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

For that period, the average number of students who received grants aid/scholarships is 1,414, which is 73.11 % of all undergraduate students. 1,443 students which is 75.11% of undergraduate students received federal student loans and the average loan amount is $7,371.

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	1,212 (69%)	$4,194	1,204 (69%)	$4,055	1,365 (78%)	$7,739
2014-15	1,203 (69%)	$4,074	1,197 (69%)	$3,870	1,294 (75%)	$7,800
2015-16	1,187 (69%)	$3,861	1,173 (68%)	$3,762	1,280 (74%)	$7,088
2016-17	1,243 (71%)	$3,958	1,238 (71%)	$3,841	1,308 (75%)	$7,303
2017-18	1,386 (76%)	$4,020	1,334 (73%)	$4,047	1,431 (79%)	$7,161
2018-19	1,343 (68%)	$3,958	1,221 (62%)	$4,133	1,469 (74%)	$7,087
2019-20	1,674 (82%)	$5,055	1,246 (61%)	$4,169	1,504 (74%)	$7,211
2020-21	1,757 (80%)	$4,549	1,264 (58%)	$4,183	1,628 (74%)	$7,415
2021-22	1,720 (74%)	$4,319	1,277 (55%)	$4,131	1,707 (73%)	$7,539
Average	1,414 (73.11%)	$4,221	1,239 (65.11%)	$4,021	1,443 (75.11%)	$7,371

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

Overview

For the last 10 years, on average, 770 (79.56 % of students) received grants or scholarships and its average amount is $4,640. It can cover 16.32% of tuition & fees ($28,425).

In addition, 790 (82.33 % of students) students get helped from the students loans (average amount : $8,319).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	618 (74%)	$4,648	709 (85%)	$9,073
2014-15	627 (72%)	$4,647	715 (82%)	$8,601
2015-16	606 (72%)	$4,266	685 (81%)	$7,906
2016-17	714 (78%)	$4,390	773 (84%)	$7,823
2017-18	735 (73%)	$4,617	863 (86%)	$8,080
2018-19	703 (70%)	$4,661	798 (80%)	$7,954
2019-20	1,049 (97%)	$4,739	879 (82%)	$8,000
2020-21	968 (94%)	$4,792	854 (83%)	$8,643
2021-22	913 (86%)	$5,003	834 (78%)	$8,790
Average	770 (79.56%)	$4,640	790 (82.33%)	$8,319

^*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, 679 (70.78 % of students) received Pell (federal) grants and its average amount is $4,412.

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	615 (73%)	$4,450	60 (7%)	$598	-	-	7 (1%)	$14,290
2014-15	626 (72%)	$4,321	141 (16%)	$557	-	-	8 (1%)	$16,306
2015-16	600 (71%)	$4,158	61 (7%)	$665	-	-	9 (1%)	$5,516
2016-17	711 (77%)	$4,256	90 (10%)	$938	-	-	3 (0%)	$8,041
2017-18	730 (72%)	$4,487	101 (10%)	$885	-	-	5 (0%)	$5,722
2018-19	696 (70%)	$4,371	232 (23%)	$500	-	-	18 (2%)	$6,602
2019-20	752 (70%)	$4,461	936 (87%)	$769	-	-	636 (59%)	$1,410
2020-21	692 (67%)	$4,689	826 (81%)	$502	-	-	593 (58%)	$1,651
2021-22	690 (65%)	$4,517	170 (16%)	$509	-	-	704 (66%)	$1,939
Average	679 (70.78%)	$4,412	291 (28.56%)	$658	-	-	220 (26.86%)	$6,831

^*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, 790 (82.33 % of students) get any students loan help and its average loan amount is $790.

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	709 (85%)	$9,073	709 (85%)	$9,073	-	-
2014-15	715 (82%)	$8,601	715 (82%)	$8,601	-	-
2015-16	685 (81%)	$7,906	685 (81%)	$7,906	-	-
2016-17	773 (84%)	$7,823	773 (84%)	$7,823	-	-
2017-18	863 (86%)	$8,080	862 (85%)	$8,075	1 (0%)	$12,354
2018-19	798 (80%)	$7,954	797 (80%)	$7,934	1 (0%)	$24,101
2019-20	879 (82%)	$8,000	879 (82%)	$8,000	-	-
2020-21	854 (83%)	$8,643	854 (83%)	$8,643	-	-
2021-22	834 (78%)	$8,790	833 (78%)	$8,767	1 (0%)	$27,228
Average	790 (82.33%)	$8,319	790 (82.22%)	$8,314	1 (0.00%)	$21,228

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

All Undergraduate Students Financial Aid Over Time

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