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Thursday, November 14, 2024

Cost of college went down for all students at Lincoln College of Technology-Columbia

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Tuition and fees fell 16.1 percent for 2017-18 at Lincoln College of Technology-Columbia, according to the latest disclosure from the U.S. Department of Education.

Maryland students paid $26,172 to attend the two-year private for-profit institution this year $5,004 less than the $31,176 charged for 2016-17.

Data shows 86 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 341 students received grants or scholarships totaling $1.43 million and 401 students took out student loans totaling more than $3 million.

Including all undergraduates, 664 students used grants or scholarships totaling $2.75 million. Another 784 took out $5.86 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~578
$30,564
$30,564
$31,176
$26,172
-14.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Lincoln College of Technology-Columbia in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
341
65%
$1,426,470
$4,183
State / local grant or scholarship
0
0%
$0
Institutional grants or scholarships
0%
Grant or scholarship aid total
341
65%
$1,434,446
$4,207
Federal student loans
401
77%
$2,998,341
$7,477
Other student loans
0
0%
$0
Student loan aid
401
77%
$2,998,341
$7,477
Total student aid
450
86%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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