Long Island Business Institute campus
Long Island Business Institute logo

Long Island Business Institute

Type 2 year, Private
Business Model For Profit
Campus locale City: Large
Degrees offered Undergraduate
Calendar system Semester
Student body size Small
Student to faculty ratio 24 to 1
Acceptance rate 69%
Students retention rate 37%
On-time graduation rate 23%

Located in Flushing, New York, LIBI is a private, for profit institution that offers undergraduate degrees. The college operates on a semester-based calendar system, providing students with structured academic terms.

Long Island Business Institute is accredited by the New York State Board of Regents and the Commissioner of Education, ensuring that the institution meets certain standards of quality and effectiveness. This accreditation also allows students to transfer credits to other accredited institutions if they choose to continue their education elsewhere.

While the on-time graduation rate at LIBI is reported to be 23%, it is essential to consider the context of this statistic. For-profit institutions often serve a diverse student population, including many non-traditional students who may face unique challenges in completing their degrees. For comparison, New York state's graduation rate for the 2021-2022 was 58% whereas the national average was 64%.

The retention rate of students at LIBI is 37% , which is lower than both the state and national averages. The state average retention rate in New York is 75%, while the national average is 67%. This indicates that a significant proportion of students who enroll at LIBI do not continue their studies after the first year.


  • Accredited by: New York State Board of Regents and the Commissioner of Education

Acceptance Rate

Fall 2021 admitted students

69%

In-State Tuition & Fees

$11,066

Cost of attendance at Long Island Business Institute in 2022 for students from New York.

See how the college's in-state sticker price compares to 2 year For Profit, private colleges in the state as well as nationally.

New York's average $8,212
National average $15,344

Out-of-State Tuition & Fees

$11,066

Cost of attendance at Long Island Business Institute in 2022 for the out-of-state and international students

See how the college's out-of-state sticker price compares to 2 year For Profit, private colleges in the state as well as nationally.

New York's average $17,724
National average $15,344

Average Grant & Scholarships

In 2022, 98 of freshman students at Long Island Business Institute received on average $9,542 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$9,542
Students Receiving Aid Average Amount Total Amount
Pell Grant 310 94% $5,941 $1,841,663
Other Federal Grant 310 94% $6,964 $2,158,763
State Grant/Scholarships 262 79% $2,949 $772,724
Institutional Grant/Scholarships 119 36% $1,265 $150,537
Total Grant & Scholarships 323 98% $9,542 $3,082,024

Graduation Rate

The following chart shows the graduation rate of Long Island Business Institute students who enrolled in 2018 and after. The stat covers all undergraduates registered as full-time students to study a 4-year bachelor's degree program for the first time.

The breakdown shows the graduation rate by race/ethnicity of US students. All international students are represented under one group.

As of August 31, 2021, the average graduation rate of Long Island Business Institute students is 22.7%. Female students graduated at a rate of 23.1%, whereas male students graduated at a rate of 21.8%.

22.7%

  • asian 23.1% 24 students
  • African American 26.1% 6 students
  • hispanic 18.2% 8 students

Service Offerings

Long Island Business Institute provides the following additional services to its students
  • Remedial services
  • Placement services for graduates
  • Academic/career counseling services
  • Employment services for students

Educational Offerings

Long Island Business Institute offers educational programs in the following categories. Check the programs section to learn more about specific programs that you are interested in.
  • Academic
  • Occupational

Special Learning Opportunities

  • Weekend/evening classes

Veteran Services

  • Dedicated point of contact for support services for veterans, military service-members, and their families