Lincoln Technical Institute-Union

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2023 Average Net Price
$25,571
After Financial Aid
2021 Default Rate
0%
on Student Loans
2023 Enrolled Students
1,648
93.8% Full-Time

About

Lincoln Technical Institute-Union is a higher education institution located in Union County, NJ. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lincoln Technical Institute-Union were Electrician (457 degrees awarded), HVAC & Refrigeration Engineering Technology (277 degrees), and Automobile Mechanics Technology (204 degrees).

In 2021 the default rate for borrower's at Lincoln Technical Institute-Union was 0%, corresponding to 0 out of the 4,617 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $25,571.

In 2023, 73% of undergraduate students attending Lincoln Technical Institute-Union received financial aid through grants. Comparatively, 69% of undergraduate students received financial aid through loans.

Average Net Price

$25,571
2023 Value
19.7%
1 Year Growth

In 2023 Lincoln Technical Institute-Union had an average net price — the price paid after factoring in grants and loans — of $25,571. Between 2022 and 2023, the average net price of Lincoln Technical Institute-Union grew by 19.7%.

This chart compares the average net price of Lincoln Technical Institute-Union (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

73%
Undergraduates Receiving Financial Aid through Grants
69%
Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Lincoln Technical Institute-Union received financial aid through grants or loans in 2023. This represents a decline of 1.35% with respect to 2022, when 74% of undergraduate students received financial aid.

This chart compares the average award discount at Lincoln Technical Institute-Union (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%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at Lincoln Technical Institute-Union was 0%, which represents 0 out of the 4617 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-Union had a total enrollment of 1,648 students in 2023. The full-time enrollment at Lincoln Technical Institute-Union is 1,546 students and the part-time enrollment is 102. This means that 93.8% of students enrolled at Lincoln Technical Institute-Union are enrolled full-time.

The enrolled student population at Lincoln Technical Institute-Union, both undergraduate and graduate, is 43.9% Hispanic or Latino, 33.4% Black or African American, 16.1% White, 2.85% Two or More Races, 2.61% Asian, 0.425% American Indian or Alaska Native, and 0.121% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lincoln Technical Institute-Union in full-time Undergraduate programs are most commonly Hispanic or Latino Male (39.8%), followed by Black or African American Male (33.2%) and White Male (17.4%).

Full-Time vs Part-Time Enrollment

93.8%
Full-Time Enrollment

The total enrollment at Lincoln Technical Institute-Union in 2023, both undergraduate and graduate, is 1,648 students. The full-time enrollment at Lincoln Technical Institute-Union is 1,546 and the part-time enrollment is 102.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    723 enrolled students
  2. Black or African American
    551 enrolled students
  3. White
    265 enrolled students

The enrolled student population at Lincoln Technical Institute-Union is 43.9% Hispanic or Latino, 33.4% Black or African American, 16.1% White, 2.85% Two or More Races, 2.61% Asian, 0.425% American Indian or Alaska Native, and 0.121% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 9 students (0.546%) did not report their race.

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Graduates

The most common 1 to 2 Year Postsecondary Certificate concentration at Lincoln Technical Institute-Union is Electrician (457 degrees awarded), followed by HVAC & Refrigeration Engineering Technology (277 degrees) and Automobile Mechanics Technology (204 degrees).

In 2023,  the most specialized majors across all degree types at Lincoln Technical Institute-Union, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (457 degrees awarded), Engineering Technologies (277 degrees), and Mechanical Technologies (219 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-Union are Construction managers (45,720 people), Other managers (36,701 people), Software developers (33,372 people), Miscellaneous engineers, including nuclear engineers (17,867 people), and Mechanical engineers (12,535 people).

The most specialized majors at Lincoln Technical Institute-Union in 2023 are Construction (457 degrees awarded), Engineering Technologies (277 degrees), and Mechanical Technologies (219 degrees) (as of 2023).

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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-Union are Cardiovascular technologists and technicians, Chief executives & legislators, Personal financial advisors, Commercial and industrial designers, and Physicians

The most specialized majors at Lincoln Technical Institute-Union are Construction (457 degrees awarded), Engineering Technologies (277 degrees), and Mechanical Technologies (219 degrees) (as of 2023).

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Common Industries by Major

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-Union are Construction (101,940 people), Computer Systems Design (41,621 people), uninformed (41,208 people), Architectural, engineering & related services (19,897 people), and Motor vehicles & motor vehicle equipment manufacturing (15,930 people).

The most specialized majors at Lincoln Technical Institute-Union are Construction (457 degrees awarded), Engineering Technologies (277 degrees), and Mechanical Technologies (219 degrees) (as of 2023).

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Operations

N/A N/A

Salary Expenditure

$6.28M
2023 Salaries
6.93%
growth from 2022

In 2023, Lincoln Technical Institute-Union paid a median of $6.28M in salaries, a 6.93% growth from the previous year. This is compared to a 2.84% growth between 2021 and 2022, and a 24.5% growth between 2020 and 2021.

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