by our College Data Analytics TeamA large number of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Lincoln Technical Institute - Paramus can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Lincoln Tech - Paramus deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Lincoln Technical Institute - Paramus.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Lincoln Technical Institute - Paramus, 96% of new full-time first-years were awarded at least some aid (about 499 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $4,656 |
| Institutional grants & scholarships | 61% | $1,473 |
| Federal Pell grants | 77% | $4,351 |
| State/local grants | 0% | — |
| Federal student loans | 89% | $7,018 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 87% of undergraduate students received gift aid averaging $4,109 (across roughly 963 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $4,109 |
| Federal Pell grants | 69% | $3,996 |
| Federal student loans | 85% | $6,532 |
For on-campus title-IV students, average grant aid came to $4,549.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $39,046 |
| $30,001 – $75,000 | $39,629 |
| Over $75,000 | $43,064 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $41,121 |
| Off-campus title-IV students | $39,706 |
For a personalized estimate based on your family’s financial situation, use Lincoln Tech - Paramus’s NPC: www.lincolntech.edu/net-price-calculator.
Graduating students at Lincoln Tech - Paramus carry a median federal student debt of $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.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Lincoln Tech - Paramus.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,104 |
| Middle income | $9,000 |
| High income | $6,855 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $9,130 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $10,117 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Lincoln Tech - Paramus.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Lincoln Tech - Paramus:
| 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 | 3 |
| Total GI Bill amount | $47,726 |
| Average GI Bill amount per recipient | $15,909 |
References
More about our data sources and methodologies.