Most students will never be charged 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 total cost of going to Lincoln University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will LU Missouri deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Lincoln University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Lincoln University, 87% of the incoming full-time class was awarded financial aid approximately 263 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $9,595 |
| Institutional grants & scholarships | 66% | $4,520 |
| Federal Pell grants | 59% | $6,373 |
| State/local grants | 31% | $2,484 |
| Federal student loans | 52% | $7,798 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at LU Missouri, about 83% of undergraduates were awarded grant or scholarship aid averaging $7,810 (covering around 1425 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $7,810 |
| Federal Pell grants | 49% | $5,818 |
| Federal student loans | 44% | $7,889 |
For on-campus title-IV students, average grant aid came to $4,612.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,595 |
| $30,001 – $75,000 | $13,528 |
| Over $75,000 | $20,366 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,092 |
| Off-campus title-IV students | $12,484 |
To get a personalized net price estimate, try LU Missouri’s NPC: www.lincolnu.edu/admissions/financial-aid/net-price-calculator.html.
The median student at LU Missouri graduates with $19,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $28,875 |
| Typical 10-year monthly payment (graduates) | $306.12/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at LU Missouri.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,050 |
| 25th percentile | $5,500 |
| 75th percentile | $23,500 |
| 90th percentile (highest-debt students) | $41,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $21,000 |
| Middle income | $14,868 |
| High income | $20,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,350 |
| Continuing-generation students | $17,557 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,750 |
| Independent students | $21,938 |
These indicators are derived from the underlying debt data and summarize the overall picture at LU Missouri.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at LU Missouri:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13843 |
| Total Stafford loan amount | $277,373,576 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 44 |
| Total GI Bill amount | $224,328 |
| Average GI Bill amount per recipient | $5,098 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 65 |
| Total DoD amount | $181,691 |
| Average DoD amount per recipient | $2,795 |
References
More about our data sources and methodologies.