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Laurel Business Institute Data & Information Overview

91% Acceptance Rate
5% Student Loan Default Rate
Get the facts about Laurel Business Institute. Learn how it ranks, what majors it offers, how diverse it is, and much more.
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How Well Is Laurel Business Institute Ranked?

Medical Insurance Specialist/Medical Biller Highest Ranked Major

2024 Rankings

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Overall Quality

LBI was not ranked in College Factual's 2024 Best Overall Colleges report. This could be for a number of reasons, including lack of data.

See all of the rankings for Laurel Business Institute.

Is It Hard to Get Into LBI?

91% Acceptance Rate
74% Of Accepted Are Women

Acceptance Rate

With an acceptance rate of 91%, LBI has a fairly liberal admissions policy. However, don't just assume you'll get in! Put together a good application and make sure you include all requested documents and materials.

Learn more about Laurel Business Institute admissions.

Laurel Business Institute Faculty

8 to 1 Student to Faculty
42% Full Time Teachers

Student to Faculty Ratio

The student to faculty ratio at LBI is an impressive 8 to 1. That's quite good when you compare it to the national average of 15 to 1. This is a good sign that students at the school will have more opportunities for one-on-one interactions with their professors.

Percent of Full-Time Faculty

When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.

The full-time faculty percentage at Laurel Business Institute is 42%. This is lower than the national average of 47%.

Full-Time Faculty Percent  42 out of 100
0
100

Retention and Graduation Rates at Laurel Business Institute

78% Freshmen Retention

Freshmen Retention Rate

The freshmen retention rate of 78% tells us that most first-year, full-time students like Laurel Business Institute enough to come back for another year. This is a fair bit higher than the national average of 68%. That's certainly something to check off in the good column about the school.

Freshmen Retention Rate  78 out of 100
0
100

Find out more about the retention and graduation rates at Laurel Business Institute.

Laurel Business Institute Undergraduate Student Diversity

227 Full-Time Undergraduates
7.5% Racial-Ethnic Minorities*
63.4% Percent Women

During the 2017-2018 academic year, there were 238 undergraduates at LBI with 227 being full-time and 11 being part-time.

How Much Does Laurel Business Institute Cost?

$8,525 Net Price
70% Take Out Loans
$36,224 Total Student Loans
The overall average net price of LBI is $8,525. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.

Net Price by Income Group for LBI

$0-30 K $30K-48K $48-75 $75-110K $110K +
$6,245 $7,090 $10,555 $12,772 $13,069

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of LBI, see our tuition and fees and room and board pages.

Student Loan Debt

While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At LBI, approximately 70% of students took out student loans averaging $9,056 a year. That adds up to $36,224 over four years for those students.

The student loan default rate at LBI is 5.3%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Get more details about paying for Laurel Business Institute.

How Much Money Do LBI Graduates Make?

$27,490 Avg Salary of Grads
High Earnings Boost
The pay for some majors is higher than others, but on average, students who graduate with a bachelor's degree from LBI make about $27,490 a year during their first few years of employment after graduation. This is about 35% less that the average pay for college graduates overall. However, graduates with your major may make more.

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See which majors at Laurel Business Institute make the most money.

Location of Laurel Business Institute

Pennsylvania State
227 Full-Time Undergraduates
Suburb Campus Setting
Laurel Business Institute is a private for-profit institution situated in Uniontown, Pennsylvania. Uniontown is considered a suburb and offers tranquility and safety near the excitement of a city center.

Get more details about the location of Laurel Business Institute.

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Contact details for LBI are given below.

Contact Details
Address: 11 East Penn St, Uniontown, PA 15401
Phone: 724-439-4900
Website: laurel.edu/

Laurel Business Institute Majors

7 Majors With Completions
45 Undergraduate Degrees
Learn more about the majors offered at Laurel Business Institute along with which ones have the highest average starting salaries.

Online Learning at LBI

47% Take At Least One Class Online

Online courses area a great option for busy, working students as well as for those who have scheduling conflicts and want to study on their own time. As time goes by, expect to see more and more online learning options become available.

In 2020-2021, 135 students took at least one online class at Laurel Business Institute. This is an increase from the 128 students who took online classes the previous year.

Year Took at Least One Online Class Took All Classes Online
2020-2021 135 0
2019-2020 128 0
2018-2019 130 7
2017-2018 110 0
2016-2017 0 0

Learn more about online learning at Laurel Business Institute.

Notes and References

Footnotes

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

References

More about our data sources and methodologies.

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