by our College Data Analytics TeamThis overview lays out the cost of attending Laurel Business Institute, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.
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The total published cost of attendance at Laurel Business Institute amounts to about $15,304.00 annually.
Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.
| Tuition and fees | $13,713.00 |
| + Room, board & other expenses | $1,591.00 |
| Total cost | $15,304.00 |
| That is 53% below the national average net price. |
| Total cost | $15,304.00 |
| − Grants and scholarships | −$7,658.00 |
| Net price | $7,646.00 |
| That is 77% below the national average net price. |
| Total cost | $15,304.00 |
| − Grants and scholarships | −$8,210.00 |
| Net price | $7,094.00 |
| That is 78% below the national average net price. | |
| Explore each piece on the tuition & fees page plus room and board. |
The reported cost series has been increasing by roughly 8.0% a year, so a full degree will cost more than a single year — the tables below carry that forward. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The loan rows amortise the projected total over a ten-year, 6.8% repayment.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 8.0% | 8.0% | 8.0% |
| Freshman year | $7,664.00 | $8,261.00 | $16,534.00 |
| Senior year | $9,665.00 | $10,417.00 | $20,850.00 |
| Total 4-year net price | $34,555.00 | $37,244.00 | $74,546.00 |
| 10-year loan interest @ 6.8% | $13,164.00 | $14,189.00 | $28,399.00 |
| Total monthly payment | $398.00 | $429.00 | $858.00 |
| Total amount paid | $47,719.00 | $51,432.00 | $102,945.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 8.0% | 8.0% | 8.0% |
| Freshman year | $7,664.00 | $8,261.00 | $16,534.00 |
| Senior year | $8,280.00 | $8,925.00 | $17,863.00 |
| Total 2-year net price | $15,944.00 | $17,185.00 | $34,397.00 |
| 10-year loan interest @ 6.8% | $6,074.00 | $6,547.00 | $13,104.00 |
| Total monthly payment | $183.00 | $198.00 | $396.00 |
| Total amount paid | $22,019.00 | $23,732.00 | $47,501.00 |
Jump to the net-price detail in the net price section below.
Net price reflects the true cost to attend after grant and scholarship aid is deducted. It is usually a better planning number than the sticker cost above.
| Average net price (on-campus) | $7,825.00 |
| Average net price (off-campus) | $10,086.00 |
What families actually pay shifts with income, since need-based grants are larger for lower-income students. Below, average net price is broken out by family income:
| Family income | Average net price |
|---|---|
| Under $30,000 | $6,671.00 |
| $30,000 to $48,000 | $7,776.00 |
| $48,001 to $75,000 | $11,356.00 |
| $75,001 to $110,000 | $13,362.00 |
| Over $110,000 | $14,300.00 |
Run your own numbers with the Laurel Business Institute Net Price Calculator, or get in touch with the financial aid office.
Curious how grants and scholarships are distributed? Explore the financial aid page.
The typical debt load for borrowers leaving Laurel Business Institute comes to $9,500.00, which the Department of Education classifies as a Very Low (<$10k) debt-burden bucket.
Here’s how debt at graduation distributes across borrowers:
| Percentile | Debt at graduation |
|---|---|
| 10th | $2,927.00 |
| 25th | $5,500.00 |
| Median (50th) | $9,500.00 |
| 75th | $13,673.00 |
| 90th | $19,604.00 |
How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.
Explore borrowing, repayment, and default in detail on the student loan debt detail.
Debt at graduation is far from uniform across income levels. Below the data splits borrowers across three income groups:
| Family income | Median debt at graduation |
|---|---|
| Low income | $8,750.00 |
| Middle income | $11,891.00 |
| High income | $12,000.00 |
Debt at graduation often differs for first-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $9,421.00 |
| Continuing-generation students | $11,282.00 |
Pell Grants are the federal government’s primary need-based undergraduate aid program. Contrasting Pell and non-Pell borrowers shows how need shapes debt.
The Pell vs non-Pell debt gap at Laurel Business Institute works out to $-2,997.00.
The Department of Education default-rate tier for Laurel Business Institute is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 11.5% |
To give some context for these rates, Stafford loans disbursed at Laurel Business Institute come to $25,871,389.00 over 2,529 borrowers.
Veteran and active-military students often access dedicated federal aid programs including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 9 |
| Avg GI Bill amount | $10,651.00 |
Dig into veteran education benefits on the veterans benefits detail.
Numbers only tell part of the story. As you weigh Laurel Business Institute, think through the questions below:
Each page below covers one part of paying for college in more detail:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.