Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 400, which is 87.22 % of all undergraduate students. 374 students which is 81.44% of undergraduate students received federal student loans and the average loan amount is $7,910.

For full-time, first-time beginning students (freshmen), 89.78% of students received grants or scholarships and 87% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Lincoln Technical Institute-Philadelphia since 2013.

For that period, the average number of students who received grants aid/scholarships is 400, which is 87.22 % of all undergraduate students. 374 students which is 81.44% of undergraduate students received federal student loans and the average loan amount is $7,910.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14420 (83%)$4,464413 (82%)$3,971424 (84%)$8,220
2014-15423 (83%)$4,442416 (81%)$4,006423 (83%)$7,691
2015-16405 (83%)$4,427396 (81%)$4,056400 (82%)$7,477
2016-17335 (83%)$4,367330 (82%)$3,938320 (79%)$7,691
2017-18349 (86%)$4,476326 (80%)$4,191321 (79%)$7,697
2018-19353 (86%)$4,395311 (76%)$4,466329 (80%)$8,208
2019-20432 (95%)$5,701348 (76%)$4,405356 (78%)$8,546
2020-21447 (92%)$5,106380 (78%)$4,191403 (83%)$7,720
2021-22432 (94%)$4,661356 (78%)$3,960388 (85%)$7,938
Average400 (87.22%)$4,671364 (79.33%)$4,132374 (81.44%)$7,910
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 213 (89.78 % of students) received grants or scholarships and its average amount is $5,048. It can cover 16.06% of tuition & fees ($31,430).

In addition, 205 (86.56 % of students) students get helped from the students loans (average amount : $8,385).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14242 (90%)$4,697241 (90%)$8,725
2014-15237 (87%)$5,049250 (92%)$8,281
2015-16231 (91%)$4,728230 (91%)$8,058
2016-17182 (88%)$4,862177 (86%)$8,482
2017-18220 (89%)$4,943213 (86%)$8,059
2018-19175 (78%)$5,092182 (81%)$8,462
2019-20275 (100%)$5,310227 (82%)$9,170
2020-21188 (96%)$5,660175 (90%)$8,099
2021-22167 (89%)$5,095153 (81%)$8,128
Average213 (89.78%)$5,048205 (86.56%)$8,385
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 196 (82.33 % of students) received Pell (federal) grants and its average amount is $4,464.

In addition, 4 students received State/local government grants/scholarships (1.75 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14237 (88%)$4,22737 (14%)$9327 (3%)$3,57216 (6%)$4,709
2014-15233 (85%)$4,48283 (30%)$8215 (2%)$3,22020 (7%)$3,395
2015-16225 (89%)$4,35754 (21%)$8243 (1%)$3,30835 (14%)$1,640
2016-17179 (87%)$4,43261 (30%)$9302 (1%)$4,00411 (5%)$2,425
2017-18201 (81%)$4,55755 (22%)$8508 (3%)$3,07023 (9%)$4,357
2018-19169 (75%)$4,62844 (20%)$9773 (1%)$2,51514 (6%)$4,165
2019-20215 (78%)$4,743243 (88%)$8756 (2%)$3,458193 (70%)$1,074
2020-21166 (85%)$4,622151 (77%)$653--128 (66%)$1,548
2021-22138 (73%)$4,12754 (29%)$8801 (1%)$4,917132 (70%)$1,734
Average196 (82.33%)$4,46487 (36.78%)$8604 (1.75%)$3,50864 (28.11%)$2,783
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 205 (86.56 % of students) get any students loan help and its average loan amount is $205.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14241 (90%)$8,725241 (90%)$8,725--
2014-15250 (92%)$8,281250 (92%)$8,281--
2015-16230 (91%)$8,058229 (90%)$8,0401 (0%)$12,000
2016-17177 (86%)$8,482177 (86%)$8,482--
2017-18213 (86%)$8,059213 (86%)$7,9991 (0%)$12,620
2018-19182 (81%)$8,462182 (81%)$8,462--
2019-20227 (82%)$9,170227 (82%)$9,0522 (1%)$13,343
2020-21175 (90%)$8,099175 (90%)$8,0391 (1%)$10,416
2021-22153 (81%)$8,128153 (81%)$8,128--
Average205 (86.56%)$8,385205 (86.44%)$8,3561 (1.00%)$12,095