How Lincoln Technical Institute-New Britain'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-New Britain since 2013.

For that period, the average number of students who received grants aid/scholarships is 580, which is 73.11 % of all undergraduate students. 603 students which is 76.89% of undergraduate students received federal student loans and the average loan amount is $7,098.

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	458 (67%)	$3,538	456 (66%)	$3,375	499 (73%)	$7,289
2014-15	447 (68%)	$3,899	444 (68%)	$3,668	540 (82%)	$7,129
2015-16	450 (66%)	$4,123	441 (64%)	$3,892	519 (76%)	$7,539
2016-17	519 (68%)	$4,130	516 (67%)	$3,916	569 (74%)	$6,950
2017-18	532 (69%)	$3,751	513 (66%)	$3,786	583 (75%)	$6,850
2018-19	526 (67%)	$3,732	481 (61%)	$3,941	630 (80%)	$6,704
2019-20	735 (87%)	$4,676	552 (65%)	$3,987	667 (79%)	$6,726
2020-21	749 (83%)	$4,211	546 (61%)	$4,064	674 (75%)	$7,154
2021-22	803 (83%)	$3,817	624 (65%)	$3,875	749 (78%)	$7,540
Average	580 (73.11%)	$3,986	508 (64.78%)	$3,834	603 (76.89%)	$7,098

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

Overview

For the last 10 years, on average, 295 (80.56 % of students) received grants or scholarships and its average amount is $4,367. It can cover 13.37% of tuition & fees ($32,663).

In addition, 287 (79.33 % of students) students get helped from the students loans (average amount : $7,994).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	219 (71%)	$4,493	251 (82%)	$9,689
2014-15	245 (78%)	$4,617	256 (81%)	$8,339
2015-16	265 (73%)	$4,649	292 (81%)	$8,531
2016-17	327 (74%)	$4,408	320 (73%)	$7,923
2017-18	309 (77%)	$4,148	304 (76%)	$7,532
2018-19	231 (69%)	$4,572	279 (84%)	$7,179
2019-20	421 (98%)	$4,185	326 (76%)	$7,266
2020-21	309 (95%)	$4,080	268 (83%)	$7,651
2021-22	329 (90%)	$4,153	286 (78%)	$7,838
Average	295 (80.56%)	$4,367	287 (79.33%)	$7,994

^*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, 265 (72.67 % of students) received Pell (federal) grants and its average amount is $4,217.

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	219 (71%)	$4,170	42 (14%)	$292	-	-	4 (1%)	$14,619
2014-15	242 (77%)	$4,284	141 (45%)	$362	-	-	3 (1%)	$14,473
2015-16	262 (72%)	$4,287	90 (25%)	$397	-	-	4 (1%)	$18,208
2016-17	326 (74%)	$4,271	167 (38%)	$242	-	-	4 (1%)	$2,139
2017-18	306 (76%)	$4,057	139 (35%)	$277	-	-	1 (0%)	$2,000
2018-19	231 (69%)	$4,330	127 (38%)	$394	-	-	3 (1%)	$1,888
2019-20	305 (71%)	$4,268	389 (90%)	$573	-	-	282 (66%)	$842
2020-21	234 (72%)	$4,337	247 (76%)	$403	-	-	161 (50%)	$908
2021-22	264 (72%)	$3,950	141 (39%)	$325	-	-	249 (68%)	$1,115
Average	265 (72.67%)	$4,217	165 (44.44%)	$363	-	-	79 (23.63%)	$6,244

^*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, 287 (79.33 % of students) get any students loan help and its average loan amount is $287.

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	251 (82%)	$9,689	248 (81%)	$9,193	16 (5%)	$9,502
2014-15	256 (81%)	$8,339	255 (81%)	$8,264	3 (1%)	$9,114
2015-16	292 (81%)	$8,531	292 (81%)	$8,363	4 (1%)	$12,267
2016-17	320 (73%)	$7,923	320 (73%)	$7,923	-	-
2017-18	304 (76%)	$7,532	304 (76%)	$7,532	-	-
2018-19	279 (84%)	$7,179	279 (84%)	$7,179	-	-
2019-20	326 (76%)	$7,266	326 (76%)	$7,266	-	-
2020-21	268 (83%)	$7,651	268 (83%)	$7,651	-	-
2021-22	286 (78%)	$7,838	286 (78%)	$7,838	-	-
Average	287 (79.33%)	$7,994	286 (79.22%)	$7,912	8 (2.33%)	$10,294

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Scholarships, Grants, and Loan Trends at Lincoln Technical Institute-New Britain

All Undergraduate Students Financial Aid Over Time

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