Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 781, which is 74.89 % of all undergraduate students. 859 students which is 82.67% of undergraduate students received federal student loans and the average loan amount is $6,597.

For full-time, first-time beginning students (freshmen), 84.00% of students received grants or scholarships and 89% 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-Lincoln since 2013.

For that period, the average number of students who received grants aid/scholarships is 781, which is 74.89 % of all undergraduate students. 859 students which is 82.67% of undergraduate students received federal student loans and the average loan amount is $6,597.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14783 (78%)$3,859742 (74%)$3,824840 (83%)$6,061
2014-15754 (77%)$3,666735 (75%)$3,535825 (84%)$6,006
2015-16677 (74%)$3,671673 (74%)$3,581793 (87%)$6,118
2016-17625 (68%)$4,046619 (67%)$3,865757 (82%)$6,711
2017-18638 (69%)$4,055622 (67%)$4,006745 (81%)$7,013
2018-19718 (71%)$3,951677 (67%)$4,023846 (84%)$6,729
2019-20928 (87%)$4,552730 (68%)$3,917880 (82%)$7,112
2020-211,022 (78%)$4,038821 (63%)$3,9681,051 (80%)$7,035
2021-22885 (72%)$3,721794 (65%)$3,649997 (81%)$6,590
Average781 (74.89%)$3,951713 (68.89%)$3,819859 (82.67%)$6,597
*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, 422 (84.00 % of students) received grants or scholarships and its average amount is $4,283. It can cover 14.07% of tuition & fees ($30,446).

In addition, 446 (88.78 % of students) students get helped from the students loans (average amount : $7,579).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14462 (86%)$4,531489 (91%)$7,278
2014-15418 (84%)$4,157460 (92%)$7,128
2015-16386 (80%)$4,188439 (91%)$7,463
2016-17359 (75%)$4,508419 (88%)$7,521
2017-18408 (80%)$4,400466 (91%)$7,545
2018-19388 (78%)$4,345447 (89%)$7,331
2019-20579 (97%)$4,152516 (86%)$7,775
2020-21438 (94%)$3,955407 (87%)$8,290
2021-22359 (82%)$4,312368 (84%)$7,876
Average422 (84.00%)$4,283446 (88.78%)$7,579
*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, 388 (77.56 % of students) received Pell (federal) grants and its average amount is $4,191.

In addition, 67 students received State/local government grants/scholarships (13.00 % 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
2013-14450 (84%)$4,43874 (14%)$39673 (14%)$5915 (1%)$4,767
2014-15413 (83%)$3,93487 (17%)$47461 (12%)$4217 (1%)$6,530
2015-16385 (80%)$4,025108 (22%)$408--4 (1%)$5,708
2016-17354 (74%)$4,218166 (35%)$477--4 (1%)$11,560
2017-18407 (80%)$4,200172 (34%)$499----
2018-19388 (78%)$4,128168 (34%)$501----
2019-20434 (73%)$4,236540 (90%)$746--132 (22%)$1,231
2020-21348 (74%)$4,390344 (74%)$506--33 (7%)$925
2021-22313 (72%)$4,146117 (27%)$506--187 (43%)$1,021
Average388 (77.56%)$4,191197 (38.56%)$50167 (13.00%)$50653 (10.86%)$4,535
*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, 446 (88.78 % of students) get any students loan help and its average loan amount is $446.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14489 (91%)$7,278489 (91%)$7,2541 (0%)$11,415
2014-15460 (92%)$7,128460 (92%)$7,128--
2015-16439 (91%)$7,463439 (91%)$7,463--
2016-17419 (88%)$7,521419 (88%)$7,521--
2017-18466 (91%)$7,545466 (91%)$7,545--
2018-19447 (89%)$7,331447 (89%)$7,331--
2019-20516 (86%)$7,775516 (86%)$7,775--
2020-21407 (87%)$8,290407 (87%)$8,290--
2021-22368 (84%)$7,876368 (84%)$7,876--
Average446 (88.78%)$7,579446 (88.78%)$7,5761 (0.00%)$11,415

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