Taylor Business Institute

www.tbiil.edu

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2020 Undergraduate Tuition

$10,350

27% growth from 2019

2020 Average Net Price

$12,062

After Financial Aid

2018 Student Loan

17.6%

Default Rate

2020 Acceptance Rate

89.3%

75 Applicants

2020 Enrolled Students

100

100% Full-Time

2020 Graduation Rate

62.7%

111 Graduates

About

Taylor Business Institute is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at Taylor Business Institute were .

In 2020, 41 degrees were awarded across all undergraduate and graduate programs at Taylor Business Institute. 31.7% of these degrees were awarded to women, and 68.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (2 degrees), 2 times more than then the next closest race/ethnicity group, black or african american (1 degrees).

The median undergraduate tuition at Taylor Business Institute is $10,350, which is $2,370 more than the national average for Associates Colleges ($7,980).

Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Associates Colleges

Costs

The median undergraduate tuition at Taylor Business Institute is $10,350, which is $2,370 more than the national average for Associates Colleges ($7,980).

After taking grants and loans into account, the average net price for students is $12,062.

In 2020, 23% of undergraduate students attending Taylor Business Institute received financial aid through grants. Comparatively, 8% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$10,350

2020 Undergraduate Tuition

In 2020, the cost of tuition at Taylor Business Institute was $10,350. The cost of tuition at Taylor Business Institute is $2,370 more than than the overall (public and private) national average for Associates Colleges ($7,980).

This chart compares the tuition costs of Taylor Business Institute (in red) with those of other similar universities.

Average Net Price

$12,062

2020 Value

14.5%

1 Year Growth

In 2020 Taylor Business Institute had an average net price — the price paid after factoring in grants and loans — of $12,062. Between 2019 and 2020, the average net price of Taylor Business Institute grew by 14.5%.

This chart compares the average net price of Taylor Business Institute (in red) with that of other similar universities.

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.

Other Student Expenses

$7,500

Room and Board

$750

Books and Supplies

The average yearly cost of room and board at Taylor Business Institute was of $7,500 in 2020. During the same period, the average yearly cost of books and supplies was $750. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Taylor Business Institute (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

23%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

23% of undergraduate students at Taylor Business Institute received financial aid through grants or loans in 2020. This represents a decline of 43.9% with respect to 2019, when 41% 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.

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.

17.6%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Taylor Business Institute was 17.6%, which represents 6 out of the 34 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.

Admissions

Taylor Business Institute received 75 undergraduate applications in 2020, which represents a 11.9% annual growth. Out of those 75 applicants, 67 students were accepted for enrollment, representing a 89.3% acceptance rate.

There were 100 students enrolled at Taylor Business Institute in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Taylor Business Institute has an overall enrollment yield of 79.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.3%

Acceptance Rate in 2020

Accepted Out of 75

In 2020, the undergraduate acceptance rate of Taylor Business Institute was 89.3% (67 admissions from 75 applications). This is lower than the acceptance rate of 2019, which was 95.5%. Between 2019 and 2020, the number of applicants grew by 11.9%, while admissions grew by 4.69%.

This chart compares the acceptance rate of Taylor Business Institute (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Taylor Business Institute in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

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

The enrolled student population at Taylor Business Institute, both undergraduate and graduate, is 30% Black or African American, 2% Hispanic or Latino, 2% White, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Taylor Business Institute in full-time Undergraduate programs are most commonly Black or African American Female (22%), followed by Black or African American Male (8%) and Hispanic or Latino Female (2%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Taylor Business Institute, both undergraduate and graduate, is 100 students. The full-time enrollment at Taylor Business Institute is 100 and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time compared with 34.4% at similar Associates Colleges.

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

Retention Rate over Time

76%

2020 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 76%. Compared with the full-time retention rate at similar Associates Colleges (60%), Taylor Business Institute had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Black or African American
30
Hispanic or Latino
2
White
2

The enrolled student population at Taylor Business Institute is 30% Black or African American, 2% Hispanic or Latino, 2% White, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 44.5% White, 26.8% Hispanic or Latino, and 12.2% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

Graduates

In 2020, 15 fewer women than men received degrees from Taylor Business Institute. The most common race/ethnicity group of degree recipients at Taylor Business Institute is hispanic or latino (2 degrees awarded). There were 2 times more hispanic or latino graduates than the next closest race/ethnicity group, black or african american (1 degrees).

The most common Bachelor's Degree concentration at Taylor Business Institute is N/A, followed by N/A and N/A.

