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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,846, which is 78.33 % of all undergraduate students. 1,656 students which is 70.33% of undergraduate students received federal student loans and the average loan amount is $7,838.
For full-time, first-time beginning students (freshmen), 81.11% of students received grants or scholarships and 75% 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 Lincoln College of Technology-Nashville since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,846, which is 78.33 % of all undergraduate students. 1,656 students which is 70.33% of undergraduate students received federal student loans and the average loan amount is $7,838.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,121 (79%)$3,8201,971 (74%)$3,7612,004 (75%)$8,772
2014-151,899 (72%)$3,8671,794 (68%)$3,8161,827 (70%)$8,520
2015-161,725 (72%)$3,6761,599 (67%)$3,7021,594 (67%)$8,006
2016-171,676 (72%)$3,9241,567 (67%)$3,8001,635 (70%)$7,875
2017-181,851 (77%)$3,8041,691 (71%)$3,8421,698 (71%)$7,706
2018-191,716 (77%)$3,4921,442 (64%)$3,8761,603 (72%)$7,544
2019-201,942 (85%)$5,4871,434 (63%)$3,8611,519 (67%)$7,199
2020-211,984 (87%)$4,9651,429 (63%)$4,0731,655 (73%)$7,550
2021-221,697 (84%)$4,2531,175 (58%)$3,6871,372 (68%)$7,373
Average1,846 (78.33%)$4,1431,567 (66.11%)$3,8241,656 (70.33%)$7,838

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

For the last 10 years, on average, 723 (81.11 % of students) received grants or scholarships and its average amount is $4,265. It can cover 11.84% of tuition & fees ($36,020).
In addition, 658 (74.67 % of students) students get helped from the students loans (average amount : $7,445).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14471 (81%)$4,418471 (81%)$10,307
2014-15331 (75%)$4,130326 (74%)$7,933
2015-16307 (72%)$3,838292 (68%)$7,739
2016-17653 (72%)$3,917679 (75%)$6,858
2017-18885 (73%)$4,178940 (77%)$7,407
2018-19761 (72%)$4,033806 (76%)$6,912
2019-201,166 (98%)$4,803848 (71%)$6,470
2020-211,131 (95%)$4,722942 (79%)$6,782
2021-22799 (92%)$4,349621 (71%)$6,593
Average723 (81.11%)$4,265658 (74.67%)$7,445
*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, 602 (68.78 % of students) received Pell (federal) grants and its average amount is $3,947.
In addition, 30 students received State/local government grants/scholarships (3.00 % 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
2013-14430 (74%)$4,24082 (14%)$94518 (3%)$1,833101 (17%)$1,458
2014-15313 (71%)$4,09454 (12%)$9475 (1%)$1,80018 (4%)$1,417
2015-16275 (64%)$3,96232 (7%)$9843 (1%)$2,00035 (8%)$1,463
2016-17633 (70%)$3,775107 (12%)$82712 (1%)$1,79258 (6%)$1,005
2017-18864 (71%)$3,99574 (6%)$74245 (4%)$2,00054 (4%)$1,870
2018-19749 (71%)$3,853103 (10%)$76311 (1%)$2,00045 (4%)$1,822
2019-20799 (67%)$3,902976 (82%)$80083 (7%)$1,627962 (81%)$1,628
2020-21799 (67%)$4,034633 (53%)$55460 (5%)$1,900984 (82%)$1,681
2021-22552 (64%)$3,668107 (12%)$1,19431 (4%)$1,774705 (81%)$1,798
Average602 (68.78%)$3,947241 (23.11%)$86230 (3.00%)$1,858329 (31.89%)$1,571
*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, 658 (74.67 % of students) get any students loan help and its average loan amount is $658.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14471 (81%)$10,307471 (81%)$9,84215 (3%)$14,603
2014-15326 (74%)$7,933326 (74%)$7,933--
2015-16292 (68%)$7,739292 (68%)$7,739--
2016-17679 (75%)$6,858679 (75%)$6,858--
2017-18940 (77%)$7,407940 (77%)$7,407--
2018-19806 (76%)$6,912806 (76%)$6,8801 (0%)$25,583
2019-20848 (71%)$6,470848 (71%)$6,470--
2020-21942 (79%)$6,782942 (79%)$6,782--
2021-22621 (71%)$6,593621 (71%)$6,593--
Average658 (74.67%)$7,445658 (74.67%)$7,3898 (3.00%)$20,093
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