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

For that period, the average number of students who received grants aid/scholarships is 769, which is 73.44 % of all undergraduate students. 802 students which is 77.22% of undergraduate students received federal student loans and the average loan amount is $7,423.

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	666 (70%)	$3,863	664 (70%)	$3,683	757 (80%)	$7,789
2014-15	658 (71%)	$3,897	656 (71%)	$3,680	745 (80%)	$7,969
2015-16	613 (67%)	$3,887	595 (65%)	$3,719	681 (75%)	$7,917
2016-17	607 (66%)	$3,887	601 (65%)	$3,731	702 (76%)	$7,551
2017-18	647 (67%)	$3,881	624 (65%)	$3,932	707 (74%)	$7,322
2018-19	744 (70%)	$3,395	652 (61%)	$3,754	786 (73%)	$6,686
2019-20	962 (87%)	$4,592	722 (66%)	$3,810	875 (79%)	$7,164
2020-21	1,019 (83%)	$4,401	761 (62%)	$4,165	980 (80%)	$6,937
2021-22	1,008 (80%)	$3,730	756 (60%)	$3,953	982 (78%)	$7,474
Average	769 (73.44%)	$3,948	670 (65.00%)	$3,825	802 (77.22%)	$7,423

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

Overview

For the last 10 years, on average, 399 (79.22 % of students) received grants or scholarships and its average amount is $4,269. It can cover 13.07% of tuition & fees ($32,663).

In addition, 397 (79.00 % of students) students get helped from the students loans (average amount : $8,297).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	397 (74%)	$4,250	464 (87%)	$8,665
2014-15	350 (76%)	$4,239	363 (79%)	$8,952
2015-16	337 (69%)	$4,473	360 (74%)	$9,254
2016-17	330 (72%)	$4,177	347 (75%)	$8,793
2017-18	388 (73%)	$4,388	382 (72%)	$8,369
2018-19	351 (69%)	$4,134	406 (80%)	$7,390
2019-20	547 (98%)	$4,231	455 (81%)	$7,203
2020-21	491 (96%)	$4,218	430 (84%)	$7,990
2021-22	404 (86%)	$4,309	370 (79%)	$8,053
Average	399 (79.22%)	$4,269	397 (79.00%)	$8,297

^*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, 361 (71.78 % of students) received Pell (federal) grants and its average amount is $4,120.

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	396 (74%)	$3,994	15 (3%)	$968	-	-	5 (1%)	$18,249
2014-15	348 (76%)	$3,995	141 (31%)	$342	-	-	3 (1%)	$14,996
2015-16	335 (69%)	$4,095	96 (20%)	$376	-	-	5 (1%)	$19,885
2016-17	327 (71%)	$4,048	158 (34%)	$233	-	-	3 (1%)	$5,974
2017-18	387 (72%)	$4,257	196 (37%)	$256	-	-	2 (0%)	$2,500
2018-19	351 (69%)	$3,941	162 (32%)	$369	-	-	4 (1%)	$2,008
2019-20	407 (73%)	$4,106	497 (89%)	$614	-	-	305 (54%)	$1,109
2020-21	377 (74%)	$4,422	367 (72%)	$422	-	-	224 (44%)	$1,113
2021-22	319 (68%)	$4,223	127 (27%)	$373	-	-	275 (59%)	$1,259
Average	361 (71.78%)	$4,120	195 (38.33%)	$439	-	-	92 (20.25%)	$7,455

^*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, 397 (79.00 % of students) get any students loan help and its average loan amount is $397.

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	464 (87%)	$8,665	464 (87%)	$8,445	11 (2%)	$9,318
2014-15	363 (79%)	$8,952	362 (79%)	$8,914	2 (0%)	$11,250
2015-16	360 (74%)	$9,254	360 (74%)	$9,010	11 (2%)	$7,993
2016-17	347 (75%)	$8,793	345 (75%)	$8,786	2 (0%)	$10,000
2017-18	382 (72%)	$8,369	382 (72%)	$8,369	-	-
2018-19	406 (80%)	$7,390	406 (80%)	$7,390	-	-
2019-20	455 (81%)	$7,203	455 (81%)	$7,203	-	-
2020-21	430 (84%)	$7,990	430 (84%)	$7,990	-	-
2021-22	370 (79%)	$8,053	370 (79%)	$8,053	-	-
Average	397 (79.00%)	$8,297	397 (79.00%)	$8,240	7 (2.00%)	$9,640

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

All Undergraduate Students Financial Aid Over Time

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