Lincoln Technical Institute-Paramus

www.lincolntech.edu/campus/paramus-nj

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2023 Average Net Price
$40,355
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
608
74.3% Full-Time

About

Lincoln Technical Institute-Paramus is a higher education institution located in Bergen County, NJ. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lincoln Technical Institute-Paramus were Licensed Practical & Vocational Nurse Training (207 degrees awarded), Medical Assistant (87 degrees), and Computer Support Specialist (36 degrees).

In 2023, 433 degrees were awarded across all undergraduate and graduate programs at Lincoln Technical Institute-Paramus. 78.5% of these degrees were awarded to women, and 21.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (158 degrees), 1.06 times more than then the next closest race/ethnicity group, hispanic or latino (149 degrees).

In 2020 the default rate for borrower's at Lincoln Technical Institute-Paramus was 0%, corresponding to 0 out of the 2,550 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 $40,355.

In 2023, 77% of undergraduate students attending Lincoln Technical Institute-Paramus received financial aid through grants. Comparatively, 79% of undergraduate students received financial aid through loans.

Average Net Price

$40,355
2023 Value
5.14%
1 Year Growth

In 2023 Lincoln Technical Institute-Paramus had an average net price — the price paid after factoring in grants and loans — of $40,355. Between 2022 and 2023, the average net price of Lincoln Technical Institute-Paramus grew by 5.14%.

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

77%
Undergraduates Receiving Financial Aid through Grants
79%
Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Lincoln Technical Institute-Paramus received financial aid through grants or loans in 2023. This represents a growth of 13.2% with respect to 2022, when 68% 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Lincoln Technical Institute-Paramus was 0%, which represents 0 out of the 2550 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 608 students in 2023. The full-time enrollment at Lincoln Technical Institute-Paramus is 452 students and the part-time enrollment is 156. This means that 74.3% 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 46.5% Black or African American, 33.1% Hispanic or Latino, 7.24% White, 5.43% Asian, 4.61% Two or More Races, 0.658% Native Hawaiian or Other Pacific Islanders, and 0.164% American Indian or Alaska Native.

Students enrolled at Lincoln Technical Institute-Paramus in full-time Undergraduate programs are most commonly Black or African American Female (36.3%), followed by Hispanic or Latino Female (26.2%) and Hispanic or Latino Male (8.25%).

Full-Time vs Part-Time Enrollment

74.3%
Full-Time Enrollment

The total enrollment at Lincoln Technical Institute-Paramus in 2023, both undergraduate and graduate, is 608 students. The full-time enrollment at Lincoln Technical Institute-Paramus is 452 and the part-time enrollment is 156.

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

68%
2023 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 68%.

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 (2023)
  1. Black or African American
    283 enrolled students
  2. Hispanic or Latino
    201 enrolled students
  3. White
    44 enrolled students

The enrolled student population at Lincoln Technical Institute-Paramus is 46.5% Black or African American, 33.1% Hispanic or Latino, 7.24% White, 5.43% Asian, 4.61% Two or More Races, 0.658% Native Hawaiian or Other Pacific Islanders, and 0.164% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 247 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 (158 degrees awarded). There were 1.06 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (149 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lincoln Technical Institute-Paramus is Licensed Practical & Vocational Nurse Training (207 degrees awarded), followed by Medical Assistant (87 degrees) and Computer Support Specialist (36 degrees).

In 2023,  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 (365 degrees awarded) and Computer and Information Sciences and Support Services (68 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-Paramus are Registered nurses (1,461,266 people), Software developers (586,846 people), Other managers (169,826 people), Medical & health services managers (161,049 people), and Nurse practitioners & nurse midwives (152,858 people).

The most specialized majors at Lincoln Technical Institute-Paramus in 2023 are Health (365 degrees awarded) and Computer and Information Sciences and Support Services (68 degrees) (as of 2023).

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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-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 (365 degrees awarded) and Computer and Information Sciences and Support Services (68 degrees) (as of 2023).

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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-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 (365 degrees awarded) and Computer and Information Sciences and Support Services (68 degrees) (as of 2023).

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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.
Most Common (2023)
  1. Licensed Practical & Vocational Nurse Training
    207 degrees awarded
  2. Medical Assistant
    87 degrees awarded
  3. Computer Support Specialist
    36 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Lincoln Technical Institute-Paramus was Licensed Practical & Vocational Nurse Training with 207 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

93
Degrees Awarded to Men
in 2023
340
Degrees Awarded to Women
in 2023

In 2023, 93 degrees were awarded to men at Lincoln Technical Institute-Paramus, which is 0.274 times less than the number of degrees awarded to females (340).

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 2023, 34 degrees were awarded to men at Lincoln Technical Institute-Paramus in Computer Support Specialist, which is 17 times more than the 2 female recipients with that same degree.

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Most Common Female Majors

In 2023, 191 degrees were awarded to men at Lincoln Technical Institute-Paramus in Licensed Practical & Vocational Nurse Training, which is 11.9 times more than the 16 male recipients with that same degree.

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Time to Complete

7%
100% Completion Time
50%
150% Completion Time

In 2023, 7% 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, 50% completed their degrees within 150% of the normal time, and 56% 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 (2023)
  1. Black or African American
    158 degrees awarded
  2. Hispanic or Latino
    149 degrees awarded
  3. White
    42 degrees awarded

The most common race/ethnicity at Lincoln Technical Institute-Paramus is black or african american (158 degrees awarded). There were 1.06 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (149 degrees).

10.6% of degree recipients (46 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Black or African American Female
    140 degrees awarded
  2. Hispanic or Latino Female
    114 degrees awarded
  3. Hispanic or Latino Male
    35 degrees awarded

The most common race/ethnicity and sex grouping at Lincoln Technical Institute-Paramus is black or african american female (140 degrees awarded). There were 1.23 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (114 degrees).

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Operations

Salary Expenditure

$4.05M
2023 Salaries
2.9%
decline from 2022

In 2023, Lincoln Technical Institute-Paramus paid a median of $4.05M in salaries, a 2.9% decline from the previous year. This is compared to a 15.1% growth between 2021 and 2022, and a 21.4% growth between 2020 and 2021.

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

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