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 Engineering Technologies (17 degrees awarded), Business (19 degrees), and Protective Services (1 degrees).

Workforce

Common Jobs by Major

Registered nurses

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 Registered nurses (1,371,455 people), Accountants & auditors (1,040,736 people), Other managers (701,495 people), Financial managers (449,694 people), and Chief executives & legislators (353,631 people).

The most specialized majors at Taylor Business Institute are Engineering Technologies (17 degrees awarded), Business (19 degrees), Protective Services (1 degrees), and Health (4 degrees).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

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 Cardiovascular technologists and technicians, Physicians, Surgeons, Economists, and Magnetic resonance imaging technologists

The most specialized majors at Taylor Business Institute are Engineering Technologies (17 degrees awarded), Business (19 degrees), Protective Services (1 degrees), and Health (4 degrees).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

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 (1,719,326 people), Elementary & secondary schools (657,394 people), Banking & related activities (484,633 people), Computer Systems Design (476,384 people), and Justice, public order, & safety activities (469,910 people).

The most specialized majors at Taylor Business Institute are Engineering Technologies (17 degrees awarded), Business (19 degrees), Protective Services (1 degrees), and Health (4 degrees).

Degrees

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.

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Taylor Business Institute was N/A with N/A degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 28 degrees were awarded to men at Taylor Business Institute, which is 2.15 times more than the number of degrees awarded to females (13).

This chart displays the sex disparity between the top 5 majors at Taylor Business Institute by degrees awarded.

Most Common Male Majors

In false, 16 degrees were awarded to men at Taylor Business Institute in Electrical, Electronic, & Communications Engineering Technology, which is 16 times more than the 1 female recipients with that same degree.

Most Common Female Majors

In false, 8 degrees were awarded to women at Taylor Business Institute in Accounting Technology & Bookkeeping, which is 0.727 times less than the 11 male recipients with that same degree.

Time to Complete

50%

100% Completion Time

62%

150% Completion Time

In 2020, 50% of students graduating from Taylor Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 62% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Taylor Business Institute is Male and Hispanic or Latino (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.4%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Hispanic or Latino
2 degrees awarded
Black or African American
1 degrees awarded
White
1 degrees awarded

The most common race/ethnicity at Taylor Business Institute is hispanic or latino (2 degrees awarded). There were 2 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (1 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

Black or African American Male
1 degrees awarded
Hispanic or Latino Male
1 degrees awarded
Hispanic or Latino Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Taylor Business Institute is black or african american male (1 degrees awarded). There were 1 times more black or african american male recipients than the next closest race/ethnicity group, hispanic or latino male (1 degrees).

Operations

Taylor Business Institute has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 5.11% average return ($226k on $4.42M) across all Associates Colleges.

In 2020, Taylor Business Institute had a total salary expenditure of $2.15M. Taylor Business Institute employs 2 Professors, 0 N/A, and 0 N/A. Most academics at Taylor Business Institute are Male Professors (2), Female Professors(0), and N/A (0).

The most common positions for non-instructional staff at Taylor Business Institute are: Management, with 4 employees, Office and Administrative Support, with 2 employees, and Sales and related with 1 employees.

Finances

Endowment

growth from 2019

This line chart shows how the endowment at Taylor Business Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Taylor Business Institute received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$795k

2020 Salaries

15.4%

decline from 2019

In 2020, Taylor Business Institute paid a median of $795k in salaries, which represents 37% of their overall expenditure ($2.15M) and a 15.4% decline from the previous year. This is compared to a 0.155% decline from 2018 and a 19.4% decline from 2017.

The median for similar Associates Colleges is 16.8M (43.6% of overall expenditures).

Instructional Salaries

$88.1k

Instructional Salaries

Number of Employees

In 2020, Taylor Business Institute paid a total of $88.1k to 2 employees working as instructors, which represents 11.1% of all salaries paid.

This is compared to a median of $4.98M (29.6%) for similar Associates Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

2 Employees

Management

Most Common Non-Instructional Employee

4 Employees

In 2020, the most common positions for instructional staff at Taylor Business Institute were Professor with 2 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Taylor Business Institute were Management with 4 employees; Office and Administrative Support with 2 employees; and Sales and related with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Professor

In 2020, the most common demographic for instructional staff at Taylor Business Institute was Male Professor with 2 employees, and Female Professor with 0 employees.

This chart shows the sex split between each academic rank present at Taylor Business Institute.

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