by our College Data Analytics TeamA lot of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Lincoln Technical Institute - Mahwah can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Lincoln Tech - Mahwah offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Lincoln Technical Institute - Mahwah.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Lincoln Technical Institute - Mahwah, 96% of entering full-time freshmen got some type of financial assistance approximately 763 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $4,493 |
| Institutional grants & scholarships | 63% | $1,678 |
| Federal Pell grants | 61% | $4,538 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $8,810 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Lincoln Tech - Mahwah, about 72% of undergraduates were awarded an average grant or scholarship of $4,146 (across roughly 1086 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $4,146 |
| Federal Pell grants | 50% | $4,370 |
| Federal student loans | 68% | $8,129 |
On-campus students receiving title-IV aid were awarded grants averaging $4,214.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,715 |
| $30,001 – $75,000 | $28,234 |
| Over $75,000 | $32,293 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,968 |
| Off-campus title-IV students | $28,004 |
To project your own net price, use Lincoln Tech - Mahwah’s official net price calculator: www.lincolntech.edu/net-price-calculator.
The median student at Lincoln Tech - Mahwah graduates with $9,524 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,524 |
| Median federal debt (graduates only) | $11,730 |
| Typical 10-year monthly payment (graduates) | $124.36/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Lincoln Tech - Mahwah.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,662 |
| 75th percentile | $14,750 |
| 90th percentile (highest-debt students) | $18,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,832 |
| Middle income | $9,833 |
| High income | $9,192 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,645 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $12,125 |
These indicators are derived from the underlying debt data and summarize the overall picture at Lincoln Tech - Mahwah.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Lincoln Tech - Mahwah:
| Metric | Value |
|---|---|
| Stafford loan recipients | 88024 |
| Total Stafford loan amount | $1,028,525,613 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 73 |
| Total GI Bill amount | $1,143,123 |
| Average GI Bill amount per recipient | $15,659 |
References
More about our data sources and methodologies.