Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,000, which is 28.00 % of all undergraduate students. 435 students which is 11.78% of undergraduate students received federal student loans and the average loan amount is $6,739.

For full-time, first-time beginning students (freshmen), 36.00% of students received grants or scholarships and 12% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Lake Washington Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,000, which is 28.00 % of all undergraduate students. 435 students which is 11.78% of undergraduate students received federal student loans and the average loan amount is $6,739.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,100 (29%)$5,818922 (24%)$3,810775 (20%)$6,692
2014-151,026 (28%)$5,982832 (23%)$3,825655 (18%)$6,681
2015-16957 (27%)$5,496706 (20%)$3,820547 (15%)$6,517
2016-17878 (24%)$5,676645 (18%)$3,821471 (13%)$6,497
2017-18939 (25%)$5,780600 (16%)$4,264411 (11%)$6,714
2018-19935 (25%)$5,912600 (16%)$4,185380 (10%)$6,935
2019-20915 (25%)$6,206539 (15%)$4,145303 (8%)$6,805
2020-211,152 (35%)$5,553489 (15%)$4,246215 (6%)$7,002
2021-221,095 (34%)$6,266430 (13%)$4,274162 (5%)$6,809
Average1,000 (28.00%)$5,854640 (17.78%)$4,043435 (11.78%)$6,739
*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.

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

For the last 10 years, on average, 53 (36.00 % of students) received grants or scholarships and its average amount is $5,931. It can cover 53.84% of tuition & fees ($11,017) based on out-of-state rate.

In addition, 18 (12.44 % of students) students get helped from the students loans (average amount : $6,044).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1468 (41%)$6,59637 (23%)$5,276
2014-1557 (38%)$6,16218 (12%)$5,556
2015-1645 (36%)$5,98919 (15%)$5,938
2016-1759 (39%)$5,68634 (23%)$6,293
2017-1833 (25%)$5,69016 (12%)$5,220
2018-1959 (38%)$6,16515 (10%)$5,826
2019-2044 (28%)$5,65611 (7%)$5,503
2020-2165 (40%)$4,54712 (7%)$5,760
2021-2250 (39%)$6,8904 (3%)$9,024
Average53 (36.00%)$5,93118 (12.44%)$6,044
*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, 40 (26.67 % of students) received Pell (federal) grants and its average amount is $4,063.

In addition, 41 students received State/local government grants/scholarships (27.78 % 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
2013-1461 (37%)$4,1453 (2%)$36765 (40%)$2,66511 (7%)$1,941
2014-1550 (33%)$3,8934 (3%)$43844 (29%)$3,03210 (7%)$2,146
2015-1636 (29%)$4,105--35 (28%)$2,96311 (9%)$1,639
2016-1737 (25%)$3,9837 (5%)$47846 (30%)$3,26116 (11%)$2,172
2017-1824 (18%)$4,3994 (3%)$36424 (18%)$2,9956 (5%)$1,475
2018-1948 (31%)$4,09716 (10%)$76541 (27%)$3,5199 (6%)$1,178
2019-2035 (22%)$3,64212 (8%)$81735 (22%)$3,0567 (4%)$659
2020-2134 (21%)$3,93059 (36%)$47641 (25%)$3,0006 (4%)$1,807
2021-2231 (24%)$4,37546 (36%)$1,59140 (31%)$3,3263 (2%)$883
Average40 (26.67%)$4,06319 (12.88%)$66241 (27.78%)$3,0919 (6.11%)$1,544
*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, 18 (12.44 % of students) get any students loan help and its average loan amount is $18.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1437 (23%)$5,27637 (23%)$5,276--
2014-1518 (12%)$5,55617 (11%)$5,7831 (1%)$1,700
2015-1619 (15%)$5,93819 (15%)$5,938--
2016-1734 (23%)$6,29331 (21%)$5,9843 (2%)$9,488
2017-1816 (12%)$5,22015 (11%)$4,6731 (1%)$13,438
2018-1915 (10%)$5,82614 (9%)$5,1001 (1%)$16,000
2019-2011 (7%)$5,50311 (7%)$5,503--
2020-2112 (7%)$5,7608 (5%)$5,5964 (2%)$6,087
2021-224 (3%)$9,0243 (2%)$6,0821 (1%)$17,848
Average18 (12.44%)$6,04417 (11.56%)$5,5482 (1.33%)$10,760

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