Private 2 Year

Lincoln College of Technology-Toledo Tuition & Cost

Toledo, Ohio

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How much does it cost to attend?

Sticker Price
Costs for Lincoln College of Technology Toledo
Fee Cost
Books and Supplies$975
Other Fees$125
Estimated Off Campus Cost of Living $9,245
Other Expenses Budget$0

Annual Prices

The annual list price to attend Lincoln College of Technology Toledo on a full time basis for 2018/2019 is $22,240 for all students regardless of their residency. This fee is comprised of $11,895 for tuition, $9,245 room and board, $975 for books and supplies and $125 for other fees. Out of state tuition for Lincoln College of Technology Toledo is $11,895, the same as Ohio residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Lincoln College of Technology Toledo when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Lincoln College of Technology Toledo
Family Income Net Price Paid
$0 to $30,000$22,805
$30,001 to $48,000$24,626
$48,001 to $75,000n/a
$75,001 to $110,000n/a

The average reported annual net price for Lincoln College of Technology Toledo for students receiving grants or scholarship aid was $22,119 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

0% of full-time undergrad Lincoln College of Technology Toledo received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $0 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 95% of students received Federal Student Loans averaging $8,808.

Finanical Aid Lincoln College of Technology Toledo
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $0 0%
Institutional Grants and Scholarships $0 0%
Pell Grants $4,565 97%
Other Federal Grants $0 0%
State and Local Grants $0 0%
Federal Student Loans $8,808 95%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Lincoln College of Technology Toledo, we've modeled a ten year student loan with an original principal value of $41,460. The loan balance of $41,460 is a two year multiple of the $20,730 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $396 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $41,460
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $395.57
Total Interest Paid $6,008.90
Sum of All Loan Payments $47,468.90

Projected 2 Year Degree Price

2 Year Sticker Price
Year All Residents
1 $22,240
2 $23,797

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Lincoln College of Technology Toledo to be $44,480 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Lincoln College of Technology Toledo
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $366 $1,098 $1,464

Estimated cost for a class at Lincoln College of Technology Toledo based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Lincoln College of Technology Toledo versus other colleges.

Tuition Payment Plans Available

Lincoln College of Technology Toledo Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=456278 IPEDS survey data for Lincoln College of Technology Toledo.