by our College Data Analytics TeamHere’s the full picture on paying for Lincoln College of Technology-Melrose Park, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.
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Net price reflects the true cost to attend after grant and scholarship aid is deducted. It is usually a better planning number than the sticker cost above.
| Average net price (on-campus) | $25,598.00 |
| Average net price (off-campus) | $24,334.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. The table below shows the average net price by family-income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $23,498.00 |
| $30,000 to $48,000 | $24,074.00 |
| $48,001 to $75,000 | $25,273.00 |
| $75,001 to $110,000 | $26,824.00 |
| Over $110,000 | $27,873.00 |
For a personalized estimate, try the Lincoln College of Technology-Melrose Park Net Price Calculator, or contact the financial aid office.
For the grant-and-scholarship detail behind these figures, see the grants & scholarships detail.
Typical debt at graduation from Lincoln C of Technology-Melrose Park amounts to $9,500.00, which the Department of Education classifies as a Very Low (<$10k) debt-burden category.
The percentile spread of debt at graduation is shown below:
| Percentile | Debt at graduation |
|---|---|
| 10th | $2,750.00 |
| 25th | $5,500.00 |
| Median (50th) | $9,500.00 |
| 75th | $16,000.00 |
| 90th | $19,504.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
For the full borrowing and repayment picture, see the student loan debt detail.
Family income tracks closely with debt at graduation. The table below divides borrowers into three income tiers:
| Family income | Median debt at graduation |
|---|---|
| Low income | $9,878.00 |
| Middle income | $9,500.00 |
| High income | $8,967.00 |
Borrowers from lower-income families leave school with $911.00 more than graduates from high-income families.
First-gen students typically face different financial-aid contexts than students whose parents attended college.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $9,500.00 |
| Continuing-generation students | $9,500.00 |
Pell Grant eligibility is a useful proxy for low-income status among undergraduates. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.
The Pell-versus-non-Pell median debt difference at Lincoln C of Technology-Melrose Park works out to $466.00. This institution is flagged by federal data for Pell-debt inequity.
The default-rate category at Lincoln C of Technology-Melrose Park is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 21.2% |
To give some context for these rates, Stafford loans disbursed at Lincoln C of Technology-Melrose Park amount to $709,880,602.00 over 62,354 loan recipients.
Veterans and current servicemembers may be eligible for major federal education benefits including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 55 |
| Avg GI Bill amount | $16,646.00 |
Dig into veteran education benefits on the veterans benefits detail.
The data above is a foundation; round it out by asking yourself about Lincoln C of Technology-Melrose Park, keep these questions in mind:
Dig further into the cost picture with the related pages below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.