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Friday, April 26, 2024

Cost of college went down for all students at Taylor Business Institute

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Tuition and fees fell 21.2 percent for 2017-18 at Taylor Business Institute, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $11,175 to attend the two-year private for-profit institution this year $3,000 less than the $14,175 charged for 2016-17.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 21 students received grants or scholarships totaling $152,775 and 21 students took out student loans totaling more than $157,500.

Including all undergraduates, 57 students used grants or scholarships totaling $414,675. Another 57 took out $427,500 in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
318
$14,325
$14,175
$14,175
$11,175
-22%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Taylor Business Institute in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
21
100%
$152,775
$7,275
State / local grant or scholarship
0
0%
$0
Institutional grants or scholarships
0
0%
$0
Grant or scholarship aid total
21
100%
$152,775
$7,275
Federal student loans
21
100%
$157,500
$7,500
Other student loans
0
0%
$0
Student loan aid
21
100%
$157,500
$7,500
Total student aid
21
100%

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