The total cost of attendance, including tuition & fees, books & supplies costs, and living costs, increased by -0.89% from 2014 ($20,179), where LIBI's current cost is $20,000.
In 2024, the COA is increased by 2.56% from last year.
The undergraduate tuition & fees has increased from $14,279 (2014) 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 (COA) Trends
The following table and chart illustrate the changes in the total cost of attendance (COA) for Long Island Business Institute over the past 10 years. The COA has increased -0.89% for that period where the last year costs were $20,000.
The COA includes the tuition & fees, books & supplies, and living costs. It varies by major programs, type of living facility, and personal expenses.
On-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have decreased 9.77% for the last 10 years , and 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 10 years.
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 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
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| 2015-16 | $1,200 | |
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| 2016-17 | $1,200 | |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,200 | |
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| 2019-20 | $800 | -33.33% |
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| 2020-21 | $800 | |
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| 2021-22 | $800 | |
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| 2022-23 | $800 | |
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| 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 2014 to 2024. The following table shows the changes in living costs at Long Island Business Institute.
| Year | Living Off Campus | Change by Year |
|---|
| 2014-15 | $1,500 | - |
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| 2015-16 | $1,500 | |
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| 2016-17 | $1,500 | |
|---|
| 2017-18 | $1,500 | -4.26% |
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| 2018-19 | $1,499 | |
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| 2019-20 | $3,199 | 60.00% |
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| 2020-21 | $3,199 | |
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| 2021-22 | $3,199 | |
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| 2022-23 | $3,199 | |
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| 2023-24 | $3,200 | |
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