How LBI's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Laurel Business Institute since 2011.

For that period, the average number of students who received grants aid/scholarships is 182, which is 79.18 % of all undergraduate students. 174 students which is 76.27% of undergraduate students received federal student loans and the average loan amount is $6,787.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	189 (85%)	$5,664	179 (80%)	$3,839	187 (84%)	$5,550
2012-13	163 (88%)	$5,685	150 (81%)	$4,221	148 (80%)	$6,146
2013-14	171 (81%)	$6,352	158 (75%)	$3,988	178 (84%)	$6,435
2014-15	179 (77%)	$6,550	163 (70%)	$4,312	179 (77%)	$6,068
2015-16	162 (72%)	$6,916	147 (66%)	$4,357	182 (81%)	$6,929
2016-17	160 (74%)	$7,337	143 (66%)	$4,578	164 (76%)	$6,464
2017-18	183 (77%)	$7,965	176 (74%)	$5,669	189 (79%)	$5,805
2018-19	168 (72%)	$8,702	142 (61%)	$5,376	158 (68%)	$7,508
2019-20	186 (78%)	$7,835	159 (66%)	$5,022	173 (72%)	$8,094
2020-21	187 (79%)	$6,318	129 (54%)	$5,470	161 (68%)	$7,008
2021-22	249 (88%)	$6,223	150 (53%)	$5,522	199 (70%)	$8,647
Average	182 (79.18%)	$6,868	154 (67.82%)	$4,759	174 (76.27%)	$6,787

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 12 years, on average, 75 (82.18 % of students) received grants or scholarships and its average amount is $6,863. It can cover 59.84% of tuition & fees ($11,470).

In addition, 73 (81.09 % of students) students get helped from the students loans (average amount : $7,512).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	84 (87%)	$5,717	79 (81%)	$5,747
2012-13	80 (90%)	$5,842	78 (88%)	$6,930
2013-14	75 (79%)	$6,269	81 (85%)	$7,453
2014-15	64 (82%)	$6,616	62 (79%)	$5,916
2015-16	58 (76%)	$7,163	62 (82%)	$7,371
2016-17	73 (78%)	$7,307	72 (77%)	$7,351
2017-18	88 (84%)	$7,552	87 (83%)	$6,044
2018-19	64 (84%)	$8,873	63 (83%)	$7,682
2019-20	64 (80%)	$6,943	71 (89%)	$9,253
2020-21	74 (76%)	$6,370	68 (70%)	$9,056
2021-22	98 (88%)	$6,844	83 (75%)	$9,825
Average	75 (82.18%)	$6,863	73 (81.09%)	$7,512

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 65 (72.18 % of students) received Pell (federal) grants and its average amount is $4,976.

In addition, 36 students received State/local government grants/scholarships (40.45 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	80 (82%)	$3,936	12 (12%)	$560	51 (53%)	$2,821	3 (3%)	$4,909
2012-13	73 (82%)	$4,397	20 (22%)	$830	41 (46%)	$3,126	1 (1%)	$1,630
2013-14	72 (76%)	$3,761	24 (25%)	$587	49 (52%)	$3,782	-	-
2014-15	60 (77%)	$4,235	9 (12%)	$611	39 (50%)	$4,036	2 (3%)	$3,227
2015-16	54 (71%)	$4,478	12 (16%)	$797	41 (54%)	$3,791	3 (4%)	$2,882
2016-17	66 (71%)	$4,656	14 (15%)	$608	39 (42%)	$5,229	11 (12%)	$1,238
2017-18	84 (80%)	$5,712	25 (24%)	$616	38 (36%)	$4,229	4 (4%)	$2,161
2018-19	56 (74%)	$5,806	28 (37%)	$368	31 (41%)	$7,246	5 (7%)	$1,566
2019-20	55 (69%)	$5,698	30 (38%)	$645	25 (31%)	$4,344	2 (3%)	$1,500
2020-21	50 (52%)	$6,009	60 (62%)	$1,011	17 (18%)	$6,010	2 (2%)	$4,065
2021-22	67 (60%)	$6,047	83 (75%)	$772	24 (22%)	$7,936	1 (1%)	$11,042
Average	65 (72.18%)	$4,976	29 (30.73%)	$673	36 (40.45%)	$4,777	3 (4.00%)	$3,422

