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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 2013.
For that period, the average number of students who received grants aid/scholarships is 88, which is 81.67 % of all undergraduate students. 80 students which is 74.00% of undergraduate students received federal student loans and the average loan amount is $6,053.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14120 (86%)$6,485112 (81%)$4,649106 (76%)$4,978
2014-15110 (88%)$6,905100 (80%)$4,525104 (83%)$5,703
2015-1684 (80%)$6,51879 (75%)$4,36483 (79%)$6,257
2016-1797 (82%)$7,28283 (70%)$4,36180 (68%)$6,143
2017-1882 (84%)$7,96972 (73%)$5,43369 (70%)$5,322
2018-1976 (70%)$7,69970 (64%)$5,98876 (70%)$6,421
2019-2079 (73%)$6,80672 (67%)$5,61786 (80%)$6,988
2020-2167 (86%)$6,38448 (62%)$4,76754 (69%)$6,110
2021-2273 (86%)$6,73653 (62%)$5,34160 (71%)$6,551
Average88 (81.67%)$6,97677 (70.44%)$5,00580 (74.00%)$6,053

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

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 33 (82.33 % of students) received grants or scholarships and its average amount is $6,879. It can cover 59.97% of tuition & fees ($11,470).
In addition, 32 (79.00 % of students) students get helped from the students loans (average amount : $7,096).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1436 (84%)$6,11134 (79%)$5,437
2014-1530 (94%)$7,80427 (84%)$5,528
2015-1627 (84%)$5,90027 (84%)$7,721
2016-1729 (85%)$6,88922 (65%)$5,789
2017-1822 (73%)$7,31726 (87%)$7,691
2018-1945 (70%)$7,65050 (78%)$7,253
2019-2032 (76%)$7,95938 (90%)$9,660
2020-2131 (94%)$6,13525 (76%)$7,257
2021-2246 (81%)$6,14339 (68%)$7,524
Average33 (82.33%)$6,87932 (79.00%)$7,096
*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, 29 (73.11 % of students) received Pell (federal) grants and its average amount is $5,055.
In addition, 15 students received State/local government grants/scholarships (40.56 % 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
2013-1434 (79%)$4,6084 (9%)$36321 (49%)$2,947--
2014-1527 (84%)$3,8204 (13%)$58027 (84%)$4,765--
2015-1625 (78%)$3,9243 (9%)$66715 (47%)$3,947--
2016-1726 (76%)$4,3167 (21%)$67618 (53%)$4,601--
2017-1821 (70%)$5,3736 (20%)$79513 (43%)$3,0912 (7%)$1,594
2018-1943 (67%)$6,38119 (30%)$52716 (25%)$3,6792 (3%)$500
2019-2030 (71%)$6,64614 (33%)$86710 (24%)$3,9471 (2%)$3,712
2020-2123 (70%)$5,09823 (70%)$1,3047 (21%)$5,4601 (3%)$4,695
2021-2236 (63%)$5,33139 (68%)$1,23211 (19%)$3,2382 (4%)$3,481
Average29 (73.11%)$5,05513 (30.33%)$77915 (40.56%)$3,9642 (3.80%)$2,796
*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, 32 (79.00 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1434 (79%)$5,43734 (79%)$5,1161 (2%)$10,940
2014-1527 (84%)$5,52827 (84%)$5,528--
2015-1627 (84%)$7,72127 (84%)$6,8862 (6%)$11,274
2016-1722 (65%)$5,78922 (65%)$5,789--
2017-1826 (87%)$7,69126 (87%)$6,7103 (10%)$8,500
2018-1950 (78%)$7,25350 (78%)$6,9912 (3%)$6,540
2019-2038 (90%)$9,66038 (90%)$8,3906 (14%)$8,041
2020-2125 (76%)$7,25725 (76%)$6,6772 (6%)$7,249
2021-2239 (68%)$7,52439 (68%)$6,5735 (9%)$7,422
Average32 (79.00%)$7,09632 (79.00%)$6,5183 (7.14%)$8,567

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