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What is the average financial aid amount at Lincoln Memorial University?

For the academic year 2022-2023, total 276 full-time, first-time students (100% 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 1,516 students (91% of all students) received grants or scholarships and the average grant amount is $17,191. In addition, 918 students received student loans and the average loan amount is $7,499.

Below tables show the number and amount by source of financial aid at Lincoln Memorial University.
All Undergraduate Student Financial Aid at Lincoln Memorial University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,51691%$17,191
Pell Grants66440%$4,564
Federal Student Loans91855%$7,499
Beginning Students (Freshmen) Financial Aid at Lincoln Memorial University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid276100%-
Grants or Scholarship from All Sources275100%$19,105
Federal Grants10538%$6,168
Pell Grants10538%$5,211
Other Federal Grants6724%$1,499
State/Local Grants11742%$5,372
Institutional Grants275100%$14,465
Student Loans14954%$6,155
Federal Student Loans14854%$5,416
Other Student Loans104%$11,553

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