Lincoln Technical Institute-New Britain

www.lincolntech.edu/campus/new-britain-ct

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2023 Average Net Price
$30,299
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
783
66.3% Full-Time
2023 Graduation Rate
53.9%
253 Graduates

About

Lincoln Technical Institute-New Britain is a higher education institution located in None. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lincoln Technical Institute-New Britain were Medical Assistant (128 degrees awarded), Electrician (102 degrees), and HVAC & Refrigeration Engineering Technology (53 degrees).

In 2023, 381 degrees were awarded across all undergraduate and graduate programs at Lincoln Technical Institute-New Britain. 53% of these degrees were awarded to women, and 47% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (116 degrees), 1 times more than then the next closest race/ethnicity group, white (116 degrees).

In 2020 the default rate for borrower's at Lincoln Technical Institute-New Britain was 0%, corresponding to 0 out of the 2,963 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $30,299.

In 2023, 81% of undergraduate students attending Lincoln Technical Institute-New Britain received financial aid through grants. Comparatively, 75% of undergraduate students received financial aid through loans.

Average Net Price

$30,299
2023 Value
19.1%
1 Year Growth

In 2023 Lincoln Technical Institute-New Britain had an average net price — the price paid after factoring in grants and loans — of $30,299. Between 2022 and 2023, the average net price of Lincoln Technical Institute-New Britain grew by 19.1%.

This chart compares the average net price of Lincoln Technical Institute-New Britain (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Financial Aid by Income Level

81%
Undergraduates Receiving Financial Aid through Grants
75%
Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Lincoln Technical Institute-New Britain received financial aid through grants or loans in 2023. This represents a decline of 2.41% with respect to 2022, when 83% of undergraduate students received financial aid.

This chart compares the average award discount at Lincoln Technical Institute-New Britain (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Lincoln Technical Institute-New Britain was 0%, which represents 0 out of the 2963 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Lincoln Technical Institute-New Britain had a total enrollment of 783 students in 2023. The full-time enrollment at Lincoln Technical Institute-New Britain is 519 students and the part-time enrollment is 264. This means that 66.3% of students enrolled at Lincoln Technical Institute-New Britain are enrolled full-time.

The enrolled student population at Lincoln Technical Institute-New Britain, both undergraduate and graduate, is 33.7% Black or African American, 32.8% Hispanic or Latino, 24.4% White, 5.87% Two or More Races, 2.04% Asian, 0.128% Native Hawaiian or Other Pacific Islanders, and 0.128% American Indian or Alaska Native.

Students enrolled at Lincoln Technical Institute-New Britain in full-time Undergraduate programs are most commonly Black or African American Female (24.5%), followed by Hispanic or Latino Female (21.7%) and White Male (14.7%).

Full-Time vs Part-Time Enrollment

66.3%
Full-Time Enrollment

The total enrollment at Lincoln Technical Institute-New Britain in 2023, both undergraduate and graduate, is 783 students. The full-time enrollment at Lincoln Technical Institute-New Britain is 519 and the part-time enrollment is 264.

This chart shows the full-time vs part-time enrollment status at Lincoln Technical Institute-New Britain (in red) compares to similar universities.

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Retention Rate over Time

79%
2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lincoln Technical Institute-New Britain was 79%.

This chart shows the retention rate over time at Lincoln Technical Institute-New Britain (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Black or African American
    264 enrolled students
  2. Hispanic or Latino
    257 enrolled students
  3. White
    191 enrolled students

The enrolled student population at Lincoln Technical Institute-New Britain is 33.7% Black or African American, 32.8% Hispanic or Latino, 24.4% White, 5.87% Two or More Races, 2.04% Asian, 0.128% Native Hawaiian or Other Pacific Islanders, and 0.128% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 23 more women than men received degrees from Lincoln Technical Institute-New Britain. The most common race/ethnicity group of degree recipients at Lincoln Technical Institute-New Britain is hispanic or latino (116 degrees awarded). There were 1 times more hispanic or latino recipients than the next closest race/ethnicity group, white (116 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lincoln Technical Institute-New Britain is Medical Assistant (128 degrees awarded), followed by Electrician (102 degrees) and HVAC & Refrigeration Engineering Technology (53 degrees).

