LINCOLN EDUCATIONAL SERVICES CORP — Director's Dealing 2011

May 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK: 0001286613
Period of Report: 2011-05-19

Reporting Person: MICHAS ALEXIS P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-19	Common Stock	A	166	$14.94	Acquired	166	Indirect
2011-05-19	Common Stock	A	80	$14.88	Acquired	80	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	136087	Direct
Common Stock	16393	Indirect