Number Received Financial Aid (All Undergraduate)
249
Percent Received Financial Aid(All Undergraduate)
88%
Average Aid Amount
$6,223
Number Received Financial Aid (Freshmen)
104
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at LBI
For the academic year 2021-2022, a total of 249 students (88% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,223. For freshmen (Full-time, first-time degree-seeking undergraduate students), 104 students (94% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Laurel Business Institute is $11,470, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 249 students (88% of all students) have received grants or scholarships and the average received aid amount is $6,223. 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 | 249 | 88% | $6,223 |
| Pell Grants | 150 | 53% | $5,522 |
| Federal Student Loans | 199 | 70% | $8,647 |
Beginning Students Financial Aid
a total of 104 beginning students (94% of all freshmen) have received any financial aid and 104 students (94% 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 | 104 | 94% | - |
| Grants or Scholarship from All Sources | 98 | 88% | $6,844 |
| Federal Grants | 98 | 88% | $4,788 |
| Pell Grants | 67 | 60% | $6,047 |
| Other Federal Grants | 83 | 75% | $772 |
| State/Local Grants | 24 | 22% | $7,936 |
| Institutional Grants | 1 | 1% | $11,042 |
| Student Loans | 83 | 75% | $9,825 |
| Federal Student Loans | 81 | 73% | $9,301 |
| Other Student Loans | 8 | 7% | $7,757 |
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