How Lincoln College of Technology-Melrose Park'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 Lincoln College of Technology-Melrose Park since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,026, which is 84.22 % of all undergraduate students. 968 students which is 79.67% of undergraduate students received federal student loans and the average loan amount is $7,379.

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	1,064 (84%)	$4,387	1,055 (84%)	$4,233	1,025 (81%)	$7,863
2014-15	889 (83%)	$4,466	877 (82%)	$4,224	880 (82%)	$7,587
2015-16	801 (79%)	$4,389	785 (77%)	$4,195	815 (80%)	$7,350
2016-17	820 (80%)	$4,322	809 (79%)	$4,164	854 (83%)	$7,244
2017-18	940 (83%)	$4,166	908 (80%)	$4,161	894 (79%)	$6,988
2018-19	926 (82%)	$4,106	847 (75%)	$4,269	881 (78%)	$7,226
2019-20	1,069 (92%)	$5,156	820 (70%)	$4,033	903 (77%)	$7,038
2020-21	1,289 (87%)	$4,738	958 (64%)	$4,224	1,114 (75%)	$7,434
2021-22	1,435 (88%)	$4,133	1,131 (69%)	$4,120	1,344 (82%)	$7,683
Average	1,026 (84.22%)	$4,429	910 (75.56%)	$4,180	968 (79.67%)	$7,379

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

Overview

For the last 10 years, on average, 532 (84.44 % of students) received grants or scholarships and its average amount is $4,833. It can cover 15.16% of tuition & fees ($31,882).

In addition, 505 (81.00 % of students) students get helped from the students loans (average amount : $8,317).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	501 (88%)	$4,537	509 (89%)	$8,691
2014-15	428 (84%)	$4,845	441 (87%)	$8,227
2015-16	389 (80%)	$4,635	399 (82%)	$8,307
2016-17	481 (83%)	$4,469	489 (85%)	$7,698
2017-18	470 (78%)	$4,705	479 (80%)	$8,053
2018-19	440 (77%)	$5,061	436 (76%)	$8,485
2019-20	618 (98%)	$5,222	475 (75%)	$8,132
2020-21	745 (83%)	$5,372	652 (73%)	$8,699
2021-22	719 (89%)	$4,651	662 (82%)	$8,558
Average	532 (84.44%)	$4,833	505 (81.00%)	$8,317

^*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, 474 (76.44 % of students) received Pell (federal) grants and its average amount is $4,485.

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	495 (87%)	$4,384	15 (3%)	$1,377	-	-	22 (4%)	$3,743
2014-15	423 (83%)	$4,344	81 (16%)	$1,045	-	-	14 (3%)	$10,834
2015-16	381 (78%)	$4,414	60 (12%)	$1,022	-	-	14 (3%)	$4,280
2016-17	476 (82%)	$4,215	89 (15%)	$1,049	-	-	20 (3%)	$2,512
2017-18	469 (78%)	$4,461	54 (9%)	$1,092	-	-	11 (2%)	$5,482
2018-19	435 (76%)	$4,755	75 (13%)	$1,146	-	-	11 (2%)	$6,598
2019-20	430 (68%)	$4,661	527 (83%)	$866	-	-	520 (82%)	$1,474
2020-21	586 (65%)	$4,718	554 (62%)	$619	-	-	712 (79%)	$1,257
2021-22	573 (71%)	$4,413	72 (9%)	$1,039	-	-	549 (68%)	$1,349
Average	474 (76.44%)	$4,485	170 (24.67%)	$1,028	-	-	208 (27.33%)	$4,170

^*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, 505 (81.00 % of students) get any students loan help and its average loan amount is $505.

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	509 (89%)	$8,691	509 (89%)	$8,691	-	-
2014-15	441 (87%)	$8,227	441 (87%)	$8,227	-	-
2015-16	399 (82%)	$8,307	399 (82%)	$8,270	1 (0%)	$14,625
2016-17	489 (85%)	$7,698	489 (85%)	$7,698	-	-
2017-18	479 (80%)	$8,053	479 (80%)	$8,053	-	-
2018-19	436 (76%)	$8,485	436 (76%)	$8,485	-	-
2019-20	475 (75%)	$8,132	475 (75%)	$8,132	-	-
2020-21	652 (73%)	$8,699	652 (73%)	$8,699	-	-
2021-22	662 (82%)	$8,558	662 (82%)	$8,558	-	-
Average	505 (81.00%)	$8,317	505 (81.00%)	$8,313	1 (0.00%)	$14,625

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Scholarships, Grants, and Loan Trends at Lincoln College of Technology-Melrose Park

All Undergraduate Students Financial Aid Over Time

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