Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 589, which is 74.89 % of all undergraduate students. 616 students which is 79.67% of undergraduate students received federal student loans and the average loan amount is $6,168.

For full-time, first-time beginning students (freshmen), 81.78% of students received grants or scholarships and 87% 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 Technical Institute-Iselin since 2013.

For that period, the average number of students who received grants aid/scholarships is 589, which is 74.89 % of all undergraduate students. 616 students which is 79.67% of undergraduate students received federal student loans and the average loan amount is $6,168.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14605 (69%)$3,692601 (68%)$3,520717 (81%)$6,473
2014-15510 (67%)$3,835503 (66%)$3,616591 (78%)$6,254
2015-16417 (65%)$3,749410 (64%)$3,582503 (78%)$6,028
2016-17375 (66%)$3,628373 (66%)$3,435449 (79%)$5,716
2017-18478 (74%)$3,826469 (73%)$3,615529 (82%)$6,256
2018-19542 (75%)$3,778525 (73%)$3,616604 (84%)$6,144
2019-20706 (89%)$4,305539 (68%)$3,558657 (83%)$6,243
2020-21815 (85%)$4,275631 (66%)$3,670756 (79%)$6,158
2021-22851 (84%)$3,482592 (59%)$3,794736 (73%)$6,237
Average589 (74.89%)$3,841516 (67.00%)$3,601616 (79.67%)$6,168
*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, 301 (81.78 % of students) received grants or scholarships and its average amount is $4,374. It can cover 13.61% of tuition & fees ($32,134).

In addition, 318 (87.00 % of students) students get helped from the students loans (average amount : $7,174).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14327 (76%)$4,470380 (89%)$8,268
2014-15288 (75%)$4,666338 (88%)$7,795
2015-16231 (72%)$4,505277 (86%)$7,361
2016-17203 (74%)$4,150249 (91%)$6,563
2017-18300 (78%)$4,262342 (89%)$6,765
2018-19256 (72%)$4,393310 (87%)$6,783
2019-20405 (98%)$4,161359 (87%)$6,616
2020-21333 (97%)$4,550298 (87%)$7,288
2021-22367 (94%)$4,210308 (79%)$7,128
Average301 (81.78%)$4,374318 (87.00%)$7,174
*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, 270 (73.44 % of students) received Pell (federal) grants and its average amount is $4,087.

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
2013-14327 (76%)$4,18361 (14%)$582--5 (1%)$11,676
2014-15283 (74%)$4,31179 (21%)$655--6 (2%)$11,981
2015-16228 (71%)$4,27048 (15%)$727--3 (1%)$10,754
2016-17203 (74%)$3,85051 (19%)$708--2 (1%)$12,399
2017-18293 (76%)$3,98492 (24%)$770--9 (2%)$4,499
2018-19255 (71%)$3,96299 (28%)$749--6 (2%)$6,712
2019-20314 (76%)$3,878368 (89%)$851--160 (39%)$965
2020-21264 (77%)$4,103255 (74%)$625--278 (81%)$980
2021-22260 (66%)$4,24367 (17%)$932--338 (86%)$1,122
Average270 (73.44%)$4,087124 (33.44%)$733--90 (23.89%)$6,788
*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, 318 (87.00 % of students) get any students loan help and its average loan amount is $318.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14380 (89%)$8,268379 (89%)$8,01010 (2%)$10,583
2014-15338 (88%)$7,795338 (88%)$7,5646 (2%)$13,009
2015-16277 (86%)$7,361277 (86%)$7,2147 (2%)$5,823
2016-17249 (91%)$6,563249 (91%)$6,3466 (2%)$9,011
2017-18342 (89%)$6,765341 (89%)$6,6945 (1%)$6,201
2018-19310 (87%)$6,783310 (87%)$6,6136 (2%)$8,774
2019-20359 (87%)$6,616359 (87%)$6,4556 (1%)$9,605
2020-21298 (87%)$7,288298 (87%)$7,2261 (0%)$18,345
2021-22308 (79%)$7,128308 (79%)$7,128--
Average318 (87.00%)$7,174318 (87.00%)$7,0286 (1.71%)$10,169

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