$4,245

Avg. Federal Grant

$7,360

Avg. Federal Loan

$2,434,283

Total Aid Awarded

Lincoln College of Technology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$2.434M

Financial Aid Official Website

www.lincolntech.edu/campus/columbia-md

Among them are scholarship programs such as Boettcher Foundation Scholarship and Colorado Ski Authority Annual Scholarship. Notably, 87% of the students at Lincoln College of Technology-Columbia get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,634,496. Notably, a total of 66% of the applicants to Lincoln College of Technology-Columbia receive the Federal Grant every year. In comparison, 67% of the students are awarded the Student Grant, 1% get the Institution Grant, and 66% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,012. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At LCTC, an estimated number of 82% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

69%

State Grant Aid

N/A

Institution Grant Aid

2%

Pell Grant

69%

Average Aid Awarded

Federal Grant Aid

$4,245

State Grant Aid

N/A

Institution Grant Aid

$4,809

Pell Grant

$4,095

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,558

$30,001 - $48,000

$3,501

$48,001 - $75,000

$1,627

$75,001 - $110,000

$305

Over $110,000

$711

Student Loans for Lincoln College of Technology

Average Loan Amount Average Loan Amount received per year.

$7,432/Year

Students Taking Out Loans

83%

Loan Default Rate

16.6%

Other Colleges In Maryland

Salisbury, Maryland 4 years Public

#N/A

College Park, Maryland 4 years Public

Located in Westminster, Maryland, McDaniel College is a private university. At McDaniel College, around 98% of the students are 24 and under. And, when it comes to gender distribution at the varsity, around 52% of the students are females and 48% are males. Finally, at MC around 57% are white, 21% a

Westminster, Maryland 4 years Private Not-For-Profit

Other Colleges In Columbia

Howard Community College is an above-average public college located in Columbia, Maryland in the Baltimore Area. It offers classes for credit in more than 100 programs, non-credit classes, and workforce development programs.

HCC  is the primary hub for higher learning in one of the m

Columbia, Maryland 2 years Public

Other Private for-profit Colleges

#N/A

Salt Lake City, Utah 4 years Private For-Profit


Online Education at Rasmussen College

  • The college has been offering distance education programs for an Associate degree, Bachelor’s degree, Certificates, and Diplomas.

  • It offers both on-campus and online programs in majors such as 

St. Cloud, Minnesota 4 years Private For-Profit

Trident University International, which is located in Cypress, CA is a private university. It was in 1998 when the Trident University International was founded. The motto of the Trident University International is Aspire, Believe, Achieve. The university believes in offering quality education to the

Cypress, California 4 years Private For-Profit