by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Taylor Business Institute can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Taylor Business Institute offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Taylor Business Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
At Taylor Business Institute, 18% of first-time, full-time freshmen received some form of financial aid some 4 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 18% | $9,793 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 18% | $6,433 |
| State/local grants | 0% | — |
| Federal student loans | 9% | $8,662 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 4% of the undergraduate population received grant aid that averaged $9,362 (across approximately 7 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 4% | $9,362 |
| Federal Pell grants | 4% | $6,141 |
| Federal student loans | 2% | $9,528 |
On-campus students receiving title-IV aid were awarded grants averaging $9,793.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,735 |
| $30,001 – $75,000 | $14,353 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,982 |
| Off-campus title-IV students | $14,735 |
For a customized cost estimate, visit Taylor Business Institute’s NPC: www.tbiil.edu/NetPriceCalculator/.
The median federal debt load at Taylor Business Institute comes to $4,554 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,554 |
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Taylor Business Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,686 |
| 25th percentile | $3,167 |
| 75th percentile | $18,109 |
| 90th percentile (highest-debt students) | $24,225 |
The figure below distills the debt data into a single burden category for Taylor Business Institute.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Taylor Business Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2356 |
| Total Stafford loan amount | $29,405,390 |
References
More about our data sources and methodologies.