How much is the Taylor Business Institute tuition? For the academic year 2023-2024, Taylor Business Institute's tuition & fees is $12,000.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $24,650 when a student lives off-campus.
Taylor Business Institute Tuition & Expenses
| 2022-2023 Rate |
|---|
| Tuition & Fees | $12,000 |
|---|
| Books & Supplies Costs | $250 |
|---|
| Off-campus Room & Board | $7,500 |
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| Off-campus Expenses | $4,900 |
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| 2023-2024 Estimates |
|---|
| Tuition & Fees | $13,521 |
|---|
Average Tuition By School Type and Comparison
Compared to 2-4 years schools nationwide, Taylor Business Institute' tuition is much lower than the average tuition of $20,937. Compared to private, 2-4 years colleges in Illinois, its tuition is much lower than the average tuition of $21,542.
| In-State | Out-of-State |
|---|
| Taylor Business Institute | $12,000 |
|---|
| U.S. 2-4 Years Colleges | $18,672 |
|---|
| Public Schools | $7,199 | $12,960 |
|---|
| Private Schools | $20,937 |
|---|
| Illinois 2-4 Years Colleges | $19,795 |
|---|
| Public Schools | $10,585 | $13,638 |
|---|
| Private Schools | $21,542 |
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Compare Similar School's Tuition
The next table compares the tuition & fees between Taylor Business Institute and similar schools. The similar colleges are selected by school type & level (private, 2-4 years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
| Location | Tuition & Fees |
|---|
| Taylor Business Institute | Chicago, IL | $12,000 |
|---|
| Fox College | Tinley Park, IL | $17,190 |
|---|
| Olney Central College | Olney, IL | $12,340 |
|---|
| Illinois Valley Community College | Oglesby, IL | $14,981 |
|---|
| Morton College | Cicero, IL | $11,028 |
|---|
Tuition Trends Over Past 10 Years
The undergraduate tuition & fees of Taylor Business Institute has increased by -21.11% over the past 10 years from $13,500 to $12,000.
The living costs increased by 0.00% last year and 22.47% over the past 10 years.
Financial Aid and COA
At Taylor Business Institute, 30 students (13%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $6,839.
After receiving financial aid, the cost of attendance (COA) at Taylor Business Institute is $17,811 for students living off-campus.
For beginning students (i.e. first-time freshmen), 13 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $6,578 and the average amount of student loans is $2,738.
The financial aid data is based on 2021-2022 statistics from IPEDS.
Admission Stats and Requirements to Apply
Taylor Business Institute's acceptance rate is 89.13%. A total of 230 applicants applied to and 205 students were accepted. Of the admitted students, 127 enrolled finally, and the yield (i.e. enrollment rate) is 61.95%.
To apply to Taylor Business Institute, 2 items are required - Secondary school record, Other Test (Wonderlic, WISC-III and etc.).
Student Population
Taylor Business Institute has a total of 175 students (all undergraduate). By gender, there are 119 male students and 112 female students attending Taylor Business Institute.
| Total | Male | Female |
|---|
| Undergraduate | 231 |
119 | 112 |
|---|
Directory & Academic Information
| Directory Information |
|---|
| Address | 180 North Wabash Avenue, Fifth Floor, Chicago, IL |
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| Phone | 312-658-5100 |
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| WEB | www.tbiil.edu |
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| Degree & Programs |
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| Degree | Undergraduate |
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| Program Offered | 4 Programs |
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| Academic Stats |
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| Acceptance Rate | 79.41% |
|---|
| Yield | 100.00% |
|---|
| Student Population | 175 |
|---|
| Graduation Rate | 55% |
|---|
| Retention Rate | 54% |
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| Students to Faculty Ratio Rate | 13 to 1 |
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| Faculty & Staffs |
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| Number of Faculties | 2 (Full-time), 14 (Part-time) |
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| Number of Staffs | 10 (Full-time), 21 (Part-time) |
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| Average Faculty Salary | $38,250 |
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| Average Staff Salary | $46,262 |
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