Taylor Business Institute is a private for-profit two-year college in Chicago, Illinois, enrolling about 98 students. The college offers associate degrees, career certificates, and transfer pathways to four-year universities. Typical net price after grant aid is about $12,982 for students who receive it, compared with published tuition near $12,000. Student demographics in federal data include Non-Resident Alien (94.9%) and Black or African American (4.1%) among the largest enrollment groups.

Key Facts

  • 2024 Undergraduate Tuition: $12,000
  • 2024 Average Net Price: $12,982 After Financial Aid
  • 2024 Acceptance Rate: 91.23% Moderate Selectivity
  • 2024 Enrolled Students: 98 100.0% Full-Time
  • 2024 Graduation Rate: 59.26%
  • Carnegie Classification: Associate's Colleges: High Vocational & Technical-Mixed Traditional/Nontraditional
  • First-Generation Students: 52.0%
  • Tuition trend: In-state tuition increase of 12.7% from 2022 to 2023 (College Scorecard).
  • Net price trend: Average net price decrease of 8.7% from 2022 to 2023 (College Scorecard).
  • Full-Time Faculty: 42.9%
  • Undergraduate Enrollment: 301
  • Applicants (IPEDS): 28
  • Room & Board: $7,500 annual estimate

Taylor Business Institute: what the data shows

Common questions about Taylor Business Institute, answered from College Scorecard and IPEDS in this repository.

Where is Taylor Business Institute?

Taylor Business Institute is located in Chicago, IL (ZIP 60602).

NCES locale classification: City.

Is Taylor Business Institute public or private?

Taylor Business Institute is a Private For-profit institution.

How much does Taylor Business Institute cost?

Published tuition: $12,000.

Average net price after aid: $12,982.

Family income bandAvg. net price
Family income $0–$30,000$12,982

Sticker tuition × four years (estimate, no room/board): $48,000.

How hard is it to get into Taylor Business Institute?

Admission rate: 91.23%.

Scorecard does not publish admitted-student GPA for most institutions.

How big is Taylor Business Institute?

Total enrollment: 98 students.

Undergraduate enrollment: 301 students.

About 100% enroll full-time in our extract.

What is the graduation rate at Taylor Business Institute?

150%-time completion rate: 59.26%.

First-year retention: 63.6%.

What do graduates of Taylor Business Institute earn?

Median earnings: $19,077 six years after entry; $25,559 ten years after entry (College Scorecard).

How much debt do students have?

4.32% of students receive Pell grants.

What is Taylor Business Institute known for?

Largest IPEDS program completions at this institution:

See ROI & Programs for more.

Is Taylor Business Institute a good school?

We do not score schools on opinion. Federal data in our extract show admission rate 91.23%; completion rate 59.26%; median earnings $25,559 at 10 years; net price $12,982. Compare these figures to your cost, aid, and career goals.

Tuition & Cost

Tuition Costs

$12,000
2024 Undergraduate Tuition

In 2024, the cost of tuition at Taylor Business Institute was $12,000.

Tuition comparison with similar institutions.

Average Net Price

$12,982
2024 Value

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

Average net price comparison with similar institutions.

Total Cost of Attendance

$51,928 Estimated 4-Year Total Cost

$12,982 Average Annual Net Price (after aid)

$48,000 4-Year Tuition

$7,500 Room & Board (annual, on-campus estimate)

$200 Books & Supplies (annual estimate)

$19,700 Estimated Annual Sticker (tuition + room/board + books)

$78,800 Estimated 4-Year Sticker (before aid)

4-year total cost breakdown for Taylor Business Institute.

Financial Aid by Income Level

4.32% Undergraduates Receiving Financial Aid through Grants

2.47% Undergraduates Receiving Financial Aid through Loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00%
3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Taylor Business Institute was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Taylor Business Institute in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$13,500$13,500$16,350
2014$13,500$13,500$16,009
2015$14,175$14,175$17,170
2016$14,175$14,175$16,346
2017$11,175$11,175$16,485
2018$14,325$14,325$15,430
2019$14,325$14,325$11,260
2020$10,650$10,650$12,062
2021$10,650$10,650$16,555
2022$10,650$10,650$16,145
2023$12,000$12,000$14,735

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Acceptance Rate & Admissions

Acceptance Rate

91.23% Acceptance Rate

28 Total Applicants

25 Students Admitted

22 First-Time Students Enrolled

88.00% Yield (enrolled ÷ admitted)

This institution has a moderate acceptance rate, accepting most qualified applicants.

Acceptance rate compared to national average.

Test Scores

Test score data is not available for this institution.

Average SAT and ACT scores for admitted students.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA and test score ranges.

Enrollment & Student Demographics

Taylor Business Institute reported total enrollment of about 98 students in the latest College Scorecard extract. The student body is about 66% male and 34% female. Enrollment by race and ethnicity includes Non-Resident Alien (94.9%), Black or African American (4.1%), and Hispanic or Latino (1.0%). About 4.32% of undergraduates receive Pell Grants. Roughly 52.0% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

100.0% Full-Time Enrollment

The total enrollment at Taylor Business Institute in 2024 is 98 students.

Undergraduate enrollment is about 301 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

63.6%
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.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

The largest enrollment share in our College Scorecard extract is Non-Resident Alien at 94.9%.

