Long Island Business Institute: Tuition & Loans

Overall Rating: Overall Ranking - FairQuality: Education Quality Rating - Very BadSafety: Capmus Safety Rating - OustandingCosts: Tuition & Fees Cost Rating - Very Good
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Tuition and fees per year
$14,200
Average tuition prices at Long Island Business Institute are slightly high - around $13,300 per academic year. The additional fees at Long Island Business Institute not covered by tuition are about $900; this totals $14,200 annually.

The chart below shows Long Island Business Institute tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in Long Island Business Institute and Competing Colleges

Long Island Business Institute Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at Long Island Business Institute is $1,000 a year, which is a good bargain if compared to other colleges in New York.

FAFSA Application

FAFSA Code
2015-2016
014514
If you are planning to file your FAFSA application for Federal Student Aid, the college code for Long Island Business Institute is 014514. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides financial aid to eligible applicants. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate
16%
The government reported that the median federal student loan amount for Long Island Business Institute is approximately $3,100.

At the same time, 15.70% of the recent Long Island Business Institute graduates have failed to maintain their federal student loan repayments in 2012

This rate of loan repayment defaults (15.70%) is moderate and might lead to a conclusion that Long Island Business Institute graduates have reasonable career perspectives.

Learn More About Long Island Business Institute

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