Scholarships, Grants, and Loan Trends at Lamar Institute of Technology

No Change

Received Percent Changed

$2,026

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,439, which is 39.67 % of all undergraduate students. 612 students which is 17.00% of undergraduate students received federal student loans and the average loan amount is $5,852.

For full-time, first-time beginning students (freshmen), 62.22% of students received grants or scholarships and 19% 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 Lamar Institute of Technology since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,439, which is 39.67 % of all undergraduate students. 612 students which is 17.00% of undergraduate students received federal student loans and the average loan amount is $5,852.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,075 (38%)$4,245881 (31%)$3,455731 (26%)$5,098
2015-161,006 (35%)$4,796760 (27%)$4,041472 (17%)$5,554
2016-171,022 (36%)$5,042766 (27%)$4,457431 (15%)$6,227
2017-181,275 (43%)$5,1431,002 (33%)$4,664543 (18%)$6,086
2018-191,355 (42%)$4,9111,016 (31%)$4,890499 (15%)$6,656
2019-201,834 (46%)$4,6991,250 (31%)$5,003490 (12%)$6,428
2020-211,825 (41%)$4,9431,352 (31%)$5,116501 (11%)$6,606
2021-221,721 (38%)$5,3421,314 (29%)$5,041636 (14%)$6,316
2022-231,840 (38%)$6,2711,296 (27%)$4,0251,209 (25%)$3,694
Average1,439 (39.67%)$5,0441,071 (29.67%)$4,521612 (17.00%)$5,852
*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, 285 (62.22 % of students) received grants or scholarships and its average amount is $5,797. It can cover 44.85% of tuition & fees ($12,924) based on out-of-state rate.

In addition, 89 (19.44 % of students) students get helped from the students loans (average amount : $5,590).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15283 (58%)$5,045170 (35%)$4,075
2015-16197 (57%)$5,93366 (19%)$4,383
2016-17240 (55%)$5,85683 (19%)$5,551
2017-18351 (68%)$5,85495 (18%)$5,686
2018-19308 (61%)$6,18882 (16%)$5,922
2019-20356 (62%)$7,01493 (16%)$6,120
2020-21291 (61%)$5,89648 (10%)$6,313
2021-22251 (69%)$4,79474 (20%)$5,991
2022-23289 (69%)$5,59191 (22%)$6,268
Average285 (62.22%)$5,79789 (19.44%)$5,590
*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, 221 (47.89 % of students) received Pell (federal) grants and its average amount is $4,855.

In addition, 136 students received State/local government grants/scholarships (28.89 % 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
2014-15241 (49%)$3,65111 (2%)$1,687158 (32%)$2,95733 (7%)$1,884
2015-16152 (44%)$3,9596 (2%)$1,279124 (36%)$3,48139 (11%)$3,274
2016-17175 (40%)$4,57114 (3%)$1,786155 (36%)$3,10449 (11%)$2,025
2017-18274 (53%)$4,86322 (4%)$1,875213 (41%)$2,44279 (15%)$2,034
2018-19249 (49%)$5,26423 (5%)$1,804156 (31%)$2,69366 (13%)$2,026
2019-20305 (54%)$5,42735 (6%)$1,864190 (33%)$3,18269 (12%)$2,490
2020-21195 (41%)$5,48531 (7%)$1,927162 (34%)$2,74168 (14%)$2,094
2021-22178 (49%)$5,04223 (6%)$1,95737 (10%)$2,82075 (21%)$2,088
2022-23217 (52%)$5,43016 (4%)$2,00728 (7%)$2,821137 (33%)$2,384
Average221 (47.89%)$4,85520 (4.33%)$1,798136 (28.89%)$2,91668 (15.22%)$2,255
*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, 89 (19.44 % of students) get any students loan help and its average loan amount is $89.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15170 (35%)$4,075170 (35%)$4,075--
2015-1666 (19%)$4,38366 (19%)$4,383--
2016-1783 (19%)$5,55183 (19%)$5,551--
2017-1895 (18%)$5,68695 (18%)$5,686--
2018-1982 (16%)$5,92282 (16%)$5,922--
2019-2093 (16%)$6,12093 (16%)$6,120--
2020-2148 (10%)$6,31348 (10%)$6,313--
2021-2274 (20%)$5,99174 (20%)$5,991--
2022-2391 (22%)$6,26891 (22%)$6,268--
Average89 (19.44%)$5,59089 (19.44%)$5,590--

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