Lincoln Technical Institute-New Britain

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2021 Average Net Price
$32,644
After Financial Aid
2019 Student Loan
2.91%
Default Rate
2021 Enrolled Students
568
57.9% Full-Time
2021 Graduation Rate
59.3%
252 Graduates

About

Lincoln Technical Institute-New Britain is a higher education institution located in Hartford County, CT. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lincoln Technical Institute-New Britain were Medical Assistant (86 degrees awarded), Electrician (62 degrees), and HVAC & Refrigeration Engineering Technology (59 degrees).

In 2021, 261 degrees were awarded across all undergraduate and graduate programs at Lincoln Technical Institute-New Britain. 49.4% of these degrees were awarded to women, and 50.6% awarded men. The most common race/ethnicity group of degree recipients was white (85 degrees), 1.06 times more than then the next closest race/ethnicity group, hispanic or latino (80 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $32,644.

In 2021, 83% 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

$32,644
2021 Value
59.3%
1 Year Growth

In 2021 Lincoln Technical Institute-New Britain had an average net price — the price paid after factoring in grants and loans — of $32,644. Between 2020 and 2021, the average net price of Lincoln Technical Institute-New Britain grew by 59.3%.

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

83%
Undergraduates Receiving Financial Aid through Grants
75%
Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at Lincoln Technical Institute-New Britain received financial aid through grants or loans in 2021. This represents a decline of 4.6% with respect to 2020, when 87% 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.
2.91%
2019 Default Rate
81
Number of Defaults

In 2019 the default rate for borrower's at Lincoln Technical Institute-New Britain was 2.91%, which represents 81 out of the 2786 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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bookEnrollment

Lincoln Technical Institute-New Britain had a total enrollment of 568 students in 2021. The full-time enrollment at Lincoln Technical Institute-New Britain is 329 students and the part-time enrollment is 239. This means that 57.9% 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 32.6% White, 28.3% Hispanic or Latino, 25.2% Black or African American, 4.58% Two or More Races, 1.58% Asian, 0.352% Native Hawaiian or Other Pacific Islanders, and 0.352% American Indian or Alaska Native.

Students enrolled at Lincoln Technical Institute-New Britain in full-time Undergraduate programs are most commonly White Male (22.8%), followed by Black or African American Female (17%) and Hispanic or Latino Male (13.7%).

Full-Time vs Part-Time Enrollment

57.9%
Full-Time Enrollment

The total enrollment at Lincoln Technical Institute-New Britain in 2021, both undergraduate and graduate, is 568 students. The full-time enrollment at Lincoln Technical Institute-New Britain is 329 and the part-time enrollment is 239.

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

53%
2021 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 53%. Compared with the full-time retention rate at similar (77%), Lincoln Technical Institute-New Britain had a retention rate lower than its peers.

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 (2021)
  1. White
    185 enrolled students
  2. Hispanic or Latino
    161 enrolled students
  3. Black or African American
    143 enrolled students

The enrolled student population at Lincoln Technical Institute-New Britain is 32.6% White, 28.3% Hispanic or Latino, 25.2% Black or African American, 4.58% Two or More Races, 1.58% Asian, 0.352% Native Hawaiian or Other Pacific Islanders, and 0.352% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2021, 3 fewer 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 white (85 degrees awarded). There were 1.06 times more white recipients than the next closest race/ethnicity group, hispanic or latino (80 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lincoln Technical Institute-New Britain is Medical Assistant (86 degrees awarded), followed by Electrician (62 degrees) and HVAC & Refrigeration Engineering Technology (59 degrees).

In 2021,  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 (62 degrees awarded), Engineering Technologies (59 degrees), and Health (140 degrees).

Common Jobs by Major

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 (1,333,697 people), Medical & health services managers (146,576 people), Nurse practitioners & nurse midwives (131,850 people), Pharmacists (131,220 people), and Physicians (107,349 people).

The most specialized majors at Lincoln Technical Institute-New Britain in 2021 are Construction (62 degrees awarded), Engineering Technologies (59 degrees), and Health (140 degrees) (as of 2021).

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Highest Paying Jobs by Major

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 (62 degrees awarded), Engineering Technologies (59 degrees), and Health (140 degrees) (as of 2021).

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Common Industries by Major

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 (1,449,065 people), Elementary & secondary schools (218,450 people), Outpatient care centers (216,536 people), Offices of physicians (193,226 people), and Colleges, universities & professional schools, including junior colleges (134,289 people).

The most specialized majors at Lincoln Technical Institute-New Britain are Construction (62 degrees awarded), Engineering Technologies (59 degrees), and Health (140 degrees) (as of 2021).

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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 (2020)
  1. 77 degree-majors awarded
  2. 61 degree-majors awarded
  3. 58 degree-majors awarded

In 2020, the most common 1 to 2 year postsecondary certificate concentration at Lincoln Technical Institute-New Britain was Licensed Practical & Vocational Nurse Training with 77 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

132
Degrees Awarded to Men
in 2021
129
Degrees Awarded to Women
in 2021

In 2021, 132 degrees were awarded to men at Lincoln Technical Institute-New Britain, which is 1.02 times more than the number of degrees awarded to females (129).

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 2021, 61 degrees were awarded to men at Lincoln Technical Institute-New Britain in Electrician, which is 61 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2021, 79 degrees were awarded to men at Lincoln Technical Institute-New Britain in Medical Assistant, which is 11.3 times more than the 7 male recipients with that same degree.

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Time to Complete

35%
100% Completion Time
58%
150% Completion Time

In 2021, 35% 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, 58% completed their degrees within 150% of the normal time, and 62% 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.
White Male
Highest Graduation Rate (75.3%)

The student demographic with the highest graduation rate in 2021 at Lincoln Technical Institute-New Britain is Male and White (75.3% graduation rate). Across all , Asian Female students have the highest graduation rate (72.9%).

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 (2021)
  1. White
    85 degrees awarded
  2. Hispanic or Latino
    80 degrees awarded
  3. Black or African American
    60 degrees awarded

The most common race/ethnicity at Lincoln Technical Institute-New Britain is white (85 degrees awarded). There were 1.06 times more white recipients than the next closest race/ethnicity group, hispanic or latino (80 degrees).

3.45% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Male
    52 degrees awarded
  2. Hispanic or Latino Female
    47 degrees awarded
  3. Black or African American Female
    34 degrees awarded

The most common race/ethnicity and sex grouping at Lincoln Technical Institute-New Britain is white male (52 degrees awarded). There were 1.11 times more white male recipients than the next closest race/ethnicity group, hispanic or latino female (47 degrees).

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briefcaseOperations

Salary Expenditure

$3.27M
2021 Salaries
18.5%
growth from 2020

In 2021, Lincoln Technical Institute-New Britain paid a median of $3.27M in salaries, a 18.5% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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