Taylor Business Institute

www.tbiil.edu

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2024 Undergraduate Tuition
$12,000
2.56% growth from 2023
2024 Average Net Price
$12,982
After Financial Aid
2024 Acceptance Rate
91.2%
57 Applicants
2024 Enrolled Students
115
100% Full-Time
2024 Graduation Rate
59.3%
16 Graduates

About

Taylor Business Institute is a higher education institution located in Cook County, IL. In 2024, the most popular Associates Degree concentrations at Taylor Business Institute were Accounting Technology & Bookkeeping (7 degrees awarded), Electrical, Electronic, & Communications Engineering Technology (4 degrees), and Health Information & Medical Records Technology (2 degrees).

In 2024, 14 degrees were awarded across all undergraduate and graduate programs at Taylor Business Institute. 42.9% of these degrees were awarded to women, and 57.1% awarded men. The most common race/ethnicity group of degree recipients was black or african american (1 degrees), 1 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

The median undergraduate tuition at Taylor Business Institute is $12,000, which is $3,816 more than the national average for Associates Colleges ($8,184).

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

Costs

In 2024, the median undergraduate tuition at Taylor Business Institute is $12,000, which is $3,816 more than the national average for Associates Colleges ($8,184).

After taking grants and loans into account, the average net price for students is $12,982.

In 2024, 4% of undergraduate students attending Taylor Business Institute received financial aid through grants. Comparatively, 2% of undergraduate students received financial aid through loans.

Tuition Costs

$12,000
2024 Undergraduate Tuition

In 2024, the cost of tuition at Taylor Business Institute was $12,000. The cost of tuition at Taylor Business Institute is $3,816 more than than the overall (public and private) national average for Associates Colleges ($8,184).

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

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Average Net Price

$12,982
2024 Value
11.9%
1 Year Growth

In 2024 Taylor Business Institute had an average net price — the price paid after factoring in grants and loans — of $12,982. Between 2023 and 2024, the average net price of Taylor Business Institute grew by 11.9%.

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.

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Financial Aid by Income Level

4%
Undergraduates Receiving Financial Aid through Grants
2%
Undergraduates Receiving Financial Aid through Loans

4% of undergraduate students at Taylor Business Institute received financial aid through grants or loans in 2024. This represents a decline of 60% with respect to 2023, when 10% 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.

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Admissions

Taylor Business Institute received 57 undergraduate applications in 2024, which represents a 104% annual growth. Out of those 57 applicants, 52 students were accepted for enrollment, representing a 91.2% acceptance rate.

There were 115 students enrolled at Taylor Business Institute in 2024.

Taylor Business Institute has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.2%
Acceptance Rate in 2024
52
Accepted Out of 57

In 2024, the undergraduate acceptance rate of Taylor Business Institute was 91.2% (52 admissions from 57 applications). This is higher than the acceptance rate of 2023, which was 89.3%. Between 2023 and 2024, the number of applicants grew by 104%, while admissions grew by 108%.

This chart compares the acceptance rate of Taylor Business Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Taylor Business Institute had a total enrollment of 115 students in 2024. The full-time enrollment at Taylor Business Institute is 115 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 3.48% Black or African American and 0.87% Hispanic or Latino.

Students enrolled at Taylor Business Institute in full-time Undergraduate programs are most commonly Black or African American Female (3.83%), followed by Hispanic or Latino Male (0.697%) and Black or African American Male (0.348%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Taylor Business Institute in 2024, both undergraduate and graduate, is 115 students. The full-time enrollment at Taylor Business Institute is 115 and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time compared with 32.1% 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.

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Retention Rate over Time

64%
2024 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 64%. Compared with the full-time retention rate at similar Associates Colleges (64%), Taylor Business Institute had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. Black or African American
    4 enrolled students
  2. Hispanic or Latino
    1 enrolled students

The enrolled student population at Taylor Business Institute is 3.48% Black or African American and 0.87% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 40.5% White, 29.2% Hispanic or Latino, and 12.8% 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.

