Cost of college was unchanged for all students at Long Island Business Institute

Tuition and fees was unchanged for 2017-18 at Long Island Business Institute, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees was unchanged for 2017-18 at Long Island Business Institute, according to the latest disclosure from the U.S. Department of Education.

New York students paid $14,475 to attend the two-year private for-profit institution in both the 2016-17 and 2017-18 academic years.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 98 students received grants or scholarships totaling $503,394 and 5 students took out student loans totaling more than $13,500.

Including all undergraduates, 583 students used grants or scholarships totaling $1.75 million. Another 60 took out $174,827 in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~599
$14,454
$14,769
$14,475
$14,475
0.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Long Island Business Institute in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
96
98%
$245,980
$2,562
State / local grant or scholarship
96
98%
$218,736
$2,279
Institutional grants or scholarships
47
48%
$38,678
$823
Grant or scholarship aid total
98
100%
$503,394
$5,137
Federal student loans
5
5%
$13,500
$2,700
Other student loans
0
0%
$0
Student loan aid
5
5%
$13,500
$2,700
Total student aid
98
100%

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Long Island Business Institute

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