Scholarships, Grants, and Loan Trends at Lincoln Technical Institute-Moorestown

11%

Received Percent Changed

$262

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 822, which is 83.33 % of all undergraduate students. 788 students which is 81.33% of undergraduate students received federal student loans and the average loan amount is $6,544.

For full-time, first-time beginning students (freshmen), 88.78% of students received grants or scholarships and 87% 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 Lincoln Technical Institute-Moorestown since 2014.

For that period, the average number of students who received grants aid/scholarships is 822, which is 83.33 % of all undergraduate students. 788 students which is 81.33% of undergraduate students received federal student loans and the average loan amount is $6,544.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15661 (79%)$3,583657 (79%)$3,437699 (84%)$6,789
2015-16599 (79%)$3,620590 (77%)$3,504647 (85%)$6,513
2016-17627 (76%)$3,610627 (76%)$3,489711 (86%)$6,610
2017-18673 (78%)$3,774667 (78%)$3,692734 (85%)$6,813
2018-19721 (80%)$3,645695 (77%)$3,619776 (86%)$6,933
2019-20890 (89%)$4,542737 (74%)$3,721791 (79%)$6,737
2020-211,020 (88%)$4,068838 (72%)$3,648869 (75%)$6,200
2021-221,112 (91%)$3,844880 (72%)$3,628905 (74%)$6,047
2022-231,094 (90%)$3,845809 (66%)$3,634959 (78%)$6,252
Average822 (83.33%)$3,837722 (74.56%)$3,597788 (81.33%)$6,544
*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, 397 (88.78 % of students) received grants or scholarships and its average amount is $4,303. It can cover 12.81% of tuition & fees ($33,594).

In addition, 383 (86.78 % of students) students get helped from the students loans (average amount : $7,444).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15343 (85%)$4,205367 (91%)$8,033
2015-16303 (81%)$4,203347 (93%)$7,479
2016-17384 (81%)$3,803445 (94%)$7,322
2017-18336 (81%)$4,122382 (92%)$7,466
2018-19338 (84%)$4,329378 (94%)$8,156
2019-20533 (98%)$4,225433 (80%)$7,531
2020-21409 (96%)$4,405328 (77%)$7,394
2021-22454 (98%)$4,726342 (74%)$6,848
2022-23469 (95%)$4,712422 (86%)$6,767
Average397 (88.78%)$4,303383 (86.78%)$7,444
*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, 360 (81.00 % of students) received Pell (federal) grants and its average amount is $3,957.

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
2014-15343 (85%)$3,93057 (14%)$959--8 (2%)$4,991
2015-16301 (80%)$3,96950 (13%)$973--7 (2%)$4,283
2016-17384 (81%)$3,67855 (12%)$876----
2017-18335 (80%)$3,97851 (12%)$993--1 (0%)$1,664
2018-19338 (84%)$4,06379 (20%)$1,093--2 (0%)$1,827
2019-20486 (90%)$3,47649 (9%)$8,619--184 (34%)$763
2020-21331 (78%)$4,245263 (62%)$651--308 (73%)$732
2021-22362 (78%)$4,10753 (11%)$1,094--440 (95%)$1,365
2022-23359 (73%)$4,17164 (13%)$1,273--437 (89%)$1,444
Average360 (81.00%)$3,95780 (18.44%)$1,837--173 (49.17%)$2,134
*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, 383 (86.78 % of students) get any students loan help and its average loan amount is $383.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15367 (91%)$8,033367 (91%)$7,9823 (1%)$6,254
2015-16347 (93%)$7,479347 (93%)$7,4024 (1%)$6,635
2016-17445 (94%)$7,322445 (94%)$7,2523 (1%)$10,290
2017-18382 (92%)$7,466382 (92%)$7,466--
2018-19378 (94%)$8,156377 (93%)$8,1192 (0%)$11,090
2019-20433 (80%)$7,531433 (80%)$7,4113 (1%)$17,431
2020-21328 (77%)$7,394328 (77%)$7,394--
2021-22342 (74%)$6,848342 (74%)$6,848--
2022-23422 (86%)$6,767422 (86%)$6,767--
Average383 (86.78%)$7,444383 (86.67%)$7,4053 (1.00%)$10,340

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