Number Received Financial Aid (All Undergraduate)
1,425
Percent Received Financial Aid(All Undergraduate)
91%
Average Aid Amount
$18,599
Number Received Financial Aid (Freshmen)
312
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at LMU
For the academic year 2023-2024, a total of 1,425 students (91% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $18,599. For freshmen (Full-time, first-time degree-seeking undergraduate students), 312 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Lincoln Memorial University is $26,938, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,425 students (91% of all students) have received grants or scholarships and the average received aid amount is $18,599. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Lincoln Memorial University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,425 | 91% | $18,599 |
| Pell Grants | 567 | 36% | $4,891 |
| Federal Student Loans | 848 | 54% | $7,348 |
Beginning Students Financial Aid
a total of 312 beginning students (100% of all freshmen) have received any financial aid and 311 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Lincoln Memorial University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 312 | 100% | - |
| Grants or Scholarship from All Sources | 311 | 100% | $20,585 |
| Federal Grants | 121 | 39% | $6,284 |
| Pell Grants | 121 | 39% | $5,360 |
| Other Federal Grants | 72 | 23% | $1,553 |
| State/Local Grants | 157 | 50% | $6,367 |
| Institutional Grants | 309 | 99% | $15,022 |
| Student Loans | 160 | 51% | $6,888 |
| Federal Student Loans | 159 | 51% | $5,304 |
| Other Student Loans | 17 | 5% | $15,222 |
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