Scholarships, Grants, and Loan Trends at Lynn

21%

Received Percent Changed

$4,337

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,982, which is 84.89 % of all undergraduate students. 788 students which is 34.11% of undergraduate students received federal student loans and the average loan amount is $5,981.

For full-time, first-time beginning students (freshmen), 94.89% of students received grants or scholarships and 39% 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 Lynn University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,982, which is 84.89 % of all undergraduate students. 788 students which is 34.11% of undergraduate students received federal student loans and the average loan amount is $5,981.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,421 (72%)$14,500384 (19%)$4,399980 (50%)$3,855
2015-161,526 (76%)$14,549416 (21%)$4,491589 (29%)$6,441
2016-171,659 (79%)$14,654447 (21%)$4,646618 (29%)$6,304
2017-181,819 (83%)$15,276534 (24%)$4,451648 (30%)$6,317
2018-191,906 (85%)$15,858550 (25%)$4,992745 (33%)$6,282
2019-202,180 (90%)$16,734588 (24%)$4,973802 (33%)$5,892
2020-212,277 (93%)$17,222628 (26%)$4,987808 (33%)$6,193
2021-222,452 (93%)$18,307664 (25%)$5,046909 (34%)$6,250
2022-232,595 (93%)$18,837634 (23%)$5,521992 (36%)$6,293
Average1,982 (84.89%)$16,215538 (23.11%)$4,834788 (34.11%)$5,981
*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, 601 (94.89 % of students) received grants or scholarships and its average amount is $16,820. It can cover 37.81% of tuition & fees ($44,480).

In addition, 249 (39.00 % of students) students get helped from the students loans (average amount : $9,018).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15455 (85%)$13,281189 (35%)$7,613
2015-16459 (89%)$14,763210 (41%)$8,749
2016-17515 (92%)$14,306200 (36%)$8,308
2017-18437 (94%)$15,054139 (30%)$8,830
2018-19625 (99%)$16,624254 (40%)$7,552
2019-20717 (99%)$18,127305 (42%)$8,967
2020-21661 (99%)$18,879273 (41%)$9,828
2021-22771 (99%)$19,353330 (42%)$9,344
2022-23772 (98%)$20,992344 (44%)$11,967
Average601 (94.89%)$16,820249 (39.00%)$9,018
*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, 156 (24.67 % of students) received Pell (federal) grants and its average amount is $5,031.

In addition, 191 students received State/local government grants/scholarships (30.11 % 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
2014-15110 (21%)$4,67737 (7%)$1,812150 (28%)$3,126439 (82%)$11,372
2015-16139 (27%)$4,69852 (10%)$1,504155 (30%)$3,208443 (86%)$12,524
2016-17132 (24%)$4,70957 (10%)$1,665167 (30%)$3,139498 (89%)$12,303
2017-18106 (23%)$4,90540 (9%)$1,950118 (25%)$3,887431 (92%)$12,812
2018-19159 (25%)$5,01271 (11%)$1,924209 (33%)$4,330613 (97%)$13,951
2019-20184 (25%)$5,44599 (14%)$1,646246 (34%)$3,842711 (98%)$15,312
2020-21176 (26%)$5,06373 (11%)$1,932201 (30%)$3,926649 (97%)$16,422
2021-22208 (27%)$5,222108 (14%)$1,917247 (32%)$3,633757 (97%)$16,817
2022-23190 (24%)$5,54479 (10%)$1,949226 (29%)$2,839760 (96%)$18,890
Average156 (24.67%)$5,03168 (10.67%)$1,811191 (30.11%)$3,548589 (92.67%)$14,489
*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, 249 (39.00 % of students) get any students loan help and its average loan amount is $249.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15189 (35%)$7,613188 (35%)$5,57262 (12%)$6,312
2015-16210 (41%)$8,749205 (40%)$5,38172 (14%)$10,197
2016-17200 (36%)$8,308191 (34%)$5,23179 (14%)$8,385
2017-18139 (30%)$8,830132 (28%)$5,25661 (13%)$8,747
2018-19254 (40%)$7,552247 (39%)$5,216115 (18%)$5,478
2019-20305 (42%)$8,967294 (41%)$5,288149 (21%)$7,921
2020-21273 (41%)$9,828256 (38%)$5,453112 (17%)$11,490
2021-22330 (42%)$9,344319 (41%)$5,189166 (21%)$8,604
2022-23344 (44%)$11,967332 (42%)$5,362148 (19%)$15,787
Average249 (39.00%)$9,018240 (37.56%)$5,328107 (16.56%)$9,213

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