Financial Aid
Understand the full cost picture at Lincoln College of Technology-Melrose Park, including tuition, financial aid, and net price information.
In-State Tuition
N/A
Out-of-State Tuition
N/A
Average Net Price
$24,326
Price Difference
N/A
Avg. financial aid
Tuition & Fees
Annual tuition for residents of IL
Average amount students pay after grants and scholarships
After financial aid, students at Lincoln College of Technology-Melrose Park pay an average net price of $24,326.
Net Price by Family Income
Even for families earning under $30,000, the net price at Lincoln College of Technology-Melrose Park averages $23,498. Carefully review all financial aid options before enrolling.
$0 - $30,000
$23,498
$30,001 - $48,000
$24,074
$48,001 - $75,000
$25,273
$75,001 - $110,000
$26,824
Over $110,000
$27,873
Financial Aid Overview
Financial aid is widely available at Lincoln College of Technology-Melrose Park: 92% of first-time, full-time students receive grant or scholarship assistance averaging $4,474.
Students Receiving Any Financial Aid
906 of 980 students
Grants & Scholarships
Recipients
898 (92%)
Average Award
$4,474
Federal Pell Grants
Recipients
721 (74%)
Average Award
$4,512
Aid by Source
Institutional Grants
496 recipients (51%)
$1,323 avg
Student Loans
78% of undergraduates at Lincoln College of Technology-Melrose Park borrow federal student loans, with an average loan of $7,375. Understanding repayment options early is important.
Total Borrowers
1,457
78% of students
Average Loan Amount
$7,375
Financial Aid Resources
Net Price Calculator
Estimate your actual cost after financial aid
Financial Aid Office
Learn about available aid programs and apply
FAFSA Information
Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.
Apply for FAFSA →Payment Plans Available
Many institutions, including Lincoln College of Technology-Melrose Park, offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:
- Monthly payment plans
- Deferred payment options
- Employer tuition assistance programs
Quick Links
Need Help?
Contact the financial aid office for personalized assistance with:
- Scholarship opportunities
- Grant eligibility
- Work-study programs
- Payment plan options
Phone
708344470041600Federal School Codes
Use these codes when applying for federal financial aid