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 12 years, on average, 73 (81.09 % of students) get any students loan help and its average loan amount is $73.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	79 (81%)	$5,747	78 (80%)	$5,687	1 (1%)	$10,473
2012-13	78 (88%)	$6,930	78 (88%)	$6,930	-	-
2013-14	81 (85%)	$7,453	81 (85%)	$7,237	2 (2%)	$8,754
2014-15	62 (79%)	$5,916	62 (79%)	$5,916	-	-
2015-16	62 (82%)	$7,371	62 (82%)	$7,146	1 (1%)	$14,000
2016-17	72 (77%)	$7,351	72 (77%)	$7,089	3 (3%)	$6,300
2017-18	87 (83%)	$6,044	86 (82%)	$5,860	2 (2%)	$10,901
2018-19	63 (83%)	$7,682	62 (82%)	$7,449	1 (1%)	$22,150
2019-20	71 (89%)	$9,253	71 (89%)	$8,504	8 (10%)	$6,651
2020-21	68 (70%)	$9,056	66 (68%)	$7,833	9 (9%)	$10,979
2021-22	83 (75%)	$9,825	81 (73%)	$9,301	8 (7%)	$7,757
Average	73 (81.09%)	$7,512	73 (80.45%)	$7,177	4 (4.00%)	$10,885

Most Searched Pennsylvania Colleges (last 30 days)

Undergraduate

Career Training Academy-Monroeville Private, 2-4 years | Monroeville
Wilkes University Private, four-years | Wilkes-Barre
Jean Madeline Aveda Institute Private, Less than 2-years | Philadelphia
Yeshivath Beth Moshe Private, four-years | Scranton
Pennsylvania Highlands Community College Public, 2-4 years | Johnstown
YTI Career Institute-York Private, 2-4 years | York
Prism Career Institute-Philadelphia Private, Less than 2-years | Philadelphia
Fayette County Career & Technical Institute Practical Nursing Program Public, Less than 2-years | Uniontown
Chester County Intermediate Unit Public, Less than 2-years | Downingtown
Fortis Institute-Forty Fort Private, 2-4 years | Forty Fort

compare schools

Graduate

Empire Beauty School-Springfield Private, Less than 2-years | Springfield
Susquehanna County Career and Technology Center Public, Less than 2-years | Springville
Harris School of Business-Upper Darby Campus Private, Less than 2-years | Upper Darby
Lincoln Technical Institute-Center City Philadelphia Private, 2-4 years | Philadelphia
ITT Technical Institute-Plymouth Meeting Private, 2-4 years | Plymouth Meeting
Mifflin County Academy of Science and Technology Public, Less than 2-years | Lewistown
Triangle Tech Inc-Sunbury Private, 2-4 years | Sunbury
Venango County Area Vocational Technical School Public, Less than 2-years | Oil City
Strayer University-Pennsylvania Private, four-years | Trevose
Lebanon County Area Vocational Technical School Public, Less than 2-years | Lebanon

compare schools

Online Schools

Empire Beauty School-Springfield Private, Less than 2-years | Springfield
Susquehanna County Career and Technology Center Public, Less than 2-years | Springville
Harris School of Business-Upper Darby Campus Private, Less than 2-years | Upper Darby
Lincoln Technical Institute-Center City Philadelphia Private, 2-4 years | Philadelphia
ITT Technical Institute-Plymouth Meeting Private, 2-4 years | Plymouth Meeting
Mifflin County Academy of Science and Technology Public, Less than 2-years | Lewistown
Triangle Tech Inc-Sunbury Private, 2-4 years | Sunbury
Venango County Area Vocational Technical School Public, Less than 2-years | Oil City
Strayer University-Pennsylvania Private, four-years | Trevose
Lebanon County Area Vocational Technical School Public, Less than 2-years | Lebanon

compare schools

Technical Colleges

Career Training Academy-Monroeville Private, 2-4 years | Monroeville
Wilkes University Private, four-years | Wilkes-Barre
Jean Madeline Aveda Institute Private, Less than 2-years | Philadelphia
Yeshivath Beth Moshe Private, four-years | Scranton
Pennsylvania Highlands Community College Public, 2-4 years | Johnstown
YTI Career Institute-York Private, 2-4 years | York
Prism Career Institute-Philadelphia Private, Less than 2-years | Philadelphia
Fayette County Career & Technical Institute Practical Nursing Program Public, Less than 2-years | Uniontown
Chester County Intermediate Unit Public, Less than 2-years | Downingtown
Fortis Institute-Forty Fort Private, 2-4 years | Forty Fort

compare schools

Scholarships, Grants, and Loan Trends at LBI

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time