In 2023,  the most specialized majors across all degree types at Lincoln Technical Institute-New Britain, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (102 degrees awarded), Engineering Technologies (53 degrees), and Health (226 degrees).

Common Jobs by Major

Registered nurses
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lincoln Technical Institute-New Britain are Registered nurses (1,454,552 people), Medical & health services managers (157,474 people), Nurse practitioners & nurse midwives (152,332 people), Pharmacists (133,617 people), and Physicians (108,626 people).

The most specialized majors at Lincoln Technical Institute-New Britain in 2023 are Construction (102 degrees awarded), Engineering Technologies (53 degrees), and Health (226 degrees) (as of 2023).

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Highest Paying Jobs by Major

Cardiovascular technologists and technicians
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lincoln Technical Institute-New Britain are Cardiovascular technologists and technicians, Surgeons, Physicians, Chief executives & legislators, and Physician assistants

The most specialized majors at Lincoln Technical Institute-New Britain are Construction (102 degrees awarded), Engineering Technologies (53 degrees), and Health (226 degrees) (as of 2023).

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Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lincoln Technical Institute-New Britain are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,489,768 people), Outpatient care centers (239,251 people), Elementary & secondary schools (227,466 people), Offices of physicians (203,445 people), and Colleges, universities & professional schools, including junior colleges (142,113 people).

The most specialized majors at Lincoln Technical Institute-New Britain are Construction (102 degrees awarded), Engineering Technologies (53 degrees), and Health (226 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lincoln Technical Institute-New Britain.
Most Common (2023)
  1. Medical Assistant
    128 degrees awarded
  2. Electrician
    102 degrees awarded
  3. HVAC & Refrigeration Engineering Technology
    53 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Lincoln Technical Institute-New Britain was Medical Assistant with 128 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Lincoln Technical Institute-New Britain according to their major.

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Sex Breakdown for Common Majors

179
Degrees Awarded to Men
in 2023
202
Degrees Awarded to Women
in 2023

In 2023, 179 degrees were awarded to men at Lincoln Technical Institute-New Britain, which is 0.886 times less than the number of degrees awarded to females (202).

This chart displays the sex disparity between the top 5 majors at Lincoln Technical Institute-New Britain by degrees awarded.

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Most Common Male Majors

In 2023, 102 degrees were awarded to men at Lincoln Technical Institute-New Britain in Electrician. There were no female recipients with the same degree.

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Most Common Female Majors

In 2023, 119 degrees were awarded to men at Lincoln Technical Institute-New Britain in Medical Assistant, which is 13.2 times more than the 9 male recipients with that same degree.

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Time to Complete

28%
100% Completion Time
52%
150% Completion Time

In 2023, 28% of students graduating from Lincoln Technical Institute-New Britain completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 55% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Lincoln Technical Institute-New Britain is Male and Asian (100% graduation rate). Across all , Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    116 degrees awarded
  2. White
    116 degrees awarded
  3. Black or African American
    91 degrees awarded

The most common race/ethnicity at Lincoln Technical Institute-New Britain is hispanic or latino (116 degrees awarded). There were 1 times more hispanic or latino recipients than the next closest race/ethnicity group, white (116 degrees).

6.04% of degree recipients (23 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    82 degrees awarded
  2. Hispanic or Latino Female
    73 degrees awarded
  3. Black or African American Female
    65 degrees awarded

The most common race/ethnicity and sex grouping at Lincoln Technical Institute-New Britain is white male (82 degrees awarded). There were 1.12 times more white male recipients than the next closest race/ethnicity group, hispanic or latino female (73 degrees).

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Operations

Salary Expenditure

$3.87M
2023 Salaries
7.76%
growth from 2022

In 2023, Lincoln Technical Institute-New Britain paid a median of $3.87M in salaries, a 7.76% growth from the previous year. This is compared to a 9.83% growth between 2021 and 2022, and a 18.5% growth between 2020 and 2021.

The median for similar is 668k (13.2% of overall expenditures).

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