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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Laurel Technical Institute since 2011.
For that period, the average number of students who received grants aid/scholarships is 150, which is 84.18 % of all undergraduate students. 133 students which is 73.27% of undergraduate students received federal student loans and the average loan amount is $7,321.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12239 (87%)$5,571227 (83%)$4,213239 (87%)$7,327
2012-13253 (88%)$6,377243 (85%)$4,570245 (86%)$5,874
2013-14136 (86%)$6,521129 (81%)$4,600136 (86%)$6,593
2014-15132 (84%)$7,289123 (78%)$4,69086 (55%)$10,686
2015-16124 (84%)$7,140109 (74%)$4,521117 (79%)$6,610
2016-17128 (78%)$6,364115 (70%)$4,716107 (65%)$6,647
2017-18145 (82%)$7,926125 (71%)$5,905116 (66%)$5,724
2018-19138 (82%)$8,552120 (71%)$5,425131 (78%)$7,441
2019-20125 (79%)$9,307107 (67%)$5,047117 (74%)$6,768
2020-2198 (80%)$10,69559 (48%)$6,60969 (57%)$8,043
2021-22136 (96%)$9,26291 (64%)$6,085104 (73%)$8,818
Average150 (84.18%)$7,728132 (72.00%)$5,126133 (73.27%)$7,321

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 51 (86.64 % of students) received grants or scholarships and its average amount is $7,731. It can cover 67.40% of tuition & fees ($11,470).
In addition, 49 (80.91 % of students) students get helped from the students loans (average amount : $7,507).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12112 (90%)$5,735114 (91%)$7,226
2012-1370 (86%)$6,15571 (88%)$5,998
2013-1431 (84%)$6,17832 (86%)$7,470
2014-1547 (87%)$7,54147 (87%)$7,611
2015-1636 (84%)$7,40935 (81%)$6,313
2016-1750 (86%)$6,73746 (79%)$7,218
2017-1841 (84%)$6,43737 (76%)$6,519
2018-1946 (90%)$8,56244 (86%)$7,196
2019-2049 (79%)$10,38043 (69%)$6,992
2020-2129 (88%)$12,03122 (67%)$8,773
2021-2253 (95%)$7,87845 (80%)$11,259
Average51 (86.64%)$7,73149 (80.91%)$7,507
*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 12 years, on average, 47 (77.91 % of students) received Pell (federal) grants and its average amount is $5,341.
In addition, 26 students received State/local government grants/scholarships (44.91 % 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
2011-12109 (87%)$4,41320 (16%)$46749 (39%)$3,102--
2012-1366 (81%)$4,4017 (9%)$61341 (51%)$3,320--
2013-1430 (81%)$4,6539 (24%)$48913 (35%)$3,656--
2014-1542 (78%)$4,3829 (17%)$31334 (63%)$4,928--
2015-1634 (79%)$4,5607 (16%)$54826 (60%)$4,147--
2016-1746 (79%)$4,67910 (17%)$52035 (60%)$3,327--
2017-1835 (71%)$5,4835 (10%)$74016 (33%)$3,9102 (4%)$2,875
2018-1942 (82%)$6,3498 (16%)$45020 (39%)$5,3936 (12%)$2,617
2019-2043 (69%)$5,71228 (45%)$75428 (45%)$8,4652 (3%)$2,425
2020-2124 (73%)$7,20425 (76%)$1,72416 (48%)$7,7332 (6%)$4,579
2021-2243 (77%)$6,91947 (84%)$1,23312 (21%)$4,3164 (7%)$2,564
Average47 (77.91%)$5,34116 (30.00%)$71426 (44.91%)$4,7543 (6.40%)$3,012
*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 12 years, on average, 49 (80.91 % of students) get any students loan help and its average loan amount is $49.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12114 (91%)$7,226114 (91%)$7,226--
2012-1371 (88%)$5,99871 (88%)$5,9041 (1%)$6,700
2013-1432 (86%)$7,47032 (86%)$7,2041 (3%)$8,500
2014-1547 (87%)$7,61147 (87%)$6,8645 (9%)$7,020
2015-1635 (81%)$6,31334 (79%)$6,4511 (2%)$1,625
2016-1746 (79%)$7,21846 (79%)$7,1091 (2%)$5,000
2017-1837 (76%)$6,51937 (76%)$6,2841 (2%)$8,700
2018-1944 (86%)$7,19644 (86%)$6,6553 (6%)$7,927
2019-2043 (69%)$6,99243 (69%)$6,5723 (5%)$6,022
2020-2122 (67%)$8,77322 (67%)$7,6832 (6%)$12,000
2021-2245 (80%)$11,25945 (80%)$10,2915 (9%)$8,706
Average49 (80.91%)$7,50749 (80.73%)$7,1132 (4.50%)$7,220

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