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Laurel Highlands Today

Thursday, November 21, 2024

Cost of college went up for all students at the Laurel Business Institute

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Tuition and fees rose 1.9 percent for 2018-19 at the Laurel Business Institute, according to recent data from the U.S. Department of Education.

Pennsylvania students paid $10,104 to attend the two-year private for-profit institution this year – $190 more than the $9,914 charged for 2017-18.

Data shows 93 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 88 students received grants or scholarships totaling $664,555 and 87 students took out student loans totaling more than $525,796.

Including all undergraduates (232), 183 students used grants or scholarships totaling $1.5 million, and 189 students took out $1.1 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~155$9,744$9,744$9,914$10,1043.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Laurel Business Institute in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants8480%$495,204$5,895
State / local grant or scholarship3836%$160,708$4,229
Institutional grants or scholarships44%$8,643$2,161
Grant or scholarship aid total8884%$664,555$7,552
Federal student loans8682%$503,995$5,860
Other student loans-2%--
Student loan aid8783%$525,796$6,044
Total student aid9893%--

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