How much is the LIBI tuition? For the academic year 2023-2024, LIBI's tuition & fees is $12,000.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $20,000 when a student lives off-campus.
LIBI Tuition & Expenses
2022-2023 Rate |
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Tuition & Fees | $12,000 |
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Books & Supplies Costs | $800 |
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Off-campus Room & Board | $4,000 |
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Off-campus Expenses | $3,200 |
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2023-2024 Estimates |
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Tuition & Fees | $13,013 |
Average Tuition By School Type and Comparison
Compared to 2-4 years schools nationwide, LIBI' tuition is much lower than the average tuition of $20,937. Compared to private, 2-4 years colleges in New York, its tuition is much lower than the average tuition of $23,757.
| In-State | Out-of-State |
Long Island Business Institute | $12,000 |
U.S. 2-4 Years Colleges | $18,672 |
Public Schools | $7,199 | $12,960 |
Private Schools | $20,937 |
New York 2-4 Years Colleges | $21,676 |
Public Schools | $9,799 | $14,823 |
Private Schools | $23,757 |
Compare Similar School's Tuition
The next table compares the tuition & fees between LIBI and similar schools. The similar colleges are selected by school type & level (private, 2-4 years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
| Location | Tuition & Fees |
Long Island Business Institute | Flushing, NY | $12,000 |
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Associated Beth Rivkah Schools | Brooklyn, NY | $9,700 |
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Mesivta of Eastern Parkway-Yeshiva Zichron Meilech | Brooklyn, NY | $10,100 |
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Rabbinical College Beth Shraga | Monsey, NY | $16,150 |
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Seminar L'moros Bais Yaakov | Brooklyn, NY | $11,500 |
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Elim Bible Institute and College | Lima, NY | $10,480 |
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Elyon College | Brooklyn, NY | $14,620 |
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Bnos Zion Of Bobov Seminary | Brooklyn, NY | $9,450 |
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Ohel Margulia Seminary | Monsey, NY | $9,500 |
Tuition Trends Over Past 10 Years
The undergraduate tuition & fees of Long Island Business Institute has increased by -19.35% over the past 10 years from $14,259 to $12,000.
The living costs increased by 0.00% last year and 30.91% over the past 10 years.
Financial Aid and COA
At Long Island Business Institute, 883 students (90%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $10,144.
After receiving financial aid, the cost of attendance (COA) at LIBI is $9,856 for students living off-campus.
For beginning students (i.e. first-time freshmen), 283 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $8,444.
The financial aid data is based on 2021-2022 statistics from IPEDS.
Admission Stats and Requirements to Apply
LIBI's acceptance rate is 68.98%. A total of 561 applicants applied to and 387 students were accepted. Of the admitted students, 288 enrolled finally, and the yield (i.e. enrollment rate) is 74.42%.
To apply to LIBI, 1 items are required - Secondary school record and 1 items are recommended to submit - TOEFL (Test of English as a Foreign Language).
Student Population
Long Island Business Institute has a total of 743 students (all undergraduate). By gender, there are 157 male students and 823 female students attending LIBI.
| Total | Male | Female |
Undergraduate | 980 |
157 | 823 |
Directory & Academic Information
Directory Information |
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Address | 136-18 39th Avenue, Fifth Floor, Flushing, NY |
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Phone | 718-939-5100 |
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WEB | www.libi.edu |
Degree & Programs |
Degree | Undergraduate |
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Program Offered | 8 Programs |
Academic Stats |
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Acceptance Rate | 85.05% |
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Yield | 49.32% |
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Student Population | 743 |
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Graduation Rate | 23% |
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Retention Rate | 22% |
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Students to Faculty Ratio Rate | 29 to 1 |
Faculty & Staffs |
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Number of Faculties | 14 (Full-time), 46 (Part-time) |
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Number of Staffs | 58 (Full-time), 53 (Part-time) |
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Average Faculty Salary | $34,639 |
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Average Staff Salary | $53,803 |