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What Kind of Lincoln Tech - Melrose Park Fin Aid Could You Get?

Most college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.

However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.

Table of Contents:

What Amount of Financial Aid is Available for First Time Students at Lincoln Tech - Melrose Park?

$5,016.00 is the typical Lincoln College of Technology - Melrose Park’s first year financial aid package. Financial aid is provided to about 98% of first-year students, with the bulk of support coming in the form of loans.

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College Discounts

Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.

What About Student Loans?

A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Lincoln College of Technology - Melrose Park you may end up taking on.

As well as scholarships, 96% of first-year students (605 total) got a federal grant, for about $4,067.00 per person.

Number of Lincoln Tech - Melrose Park Grants & Scholarships

These scholarships and grants are composed of primarily federal grants, and some state and local awards.

96% of first-year students at Lincoln College of Technology - Melrose Park (605 total) got a federal grant, averaging $4,067.00.

How Family Income Affects Aid

Information on grant and scholarship opportunities based on income level for [@ College.Name.AKA] students is not available to us.

Title IV Aid

The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.

The Average Undergrad Who Gets a Scholarship or Grant Gets $5,016.00.

98% of the undergraduates at Lincoln College of Technology - Melrose Park receive some sort of grant aid. This is a total of about 618 students getting an average of $5,016.00 per person.The largest share of which are in the guise of Pell Grants.

Curious about the Financial Aspects of Tuition and Fees?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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