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Lincoln University Financial Aid Details

87% Freshmen Get Financial Aid
$7,810 Average Grant & Scholarship
83% Undergrads Get Grant Aid

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.

Importance of LU Missouri Aid Information

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.

Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)87%$9,595
Institutional grants & scholarships66%$4,520
Federal Pell grants59%$6,373
State/local grants31%$2,484
Federal student loans52%$7,798

Scholarships and Grants at Lincoln University

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)83%$7,810
Federal Pell grants49%$5,818
Federal student loans44%$7,889

For on-campus title-IV students, average grant aid came to $4,612.

Income-Adjusted Net Price at Lincoln University

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage 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.

What a Degree Really Costs at Lincoln University

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.

CohortAverage 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.

How Much Students Borrow at Lincoln University

The median student at LU Missouri graduates with $19,000 of cumulative federal debt.

MetricAmount
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 Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at LU Missouri.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,050
25th percentile$5,500
75th percentile$23,500
90th percentile (highest-debt students)$41,000

How Debt Outcomes Vary by Student Group at Lincoln University

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$21,000
Middle income$14,868
High income$20,250

By First-Generation Status

CohortMedian federal debt
First-generation students$19,350
Continuing-generation students$17,557

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$17,750
Independent students$21,938

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at LU Missouri.

Stafford Loan Activity at Lincoln University

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at LU Missouri:

MetricValue
Stafford loan recipients13843
Total Stafford loan amount$277,373,576

Veterans Benefits at Lincoln University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients44
Total GI Bill amount$224,328
Average GI Bill amount per recipient$5,098

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients65
Total DoD amount$181,691
Average DoD amount per recipient$2,795

Lincoln University Financial Aid Resources

References

More about our data sources and methodologies.

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