Taylor Business Institute

www.tbiil.edu

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2019 Undergraduate Tuition

$14,175

0% growth from 2018

2019 Average Net Price

$10,532

After Financial Aid

2017 Student Loan

20%

Default Rate

2019 Acceptance Rate

95.5%

67 Applicants

2019 Enrolled Students

106

100% Full-Time

2018 Graduation Rate

54.6%

130 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 2019, 39 degrees were awarded across all undergraduate and graduate programs at Taylor Business Institute. 38.5% of these degrees were awarded to women, and 61.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (5 degrees), 5 times more than then the next closest race/ethnicity group, asian (1 degrees).

The median undergraduate tuition at Taylor Business Institute is $14,175, which is $6,351 more than the national average for Associates Colleges ($7,824).

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

Costs

The median undergraduate tuition at Taylor Business Institute is $14,175, which is $6,351 more than the national average for Associates Colleges ($7,824).

After taking grants and loans into account, the average net price for students is $10,532.

In 2019, 41% of undergraduate students received federal grants, while 1% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$14,175

2019 Undergraduate Tuition

In 2019, the cost of tuition at Taylor Business Institute was $14,175. The cost of tuition at Taylor Business Institute is $6,351 more than than the overall (public and private) national average for Associates Colleges ($7,824).

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

Average Net Price

$10,532

2019 Value

31.7%

1 Year Growth

In 2019 Taylor Business Institute had an average net price — the price paid after factoring in grants and loans — of $10,532. Between 2018 and 2019, the average net price of Taylor Business Institute grew by 31.7%.

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 2019. During the same period, the average yearly cost of books and supplies was $750. The cost of room and board did not change between 2018 and 2019. 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

41%

Of Undergraduates Receive Grants

Of Undergraduates Receive Federal Loans

41% of undergraduate students at Taylor Business Institute received grants or loans in 2019. This represents a growth of 36.7% with respect to 2018, when 30% 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.

20%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Taylor Business Institute was 20%, which represents 13 out of the 65 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 67 undergraduate applications in 2019, which represents a 8.22% annual decline. Out of those 67 applicants, 64 students were accepted for enrollment, representing a 95.5% acceptance rate.

There were 106 students enrolled at Taylor Business Institute in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Taylor Business Institute has an overall enrollment yield of 59.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

95.5%

Acceptance Rate in 2019

Accepted Out of 67

In 2019, the undergraduate acceptance rate of Taylor Business Institute was 95.5% (64 admissions from 67 applications). This is higher than the acceptance rate of 2018, which was 87.7%. Between 2018 and 2019, the number of applicants declined by −8.22%, while admissions stayed by 0%.

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 2019 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 106 students. The full-time enrollment at Taylor Business Institute is 106 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 28.3% Black or African American, 3.77% Hispanic or Latino, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, 0% American Indian or Alaska Native, and 0% White.

Students enrolled at Taylor Business Institute in full-time Undergraduate programs are most commonly Black or African American Female (22.6%), followed by Black or African American Male (5.66%) and Hispanic or Latino Female (2.83%). 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 106 students. The full-time enrollment at Taylor Business Institute is 106 and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time compared with 34.9% 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

72%

2019 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 72%. Compared with the full-time retention rate at similar Associates Colleges (61%), 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
4
Asian
0

The enrolled student population at Taylor Business Institute is 28.3% Black or African American, 3.77% Hispanic or Latino, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, 0% American Indian or Alaska Native, and 0% White. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 44% White, 26.9% Hispanic or Latino, and 12.5% 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 2019, 9 fewer women than men received degrees from Taylor Business Institute. The most common race/ethnicity group of degree recipients at Taylor Business Institute is black or african american (5 degrees awarded). There were 5 times more black or african american graduates than the next closest race/ethnicity group, asian (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 (13 degrees awarded), Protective Services (4 degrees), and Business (13 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 (1,450,405 people), Accountants & auditors (997,766 people), Other managers (768,954 people), Financial managers (494,182 people), and Chief executives & legislators (384,249 people).

The most specialized majors at Taylor Business Institute are Engineering Technologies (13 degrees awarded), Protective Services (4 degrees), Business (13 degrees), and Health (9 degrees).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Lawyers, & judges, magistrates, & other judicial workers, Physicians, Real estate brokers & sales agents, and Chief executives & legislators

The most specialized majors at Taylor Business Institute are Engineering Technologies (13 degrees awarded), Protective Services (4 degrees), Business (13 degrees), and Health (9 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 (1,730,667 people), Elementary & secondary schools (680,420 people), Computer Systems Design (517,579 people), Justice, public order, & safety activities (496,863 people), and Banking & related activities (493,081 people).

The most specialized majors at Taylor Business Institute are Engineering Technologies (13 degrees awarded), Protective Services (4 degrees), Business (13 degrees), and Health (9 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.

Gender Breakdown for Common Majors

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 24 degrees were awarded to men at Taylor Business Institute, which is 1.6 times more than the number of degrees awarded to females (15).

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

Most Common Male Majors

In false, 11 degrees were awarded to men at Taylor Business Institute in Electrical, Electronic, & Communications Engineering Technology, which is 5.5 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In false, 6 degrees were awarded to women at Taylor Business Institute in Health Information & Medical Records Technology, which is 2 times more than the 3 male recipients with that same degree.

Time to Complete

30%

100% Completion Time

55%

150% Completion Time

In 2019, 30% of students graduating from Taylor Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 55% completed their degrees within 150% of the normal time, and 55% 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 Gender

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 (69.1%).

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

Black or African American
5 degrees awarded
Asian
1 degrees awarded
Native Hawaiian or Other Pacific Islanders
0 degrees awarded

The most common race/ethnicity at Taylor Business Institute is black or african american (5 degrees awarded). There were 5 times more black or african american recipients than the next closest race/ethnicity group, asian (1 degrees).

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

Race & Ethnicity by Gender

Most Common Gender Demographic

Black or African American Female
5 degrees awarded
Asian Male
1 degrees awarded
Asian Female
0 degrees awarded

The most common race/ethnicity and gender grouping at Taylor Business Institute is black or african american female (5 degrees awarded). There were 5 times more black or african american female recipients than the next closest race/ethnicity group, asian male (1 degrees).

Operations

Taylor Business Institute has an endowment valued at nearly $N/A, as of the end of the 2019 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 5.92% average return ($255k on $4.3M) across all Associates Colleges.

In 2019, Taylor Business Institute had a total salary expenditure of $2.29M. 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

$N/A

2019 Endowment

growth from 2018

Taylor Business Institute has an endowment valued at about $N/A, as of the end of the 2019 fiscal year. The endowment of Taylor Business Institute stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

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 2019, 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

$939k

2019 Salaries

0.155%

decline from 2018

In 2019, Taylor Business Institute paid a median of $939k in salaries, which represents 40.9% of their overall expenditure ($2.29M) and a 0.155% decline from the previous year. This is compared to a 19.4% decline from 2017 and a 4.27% decline from 2016.

The median for similar Associates Colleges is 16.6M (44.7% of overall expenditures).

Instructional Salaries

$88.1k

Instructional Salaries

Number of Employees

In 2019, Taylor Business Institute paid a total of $88.1k to 2 employees working as instructors, which represents 9.38% of all salaries paid.

This is compared to a median of $5.1M (30.7%) 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 2019, 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 2019, 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 Gender

Most Common Demographic

Male Professor
Female Professor
false

In 2019, the most common demographic for instructional staff at Taylor Business Institute was Male Professor with 2 employees, Female Professor with 0 employees, and false with 0 employees.

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

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