by our College Data Analytics TeamThe majority of students are not billed 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 price tag of going to Lincoln College of Technology-Marietta can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does Lincoln Tech - Marietta offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Lincoln College of Technology-Marietta.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Lincoln College of Technology-Marietta, 87% of new full-time first-years were awarded at least some aid approximately 373 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $4,572 |
| Institutional grants & scholarships | 59% | $1,379 |
| Federal Pell grants | 64% | $4,460 |
| State/local grants | 0% | — |
| Federal student loans | 68% | $8,653 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 77% of the undergraduate population received grant aid that averaged $4,214 (across roughly 575 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $4,214 |
| Federal Pell grants | 59% | $4,265 |
| Federal student loans | 65% | $7,797 |
Title-IV recipients living on campus saw average grant aid of $4,742.
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 | $29,094 |
| $30,001 – $75,000 | $29,458 |
| Over $75,000 | $32,874 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $30,801 |
| Off-campus title-IV students | $29,503 |
For a customized cost estimate, visit Lincoln Tech - Marietta’s NPC: www.lincolntech.edu/net-price-calculator.
The median federal debt load at Lincoln Tech - Marietta comes to $9,000 of cumulative federal debt.
| 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Lincoln Tech - Marietta.
| 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.
By Family Income
| 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 Department of Education computes summary indicators that describe debt outcomes at a glance. Lincoln Tech - Marietta.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Lincoln Tech - Marietta:
| Metric | Value |
|---|---|
| Stafford loan recipients | 78719 |
| Total Stafford loan amount | $865,415,694 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 80 |
| Total GI Bill amount | $946,747 |
| Average GI Bill amount per recipient | $11,834 |
References
More about our data sources and methodologies.