by our College Data Analytics TeamA large number of students are not billed 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 Abraham Lincoln University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Abraham Lincoln University offer you, and what will you qualify for? Keep reading for more information. Keep going to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Abraham Lincoln University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Abraham Lincoln University, 100% of new full-time first-years were awarded at least some aid approximately 3 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $5,570 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 67% | $5,570 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $10,667 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 53% of undergrads got grants or scholarships worth on average $5,455 (among about 24 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,455 |
| Federal Pell grants | 53% | $5,455 |
| Federal student loans | 60% | $11,346 |
On-campus students receiving title-IV aid were awarded grants averaging $5,570.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,825 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,584 |
| Off-campus title-IV students | $24,825 |
For a personalized estimate based on your family’s financial situation, use Abraham Lincoln University’s official net price calculator: www.alu.edu/net-price-calculator/.
The median student at Abraham Lincoln University graduates with $8,984 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,984 |
The figure below distills the debt data into a single burden category for Abraham Lincoln University.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Abraham Lincoln University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 411 |
| Total Stafford loan amount | $7,351,483 |
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 | 3 |
| Total GI Bill amount | $22,044 |
| Average GI Bill amount per recipient | $7,348 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,000 |
| Average DoD amount per recipient | $3,000 |
References
More about our data sources and methodologies.