Financial Aid Amount Received
$3,961 (38.03% of tuition & fees)
Percent of Financial Aid Received
100% of 665 students

All Undergraduate Students Financial Aid

646 undergraduate students (100% of all students) have received grants, scholarships, and/or federal student loans at Long Island Business Institute. The percentage of students who received financial aid much higher compared to Private (for-profit), 2-4 Years Colleges in New York.
The average amount of grants of scholarship aid is $3,961 and the average loan amount is $2,800. The average financial aid amount is 38.03% of tuition & fees (tuition & fees: $10,416).

Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid646 100%$2,558,520$3,961
Pell Grants611 95%$1,399,190$2,290
Federal Students Loans51 8%$142,800$2,800

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 220 students have received one or more types of financial aid at Long Island Business Institute.
The average amount of federal, state, local or institutional grant aid is $4,632 and the average amount of student loans awarded to full-time first-time undergraduate students is $2,800.
The following table shows the financial data by type of aid at Long Island Business Institute.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid220100%--
Grant or scholarship aid220 100%$1,019,050$4,632
Federal Grants220 100%$481,400$2,188
Pell Grants193 88%$443,900$2,300
Other Federal Grants75 34%$37,500$500
State/Local Grants195 89%$419,250$2,150
Institutional Grants148 67%$118,400$800
Student Loans49 22%$137,200$2,800
Federal Student Loans49 22%$137,200$2,800
Other Student Loans0 0%$0$0