Lincoln Technical Institute, Philadelphia

On average, college tuition goes up about 3% every year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make the amount you do have to pay for college feel more doable until after graduation.

For information on Lincoln Technical Institute's financial aid options for first-year students, check with the school directly.

Does Lincoln Technical Institute Offer In-State and Out-of-State Tuition?

Lincoln Technical Institute is a private institution, so it has the same tuition for students from Pennsylvania as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to check your state's requirements for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.

Explore other Pennsylvania colleges

Do International Students Pay More to Go to Lincoln Technical Institute?

Lincoln Technical Institute has the same tuition for international students as for those from out of state.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or school-specific grants, scholarships, and other funding opportunities.

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Lincoln Technical Institute Living Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Lincoln Technical Institute.

Room and Board Costs at Lincoln Technical Institute

Lincoln Technical Institute does not offer on-campus housing for students, so there are no charge for dorms, however you should take into account the cost of off-campus housing when comparing the cost of different schools

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

Cost of Books at Lincoln Technical Institute

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways so that those who may struggle to participate because of cost can get help covering these fees.

The Cost of Transportation at Lincoln Technical Institute

The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation.

Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is usually pricey, but cities may offer more buses, trains and affordable flights to actually get to school. The Lincoln Technical Institute campus is located in a suburb in Pennsylvania.

Other Costs

When estimating your budget for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Lincoln Technical Institute

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Now, let’s go over all of the costs we've covered, to get a better idea of what is really costs to go to Lincoln Technical Institute.

Total Cost of Lincoln Technical Institute

What will the cost of attending Lincoln Technical Institute be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Lincoln Technical Institute

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Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Lincoln Technical Institute financial aid, keep reading, or visit their financial aid website.

Scholarships at Lincoln Technical Institute

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Lincoln Technical Institute Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Lincoln Technical Institute students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Lincoln Technical Institute seem more manageable.

What will attending Lincoln Technical Institute really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Lincoln Technical Institute's net cost calculator on their website.

Lincoln Technical Institute Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Lincoln Technical Institute Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

Lincoln Technical Institute's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Lincoln Technical Institute's endowment, check with the school directly.

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Learn More About Lincoln Technical Institute

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