Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,656, which is 92.78 % of all undergraduate students. 1,161 students which is 65.11% of undergraduate students received federal student loans and the average loan amount is $7,475.

For full-time, first-time beginning students (freshmen), 97.33% of students received grants or scholarships and 57% 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 Lincoln Memorial University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,656, which is 92.78 % of all undergraduate students. 1,161 students which is 65.11% of undergraduate students received federal student loans and the average loan amount is $7,475.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,579 (92%)$14,223869 (51%)$3,985964 (56%)$7,242
2014-151,531 (90%)$10,826838 (49%)$4,3441,268 (75%)$4,971
2015-161,470 (89%)$10,824830 (50%)$4,2101,221 (74%)$4,955
2016-171,590 (96%)$15,485760 (46%)$4,0391,075 (65%)$7,077
2017-181,759 (92%)$16,089896 (47%)$4,1931,261 (66%)$8,526
2018-191,837 (94%)$16,064867 (44%)$4,1171,297 (66%)$9,572
2019-201,891 (96%)$16,836934 (47%)$4,5241,324 (67%)$8,949
2020-211,729 (95%)$17,508793 (44%)$4,5611,121 (62%)$8,485
2021-221,516 (91%)$17,191664 (40%)$4,564918 (55%)$7,499
Average1,656 (92.78%)$15,005828 (46.44%)$4,2821,161 (65.11%)$7,475
*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, 254 (97.33 % of students) received grants or scholarships and its average amount is $17,990. It can cover 68.79% of tuition & fees ($26,150).

In addition, 147 (56.78 % of students) students get helped from the students loans (average amount : $5,628).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14183 (99%)$18,920112 (61%)$5,050
2014-15250 (100%)$18,504200 (80%)$4,227
2015-16242 (100%)$18,627197 (81%)$4,208
2016-17304 (98%)$18,793186 (60%)$6,329
2017-18302 (99%)$20,279183 (60%)$5,201
2018-19273 (94%)$16,506121 (42%)$5,980
2019-20243 (93%)$15,60999 (38%)$6,817
2020-21211 (93%)$15,56679 (35%)$6,684
2021-22275 (100%)$19,105149 (54%)$6,155
Average254 (97.33%)$17,990147 (56.78%)$5,628
*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, 109 (41.67 % of students) received Pell (federal) grants and its average amount is $4,710.

In addition, 120 students received State/local government grants/scholarships (46.67 % 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
2013-14101 (55%)$4,44724 (13%)$1,200126 (68%)$6,709180 (97%)$11,884
2014-15126 (50%)$4,86079 (32%)$1,341122 (49%)$5,441250 (100%)$12,975
2015-16125 (51%)$4,72776 (31%)$1,337120 (49%)$5,422242 (100%)$13,077
2016-17141 (45%)$4,53267 (22%)$1,373143 (46%)$5,642302 (97%)$13,825
2017-18154 (50%)$4,52945 (15%)$1,374164 (54%)$5,371300 (98%)$14,947
2018-1999 (34%)$4,57331 (11%)$1,468114 (39%)$5,027214 (74%)$16,051
2019-2072 (28%)$4,56250 (19%)$1,37799 (38%)$5,309173 (66%)$16,590
2020-2155 (24%)$4,95266 (29%)$2,18578 (35%)$5,667144 (64%)$16,846
2021-22105 (38%)$5,21167 (24%)$1,499117 (42%)$5,372275 (100%)$14,465
Average109 (41.67%)$4,71056 (21.78%)$1,462120 (46.67%)$5,551231 (88.44%)$14,518
*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, 147 (56.78 % of students) get any students loan help and its average loan amount is $147.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14112 (61%)$5,050112 (61%)$4,5746 (3%)$8,891
2014-15200 (80%)$4,227200 (80%)$3,9167 (3%)$8,905
2015-16197 (81%)$4,208197 (81%)$3,8966 (2%)$10,242
2016-17186 (60%)$6,329185 (59%)$5,71112 (4%)$10,057
2017-18183 (60%)$5,201183 (60%)$4,9565 (2%)$8,964
2018-19121 (42%)$5,980121 (42%)$5,5905 (2%)$9,415
2019-2099 (38%)$6,81798 (38%)$6,4214 (2%)$11,404
2020-2179 (35%)$6,68477 (34%)$6,4503 (1%)$10,457
2021-22149 (54%)$6,155148 (54%)$5,41610 (4%)$11,553
Average147 (56.78%)$5,628147 (56.56%)$5,2146 (2.56%)$9,988

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