Number Received Financial Aid (All Undergraduate)
243
Percent Received Financial Aid(All Undergraduate)
80%
Average Aid Amount
$6,420
Number Received Financial Aid (Freshmen)
95
Percent Received Financial Aid (Freshmen)
85%
Financial Aid Information at LBI
For the academic year 2023-2024, a total of 243 students (80% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,420. For freshmen (Full-time, first-time degree-seeking undergraduate students), 95 students (85% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Laurel Business Institute is $13,713, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 243 students (80% of all students) have received grants or scholarships and the average received aid amount is $6,420. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Laurel Business Institute for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 243 | 80% | $6,420 |
| Pell Grants | 148 | 49% | $5,342 |
| Federal Student Loans | 202 | 67% | $8,115 |
Beginning Students Financial Aid
a total of 95 beginning students (85% of all freshmen) have received any financial aid and 95 students (85% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Laurel Business Institute.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 95 | 85% | - |
| Grants or Scholarship from All Sources | 79 | 71% | $6,190 |
| Federal Grants | 79 | 71% | $4,404 |
| Pell Grants | 57 | 51% | $5,796 |
| Other Federal Grants | 54 | 48% | $324 |
| State/Local Grants | 26 | 23% | $5,429 |
| Institutional Grants | 0 | 0% | - |
| Student Loans | 80 | 71% | $9,677 |
| Federal Student Loans | 79 | 71% | $8,406 |
| Other Student Loans | 14 | 13% | $7,861 |
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