Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 777, which is 65.44 % of all undergraduate students. 841 students which is 71.78% of undergraduate students received federal student loans and the average loan amount is $7,464.

For full-time, first-time beginning students (freshmen), 73.11% of students received grants or scholarships and 79% 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-Mahwah since 2013.

For that period, the average number of students who received grants aid/scholarships is 777, which is 65.44 % of all undergraduate students. 841 students which is 71.78% of undergraduate students received federal student loans and the average loan amount is $7,464.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14523 (56%)$4,105500 (54%)$3,922683 (74%)$7,716
2014-15592 (57%)$4,132577 (56%)$3,899785 (76%)$7,815
2015-16651 (56%)$4,366640 (55%)$4,114871 (75%)$7,416
2016-17739 (60%)$4,219725 (59%)$3,976870 (71%)$7,324
2017-18777 (64%)$4,087738 (61%)$4,024846 (70%)$6,859
2018-19797 (67%)$4,010679 (57%)$4,299835 (70%)$7,210
2019-20905 (80%)$4,883612 (54%)$4,233788 (70%)$7,469
2020-211,064 (80%)$4,409724 (54%)$4,166934 (70%)$7,706
2021-22942 (69%)$4,217694 (51%)$4,164953 (70%)$7,665
Average777 (65.44%)$4,270654 (55.67%)$4,089841 (71.78%)$7,464
*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, 428 (73.11 % of students) received grants or scholarships and its average amount is $4,658. It can cover 16.39% of tuition & fees ($28,425).

In addition, 459 (78.56 % of students) students get helped from the students loans (average amount : $8,559).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14303 (66%)$4,524356 (78%)$9,222
2014-15352 (64%)$4,588457 (83%)$8,723
2015-16400 (63%)$4,696526 (82%)$8,408
2016-17406 (67%)$4,581489 (80%)$8,718
2017-18411 (65%)$4,576479 (76%)$7,812
2018-19373 (66%)$4,808437 (77%)$8,075
2019-20596 (95%)$4,625491 (78%)$8,415
2020-21620 (94%)$4,376502 (76%)$8,905
2021-22393 (78%)$5,147390 (77%)$8,750
Average428 (73.11%)$4,658459 (78.56%)$8,559
*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, 363 (62.22 % of students) received Pell (federal) grants and its average amount is $4,394.

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
2013-14286 (63%)$4,25642 (9%)$838--34 (7%)$3,484
2014-15340 (62%)$4,243106 (19%)$477--27 (5%)$4,513
2015-16390 (61%)$4,35936 (6%)$813--26 (4%)$5,736
2016-17392 (64%)$4,198120 (20%)$815--25 (4%)$4,666
2017-18403 (64%)$4,27583 (13%)$805--22 (3%)$4,144
2018-19352 (62%)$4,51791 (16%)$880--34 (6%)$3,631
2019-20394 (63%)$4,555532 (85%)$816--293 (47%)$1,803
2020-21413 (63%)$4,498473 (72%)$595--349 (53%)$1,645
2021-22296 (58%)$4,64493 (18%)$909--262 (52%)$2,152
Average363 (62.22%)$4,394175 (28.67%)$772--119 (20.11%)$3,530
*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, 459 (78.56 % of students) get any students loan help and its average loan amount is $459.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14356 (78%)$9,222356 (78%)$9,222--
2014-15457 (83%)$8,723457 (83%)$8,6991 (0%)$10,889
2015-16526 (82%)$8,408525 (82%)$8,2984 (1%)$16,511
2016-17489 (80%)$8,718489 (80%)$8,6841 (0%)$16,490
2017-18479 (76%)$7,812478 (76%)$7,7941 (0%)$16,439
2018-19437 (77%)$8,075437 (77%)$8,075--
2019-20491 (78%)$8,415491 (78%)$8,3771 (0%)$18,500
2020-21502 (76%)$8,905502 (76%)$8,905--
2021-22390 (77%)$8,750390 (77%)$8,750--
Average459 (78.56%)$8,559458 (78.56%)$8,5342 (1.00%)$15,766

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