Shares are for total enrollment (undergraduate and graduate combined when reported).

College Scorecard student demographics.

Graduates & Outcomes

Time to Complete

59.26% 100% Completion Time

59.26% 150% Completion Time

In 2024, 59.26% of students graduating from Taylor Business Institute completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Accounting Technology/Technician and Bookkeeping: 57% male / 43% female
  • Electrical, Electronic, and Communications Engineering Technology/Technician: 75% male / 25% female
  • Health Information/Medical Records Technology/Technician: 50% male / 50% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

Combined IPEDS award counts across reported programs; largest group: Black or African American.

Summed across program completion records in our extract.

ROI & Programs

Financial value and program information for Taylor Business Institute.

Return on Investment

$25,559 Median Annual Earnings (10 years)

392.20% Return on Investment

Financial value analysis for Taylor Business Institute.

Top Programs by Completions

4 largest programs by IPEDS completions (of 5 reported codes; aggregate/unknown CIP buckets excluded).

1. Accounting Technology/Technician and Bookkeeping: 7 completions

2. Electrical, Electronic, and Communications Engineering Technology/Technician: 4 completions

3. Health Information/Medical Records Technology/Technician: 2 completions

4. Criminal Justice and Corrections: 1 completions

Most popular programs at Taylor Business Institute.

Employment Outcomes

Employment outcome data is not available for this institution.

Earnings outcomes for Taylor Business Institute graduates.

Operations

Instructional staffing and expenditure indicators for Taylor Business Institute from College Scorecard (not a full IPEDS finance statement).

Instructional Resources

  • Full-time faculty share: 42.9%
  • Average faculty salary (Scorecard): $3,638
  • Instructional expenditure per FTE: $1,494

Endowment and detailed non-instructional staff counts require IPEDS Finance/HR surveys and are not in this extract.

Scorecard instructional metrics where reported.

About

Taylor Business Institute is a private for-profit institution located in Chicago, IL, classified as Associate's Colleges: High Vocational & Technical-Mixed Traditional/Nontraditional. In the latest IPEDS completions in our extract, the largest programs by awards were Accounting Technology/Technician and Bookkeeping, Electrical, Electronic, and Communications Engineering Technology/Technician, Health Information/Medical Records Technology/Technician. Enrollment is approximately 98 students. Student body composition includes Non-Resident Alien (94.9%), Black or African American (4.1%), Hispanic or Latino (1.0%). The admission rate is 91.23%. The 150%-time completion rate is 59.26%. Approximately 4.32% of students receive Pell Grants. About 52.0% of students are first-generation college students.

Institution Type

Private For-profit

Carnegie Classification: Associate's Colleges: High Vocational & Technical-Mixed Traditional/Nontraditional

Location

Chicago, IL 60602

Region: Great Lakes

Insights and Analysis

Taylor Business Institute provides educational opportunities for students seeking higher education. Prospective students should carefully evaluate all factors including costs, outcomes, and program offerings when making their enrollment decisions.

Frequently Asked Questions

Where is Taylor Business Institute located?

Taylor Business Institute is located in Chicago, IL.

What is Taylor Business Institute's acceptance rate?

The acceptance rate at Taylor Business Institute is 91.2% among first-time degree-seeking students reporting admissions data. IPEDS reports 28 applicants and 25 admits in the latest admissions cycle in our extract.

How much does Taylor Business Institute cost?

Reported tuition is $12,000 and average net price is $12,982 in the latest College Scorecard data. On-campus room and board is estimated at $7,500 annually.

What is the student body demographics at Taylor Business Institute?

Taylor Business Institute reports undergraduate enrollment of about 301 students, Non-Resident Alien (94.9%), Black or African American (4.1%) in federal College Scorecard data.

How many first-generation students attend Taylor Business Institute?

About 52.0% of students at Taylor Business Institute are first-generation college students.

What do graduates of Taylor Business Institute earn?

Median earnings are $19,077 six years after entry and $25,559 ten years after entry.

What is the graduation rate at Taylor Business Institute?

The 150%-time completion rate is 59.3% for the cohort reported to the College Scorecard.

Is Taylor Business Institute public or private?

Taylor Business Institute is a private for-profit institution located in Chicago, IL.

Is Taylor Business Institute an HBCU?

No. Taylor Business Institute is not flagged as an HBCU in the IPEDS institutional directory.

Is Taylor Business Institute a tribal college?

No. Taylor Business Institute is not flagged as a tribal college in IPEDS.

Is Taylor Business Institute a Hispanic-serving institution (HSI)?

Using a 25% Hispanic enrollment threshold on College Scorecard demographics, Taylor Business Institute does not meet that proxy (reported share 1.0%).

Is Taylor Business Institute religiously affiliated?

No religious affiliation is reported for Taylor Business Institute in IPEDS institutional characteristics.

Data Sources

This page uses data from the following sources:

  • Chicago, Illinois city profile
  • Great Lakes regional profile
  • All state profiles
  • Regional profiles
  • National benchmarks
  • School directory
  • All schools in Illinois
  • Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

    Last Updated: Data reflects the most recent available information as of January 2025.

    Methodology

    Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.

    All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.