Lincoln College of Technology-Indianapolis
2 Year Degrees
Main Campus
Great Lakes Region
http://www.lincolntech.edu/campus/indianapolis-in
Average Annual Tuition at Lincoln College of Technology-Indianapolis
The latest data we have for Lincoln College of Technology-Indianapolis's annual average net costs are from 2021. These costs and and the average Indiana schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| Lincoln College of Technology-Indianapolis | $34,370 | $34,370 | $11,730 | $21,435 |
| IN Average | $14,768 | $16,118 | $12,255 | $15,062 |
As you can see, annual costs at Lincoln College of Technology-Indianapolis have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Indiana as well. Indiana's' higher education costs rose by 16.1% in just the last 10 years, ranking as the 45th highest state.
Lincoln College of Technology-Indianapolis Financial Assistance
71% of students enrolled at Lincoln College of Technology-Indianapolis receive some form of Federal loan assistance. You can view Lincoln College of Technology-Indianapolis's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Two of the three Indiana 529 college savings programs are managed by Ascensus College Savings: The CollegeChoice 529 Direct and the CollegeChoice Advisor. The newest Indiana 529 plan is the CollegeChoice CD, which offers FDIC-insured savings options.
| State Plan Name: | CollegeChoice 529 Direct Savings Plan |
|---|---|
| Minimum Contribution: | $10 |
| Maximum Contribution: | up tp $450,000 per beneficiary for total contributions to all state-sponsored 529 plans in Indiana |
| Fees: | Investment portfolios charge between 0.18% and 0.82% based on the amount you invested. There’s an annual account maintenance fee of $20 for non-residents, which is waived if your accounts total $25,000 or more. |
Indiana School Statistics
We've analyzed all other higher education schools in IN, and wrapped it up nicely into a report for you. View our IN analysis report.
There are 46 other accredited private schools located in the state of Indiana. You can view all IN schools here.