How Lincoln Technical Institute-South Plainfield'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-South Plainfield since 2013.

For that period, the average number of students who received grants aid/scholarships is 326, which is 71.67 % of all undergraduate students. 320 students which is 71.11% of undergraduate students received federal student loans and the average loan amount is $7,549.

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	234 (63%)	$4,256	228 (62%)	$4,092	277 (75%)	$7,348
2014-15	258 (62%)	$4,499	245 (59%)	$4,114	284 (69%)	$7,881
2015-16	269 (60%)	$4,447	258 (57%)	$4,227	335 (74%)	$7,944
2016-17	279 (61%)	$4,244	272 (59%)	$4,060	334 (73%)	$7,714
2017-18	272 (62%)	$4,205	245 (56%)	$4,152	298 (68%)	$7,404
2018-19	371 (76%)	$3,249	282 (57%)	$3,833	346 (70%)	$7,410
2019-20	400 (90%)	$4,882	265 (60%)	$3,916	340 (77%)	$7,646
2020-21	442 (88%)	$4,454	266 (53%)	$3,918	343 (68%)	$6,957
2021-22	413 (83%)	$4,797	269 (54%)	$4,216	327 (66%)	$7,641
Average	326 (71.67%)	$4,337	259 (57.44%)	$4,059	320 (71.11%)	$7,549

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

Overview

For the last 10 years, on average, 159 (73.56 % of students) received grants or scholarships and its average amount is $4,670. It can cover 13.56% of tuition & fees ($34,442).

In addition, 162 (74.67 % of students) students get helped from the students loans (average amount : $8,250).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	102 (63%)	$4,392	123 (76%)	$8,448
2014-15	148 (66%)	$4,484	163 (73%)	$7,834
2015-16	146 (63%)	$4,597	183 (79%)	$8,781
2016-17	140 (65%)	$4,419	153 (71%)	$8,843
2017-18	130 (61%)	$4,931	158 (74%)	$8,639
2018-19	165 (61%)	$4,243	199 (74%)	$7,690
2019-20	225 (97%)	$4,569	188 (81%)	$7,759
2020-21	223 (99%)	$4,634	162 (72%)	$7,340
2021-22	155 (87%)	$5,764	128 (72%)	$8,916
Average	159 (73.56%)	$4,670	162 (74.67%)	$8,250

^*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, 132 (61.11 % of students) received Pell (federal) grants and its average amount is $4,165.

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	98 (61%)	$4,210	52 (32%)	$374	-	-	12 (7%)	$1,329
2014-15	140 (63%)	$4,113	74 (33%)	$630	-	-	18 (8%)	$2,292
2015-16	141 (61%)	$4,203	64 (28%)	$650	-	-	15 (6%)	$2,458
2016-17	137 (64%)	$4,101	34 (16%)	$1,046	-	-	4 (2%)	$5,307
2017-18	125 (59%)	$4,319	55 (26%)	$1,124	-	-	9 (4%)	$4,378
2018-19	163 (61%)	$3,774	53 (20%)	$1,451	-	-	2 (1%)	$4,038
2019-20	147 (64%)	$4,261	210 (91%)	$598	-	-	138 (60%)	$2,001
2020-21	134 (59%)	$4,131	189 (84%)	$698	-	-	167 (74%)	$2,084
2021-22	103 (58%)	$4,375	55 (31%)	$900	-	-	143 (80%)	$2,751
Average	132 (61.11%)	$4,165	87 (40.11%)	$830	-	-	56 (26.89%)	$2,960

^*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, 162 (74.67 % of students) get any students loan help and its average loan amount is $162.

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	123 (76%)	$8,448	123 (76%)	$8,253	3 (2%)	$7,994
2014-15	163 (73%)	$7,834	163 (73%)	$7,834	-	-
2015-16	183 (79%)	$8,781	183 (79%)	$8,527	3 (1%)	$15,495
2016-17	153 (71%)	$8,843	153 (71%)	$8,706	1 (0%)	$20,879
2017-18	158 (74%)	$8,639	158 (74%)	$8,344	2 (1%)	$23,354
2018-19	199 (74%)	$7,690	199 (74%)	$7,690	-	-
2019-20	188 (81%)	$7,759	188 (81%)	$7,759	-	-
2020-21	162 (72%)	$7,340	162 (72%)	$7,340	-	-
2021-22	128 (72%)	$8,916	128 (72%)	$8,838	1 (1%)	$9,943
Average	162 (74.67%)	$8,250	162 (74.67%)	$8,143	2 (1.25%)	$15,533

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Scholarships, Grants, and Loan Trends at Lincoln Technical Institute-South Plainfield

All Undergraduate Students Financial Aid Over Time

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