Lincoln Technical Institute-Paramus

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2022 Average Net Price
$38,381
After Financial Aid
2019 Default Rate
1.97%
on Student Loans
2022 Enrolled Students
600
72.2% Full-Time

About

Lincoln Technical Institute-Paramus is a higher education institution located in Bergen County, NJ. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lincoln Technical Institute-Paramus were Licensed Practical & Vocational Nurse Training (189 degrees awarded), Medical Assistant (95 degrees), and Computer Systems Networking & Telecommunications (86 degrees).

In 2022, 417 degrees were awarded across all undergraduate and graduate programs at Lincoln Technical Institute-Paramus. 74.1% of these degrees were awarded to women, and 25.9% awarded men. The most common race/ethnicity group of degree recipients was black or african american (163 degrees), 1.2 times more than then the next closest race/ethnicity group, hispanic or latino (136 degrees).

Costs

After taking grants and loans into account, the average net price for students is $38,381.

In 2022, 68% of undergraduate students attending Lincoln Technical Institute-Paramus received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Average Net Price

$38,381
2022 Value
9.29%
1 Year Growth

In 2022 Lincoln Technical Institute-Paramus had an average net price — the price paid after factoring in grants and loans — of $38,381. Between 2021 and 2022, the average net price of Lincoln Technical Institute-Paramus grew by 9.29%.

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

68%
Undergraduates Receiving Financial Aid through Grants
72%
Undergraduates Receiving Financial Aid through Loans

68% of undergraduate students at Lincoln Technical Institute-Paramus received financial aid through grants or loans in 2022. This represents a decline of 16% with respect to 2021, when 81% 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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Enrollment

Lincoln Technical Institute-Paramus had a total enrollment of 600 students in 2022. The full-time enrollment at Lincoln Technical Institute-Paramus is 433 students and the part-time enrollment is 167. This means that 72.2% 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 40.8% Black or African American, 31% Hispanic or Latino, 7.67% White, 6.17% Two or More Races, 5% Asian, and 0.333% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lincoln Technical Institute-Paramus in full-time Undergraduate programs are most commonly Black or African American Female (35.6%), followed by Hispanic or Latino Female (23.8%) and Hispanic or Latino Male (8.08%).

Full-Time vs Part-Time Enrollment

72.2%
Full-Time Enrollment

The total enrollment at Lincoln Technical Institute-Paramus in 2022, both undergraduate and graduate, is 600 students. The full-time enrollment at Lincoln Technical Institute-Paramus is 433 and the part-time enrollment is 167.

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

84%
2022 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 84%. Compared with the full-time retention rate at similar (79%), Lincoln Technical Institute-Paramus had a retention rate higher 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 (2022)
  1. Black or African American
    245 enrolled students
  2. Hispanic or Latino
    186 enrolled students
  3. White
    46 enrolled students

The enrolled student population at Lincoln Technical Institute-Paramus is 40.8% Black or African American, 31% Hispanic or Latino, 7.67% White, 6.17% Two or More Races, 5% Asian, and 0.333% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 201 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 black or african american (163 degrees awarded). There were 1.2 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (136 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lincoln Technical Institute-Paramus is Licensed Practical & Vocational Nurse Training (189 degrees awarded), followed by Medical Assistant (95 degrees) and Computer Systems Networking & Telecommunications (86 degrees).

In 2022,  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 Health (331 degrees awarded) and Computer and Information Sciences and Support Services (86 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 (1,403,088 people), Software developers (538,561 people), Other managers (159,425 people), Medical & health services managers (155,939 people), and Nurse practitioners & nurse midwives (141,302 people).

The most specialized majors at Lincoln Technical Institute-Paramus in 2022 are Health (331 degrees awarded) and Computer and Information Sciences and Support Services (86 degrees) (as of 2022).

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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 Chief executives & legislators

The most specialized majors at Lincoln Technical Institute-Paramus are Health (331 degrees awarded) and Computer and Information Sciences and Support Services (86 degrees) (as of 2022).

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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 (1,536,228 people), Computer Systems Design (571,620 people), Elementary & secondary schools (274,266 people), Outpatient care centers (248,573 people), and Offices of physicians (212,840 people).

The most specialized majors at Lincoln Technical Institute-Paramus are Health (331 degrees awarded) and Computer and Information Sciences and Support Services (86 degrees) (as of 2022).

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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.

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Lincoln Technical Institute-Paramus was Licensed Practical & Vocational Nurse Training with 189 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

108
Degrees Awarded to Men
in 2022
309
Degrees Awarded to Women
in 2022

In 2022, 108 degrees were awarded to men at Lincoln Technical Institute-Paramus, which is 0.35 times less than the number of degrees awarded to females (309).

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 2022, 78 degrees were awarded to men at Lincoln Technical Institute-Paramus in Computer Systems Networking & Telecommunications, which is 9.75 times more than the 8 female recipients with that same degree.

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Most Common Female Majors

In 2022, 175 degrees were awarded to men at Lincoln Technical Institute-Paramus in Licensed Practical & Vocational Nurse Training, which is 12.5 times more than the 14 male recipients with that same degree.

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Time to Complete

29%
100% Completion Time
69%
150% Completion Time

In 2022, 29% 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, 69% completed their degrees within 150% of the normal time, and 79% 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 (2022)
  1. Black or African American
    163 degrees awarded
  2. Hispanic or Latino
    136 degrees awarded
  3. White
    48 degrees awarded

The most common race/ethnicity at Lincoln Technical Institute-Paramus is black or african american (163 degrees awarded). There were 1.2 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (136 degrees).

6.71% of degree recipients (28 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    141 degrees awarded
  2. Hispanic or Latino Female
    90 degrees awarded
  3. Hispanic or Latino Male
    46 degrees awarded

The most common race/ethnicity and sex grouping at Lincoln Technical Institute-Paramus is black or african american female (141 degrees awarded). There were 1.57 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (90 degrees).

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Operations

Salary Expenditure

$4.17M
2022 Salaries
15.1%
growth from 2021

In 2022, Lincoln Technical Institute-Paramus paid a median of $4.17M in salaries, a 15.1% growth from the previous year.

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

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