Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 580, which is 73.11 % of all undergraduate students. 603 students which is 76.89% of undergraduate students received federal student loans and the average loan amount is $7,098.

For full-time, first-time beginning students (freshmen), 80.56% 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-New Britain since 2013.

For that period, the average number of students who received grants aid/scholarships is 580, which is 73.11 % of all undergraduate students. 603 students which is 76.89% of undergraduate students received federal student loans and the average loan amount is $7,098.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14458 (67%)$3,538456 (66%)$3,375499 (73%)$7,289
2014-15447 (68%)$3,899444 (68%)$3,668540 (82%)$7,129
2015-16450 (66%)$4,123441 (64%)$3,892519 (76%)$7,539
2016-17519 (68%)$4,130516 (67%)$3,916569 (74%)$6,950
2017-18532 (69%)$3,751513 (66%)$3,786583 (75%)$6,850
2018-19526 (67%)$3,732481 (61%)$3,941630 (80%)$6,704
2019-20735 (87%)$4,676552 (65%)$3,987667 (79%)$6,726
2020-21749 (83%)$4,211546 (61%)$4,064674 (75%)$7,154
2021-22803 (83%)$3,817624 (65%)$3,875749 (78%)$7,540
Average580 (73.11%)$3,986508 (64.78%)$3,834603 (76.89%)$7,098
*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, 295 (80.56 % of students) received grants or scholarships and its average amount is $4,367. It can cover 13.37% of tuition & fees ($32,663).

In addition, 287 (79.33 % of students) students get helped from the students loans (average amount : $7,994).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14219 (71%)$4,493251 (82%)$9,689
2014-15245 (78%)$4,617256 (81%)$8,339
2015-16265 (73%)$4,649292 (81%)$8,531
2016-17327 (74%)$4,408320 (73%)$7,923
2017-18309 (77%)$4,148304 (76%)$7,532
2018-19231 (69%)$4,572279 (84%)$7,179
2019-20421 (98%)$4,185326 (76%)$7,266
2020-21309 (95%)$4,080268 (83%)$7,651
2021-22329 (90%)$4,153286 (78%)$7,838
Average295 (80.56%)$4,367287 (79.33%)$7,994
*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, 265 (72.67 % of students) received Pell (federal) grants and its average amount is $4,217.

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
2013-14219 (71%)$4,17042 (14%)$292--4 (1%)$14,619
2014-15242 (77%)$4,284141 (45%)$362--3 (1%)$14,473
2015-16262 (72%)$4,28790 (25%)$397--4 (1%)$18,208
2016-17326 (74%)$4,271167 (38%)$242--4 (1%)$2,139
2017-18306 (76%)$4,057139 (35%)$277--1 (0%)$2,000
2018-19231 (69%)$4,330127 (38%)$394--3 (1%)$1,888
2019-20305 (71%)$4,268389 (90%)$573--282 (66%)$842
2020-21234 (72%)$4,337247 (76%)$403--161 (50%)$908
2021-22264 (72%)$3,950141 (39%)$325--249 (68%)$1,115
Average265 (72.67%)$4,217165 (44.44%)$363--79 (23.63%)$6,244
*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, 287 (79.33 % of students) get any students loan help and its average loan amount is $287.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14251 (82%)$9,689248 (81%)$9,19316 (5%)$9,502
2014-15256 (81%)$8,339255 (81%)$8,2643 (1%)$9,114
2015-16292 (81%)$8,531292 (81%)$8,3634 (1%)$12,267
2016-17320 (73%)$7,923320 (73%)$7,923--
2017-18304 (76%)$7,532304 (76%)$7,532--
2018-19279 (84%)$7,179279 (84%)$7,179--
2019-20326 (76%)$7,266326 (76%)$7,266--
2020-21268 (83%)$7,651268 (83%)$7,651--
2021-22286 (78%)$7,838286 (78%)$7,838--
Average287 (79.33%)$7,994286 (79.22%)$7,9128 (2.33%)$10,294

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