For the academic year 2022-2023, total 251 full-time, first-time students (69% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,721 students (38% of all students) received grants or scholarships and the average grant amount is $5,342. In addition, 636 students received student loans and the average loan amount is $6,316.
Below tables show the number and amount by source of financial aid at Lamar Institute of Technology.
For all undergraduate students, total 1,721 students (38% of all students) received grants or scholarships and the average grant amount is $5,342. In addition, 636 students received student loans and the average loan amount is $6,316.
Below tables show the number and amount by source of financial aid at Lamar Institute of Technology.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Federal, state, local, institutional or other grant aid | 1,721 | 38% | $5,342 |
Pell Grants | 1,314 | 29% | $5,041 |
Federal Student Loans | 636 | 14% | $6,316 |
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 251 | 69% | - |
Grants or Scholarship from All Sources | 251 | 69% | $4,794 |
Federal Grants | 195 | 54% | $4,833 |
Pell Grants | 178 | 49% | $5,042 |
Other Federal Grants | 23 | 6% | $1,957 |
State/Local Grants | 37 | 10% | $2,820 |
Institutional Grants | 75 | 21% | $2,088 |
Student Loans | 74 | 20% | $5,991 |
Federal Student Loans | 74 | 20% | $5,991 |
Other Student Loans | 0 | 0% | $0 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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