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

-15.96%

10 Year Increase

4.35%

1-Year Change

LIBI's tuition & fees has increased from $14,279 (2015) to $12,000 (2024), and the rate of tuition increase is 15.96% over the past 10 years.

LIBI's tuition increase rate is lower than the New York's average increase rate of 13.54%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 10.99%.

Cost of Attendance (COA) Trends

The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by -0.89% from 2015 ($20,179).

For the current academic year 2024-2025, LIBI's COA is $20,000, which is increased by 2.56% from last year.

The following table and chart show changes to LIBI's COA over the past 9 years.

On-campus living costs are not available.

Tuition & Fees Changes

The tuition & fees have decreased 15.96% for the last 9 years , and the 2025 tuition & fees are $12,000. The following table and chart show the tuition & fees changes at Long Island Business Institute over last the 9 years.

YearUndergraduateChange By Year
2015-16$14,279-
2016-17$14,4751.37%
2017-18$14,475
2018-19$14,475
2019-20$10,266-29.08%
2020-21$10,4161.46%
2021-22$11,0666.24%
2022-23$11,5003.92%
2023-24$12,0004.35%
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 -33.33% from the year 2015 to 2024.

YearBooks & SuppliesChange by Year
2015-16$1,200-
2016-17$1,200
2017-18$1,200
2018-19$1,200
2019-20$800-33.33%
2020-21$800
2021-22$800
2022-23$800
2023-24$800

Living Costs Changes

The living costs including room, board, and other living expenses have increased 12.50% when living-off campus from the year 2015 to 2024. The following table shows the changes in living costs at Long Island Business Institute.

YearLiving Off CampusChange by Year
2015-16$4,700-
2016-17$4,700
2017-18$4,500-4.26%
2018-19$4,500
2019-20$7,20060.00%
2020-21$7,200
2021-22$7,200
2022-23$7,200
2023-24$7,200

Compare Tuition Change to Similar Colleges

The following table compares 2025 tuition and increase rate from last year between Long Island Business Institute and similar schools.

20252024Increase Rate
Long Island Business Institute$12,000$12,000-
Technical Career Institutes$13,800$13,800-
Hunter Business School$15,225$14,8252.70%
Swedish Institute a College of Health Sciences$29,079$27,4505.93%
St Paul's School of Nursing-Queens$17,433$17,556-0.70%
Mildred Elley-New York Campus$17,926$17,926-

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