by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Lincoln Technical Institute - Moorestown can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does Lincoln Tech - Moorestown offer you, and what will you qualify for? Keep scrolling for more information. Keep going to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Lincoln Technical Institute - Moorestown.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Lincoln Technical Institute - Moorestown, 98% of new full-time first-years were awarded at least some aid roughly 592 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $5,848 |
| Institutional grants & scholarships | 88% | $1,769 |
| Federal Pell grants | 98% | $4,108 |
| State/local grants | 0% | — |
| Federal student loans | 89% | $6,794 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 93% of undergrads got grants or scholarships worth on average $4,467 (across roughly 1196 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $4,467 |
| Federal Pell grants | 73% | $3,952 |
| Federal student loans | 82% | $6,246 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,424.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $38,543 |
| $30,001 – $75,000 | $38,195 |
| Over $75,000 | $41,310 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $39,141 |
| Off-campus title-IV students | $38,792 |
For a personalized estimate based on your family’s financial situation, use Lincoln Tech - Moorestown’s NPC: www.lincolntech.edu/net-price-calculator.
The median federal debt load at Lincoln Tech - Moorestown comes to $9,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,000 |
| Median federal debt (graduates only) | $10,521 |
| Typical 10-year monthly payment (graduates) | $111.54/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Lincoln Tech - Moorestown.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,907 |
| 25th percentile | $6,178 |
| 75th percentile | $11,811 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,104 |
| Middle income | $9,000 |
| High income | $6,855 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $9,130 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $10,117 |
The figure below distills the debt data into a single burden category for Lincoln Tech - Moorestown.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Lincoln Tech - Moorestown:
| Metric | Value |
|---|---|
| Stafford loan recipients | 78719 |
| Total Stafford loan amount | $865,415,694 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $110,190 |
| Average GI Bill amount per recipient | $12,243 |
References
More about our data sources and methodologies.