Cost of college went up for all students at Lincoln College

Tuition and fees rose 2.3 percent for 2017-18 at Lincoln College, according to the latest disclosure from the U.S. Department of Education.

Tuition and fees rose 2.3 percent for 2017-18 at Lincoln College, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $18,100 to attend the four-year private not-for-profit institution this year $400 more than the $17,700 charged for 2016-17.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 371 students received grants or scholarships totaling $4.76 million and 310 students took out student loans totaling more than $1.81 million.

Including all undergraduates, 928 students used grants or scholarships totaling $15.71 million. Another 805 took out $5.14 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
~941
$17,500
$17,700
$17,700
$18,100
3.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Lincoln College 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
265
71%
$1,217,565
$4,595
State / local grant or scholarship
190
51%
$746,272
$3,928
Institutional grants or scholarships
371
99%
$2,797,868
$7,541
Grant or scholarship aid total
371
99%
$4,761,705
$12,835
Federal student loans
310
83%
$1,751,204
$5,649
Other student loans
6
2%
$54,844
$9,141
Student loan aid
310
83%
$1,806,048
$5,826
Total student aid
371
99%

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