Proprietary institution grant funds for students
Ended Formula Grant Awarded Last action
- Award ID
- P425Q210435
- Recipient
-
Lincoln Technical Institute Inc. UEI D4LXUPQL7K17
- Awarding agency
-
Office of Postsecondary Education
Department of Education
- Obligated
- $11,672,258
Award facts
- Assistance listing
- 84.425 Education Stabilization Fund
- Completion date
- Originally
- Place of performance
- Indianapolis, IN 46268, USA
Award details come from USAspending.gov.
About this award
The Department of Education Office of Postsecondary Education awarded Lincoln Technical Institute Inc., doing business as Lincoln College of Technology, a $11.7 million Formula Grant under the Education Stabilization Fund program. The grant period runs from March 1, 2021 through August 4, 2022.
The Education Stabilization Fund program aims to prevent, prepare for, and respond to the coronavirus COVID-19 pandemic. Accordingly, the grant funds will support Lincoln College of Technology in Indianapolis, Indiana in delivering proprietary education and technical training services to students during the pandemic recovery period. The $11.7 million in funding will assist the institution in continuing to offer postsecondary educational opportunities to its students despite coronavirus-related challenges through August 2022.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $4,333,328 | |
| Original award | $7,338,930 |
Quick answers
Who received award P425Q210435?
P425Q210435 was awarded to Lincoln Technical Institute Inc. by Office of Postsecondary Education (Department of Education) on March 1, 2021.
How much is award P425Q210435 worth?
$11,672,258 has been obligated on P425Q210435.
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