Scholarships, Grants, and Loan Trends at Lincoln

Over the past 11 years (2011-2021), the average number of students who received grants aid/scholarships is 928, which is 82.10 % of all undergraduate students. 811 students which is 71.80% of undergraduate students received federal student loans and the average loan amount is $6,906.
For full-time, first-time beginning students (freshmen), 95.50% of students received grants or scholarships and 84% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lincoln College since 2011.
For that period, the average number of students who received grants aid/scholarships is 928, which is 82.10 % of all undergraduate students. 811 students which is 71.80% of undergraduate students received federal student loans and the average loan amount is $6,906.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12991 (79%)$13,641739 (59%)$4,085884 (71%)$6,198
2012-13984 (80%)$9,830739 (60%)$4,131875 (71%)$6,582
2013-14996 (80%)$11,085735 (59%)$4,145873 (70%)$6,759
2014-151,025 (81%)$11,032738 (58%)$4,246853 (67%)$6,504
2015-16928 (84%)$16,933689 (62%)$4,124805 (73%)$6,379
2016-17850 (80%)$13,011626 (59%)$4,400749 (70%)$6,584
2017-18915 (83%)$12,405646 (58%)$5,086778 (70%)$7,260
2018-19846 (87%)$13,083623 (64%)$4,988730 (75%)$8,217
2019-20946 (85%)$13,959658 (59%)$4,942794 (72%)$8,190
2020-21796 (82%)$14,129546 (56%)$4,702767 (79%)$6,389
Average928 (82.10%)$12,911674 (59.40%)$4,485811 (71.80%)$6,906

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

For the last 11 years, on average, 310 (95.50 % of students) received grants or scholarships and its average amount is $13,831. It can cover 69.85% of tuition & fees ($19,800).
In addition, 271 (83.70 % of students) students get helped from the students loans (average amount : $6,607).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12321 (84%)$16,792275 (72%)$6,534
2012-13319 (89%)$12,391319 (89%)$7,182
2013-14369 (98%)$12,606329 (88%)$6,404
2014-15365 (99%)$12,931309 (84%)$6,501
2015-16371 (99%)$12,835310 (83%)$5,826
2016-17288 (100%)$13,924255 (88%)$6,098
2017-18257 (87%)$15,062244 (83%)$6,750
2018-19272 (99%)$13,137214 (78%)$7,291
2019-20320 (100%)$15,276237 (74%)$7,952
2020-21220 (100%)$13,358216 (98%)$5,529
Average310 (95.50%)$13,831271 (83.70%)$6,607
*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 11 years, on average, 238 (73.50 % of students) received Pell (federal) grants and its average amount is $4,633.
In addition, 189 students received State/local government grants/scholarships (58.70 % 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
2011-12234 (62%)$4,422133 (35%)$471170 (45%)$4,321321 (84%)$11,085
2012-13280 (78%)$4,344144 (40%)$462205 (57%)$4,363319 (89%)$5,566
2013-14270 (72%)$4,462137 (37%)$453209 (56%)$4,269358 (95%)$6,963
2014-15275 (75%)$4,538155 (42%)$445232 (63%)$4,189364 (99%)$6,679
2015-16265 (71%)$4,342154 (41%)$435190 (51%)$3,928371 (99%)$7,541
2016-17227 (79%)$4,638131 (45%)$454182 (63%)$4,137288 (100%)$7,448
2017-18209 (71%)$5,386134 (46%)$489171 (58%)$4,470257 (87%)$7,453
2018-19219 (80%)$4,562128 (47%)$443175 (64%)$4,170272 (99%)$6,573
2019-20245 (77%)$5,056216 (68%)$1,267219 (68%)$4,944320 (100%)$7,166
2020-21154 (70%)$4,575127 (58%)$1,484137 (62%)$4,091219 (100%)$6,782
Average238 (73.50%)$4,633146 (45.90%)$640189 (58.70%)$4,288309 (95.20%)$7,326
*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 11 years, on average, 271 (83.70 % of students) get any students loan help and its average loan amount is $271.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12275 (72%)$6,534275 (72%)$6,1979 (2%)$10,307
2012-13319 (89%)$7,182319 (89%)$7,0118 (2%)$6,810
2013-14329 (88%)$6,404327 (87%)$6,2577 (2%)$8,665
2014-15309 (84%)$6,501309 (84%)$6,1839 (2%)$10,906
2015-16310 (83%)$5,826310 (83%)$5,6496 (2%)$9,141
2016-17255 (88%)$6,098254 (88%)$6,0312 (1%)$11,500
2017-18244 (83%)$6,750239 (81%)$6,7135 (2%)$8,500
2018-19214 (78%)$7,291208 (76%)$7,2976 (2%)$7,086
2019-20237 (74%)$7,952229 (72%)$7,8458 (3%)$11,033
2020-21216 (98%)$5,529204 (93%)$5,33712 (5%)$8,798
Average271 (83.70%)$6,607267 (82.50%)$6,4527 (2.30%)$9,275
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