Lincoln Technical Institute-Paramus

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2021 Average Net Price
$35,120
After Financial Aid
2019 Student Loan
1.97%
Default Rate
2021 Enrolled Students
792
64.9% Full-Time

About

Lincoln Technical Institute-Paramus is a higher education institution located in Bergen County, NJ. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lincoln Technical Institute-Paramus were Licensed Practical & Vocational Nurse Training (102 degrees awarded), Computer Systems Networking & Telecommunications (95 degrees), and Medical Assistant (75 degrees).

In 2021, 346 degrees were awarded across all undergraduate and graduate programs at Lincoln Technical Institute-Paramus. 67.3% of these degrees were awarded to women, and 32.7% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (152 degrees), 1.55 times more than then the next closest race/ethnicity group, black or african american (98 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $35,120.

In 2021, 81% of undergraduate students attending Lincoln Technical Institute-Paramus received financial aid through grants. Comparatively, 84% of undergraduate students received financial aid through loans.

Average Net Price

$35,120
2021 Value
44.5%
1 Year Growth

In 2021 Lincoln Technical Institute-Paramus had an average net price — the price paid after factoring in grants and loans — of $35,120. Between 2020 and 2021, the average net price of Lincoln Technical Institute-Paramus grew by 44.5%.

This chart compares the average net price of Lincoln Technical Institute-Paramus (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
84%
Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Lincoln Technical Institute-Paramus received financial aid through grants or loans in 2021. This represents a decline of 7.95% with respect to 2020, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Lincoln Technical Institute-Paramus (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.
1.97%
2019 Default Rate
48
Number of Defaults

In 2019 the default rate for borrower's at Lincoln Technical Institute-Paramus was 1.97%, which represents 48 out of the 2434 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-Paramus had a total enrollment of 792 students in 2021. The full-time enrollment at Lincoln Technical Institute-Paramus is 514 students and the part-time enrollment is 278. This means that 64.9% of students enrolled at Lincoln Technical Institute-Paramus are enrolled full-time.

The enrolled student population at Lincoln Technical Institute-Paramus, both undergraduate and graduate, is 41.3% Black or African American, 30.4% Hispanic or Latino, 10.5% White, 5.05% Asian, 3.41% Two or More Races, 0.126% Native Hawaiian or Other Pacific Islanders, and 0.126% American Indian or Alaska Native.

Students enrolled at Lincoln Technical Institute-Paramus in full-time Undergraduate programs are most commonly Black or African American Female (39.3%), followed by Hispanic or Latino Female (18.7%) and Hispanic or Latino Male (9.92%).

Full-Time vs Part-Time Enrollment

64.9%
Full-Time Enrollment

The total enrollment at Lincoln Technical Institute-Paramus in 2021, both undergraduate and graduate, is 792 students. The full-time enrollment at Lincoln Technical Institute-Paramus is 514 and the part-time enrollment is 278.

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

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Retention Rate over Time

70%
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-Paramus was 70%. Compared with the full-time retention rate at similar (77%), Lincoln Technical Institute-Paramus had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Black or African American
    327 enrolled students
  2. Hispanic or Latino
    241 enrolled students
  3. White
    83 enrolled students

The enrolled student population at Lincoln Technical Institute-Paramus is 41.3% Black or African American, 30.4% Hispanic or Latino, 10.5% White, 5.05% Asian, 3.41% Two or More Races, 0.126% Native Hawaiian or Other Pacific Islanders, and 0.126% 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, 120 more women than men received degrees from Lincoln Technical Institute-Paramus. The most common race/ethnicity group of degree recipients at Lincoln Technical Institute-Paramus is hispanic or latino (152 degrees awarded). There were 1.55 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (98 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lincoln Technical Institute-Paramus is Licensed Practical & Vocational Nurse Training (102 degrees awarded), followed by Computer Systems Networking & Telecommunications (95 degrees) and Medical Assistant (75 degrees).

In 2021,  the most specialized majors across all degree types at Lincoln Technical Institute-Paramus, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Computer and Information Sciences and Support Services (95 degrees awarded) and Health (251 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-Paramus are Registered nurses (1,339,917 people), Software developers (483,591 people), Other managers (151,219 people), Medical & health services managers (150,524 people), and Pharmacists (132,696 people).

The most specialized majors at Lincoln Technical Institute-Paramus in 2021 are Computer and Information Sciences and Support Services (95 degrees awarded) and Health (251 degrees) (as of 2021).

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Highest Paying Jobs by Major

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-Paramus are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Magnetic resonance imaging technologists

The most specialized majors at Lincoln Technical Institute-Paramus are Computer and Information Sciences and Support Services (95 degrees awarded) and Health (251 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-Paramus are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,492,850 people), Computer Systems Design (540,208 people), Elementary & secondary schools (260,680 people), Outpatient care centers (224,714 people), and Offices of physicians (201,764 people).

The most specialized majors at Lincoln Technical Institute-Paramus are Computer and Information Sciences and Support Services (95 degrees awarded) and Health (251 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-Paramus.
Most Common (2021)
  1. 102 degree-majors awarded
  2. 95 degree-majors awarded
  3. 75 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Lincoln Technical Institute-Paramus was Licensed Practical & Vocational Nurse Training with 102 degrees awarded.

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

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Sex Breakdown for Common Majors

113
Degrees Awarded to Men
in 2021
233
Degrees Awarded to Women
in 2021

In 2021, 113 degrees were awarded to men at Lincoln Technical Institute-Paramus, which is 0.485 times less than the number of degrees awarded to females (233).

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

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Most Common Male Majors

In 2021, 90 degrees were awarded to men at Lincoln Technical Institute-Paramus in Computer Systems Networking & Telecommunications, which is 18 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2021, 90 degrees were awarded to men at Lincoln Technical Institute-Paramus in Licensed Practical & Vocational Nurse Training, which is 7.5 times more than the 12 male recipients with that same degree.

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Time to Complete

32%
100% Completion Time
71%
150% Completion Time

In 2021, 32% of students graduating from Lincoln Technical Institute-Paramus completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 74% 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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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. Hispanic or Latino
    152 degrees awarded
  2. Black or African American
    98 degrees awarded
  3. White
    57 degrees awarded

The most common race/ethnicity at Lincoln Technical Institute-Paramus is hispanic or latino (152 degrees awarded). There were 1.55 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (98 degrees).

2.6% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Hispanic or Latino Female
    109 degrees awarded
  2. Black or African American Female
    75 degrees awarded
  3. Hispanic or Latino Male
    43 degrees awarded

The most common race/ethnicity and sex grouping at Lincoln Technical Institute-Paramus is hispanic or latino female (109 degrees awarded). There were 1.45 times more hispanic or latino female recipients than the next closest race/ethnicity group, black or african american female (75 degrees).

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briefcaseOperations

Salary Expenditure

$3.62M
2021 Salaries
21.4%
growth from 2020

In 2021, Lincoln Technical Institute-Paramus paid a median of $3.62M in salaries, a 21.4% growth from the previous year.

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

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