Lincoln Technical Institute-Iselin

www.lincolntech.edu/campus/edison-nj

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2022 Average Net Price

$38,640

After Financial Aid

2019 Default Rate

1.97%

on Student Loans

2022 Enrolled Students

548

73.9% Full-Time

About

Lincoln Technical Institute-Iselin is a higher education institution located in Middlesex County, NJ. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lincoln Technical Institute-Iselin were Licensed Practical & Vocational Nurse Training (199 degrees awarded), Computer Systems Networking & Telecommunications (66 degrees), and Medical Assistant (57 degrees).

In 2022, 342 degrees were awarded across all undergraduate and graduate programs at Lincoln Technical Institute-Iselin. 74.3% of these degrees were awarded to women, and 25.7% awarded men. The most common race/ethnicity group of degree recipients was black or african american (152 degrees), 1.92 times more than then the next closest race/ethnicity group, hispanic or latino (79 degrees).

In 2019 the default rate for borrower's at Lincoln Technical Institute-Iselin was 1.97%, corresponding to 48 out of the 2434 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $38,640.

In 2022, 84% of undergraduate students attending Lincoln Technical Institute-Iselin received financial aid through grants. Comparatively, 73% of undergraduate students received financial aid through loans.

Average Net Price

$38,640

2022 Value

6.2%

1 Year Growth

In 2022 Lincoln Technical Institute-Iselin had an average net price — the price paid after factoring in grants and loans — of $38,640. Between 2021 and 2022, the average net price of Lincoln Technical Institute-Iselin grew by 6.2%.

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

Financial Aid by Income Level

84%

Undergraduates Receiving Financial Aid through Grants

73%

Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Lincoln Technical Institute-Iselin received financial aid through grants or loans in 2022. This represents a decline of 1.18% with respect to 2021, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Lincoln Technical Institute-Iselin (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.

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

Number of Defaults

In 2019 the default rate for borrower's at Lincoln Technical Institute-Iselin 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.

Enrollment

Lincoln Technical Institute-Iselin had a total enrollment of 548 students in 2022. The full-time enrollment at Lincoln Technical Institute-Iselin is 405 students and the part-time enrollment is 143. This means that 73.9% of students enrolled at Lincoln Technical Institute-Iselin are enrolled full-time.

The enrolled student population at Lincoln Technical Institute-Iselin, both undergraduate and graduate, is 41.8% Black or African American, 30.7% Hispanic or Latino, 9.67% White, 4.01% Asian, 3.47% Two or More Races, and 0.365% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lincoln Technical Institute-Iselin in full-time Undergraduate programs are most commonly Black or African American Female (36.3%), followed by Hispanic or Latino Female (22%) and Hispanic or Latino Male (8.89%).

Full-Time vs Part-Time Enrollment

73.9%

Full-Time Enrollment

The total enrollment at Lincoln Technical Institute-Iselin in 2022, both undergraduate and graduate, is 548 students. The full-time enrollment at Lincoln Technical Institute-Iselin is 405 and the part-time enrollment is 143.

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

Retention Rate over Time

63%

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-Iselin was 63%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
229 enrolled students
Hispanic or Latino
168 enrolled students
White
53 enrolled students

The enrolled student population at Lincoln Technical Institute-Iselin is 41.8% Black or African American, 30.7% Hispanic or Latino, 9.67% White, 4.01% Asian, 3.47% Two or More Races, and 0.365% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 166 more women than men received degrees from Lincoln Technical Institute-Iselin. The most common race/ethnicity group of degree recipients at Lincoln Technical Institute-Iselin is black or african american (152 degrees awarded). There were 1.92 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (79 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lincoln Technical Institute-Iselin is Licensed Practical & Vocational Nurse Training (199 degrees awarded), followed by Computer Systems Networking & Telecommunications (66 degrees) and Medical Assistant (57 degrees).

In 2022, the most specialized majors across all degree types at Lincoln Technical Institute-Iselin, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (276 degrees awarded) and Computer and Information Sciences and Support Services (66 degrees).

Common Jobs by Major

Registered nurses

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-Iselin 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-Iselin in 2022 are Health (276 degrees awarded) and Computer and Information Sciences and Support Services (66 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

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-Iselin are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at Lincoln Technical Institute-Iselin are Health (276 degrees awarded) and Computer and Information Sciences and Support Services (66 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

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-Iselin 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-Iselin are Health (276 degrees awarded) and Computer and Information Sciences and Support Services (66 degrees) (as of 2022).

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-Iselin.

Most Common (2022)

Licensed Practical & Vocational Nurse Training
199 degrees awarded
Computer Systems Networking & Telecommunications
66 degrees awarded
Medical Assistant
57 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Lincoln Technical Institute-Iselin was Licensed Practical & Vocational Nurse Training with 199 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

254

Degrees Awarded to Women

in 2022

In 2022, 88 degrees were awarded to men at Lincoln Technical Institute-Iselin, which is 0.346 times less than the number of degrees awarded to females (254).

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

Most Common Male Majors

In 2022, 59 degrees were awarded to men at Lincoln Technical Institute-Iselin in Computer Systems Networking & Telecommunications, which is 8.43 times more than the 7 female recipients with that same degree.

Most Common Female Majors

In 2022, 176 degrees were awarded to men at Lincoln Technical Institute-Iselin in Licensed Practical & Vocational Nurse Training, which is 7.65 times more than the 23 male recipients with that same degree.

Time to Complete

30%

100% Completion Time

61%

150% Completion Time

In 2022, 30% of students graduating from Lincoln Technical Institute-Iselin completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 77% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Black or African American
152 degrees awarded
Hispanic or Latino
79 degrees awarded
White
50 degrees awarded

The most common race/ethnicity at Lincoln Technical Institute-Iselin is black or african american (152 degrees awarded). There were 1.92 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (79 degrees).

9.65% of degree recipients (33 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Female
118 degrees awarded
Hispanic or Latino Female
59 degrees awarded
Black or African American Male
34 degrees awarded

The most common race/ethnicity and sex grouping at Lincoln Technical Institute-Iselin is black or african american female (118 degrees awarded). There were 2 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (59 degrees).

Operations

Salary Expenditure

$3.55M

2022 Salaries

10.3%

growth from 2021

In 2022, Lincoln Technical Institute-Iselin paid a median of $3.55M in salaries, a 10.3% growth from the previous year. This is compared to a 29.3% growth between 2020 and 2021, and a 9.08% growth between 2019 and 2020.

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

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