OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Lincoln College Financial Aid and Scholarships 2022

Lincoln College, which is located in Lincoln, IL is a private university. It was in 1865 when the Lincoln College was founded. The motto of the Lincoln College is Lincoln College uniquely empowers students to realize their full potential and its official colors are purple and white. The total enrolment stands at 1,121 students at Lincoln College. Around 1,121 and 8 students take admission in various undergraduate and postgraduate courses of the university. The school has a total of 50 academi

Lincoln College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$11.351M

Financial Aid Official Website

financialaid.lincolncollege.edu/

It is interesting to note that, every year, around 99% of students at LC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,998,766. One can visit LC's financial aid page at http://financialaid.lincolncollege.edu/ for more information. The total percentage of candidates applying to Lincoln College who receive the Federal Grant is 80%. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 80% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,821, the State Grant receivers and Institution Grant beneficiaries get $4,170 and $6,573, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,988. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $14,451 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $15,249 and $12,744, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $10,574. And, for those with a family income of more than $110,000, the amount stands at $9,070. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 78% of the applicants to Lincoln College opt for student loans.

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