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Graduates

In 2024, 2 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 (1 degrees awarded). There were 1 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common Associates Degree concentration at Taylor Business Institute is Accounting Technology & Bookkeeping (7 degrees awarded), followed by Electrical, Electronic, & Communications Engineering Technology (4 degrees) and Health Information & Medical Records Technology (2 degrees).

In 2024,  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 (4 degrees awarded), Business (7 degrees), and Protective Services (1 degrees).

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 (1,588,104 people), Accountants & auditors (1,030,823 people), Other managers (852,123 people), Financial managers (539,255 people), and Chief executives & legislators (427,988 people).

The most specialized majors at Taylor Business Institute in 2024 are Engineering Technologies (4 degrees awarded), Business (7 degrees), Protective Services (1 degrees), and Health (2 degrees) (as of 2024).

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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, Surgeons, Physicians, Actuaries, and Photographic process workers & processing machine operators

The most specialized majors at Taylor Business Institute are Engineering Technologies (4 degrees awarded), Business (7 degrees), Protective Services (1 degrees), and Health (2 degrees) (as of 2024).

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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 (1,946,123 people), Elementary & secondary schools (787,031 people), Computer Systems Design (642,496 people), Colleges, universities & professional schools, including junior colleges (510,903 people), and Justice, public order, & safety activities (510,414 people).

The most specialized majors at Taylor Business Institute are Engineering Technologies (4 degrees awarded), Business (7 degrees), Protective Services (1 degrees), and Health (2 degrees) (as of 2024).

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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 (2024)
  1. Accounting Technology & Bookkeeping
    7 degrees awarded
  2. Electrical, Electronic, & Communications Engineering Technology
    4 degrees awarded
  3. Health Information & Medical Records Technology
    2 degrees awarded

In 2024, the most common associates degree concentration at Taylor Business Institute was Accounting Technology & Bookkeeping with 7 degrees awarded.

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

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Sex Breakdown for Common Majors

8
Degrees Awarded to Men
in 2024
6
Degrees Awarded to Women
in 2024

In 2024, 8 degrees were awarded to men at Taylor Business Institute, which is 1.33 times more than the number of degrees awarded to females (6).

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

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Most Common Male Majors

In 2024, 4 degrees were awarded to men at Taylor Business Institute in Accounting Technology & Bookkeeping, which is 1.33 times more than the 3 female recipients with that same degree.

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Most Common Female Majors

In 2024, 3 degrees were awarded to men at Taylor Business Institute in Accounting Technology & Bookkeeping, which is 0.75 times less than the 4 male recipients with that same degree.

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Time to Complete

68%
100% Completion Time
68%
150% Completion Time

In 2024, 68% of students graduating from Taylor Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 68% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. Black or African American
    1 degrees awarded
  2. Hispanic or Latino
    1 degrees awarded

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. Hispanic or Latino Male
    1 degrees awarded
  2. Black or African American Female
    1 degrees awarded

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

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Operations

In 2024, Taylor Business Institute had a total salary expenditure of 2.1M. Taylor Business Institute employs 6 Professors. Most academics at Taylor Business Institute are Male Professor (5), and Female Professor (1).

The most common positions for non-instructional staff at Taylor Business Institute are: Office and Administrative Support, with 3 employees, Management, with 3 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

Salary Expenditure

$729k
2024 Salaries
0%
growth from 2023

In 2024, Taylor Business Institute paid a median of $729k in salaries, which represents 34.7% of their overall expenditure ($2.1M) and a 0% growth from the previous year.

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Instructional Salaries

$262k
Instructional Salaries
6
Number of Employees

In 2024, Taylor Business Institute paid a total of $262k to 6 employees working as instructors, which represents 36% of all salaries paid.

This is compared to a median of $763k (4.03%) for similar Associates Colleges.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Taylor Business Institute were Office and Administrative Support with 3 employees, Management with 3 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

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