How Lincoln Technical Institute-Lowell'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 Technical Institute-Lowell since 2013.

For that period, the average number of students who received grants aid/scholarships is 338, which is 71.75 % of all undergraduate students. 370 students which is 79.50% of undergraduate students received federal student loans and the average loan amount is $5,720.

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	432 (71%)	$3,985	432 (71%)	$3,776	472 (78%)	$6,290
2014-15	359 (71%)	$3,799	358 (70%)	$3,659	381 (75%)	$5,582
2015-16	316 (74%)	$3,916	310 (73%)	$3,848	343 (81%)	$5,499
2016-17	243 (71%)	$4,276	243 (71%)	$4,067	284 (84%)	$5,509
Average	338 (71.75%)	$3,994	336 (71.25%)	$3,838	370 (79.50%)	$5,720

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

Overview

For the last 5 years, on average, 166 (85.00 % of students) received grants or scholarships and its average amount is $4,663. It can cover 28.36% of tuition & fees ($16,445).

In addition, 175 (89.25 % of students) students get helped from the students loans (average amount : $6,787).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	162 (86%)	$4,592	164 (87%)	$7,206
2014-15	174 (84%)	$4,454	185 (90%)	$6,709
2015-16	181 (86%)	$4,550	190 (90%)	$6,309
2016-17	147 (84%)	$5,057	159 (90%)	$6,922
Average	166 (85.00%)	$4,663	175 (89.25%)	$6,787

^*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 5 years, on average, 166 (84.75 % of students) received Pell (federal) grants and its average amount is $4,428.

In addition, 10 students received State/local government grants/scholarships (5.00 % 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	162 (86%)	$4,283	32 (17%)	$350	10 (5%)	$360	7 (4%)	$5,025
2014-15	174 (84%)	$4,292	72 (35%)	$347	-	-	1 (0%)	$3,107
2015-16	179 (85%)	$4,396	112 (53%)	$304	-	-	1 (0%)	$2,500
2016-17	147 (84%)	$4,741	104 (59%)	$446	-	-	-	-
Average	166 (84.75%)	$4,428	80 (41.00%)	$362	10 (5.00%)	$360	3 (4.00%)	$3,544

^*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 5 years, on average, 175 (89.25 % of students) get any students loan help and its average loan amount is $175.

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	164 (87%)	$7,206	164 (87%)	$7,206	-	-
2014-15	185 (90%)	$6,709	185 (90%)	$6,709	-	-
2015-16	190 (90%)	$6,309	190 (90%)	$6,309	-	-
2016-17	159 (90%)	$6,922	159 (90%)	$6,922	-	-
Average	175 (89.25%)	$6,787	175 (89.25%)	$6,787	-	-

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Scholarships, Grants, and Loan Trends at Lincoln Technical Institute-Lowell

All Undergraduate Students Financial Aid Over Time

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