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

For that period, the average number of students who received grants aid/scholarships is 777, which is 65.44 % of all undergraduate students. 841 students which is 71.78% of undergraduate students received federal student loans and the average loan amount is $7,464.

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	523 (56%)	$4,105	500 (54%)	$3,922	683 (74%)	$7,716
2014-15	592 (57%)	$4,132	577 (56%)	$3,899	785 (76%)	$7,815
2015-16	651 (56%)	$4,366	640 (55%)	$4,114	871 (75%)	$7,416
2016-17	739 (60%)	$4,219	725 (59%)	$3,976	870 (71%)	$7,324
2017-18	777 (64%)	$4,087	738 (61%)	$4,024	846 (70%)	$6,859
2018-19	797 (67%)	$4,010	679 (57%)	$4,299	835 (70%)	$7,210
2019-20	905 (80%)	$4,883	612 (54%)	$4,233	788 (70%)	$7,469
2020-21	1,064 (80%)	$4,409	724 (54%)	$4,166	934 (70%)	$7,706
2021-22	942 (69%)	$4,217	694 (51%)	$4,164	953 (70%)	$7,665
Average	777 (65.44%)	$4,270	654 (55.67%)	$4,089	841 (71.78%)	$7,464

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

Overview

For the last 10 years, on average, 428 (73.11 % of students) received grants or scholarships and its average amount is $4,658. It can cover 16.39% of tuition & fees ($28,425).

In addition, 459 (78.56 % of students) students get helped from the students loans (average amount : $8,559).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	303 (66%)	$4,524	356 (78%)	$9,222
2014-15	352 (64%)	$4,588	457 (83%)	$8,723
2015-16	400 (63%)	$4,696	526 (82%)	$8,408
2016-17	406 (67%)	$4,581	489 (80%)	$8,718
2017-18	411 (65%)	$4,576	479 (76%)	$7,812
2018-19	373 (66%)	$4,808	437 (77%)	$8,075
2019-20	596 (95%)	$4,625	491 (78%)	$8,415
2020-21	620 (94%)	$4,376	502 (76%)	$8,905
2021-22	393 (78%)	$5,147	390 (77%)	$8,750
Average	428 (73.11%)	$4,658	459 (78.56%)	$8,559

^*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, 363 (62.22 % of students) received Pell (federal) grants and its average amount is $4,394.

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	286 (63%)	$4,256	42 (9%)	$838	-	-	34 (7%)	$3,484
2014-15	340 (62%)	$4,243	106 (19%)	$477	-	-	27 (5%)	$4,513
2015-16	390 (61%)	$4,359	36 (6%)	$813	-	-	26 (4%)	$5,736
2016-17	392 (64%)	$4,198	120 (20%)	$815	-	-	25 (4%)	$4,666
2017-18	403 (64%)	$4,275	83 (13%)	$805	-	-	22 (3%)	$4,144
2018-19	352 (62%)	$4,517	91 (16%)	$880	-	-	34 (6%)	$3,631
2019-20	394 (63%)	$4,555	532 (85%)	$816	-	-	293 (47%)	$1,803
2020-21	413 (63%)	$4,498	473 (72%)	$595	-	-	349 (53%)	$1,645
2021-22	296 (58%)	$4,644	93 (18%)	$909	-	-	262 (52%)	$2,152
Average	363 (62.22%)	$4,394	175 (28.67%)	$772	-	-	119 (20.11%)	$3,530

^*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, 459 (78.56 % of students) get any students loan help and its average loan amount is $459.

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	356 (78%)	$9,222	356 (78%)	$9,222	-	-
2014-15	457 (83%)	$8,723	457 (83%)	$8,699	1 (0%)	$10,889
2015-16	526 (82%)	$8,408	525 (82%)	$8,298	4 (1%)	$16,511
2016-17	489 (80%)	$8,718	489 (80%)	$8,684	1 (0%)	$16,490
2017-18	479 (76%)	$7,812	478 (76%)	$7,794	1 (0%)	$16,439
2018-19	437 (77%)	$8,075	437 (77%)	$8,075	-	-
2019-20	491 (78%)	$8,415	491 (78%)	$8,377	1 (0%)	$18,500
2020-21	502 (76%)	$8,905	502 (76%)	$8,905	-	-
2021-22	390 (77%)	$8,750	390 (77%)	$8,750	-	-
Average	459 (78.56%)	$8,559	458 (78.56%)	$8,534	2 (1.00%)	$15,766

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

All Undergraduate Students Financial Aid Over Time

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