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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 Lincoln Technical Institute-Lincoln since 2011.
For that period, the average number of students who received grants aid/scholarships is 766, which is 73.36 % of all undergraduate students. 842 students which is 80.91% of undergraduate students received federal student loans and the average loan amount is $6,466.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12727 (62%)$3,777700 (60%)$3,641764 (65%)$5,644
2012-13671 (71%)$3,688644 (68%)$3,567767 (81%)$6,107
2013-14783 (78%)$3,859742 (74%)$3,824840 (83%)$6,061
2014-15754 (77%)$3,666735 (75%)$3,535825 (84%)$6,006
2015-16677 (74%)$3,671673 (74%)$3,581793 (87%)$6,118
2016-17625 (68%)$4,046619 (67%)$3,865757 (82%)$6,711
2017-18638 (69%)$4,055622 (67%)$4,006745 (81%)$7,013
2018-19718 (71%)$3,951677 (67%)$4,023846 (84%)$6,729
2019-20928 (87%)$4,552730 (68%)$3,917880 (82%)$7,112
2020-211,022 (78%)$4,038821 (63%)$3,9681,051 (80%)$7,035
2021-22885 (72%)$3,721794 (65%)$3,649997 (81%)$6,590
Average766 (73.36%)$3,911705 (68.00%)$3,780842 (80.91%)$6,466

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 408 (82.82 % of students) received grants or scholarships and its average amount is $4,310. It can cover 14.16% of tuition & fees ($30,446).
In addition, 435 (88.55 % of students) students get helped from the students loans (average amount : $7,500).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12293 (73%)$4,662330 (83%)$7,285
2012-13402 (82%)$4,200449 (92%)$7,005
2013-14462 (86%)$4,531489 (91%)$7,278
2014-15418 (84%)$4,157460 (92%)$7,128
2015-16386 (80%)$4,188439 (91%)$7,463
2016-17359 (75%)$4,508419 (88%)$7,521
2017-18408 (80%)$4,400466 (91%)$7,545
2018-19388 (78%)$4,345447 (89%)$7,331
2019-20579 (97%)$4,152516 (86%)$7,775
2020-21438 (94%)$3,955407 (87%)$8,290
2021-22359 (82%)$4,312368 (84%)$7,876
Average408 (82.82%)$4,310435 (88.55%)$7,500
*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, 379 (77.27 % of students) received Pell (federal) grants and its average amount is $4,188.
In addition, 66 students received State/local government grants/scholarships (14.00 % 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
2011-12288 (72%)$4,36791 (23%)$47862 (16%)$4975 (1%)$6,788
2012-13392 (80%)$3,986120 (25%)$46167 (14%)$5965 (1%)$6,149
2013-14450 (84%)$4,43874 (14%)$39673 (14%)$5915 (1%)$4,767
2014-15413 (83%)$3,93487 (17%)$47461 (12%)$4217 (1%)$6,530
2015-16385 (80%)$4,025108 (22%)$408--4 (1%)$5,708
2016-17354 (74%)$4,218166 (35%)$477--4 (1%)$11,560
2017-18407 (80%)$4,200172 (34%)$499----
2018-19388 (78%)$4,128168 (34%)$501----
2019-20434 (73%)$4,236540 (90%)$746--132 (22%)$1,231
2020-21348 (74%)$4,390344 (74%)$506--33 (7%)$925
2021-22313 (72%)$4,146117 (27%)$506--187 (43%)$1,021
Average379 (77.27%)$4,188181 (35.91%)$49666 (14.00%)$52642 (8.67%)$4,964
*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, 435 (88.55 % of students) get any students loan help and its average loan amount is $435.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12330 (83%)$7,285330 (83%)$7,12513 (3%)$4,041
2012-13449 (92%)$7,005448 (92%)$6,84917 (3%)$4,534
2013-14489 (91%)$7,278489 (91%)$7,2541 (0%)$11,415
2014-15460 (92%)$7,128460 (92%)$7,128--
2015-16439 (91%)$7,463439 (91%)$7,463--
2016-17419 (88%)$7,521419 (88%)$7,521--
2017-18466 (91%)$7,545466 (91%)$7,545--
2018-19447 (89%)$7,331447 (89%)$7,331--
2019-20516 (86%)$7,775516 (86%)$7,775--
2020-21407 (87%)$8,290407 (87%)$8,290--
2021-22368 (84%)$7,876368 (84%)$7,876--
Average435 (88.55%)$7,500435 (88.55%)$7,46910 (3.00%)$6,663

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