Taylor Business Institute

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2022 Undergraduate Tuition
$10,350
2022 Average Net Price
$16,145
After Financial Aid
2020 Default Rate
12.8%
on Student Loans
2022 Acceptance Rate
79.4%
34 Applicants
2022 Enrolled Students
175
100% Full-Time
2022 Graduation Rate
55.6%
15 Graduates

About

The median undergraduate tuition at Taylor Business Institute is $10,350.

In 2020 the default rate for borrower's at Taylor Business Institute was 12.8%, corresponding to 6 out of the 47 total borrowers.

Costs

In 2022, the median undergraduate tuition at Taylor Business Institute is $10,350

After taking grants and loans into account, the average net price for students is $16,145.

In 2022, 13% of undergraduate students attending Taylor Business Institute received financial aid through grants. Comparatively, 10% of undergraduate students received financial aid through loans.

Tuition Costs

$10,350
2022 Undergraduate Tuition

In 2022, the cost of tuition at Taylor Business Institute was $10,350.

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Average Net Price

$16,145
2022 Value
20.8%
1 Year Growth

In 2022 Taylor Business Institute had an average net price — the price paid after factoring in grants and loans — of $16,145. Between 2021 and 2022, the average net price of Taylor Business Institute grew by 20.8%.

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Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$7,500
Room and Board
$250
Books and Supplies

The average yearly cost of room and board at Taylor Business Institute was of $7,500 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $250. The cost of books and supplies decreased by 66.7% during the same period.

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Financial Aid by Income Level

13%
Undergraduates Receiving Financial Aid through Grants
10%
Undergraduates Receiving Financial Aid through Loans

13% of undergraduate students at Taylor Business Institute received financial aid through grants or loans in 2022. This represents a decline of 45.8% with respect to 2021, when 24% of undergraduate students received financial aid.

This chart compares the average award discount at Taylor Business Institute (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
12.8%
2020 Default Rate
6
Number of Defaults

In 2020 the default rate for borrower's at Taylor Business Institute was 12.8%, which represents 6 out of the 47 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Taylor Business Institute received 34 undergraduate applications in 2022, which represents a 85.2% annual growth. Out of those 34 applicants, 27 students were accepted for enrollment, representing a 79.4% acceptance rate.

There were 175 students enrolled at Taylor Business Institute in 2022.

Taylor Business Institute has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.4%
Acceptance Rate in 2022
27
Accepted Out of 34

In 2022, the undergraduate acceptance rate of Taylor Business Institute was 79.4% (27 admissions from 34 applications). This is lower than the acceptance rate of 2021, which was 89.1%. Between 2021 and 2022, the number of applicants declined by 85.2%, while admissions declined by 86.8%.

This chart compares the acceptance rate of Taylor Business Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

N/A% of enrolled first-time students at Taylor Business Institute in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Taylor Business Institute had a total enrollment of 175 students in 2022. The full-time enrollment at Taylor Business Institute is 175 students and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Taylor Business Institute in 2022, both undergraduate and graduate, is 175 students. The full-time enrollment at Taylor Business Institute is 175 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Taylor Business Institute (in red) compares to similar universities.

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Retention Rate over Time

54%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Taylor Business Institute was 54%.

This chart shows the retention rate over time at Taylor Business Institute (highlighted in red) compares to similar universities.

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Graduates

In 2022,  the most specialized majors across all degree types at Taylor Business Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (4 degrees awarded), Engineering Technologies (2 degrees), and Business (12 degrees).

Common Jobs by Major

N/A
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are N/A.

The most specialized majors at Taylor Business Institute in 2022 are Protective Services (4 degrees awarded), Engineering Technologies (2 degrees), Business (12 degrees), and Health (5 degrees) (as of 2022).

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Highest Paying Jobs by Major

N/A
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are N/A

The most specialized majors at Taylor Business Institute are Protective Services (4 degrees awarded), Engineering Technologies (2 degrees), Business (12 degrees), and Health (5 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,805,468 people), Elementary & secondary schools (721,401 people), Computer Systems Design (563,192 people), Justice, public order, & safety activities (500,757 people), and Banking & related activities (496,073 people).

The most specialized majors at Taylor Business Institute are Protective Services (4 degrees awarded), Engineering Technologies (2 degrees), Business (12 degrees), and Health (5 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Taylor Business Institute.

In 2022, the most common associates degree concentration at Taylor Business Institute was Accounting Technology & Bookkeeping with 12 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Taylor Business Institute according to their major.

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Time to Complete

38%
100% Completion Time
68%
150% Completion Time

In 2022, 38% of students graduating from Taylor Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 69% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (18.2%)

The student demographic with the highest graduation rate in 2022 at Taylor Business Institute is Female and Black or African American (18.2% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

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Operations

Salary Expenditure

$620k
2022 Salaries
0.42%
growth from 2021

In 2022, Taylor Business Institute paid a median of $620k in salaries, a 0.42% growth from the previous year. This is compared to a 22.4% decline between 2020 and 2021, and a 15.4% decline between 2019 and 2020.

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Instructional Salaries

$155k
Instructional Salaries
4
Number of Employees

In 2022, Taylor Business Institute paid a total of $155k to 4 employees working as instructors, which represents 25% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

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