For the 2022-23 school year, tuition at Lincoln Technical Institute-Allentown rose by 4.6%, according to recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $30,050 this year, an increase of $215 from the $29,835 charged in the 2021-22 academic year.
Approximately 95% of the undergraduate student body at the school are residents of Pennsylvania, while about 5% come from other states.
Data indicates that 89% of full-time undergraduates who began studies at Lincoln Technical Institute-Allentown in 2022-23 received some form of student financial aid. In total, 368 students were awarded grants or scholarships amounting to $1.5 million, and 323 students secured student loans exceeding $2.1 million.
Across all undergraduate students, 586 received grants or scholarships totaling $2.2 million. Additionally, 586 students borrowed a combined $3.6 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the the Lincoln Technical Institute-Allentown in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 284 | 68% | $1.2 million | $4,222 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 204 | 49% | $255,843 | $1,254 |
| Grant or scholarship aid total | 368 | 88% | $1.5 million | $3,954 |
| Federal student loans | 323 | 77% | $2.1 million | $6,493 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 323 | 77% | $2.1 million | $6,524 |
| Total student aid | 372 | 89% | $3.6 million | $9,576 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
