How Lamar Institute of Technology'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 Lamar Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,364, which is 39.78 % of all undergraduate students. 567 students which is 17.22% of undergraduate students received federal student loans and the average loan amount is $6,031.

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	1,160 (39%)	$4,235	955 (32%)	$3,843	796 (27%)	$5,304
2014-15	1,075 (38%)	$4,245	881 (31%)	$3,455	731 (26%)	$5,098
2015-16	1,006 (35%)	$4,796	760 (27%)	$4,041	472 (17%)	$5,554
2016-17	1,022 (36%)	$5,042	766 (27%)	$4,457	431 (15%)	$6,227
2017-18	1,275 (43%)	$5,143	1,002 (33%)	$4,664	543 (18%)	$6,086
2018-19	1,355 (42%)	$4,911	1,016 (31%)	$4,890	499 (15%)	$6,656
2019-20	1,834 (46%)	$4,699	1,250 (31%)	$5,003	490 (12%)	$6,428
2020-21	1,825 (41%)	$4,943	1,352 (31%)	$5,116	501 (11%)	$6,606
2021-22	1,721 (38%)	$5,342	1,314 (29%)	$5,041	636 (14%)	$6,316
Average	1,364 (39.78%)	$4,817	1,033 (30.22%)	$4,501	567 (17.22%)	$6,031

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

Overview

For the last 10 years, on average, 283 (61.44 % of students) received grants or scholarships and its average amount is $5,748. It can cover 44.48% of tuition & fees ($12,924) based on out-of-state rate.

In addition, 97 (21.11 % of students) students get helped from the students loans (average amount : $5,394).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	273 (62%)	$5,154	163 (37%)	$4,509
2014-15	283 (58%)	$5,045	170 (35%)	$4,075
2015-16	197 (57%)	$5,933	66 (19%)	$4,383
2016-17	240 (55%)	$5,856	83 (19%)	$5,551
2017-18	351 (68%)	$5,854	95 (18%)	$5,686
2018-19	308 (61%)	$6,188	82 (16%)	$5,922
2019-20	356 (62%)	$7,014	93 (16%)	$6,120
2020-21	291 (61%)	$5,896	48 (10%)	$6,313
2021-22	251 (69%)	$4,794	74 (20%)	$5,991
Average	283 (61.44%)	$5,748	97 (21.11%)	$5,394

^*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, 224 (48.22 % of students) received Pell (federal) grants and its average amount is $4,680.

In addition, 150 students received State/local government grants/scholarships (32.11 % 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	244 (55%)	$3,855	7 (2%)	$2,000	157 (36%)	$2,730	24 (5%)	$991
2014-15	241 (49%)	$3,651	11 (2%)	$1,687	158 (32%)	$2,957	33 (7%)	$1,884
2015-16	152 (44%)	$3,959	6 (2%)	$1,279	124 (36%)	$3,481	39 (11%)	$3,274
2016-17	175 (40%)	$4,571	14 (3%)	$1,786	155 (36%)	$3,104	49 (11%)	$2,025
2017-18	274 (53%)	$4,863	22 (4%)	$1,875	213 (41%)	$2,442	79 (15%)	$2,034
2018-19	249 (49%)	$5,264	23 (5%)	$1,804	156 (31%)	$2,693	66 (13%)	$2,026
2019-20	305 (54%)	$5,427	35 (6%)	$1,864	190 (33%)	$3,182	69 (12%)	$2,490
2020-21	195 (41%)	$5,485	31 (7%)	$1,927	162 (34%)	$2,741	68 (14%)	$2,094
2021-22	178 (49%)	$5,042	23 (6%)	$1,957	37 (10%)	$2,820	75 (21%)	$2,088
Average	224 (48.22%)	$4,680	19 (4.11%)	$1,798	150 (32.11%)	$2,906	56 (12.11%)	$2,101

^*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, 97 (21.11 % of students) get any students loan help and its average loan amount is $97.

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	163 (37%)	$4,509	163 (37%)	$4,509	-	-
2014-15	170 (35%)	$4,075	170 (35%)	$4,075	-	-
2015-16	66 (19%)	$4,383	66 (19%)	$4,383	-	-
2016-17	83 (19%)	$5,551	83 (19%)	$5,551	-	-
2017-18	95 (18%)	$5,686	95 (18%)	$5,686	-	-
2018-19	82 (16%)	$5,922	82 (16%)	$5,922	-	-
2019-20	93 (16%)	$6,120	93 (16%)	$6,120	-	-
2020-21	48 (10%)	$6,313	48 (10%)	$6,313	-	-
2021-22	74 (20%)	$5,991	74 (20%)	$5,991	-	-
Average	97 (21.11%)	$5,394	97 (21.11%)	$5,394	-	-

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Scholarships, Grants, and Loan Trends at Lamar Institute of Technology

All Undergraduate Students Financial Aid Over Time

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