How LTC'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 Lakeshore Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 946, which is 35.89 % of all undergraduate students. 667 students which is 25.00% of undergraduate students received federal student loans and the average loan amount is $3,726.

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	975 (33%)	$3,951	934 (32%)	$3,293	895 (31%)	$3,914
2014-15	963 (35%)	$4,104	946 (34%)	$3,305	833 (30%)	$3,926
2015-16	875 (34%)	$4,427	868 (34%)	$3,436	736 (29%)	$4,016
2016-17	920 (35%)	$4,030	826 (31%)	$4,367	742 (28%)	$3,816
2017-18	915 (33%)	$4,244	885 (32%)	$3,315	699 (26%)	$3,718
2018-19	876 (30%)	$4,601	848 (29%)	$3,478	639 (22%)	$3,571
2019-20	980 (38%)	$4,436	703 (27%)	$3,575	554 (21%)	$3,619
2020-21	1,045 (43%)	$3,714	637 (26%)	$3,403	470 (19%)	$3,546
2021-22	969 (42%)	$4,492	637 (27%)	$3,400	434 (19%)	$3,405
Average	946 (35.89%)	$4,222	809 (30.22%)	$3,508	667 (25.00%)	$3,726

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

Overview

For the last 10 years, on average, 91 (60.33 % of students) received grants or scholarships and its average amount is $4,432. It can cover 68.90% of tuition & fees ($6,433) based on out-of-state rate.

In addition, 52 (36.78 % of students) students get helped from the students loans (average amount : $3,516).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	143 (69%)	$3,332	82 (40%)	$3,648
2014-15	63 (55%)	$4,363	47 (41%)	$3,701
2015-16	57 (57%)	$5,014	48 (48%)	$3,624
2016-17	73 (63%)	$4,410	53 (46%)	$3,695
2017-18	71 (55%)	$4,702	58 (45%)	$3,230
2018-19	71 (66%)	$4,592	42 (39%)	$3,210
2019-20	109 (57%)	$5,295	44 (23%)	$3,557
2020-21	132 (63%)	$3,687	55 (26%)	$3,436
2021-22	100 (58%)	$4,496	39 (23%)	$3,540
Average	91 (60.33%)	$4,432	52 (36.78%)	$3,516

^*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, 67 (46.67 % of students) received Pell (federal) grants and its average amount is $4,127.

In addition, 55 students received State/local government grants/scholarships (37.33 % 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	99 (48%)	$3,571	-	-	60 (29%)	$1,003	40 (19%)	$1,568
2014-15	56 (49%)	$4,069	-	-	34 (30%)	$1,093	10 (9%)	$988
2015-16	53 (53%)	$4,424	-	-	33 (33%)	$1,274	6 (6%)	$1,550
2016-17	64 (56%)	$4,126	-	-	47 (41%)	$870	15 (13%)	$1,131
2017-18	64 (50%)	$4,065	3 (2%)	$2,240	44 (34%)	$949	14 (11%)	$1,800
2018-19	56 (52%)	$4,248	1 (1%)	$800	50 (47%)	$915	23 (21%)	$1,809
2019-20	78 (41%)	$4,779	30 (16%)	$1,607	89 (47%)	$1,348	38 (20%)	$954
2020-21	71 (34%)	$4,089	77 (37%)	$655	73 (35%)	$1,296	82 (39%)	$626
2021-22	64 (37%)	$3,775	86 (50%)	$1,133	69 (40%)	$1,264	29 (17%)	$806
Average	67 (46.67%)	$4,127	39 (21.20%)	$1,287	55 (37.33%)	$1,112	29 (17.22%)	$1,248

^*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..

Student Loans

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, 52 (36.78 % of students) get any students loan help and its average loan amount is $52.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	82 (40%)	$3,648	82 (40%)	$3,648	-	-
2014-15	47 (41%)	$3,701	47 (41%)	$3,701	-	-
2015-16	48 (48%)	$3,624	48 (48%)	$3,624	-	-
2016-17	53 (46%)	$3,695	53 (46%)	$3,695	-	-
2017-18	58 (45%)	$3,230	58 (45%)	$3,230	-	-
2018-19	42 (39%)	$3,210	42 (39%)	$3,210	-	-
2019-20	44 (23%)	$3,557	43 (23%)	$3,592	1 (1%)	$2,024
2020-21	55 (26%)	$3,436	53 (25%)	$3,183	2 (1%)	$10,140
2021-22	39 (23%)	$3,540	39 (23%)	$3,540	-	-
Average	52 (36.78%)	$3,516	52 (36.67%)	$3,491	2 (1.00%)	$6,082

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Scholarships, Grants, and Loan Trends at LTC

All Undergraduate Students Financial Aid Over Time

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