How much has LIBI's Tuition Increased over the Past 10 Years?

In 2024, the COA is increased by 2.56% from last year.
The undergraduate tuition & fees has increased from $14,124 (2012) to $12,000 (2024), and the rate of tuition increase is 9.77% over the past 10 years.
LIBI's tuition increase rate is lower than the New York's average increase rate of 16.79%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.

Cost of Attendance Changes

The following table and chart illustrate the changes in the total cost of attendance (COA) for Long Island Business Institute over the past 12 years. The total cost includes the tuition & fees, books & supplies, and living costs. The total costs vary by student tuition rates (i.e. in-state or out-of-state) and living facility (i.e. staying on or off campus).

Tuition & Fees Changes

The tuition & fees have decreased 9.77% for the last 12 years where the 2024 tuition & fees are $12,000. The following table and chart show the tuition & fees changes at Long Island Business Institute over last the 12 years.
YearUndergraduateChange By Year
2012-13$14,124-
2013-14$14,259 0.96%
2014-15$14,279 0.14%
2015-16$14,279 0.00%
2016-17$14,475 1.37%
2017-18$14,475 0.00%
2018-19$14,475 0.00%
2019-20$10,266 -29.08%
2020-21$10,416 1.46%
2021-22$11,066 6.24%
2022-23$11,500 3.92%
2023-24$12,000 4.35%
Long Island Business Institute Tuition & Fees Changes Chart

Books & Supplies Costs Changes

The cost of purchasing books & supplies which are required/recommended for courses $800, and it has decreased -20.00% from the year 2012 to 2024.
YearBooks & SuppliesChange by Year
2012-13$1,000-
2013-14$1,100 10.00%
2014-15$1,200 9.09%
2015-16$1,200 0.00%
2016-17$1,200 0.00%
2017-18$1,200 0.00%
2018-19$1,200 0.00%
2019-20$800 -33.33%
2020-21$800 0.00%
2021-22$800 0.00%
2022-23$800 0.00%
2023-24$800 0.00%

Living Costs Changes

The living costs including room, board, and other living expenses have increased -5.26% when living-off campus from the year 2012 to 2024. The following table shows the changes in living costs at Long Island Business Institute.
YearLiving Off CampusChange by Year
2012-13$1,500-
2013-14$1,500 -6.78%
2014-15$1,500 -14.55%
2015-16$1,500 0.00%
2016-17$1,500 0.00%
2017-18$1,500 -4.26%
2018-19$1,499 0.00%
2019-20$3,199 60.00%
2020-21$3,199 0.00%
2021-22$3,199 0.00%
2022-23$3,199 0.00%
2023-24$3,200 0.00%
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