Scholarships, Grants, and Loan Trends at Lycoming

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,197, which is 99.33 % of all undergraduate students. 928 students which is 77.00% of undergraduate students received federal student loans and the average loan amount is $6,983.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 78% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lycoming College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,197, which is 99.33 % of all undergraduate students. 928 students which is 77.00% of undergraduate students received federal student loans and the average loan amount is $6,983.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,288 (99%)$22,836433 (33%)$4,184988 (76%)$7,399
2014-151,341 (99%)$25,189443 (33%)$4,4201,037 (77%)$7,261
2015-161,271 (99%)$27,302466 (36%)$4,577983 (76%)$7,146
2016-171,255 (99%)$29,285476 (38%)$4,538971 (77%)$7,127
2017-181,204 (99%)$30,921497 (41%)$4,614942 (77%)$7,314
2018-191,133 (99%)$33,516499 (44%)$4,763901 (79%)$6,966
2019-201,135 (100%)$36,211523 (46%)$4,724887 (78%)$6,856
2020-211,063 (100%)$37,369473 (44%)$5,073835 (78%)$6,453
2021-221,084 (100%)$40,963456 (42%)$5,213812 (75%)$6,327
Average1,197 (99.33%)$31,510474 (39.67%)$4,678928 (77.00%)$6,983

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

For the last 10 years, on average, 336 (100.00 % of students) received grants or scholarships and its average amount is $33,410. It can cover 70.41% of tuition & fees ($47,450).
In addition, 264 (78.44 % of students) students get helped from the students loans (average amount : $8,585).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14346 (100%)$24,423265 (76%)$8,963
2014-15394 (100%)$28,410316 (80%)$8,319
2015-16347 (100%)$29,711279 (80%)$8,138
2016-17343 (100%)$31,000273 (80%)$8,878
2017-18282 (100%)$33,070226 (80%)$8,637
2018-19323 (100%)$35,487251 (78%)$8,328
2019-20340 (100%)$37,550270 (79%)$9,426
2020-21334 (100%)$38,533272 (81%)$8,410
2021-22318 (100%)$42,509228 (72%)$8,169
Average336 (100.00%)$33,410264 (78.44%)$8,585
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 145 (43.11 % of students) received Pell (federal) grants and its average amount is $4,779.
In addition, 113 students received State/local government grants/scholarships (33.33 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14111 (32%)$4,27041 (12%)$1,000139 (40%)$3,897346 (100%)$21,369
2014-15154 (39%)$4,47661 (15%)$1,016147 (37%)$3,640394 (100%)$25,146
2015-16155 (45%)$4,73178 (22%)$1,000119 (34%)$3,833347 (100%)$26,058
2016-17148 (43%)$4,50949 (14%)$993110 (32%)$3,771343 (100%)$27,703
2017-18128 (45%)$4,79149 (17%)$98789 (32%)$3,728282 (100%)$29,547
2018-19161 (50%)$4,83270 (22%)$1,000116 (36%)$3,919323 (100%)$31,455
2019-20166 (49%)$4,93776 (22%)$1,708103 (30%)$3,837339 (100%)$33,694
2020-21154 (46%)$5,17783 (25%)$1,05299 (30%)$3,954334 (100%)$34,712
2021-22125 (39%)$5,288300 (94%)$2,67593 (29%)$4,664318 (100%)$36,543
Average145 (43.11%)$4,77990 (27.00%)$1,270113 (33.33%)$3,916336 (100.00%)$29,581
*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..
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, 264 (78.44 % of students) get any students loan help and its average loan amount is $264.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14265 (76%)$8,963262 (76%)$6,36161 (18%)$11,615
2014-15316 (80%)$8,319315 (80%)$6,18862 (16%)$10,961
2015-16279 (80%)$8,138276 (80%)$6,13042 (12%)$13,781
2016-17273 (80%)$8,878269 (78%)$5,94661 (18%)$13,512
2017-18226 (80%)$8,637223 (79%)$6,16841 (15%)$14,064
2018-19251 (78%)$8,328249 (77%)$5,95749 (15%)$12,389
2019-20270 (79%)$9,426263 (77%)$5,90869 (20%)$14,365
2020-21272 (81%)$8,410268 (80%)$5,45657 (17%)$14,479
2021-22228 (72%)$8,169226 (71%)$5,16655 (17%)$12,635
Average264 (78.44%)$8,585261 (77.56%)$5,92055 (16.44%)$13,089
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