Scholarships, Grants, and Loan Trends at Lincoln

-6%

Received Percent Changed

-$5,595

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 75, which is 57.33 % of all undergraduate students. 55 students which is 42.38% of undergraduate students received federal student loans and the average loan amount is $7,984.

For full-time, first-time beginning students (freshmen), 56.50% of students received grants or scholarships and 38% 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 University since 2014.

For that period, the average number of students who received grants aid/scholarships is 75, which is 57.33 % of all undergraduate students. 55 students which is 42.38% of undergraduate students received federal student loans and the average loan amount is $7,984.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1589 (74%)$10,55866 (55%)$2,46389 (74%)$8,731
2015-1680 (45%)$7,68134 (19%)$4,78180 (45%)$9,713
2016-1773 (51%)$7,43937 (26%)$3,98973 (51%)$9,461
2017-1848 (42%)$2,73526 (23%)$4,92732 (28%)$8,236
2018-1935 (38%)$1,70122 (24%)$2,28026 (28%)$5,384
2019-2071 (73%)$1,86521 (22%)$3,93726 (27%)$10,122
2020-2144 (51%)$4,21519 (22%)$4,78831 (36%)$8,489
2021-22125 (74%)$3,89181 (48%)$2,73185 (50%)$3,739
2022-23108 (68%)$4,963----
Average75 (57.33%)$5,00538 (29.88%)$3,73755 (42.38%)$7,984
*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, 15 (56.50 % of students) received grants or scholarships and its average amount is $5,335. It can cover 40.57% of tuition & fees ($13,150).

In addition, 6 (37.83 % of students) students get helped from the students loans (average amount : $6,095).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15----
2015-168 (24%)$5,2808 (24%)$5,280
2016-173 (19%)$5,7333 (19%)$5,067
2017-182 (50%)$2,6851 (25%)$5,500
2018-19----
2019-20----
2020-214 (100%)$8,3124 (100%)$6,313
2021-2226 (87%)$5,54416 (53%)$3,711
2022-2347 (59%)$4,4565 (6%)$10,700
Average15 (56.50%)$5,3356 (37.83%)$6,095
*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, 7 (45.60 % of students) received Pell (federal) grants and its average amount is $4,608.

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
2014-15--------
2015-168 (24%)$5,030----2 (6%)$1,000
2016-173 (19%)$5,067----2 (13%)$1,000
2017-181 (25%)$3,370----1 (25%)$2,000
2018-19--------
2019-20--------
2020-214 (100%)$6,4373 (75%)$2,500----
2021-2218 (60%)$3,13826 (87%)$2,044--6 (20%)$5,755
2022-23------47 (59%)$4,456
Average7 (45.60%)$4,60815 (81.00%)$2,272--12 (24.60%)$2,842
*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, 6 (37.83 % of students) get any students loan help and its average loan amount is $6.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15------
2015-168 (24%)$5,2808 (24%)$5,280--
2016-173 (19%)$5,0673 (19%)$5,067--
2017-181 (25%)$5,5001 (25%)$5,500--
2018-19------
2019-20------
2020-214 (100%)$6,3134 (100%)$6,313--
2021-2216 (53%)$3,71116 (53%)$3,711--
2022-235 (6%)$10,700--5 (6%)$10,700
Average6 (37.83%)$6,0956 (44.20%)$5,1745 (6.00%)$10,700

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