How Lincoln Tech-Paramus'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-Paramus since 2013.

For that period, the average number of students who received grants aid/scholarships is 657, which is 72.33 % of all undergraduate students. 736 students which is 81.67% of undergraduate students received federal student loans and the average loan amount is $6,390.

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	659 (69%)	$3,694	653 (68%)	$3,547	791 (82%)	$6,984
2014-15	657 (70%)	$3,676	649 (70%)	$3,524	763 (82%)	$6,101
2015-16	589 (68%)	$3,673	581 (67%)	$3,536	712 (82%)	$5,887
2016-17	501 (65%)	$3,614	498 (65%)	$3,427	623 (81%)	$5,935
2017-18	511 (70%)	$3,867	502 (69%)	$3,622	625 (85%)	$6,314
2018-19	590 (72%)	$3,902	556 (68%)	$3,897	670 (82%)	$6,804
2019-20	771 (88%)	$4,277	587 (67%)	$3,779	746 (85%)	$6,608
2020-21	889 (81%)	$3,949	697 (64%)	$3,782	913 (84%)	$6,182
2021-22	743 (68%)	$3,657	642 (59%)	$3,680	784 (72%)	$6,696
Average	657 (72.33%)	$3,812	596 (66.33%)	$3,644	736 (81.67%)	$6,390

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

Overview

For the last 10 years, on average, 288 (79.67 % of students) received grants or scholarships and its average amount is $4,385. It can cover 13.64% of tuition & fees ($32,134).

In addition, 323 (87.22 % of students) students get helped from the students loans (average amount : $7,513).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	354 (75%)	$4,434	416 (88%)	$8,816
2014-15	350 (76%)	$4,435	407 (88%)	$7,471
2015-16	317 (73%)	$4,395	378 (87%)	$7,417
2016-17	293 (72%)	$4,148	357 (88%)	$6,971
2017-18	303 (75%)	$4,413	362 (90%)	$7,199
2018-19	303 (74%)	$4,519	364 (89%)	$7,504
2019-20	275 (96%)	$4,293	244 (86%)	$6,908
2020-21	236 (97%)	$4,289	216 (89%)	$7,337
2021-22	161 (79%)	$4,536	165 (80%)	$7,997
Average	288 (79.67%)	$4,385	323 (87.22%)	$7,513

^*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, 271 (73.44 % of students) received Pell (federal) grants and its average amount is $4,198.

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	350 (74%)	$4,190	68 (14%)	$838	-	-	7 (1%)	$6,558
2014-15	343 (74%)	$4,180	92 (20%)	$748	-	-	13 (3%)	$3,820
2015-16	313 (72%)	$4,166	88 (20%)	$571	-	-	8 (2%)	$4,890
2016-17	292 (72%)	$3,875	95 (23%)	$592	-	-	7 (2%)	$3,939
2017-18	296 (73%)	$4,107	94 (23%)	$636	-	-	11 (3%)	$5,604
2018-19	300 (74%)	$4,272	64 (16%)	$762	-	-	8 (2%)	$4,862
2019-20	215 (75%)	$4,157	244 (86%)	$867	-	-	52 (18%)	$1,450
2020-21	186 (76%)	$4,509	172 (70%)	$558	-	-	35 (14%)	$2,215
2021-22	145 (71%)	$4,328	42 (20%)	$771	-	-	64 (31%)	$1,100
Average	271 (73.44%)	$4,198	107 (32.44%)	$705	-	-	23 (8.44%)	$3,826

^*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, 323 (87.22 % of students) get any students loan help and its average loan amount is $323.

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	416 (88%)	$8,816	416 (88%)	$8,522	12 (3%)	$10,191
2014-15	407 (88%)	$7,471	407 (88%)	$7,317	7 (2%)	$8,979
2015-16	378 (87%)	$7,417	377 (87%)	$7,304	3 (1%)	$16,670
2016-17	357 (88%)	$6,971	357 (88%)	$6,913	3 (1%)	$6,909
2017-18	362 (90%)	$7,199	361 (89%)	$7,040	4 (1%)	$16,107
2018-19	364 (89%)	$7,504	364 (89%)	$7,436	3 (1%)	$8,359
2019-20	244 (86%)	$6,908	244 (86%)	$6,853	2 (1%)	$6,741
2020-21	216 (89%)	$7,337	216 (89%)	$7,337	-	-
2021-22	165 (80%)	$7,997	165 (80%)	$7,928	2 (1%)	$5,689
Average	323 (87.22%)	$7,513	323 (87.11%)	$7,406	5 (1.38%)	$9,956

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Scholarships, Grants, and Loan Trends at Lincoln Tech-Paramus

All Undergraduate Students Financial Aid Over Time

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