How Lake Technical's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lake Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 771, which is 70.44 % of all undergraduate students.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	962 (86%)	$1,330	349 (31%)	$3,093	-	-
2014-15	757 (69%)	$2,268	371 (34%)	$3,411	-	-
2015-16	518 (48%)	$2,685	285 (27%)	$3,329	-	-
2016-17	824 (74%)	$1,964	306 (27%)	$3,418	-	-
2017-18	769 (71%)	$2,062	357 (33%)	$3,414	-	-
2018-19	734 (62%)	$2,458	353 (30%)	$3,469	-	-
2019-20	623 (56%)	$3,173	306 (28%)	$3,648	-	-
2020-21	832 (76%)	$3,037	303 (28%)	$4,117	-	-
2021-22	920 (92%)	$3,141	313 (31%)	$4,169	-	-
Average	771 (70.44%)	$2,458	327 (29.89%)	$3,563	-	-

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

Overview

For the last 10 years, on average, 307 (64.33 % of students) received grants or scholarships and its average amount is $3,125. It can cover 53.68% of tuition & fees ($5,821) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	440 (75%)	$2,679	-	-
2014-15	333 (67%)	$3,590	-	-
2015-16	382 (65%)	$2,351	-	-
2016-17	184 (44%)	$2,995	-	-
2017-18	256 (56%)	$2,896	-	-
2018-19	301 (53%)	$3,254	-	-
2019-20	256 (61%)	$3,359	-	-
2020-21	336 (67%)	$3,299	-	-
2021-22	273 (91%)	$3,702	-	-
Average	307 (64.33%)	$3,125	-	-

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 184 (38.44 % of students) received Pell (federal) grants and its average amount is $3,843.

In addition, 123 students received State/local government grants/scholarships (25.44 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	237 (40%)	$4,130	-	-	117 (20%)	$423	135 (23%)	$1,114
2014-15	260 (52%)	$3,579	-	-	201 (40%)	$778	136 (27%)	$798
2015-16	200 (34%)	$3,384	-	-	169 (29%)	$686	103 (17%)	$1,024
2016-17	109 (26%)	$3,782	-	-	61 (15%)	$1,728	40 (10%)	$835
2017-18	174 (38%)	$3,657	-	-	57 (13%)	$1,451	25 (5%)	$898
2018-19	191 (34%)	$3,657	-	-	176 (31%)	$1,458	29 (5%)	$835
2019-20	159 (38%)	$3,806	171 (41%)	$620	92 (22%)	$1,474	22 (5%)	$598
2020-21	188 (38%)	$4,281	203 (41%)	$502	140 (28%)	$1,244	34 (7%)	$809
2021-22	138 (46%)	$4,315	257 (85%)	$1,060	94 (31%)	$1,237	33 (11%)	$801
Average	184 (38.44%)	$3,843	210 (55.67%)	$727	123 (25.44%)	$1,164	62 (12.22%)	$857

^*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..

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Scholarships, Grants, and Loan Trends at Lake Technical

All Undergraduate Students Financial Aid Over Time

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