Alternative Funding Options for Lincoln Tech Students
In addition to scholarships, there are several alternative funding options available to Lincoln Tech students who need financial assistance to cover the cost of their education. These options include grants, loans, and work-study programs.
Grants are free money that does not have to be repaid. They are typically awarded based on financial need and academic merit. There are many different types of grants available, including federal grants, state grants, and private grants.
Loans are borrowed money that must be repaid with interest. There are two main types of loans available to students: federal loans and private loans. Federal loans are typically more affordable than private loans, and they offer a variety of repayment options.
