Scholarships, Grants, and Loan Trends at Lane

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,223, which is 94.00 % of all undergraduate students. 1,111 students which is 84.56% of undergraduate students received federal student loans and the average loan amount is $7,629.
For full-time, first-time beginning students (freshmen), 93.78% of students received grants or scholarships and 81% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lane College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,223, which is 94.00 % of all undergraduate students. 1,111 students which is 84.56% of undergraduate students received federal student loans and the average loan amount is $7,629.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,540 (99%)$12,7091,436 (92%)$5,2741,448 (93%)$8,286
2014-151,239 (98%)$11,1671,167 (92%)$5,3611,187 (94%)$3,829
2015-161,306 (95%)$8,0251,254 (91%)$5,0391,264 (92%)$9,101
2016-171,339 (94%)$7,9731,273 (89%)$4,9531,228 (86%)$8,945
2017-181,332 (94%)$8,4161,259 (89%)$5,1641,311 (92%)$8,315
2018-191,111 (90%)$18,2681,058 (86%)$5,7391,079 (88%)$9,093
2019-201,184 (93%)$9,2741,104 (87%)$5,2281,053 (83%)$8,343
2020-21984 (90%)$8,736913 (83%)$5,030807 (74%)$6,623
2021-22972 (93%)$13,599867 (83%)$5,473619 (59%)$6,122
Average1,223 (94.00%)$10,9071,148 (88.00%)$5,2511,111 (84.56%)$7,629

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

For the last 10 years, on average, 345 (93.78 % of students) received grants or scholarships and its average amount is $8,783. It can cover 74.49% of tuition & fees ($11,790).
In addition, 303 (81.33 % of students) students get helped from the students loans (average amount : $6,276).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14382 (94%)$7,784382 (94%)$8,534
2014-15293 (94%)$8,287293 (94%)$9,485
2015-16418 (94%)$8,243397 (89%)$2,272
2016-17377 (95%)$8,209321 (81%)$2,706
2017-18398 (95%)$8,331384 (92%)$7,223
2018-19321 (94%)$9,201302 (88%)$7,487
2019-20378 (94%)$9,738292 (72%)$7,439
2020-21270 (92%)$9,098197 (67%)$6,006
2021-22272 (92%)$10,154162 (55%)$5,336
Average345 (93.78%)$8,783303 (81.33%)$6,276
*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, 328 (89.00 % of students) received Pell (federal) grants and its average amount is $5,121.
In addition, 129 students received State/local government grants/scholarships (35.00 % 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
2013-14358 (88%)$5,632378 (93%)$96480 (20%)$4,587142 (35%)$1,589
2014-15293 (94%)$4,802245 (79%)$1,83750 (16%)$5,73886 (28%)$3,304
2015-16405 (91%)$4,994201 (45%)$606181 (41%)$4,494102 (23%)$4,780
2016-17352 (89%)$4,863294 (74%)$532147 (37%)$4,172115 (29%)$5,335
2017-18380 (91%)$5,014240 (58%)$628132 (32%)$4,501114 (27%)$5,838
2018-19309 (90%)$5,203271 (79%)$619132 (39%)$4,31689 (26%)$6,836
2019-20360 (89%)$5,057321 (79%)$606218 (54%)$4,361110 (27%)$6,501
2020-21250 (85%)$5,017232 (79%)$585102 (35%)$4,52279 (27%)$7,659
2021-22248 (84%)$5,506147 (50%)$638120 (41%)$4,912116 (39%)$6,149
Average328 (89.00%)$5,121259 (70.67%)$779129 (35.00%)$4,623106 (29.00%)$5,332
*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, 303 (81.33 % of students) get any students loan help and its average loan amount is $303.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14382 (94%)$8,534381 (94%)$8,5431 (0%)$5,000
2014-15293 (94%)$9,485292 (94%)$9,5001 (0%)$5,000
2015-16397 (89%)$2,272397 (89%)$2,272--
2016-17321 (81%)$2,706321 (81%)$2,706--
2017-18384 (92%)$7,223383 (92%)$7,1991 (0%)$16,350
2018-19302 (88%)$7,487302 (88%)$7,4311 (0%)$17,000
2019-20292 (72%)$7,439292 (72%)$7,4041 (0%)$10,000
2020-21197 (67%)$6,006197 (67%)$6,006--
2021-22162 (55%)$5,336162 (55%)$5,336--
Average303 (81.33%)$6,276303 (81.33%)$6,2661 (0.00%)$10,670
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