Long Island Business Institute

Private, 2-4 Years School Located in Flushing, NY

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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
Tuition & Fees$12,000
Books & Supplies Costs$800
Off-campus Room & Board$4,000
Off-campus Expenses$3,200
2023-2024 Estimates
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-StateOut-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.
LocationTuition & Fees
Long Island Business InstituteFlushing, NY$12,000
Associated Beth Rivkah SchoolsBrooklyn, NY$9,700
Mesivta of Eastern Parkway-Yeshiva Zichron MeilechBrooklyn, NY$10,100
Rabbinical College Beth ShragaMonsey, NY$16,150
Seminar L'moros Bais YaakovBrooklyn, NY$11,500
Elim Bible Institute and CollegeLima, NY$10,480
Elyon CollegeBrooklyn, NY$14,620
Bnos Zion Of Bobov SeminaryBrooklyn, NY$9,450
Ohel Margulia SeminaryMonsey, NY$9,500

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.
COA (off-campus)$20,000
Tuition & Fees$12,000
Indirect Costs (off-campus)$8,000
COA (off-campus) after Receiving Aid$9,856
Average Financial Aid$10,144
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Grant or Scholarship88390%$10,144
Pell Grants86588%$6,072
Federal Student Loan303%$5,268
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Financial Aid28399%-
Grants or Scholarships28399%$8,444
Federal Grants28198%$5,954
Pell Grants28198%$5,063
Other Federal Grants28198%$890
State/Local Grants23482%$2,749
Institutional Grants6121%$1,201
Student Loan Aid0--
Federal Student Loans0--
Other Student Loans0--

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).
TotalMenWomen
Applicants561115$446
Admitted38776$311
Enrolled28846$242
Acceptance Rate68.98%66.09%69.73%
Yield (Enrollment Rate)74.42%60.53%77.81%
Secondary school GPANeither Required Nor Recommended
Secondary school rankNeither Required Nor Recommended
Secondary school recordRequired
Completion of college-preparatory programNeither Required Nor Recommended
RecommendationsNeither Required Nor Recommended
Formal demonstration of competenciesNeither Required Nor Recommended
Admission test scoresNeither Required Nor Recommended
TOEFL (Test of English as a Foreign Language)Recommended
Other Test (Wonderlic, WISC-III, etc.)Neither Required Nor Recommended

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.
TotalMaleFemale
Undergraduate980 157823

Directory & Academic Information

Directory Information
Address136-18 39th Avenue, Fifth Floor, Flushing, NY
Phone718-939-5100
WEBwww.libi.edu
Degree & Programs
DegreeUndergraduate
Program Offered8 Programs
Academic Stats
Acceptance Rate85.05%
Yield49.32%
Student Population743
Graduation Rate23%
Retention Rate22%
Students to Faculty Ratio Rate29 to 1
Faculty & Staffs
Number of Faculties14 (Full-time), 46 (Part-time)
Number of Staffs58 (Full-time), 53 (Part-time)
Average Faculty Salary$34,639
Average Staff Salary$53,803