How Locklin Tech'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 Radford M Locklin Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 170, which is 24.78 % of all undergraduate students.

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	209 (25%)	$2,752	141 (17%)	$3,706	-	-
2014-15	187 (19%)	$4,321	141 (14%)	$5,171	-	-
2015-16	163 (21%)	$3,789	148 (19%)	$3,553	-	-
2016-17	162 (25%)	$4,775	142 (21%)	$4,847	-	-
2017-18	140 (21%)	$3,721	120 (18%)	$3,601	-	-
2018-19	155 (22%)	$5,583	132 (19%)	$5,843	-	-
2019-20	136 (21%)	$4,826	112 (17%)	$4,529	-	-
2020-21	172 (31%)	$4,386	95 (17%)	$6,284	-	-
2021-22	209 (38%)	$4,689	84 (15%)	$6,434	-	-
Average	170 (24.78%)	$4,316	124 (17.44%)	$4,885	-	-

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

Overview

For the last 10 years, on average, 76 (66.00 % of students) received grants or scholarships and its average amount is $5,038. It can cover 108.71% of tuition & fees ($4,634) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	74 (62%)	$4,260	-	-
2014-15	87 (71%)	$5,157	-	-
2015-16	80 (68%)	$4,260	-	-
2016-17	66 (54%)	$5,127	-	-
2017-18	60 (58%)	$5,367	-	-
2018-19	65 (59%)	$6,179	-	-
2019-20	58 (64%)	$6,300	-	-
2020-21	78 (79%)	$4,184	-	-
2021-22	113 (79%)	$4,505	-	-
Average	76 (66.00%)	$5,038	-	-

^*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, 59 (52.33 % of students) received Pell (federal) grants and its average amount is $5,267.

In addition, 47 students received State/local government grants/scholarships (40.56 % of students).

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	70 (58%)	$4,065	47 (39%)	$88	43 (36%)	$310	11 (9%)	$1,203
2014-15	85 (70%)	$4,966	43 (35%)	$101	72 (59%)	$174	14 (11%)	$694
2015-16	74 (63%)	$3,971	45 (38%)	$94	68 (58%)	$222	14 (12%)	$1,975
2016-17	59 (48%)	$5,163	38 (31%)	$82	38 (31%)	$372	13 (11%)	$1,268
2017-18	53 (51%)	$5,535	30 (29%)	$109	33 (32%)	$422	9 (9%)	$1,272
2018-19	61 (55%)	$6,060	34 (31%)	$115	43 (39%)	$489	9 (8%)	$781
2019-20	55 (60%)	$4,914	30 (33%)	$123	39 (43%)	$2,067	9 (10%)	$1,208
2020-21	37 (37%)	$6,444	42 (42%)	$1,022	24 (24%)	$732	14 (14%)	$1,959
2021-22	41 (29%)	$6,284	91 (64%)	$2,129	61 (43%)	$887	10 (7%)	$362
Average	59 (52.33%)	$5,267	44 (38.00%)	$429	47 (40.56%)	$631	11 (10.11%)	$1,191

^*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..

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Scholarships, Grants, and Loan Trends at Locklin Tech

All Undergraduate Students Financial Aid Over Time

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