Long Island Business Institute

Special Focus Institutions

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2017 Undergraduate Tuition

$13,299

0% growth from 2016

2017 Average Net Price

$14,802

After Financial Aid

2016 Student Loan

15.9%

Default Rate

2017 Acceptance Rate

78.8%

468 Applicants

2017 Enrolled Students

717

84.1% Full-Time

2017 Graduation Rate

24%

23 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Long Island Business Institute is a higher education institution located in Queens County, NY. In 2016, the most popular Bachelor's Degree concentrations at Long Island Business Institute were .

In 2017, 252 degrees were awarded across all undergraduate and graduate programs at Long Island Business Institute. 74.6% of these degrees were awarded to women, and 25.4% awarded men. The majority of degree recipients were asian (140 degrees), 2.8 times more than then the next closest race/ethnicity group, hispanic or latino (50 degrees).

The median undergraduate tuition at Long Island Business Institute is $13,299, which is $-701 less than the national average for Special Focus Institutions ($14,000).

Photo by Alex Proimos

Special Focus Two-Year: Other FieldsSpecial Focus Institutions

Costs

The median undergraduate tuition at Long Island Business Institute is $13,299, which is $-701 less than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $14,802.

In 2017, 100% of undergraduate students received federal grants, while 10% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$13,299

2017 Undergraduate Tuition

In 2017, the cost of tuition at Long Island Business Institute was $13,299. The cost of tuition at Long Island Business Institute is $-701 less than than the overall (public and private) national average for Special Focus Institutions ($14,000).

This chart compares the tuition costs of Long Island Business Institute (in red) with those of other similar universities.

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Average Net Price

$14,802

2017 Value

2.41%

1 Year Growth

In 2017 Long Island Business Institute had an average net price — the price paid after factoring in grants and loans — of $14,802. Between 2016 and 2017, the average net price of Long Island Business Institute grew by 2.41%.

This chart compares the average net price of Long Island Business Institute (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$3,200

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Long Island Business Institute was of $3,200 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board did not change between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

100%

Of Undergraduates Receive Grants

10%

Of Undergraduates Receive Federal Loans

100% of undergraduate students at Long Island Business Institute received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Long Island Business Institute (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

15.9%

2016 Default Rate

7

Number of Defaults

In 2016 the default rate for borrower's at Long Island Business Institute was 15.9%, which represents 7 out of the 44 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Long Island Business Institute received 468 undergraduate applications in 2017, which represents a 9.48% annual decline. Out of those 468 applicants, 369 students were accepted for enrollment, representing a 78.8% acceptance rate.

There were 717 students enrolled at Long Island Business Institute in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Long Island Business Institute has an overall enrollment yield of 66.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.8%

Acceptance Rate in 2017

369

Accepted Out of 468

In 2017, the undergraduate acceptance rate of Long Island Business Institute was 78.8% (369 admissions from 468 applications). This is higher than the acceptance rate of 2016, which was 63.1%. Between 2016 and 2017, the number of applicants declined by -9.48%, while admissions grew by 13.2%.

This chart compares the acceptance rate of Long Island Business Institute (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Long Island Business Institute in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Long Island Business Institute has a total enrollment of 717 students. The full-time enrollment at Long Island Business Institute is 603 students and the part-time enrollment is 114. This means that 84.1% of students enrolled at Long Island Business Institute are enrolled full-time.

The enrolled student population at Long Island Business Institute, both undergraduate and graduate, is 48.7% Asian, 19.8% Hispanic or Latino, 13.7% Black or African American, 10.6% White, 0.558% Two or More Races, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Long Island Business Institute in full-time Undergraduate programs are majority Asian Female (42%), followed by Hispanic or Latino Female (16.7%) and Asian Male (14.1%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

84.1%

Full-Time Enrollment

The total enrollment at Long Island Business Institute, both undergraduate and graduate, is 717 students. The full-time enrollment at Long Island Business Institute is 603 and the part-time enrollment is 114. This means that 84.1% of students enrolled at Long Island Business Institute are enrolled full-time compared with 71.1% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Long Island Business Institute (in red) compares to similar universities.

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Retention Rate over Time

33%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Long Island Business Institute was 33%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Long Island Business Institute had a retention rate lower than its peers.

This chart shows the retention rate over time at Long Island Business Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. Asian

    349

  2. Hispanic or Latino

    142

  3. Black or African American

    98

The enrolled student population at Long Island Business Institute is 48.7% Asian, 19.8% Hispanic or Latino, 13.7% Black or African American, 10.6% White, 0.558% Two or More Races, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 2 students (0.279%) did not report their race.

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Graduates

In 2017, 124 more women than men received degrees from Long Island Business Institute. The majority of degree recipients at Long Island Business Institute are asian (140 degrees awarded). There were 2.8 times more asian graduates than the next closest race/ethnicity group, hispanic or latino (50 degrees).

The most common Bachelor's Degree concentration at Long Island Business Institute is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Long Island Business Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (225 degrees awarded), Legal (14 degrees), and Protective Services (13 degrees).

Workforce

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Long Island Business Institute are Accountants & auditors (1,079,502 people), Other managers (604,005 people), Financial managers (415,726 people), Chief executives & legislators (301,624 people), and Firstline supervisors of retail sales workers (269,159 people).

The most specialized majors at Long Island Business Institute are Business (225 degrees awarded), Legal (14 degrees), and Protective Services (13 degrees).

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Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Long Island Business Institute are Surgeons, Physicians, Dentists, Magnetic resonance imaging technologists, and Diagnostic medical sonographers

The most specialized majors at Long Island Business Institute are Business (225 degrees awarded), Legal (14 degrees), and Protective Services (13 degrees).

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Common Industries by Major

Banking & related activities

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Long Island Business Institute are Banking & related activities (480,263 people), Elementary & secondary schools (467,920 people), Justice, public order, & safety activities (434,959 people), Computer Systems Design (398,662 people), and Accounting, tax preparation, bookkeeping & payroll services (385,270 people).

The most specialized majors at Long Island Business Institute are Business (225 degrees awarded), Legal (14 degrees), and Protective Services (13 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Long Island Business Institute.

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In false, the most common bachelors degree concentration at Long Island Business Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Long Island Business Institute according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 64

  2. 188

In 2017, 64 degrees were awarded to men at Long Island Business Institute, which is 0.34 times less than the number of degrees awarded to females (188).

This chart displays the gender disparity between the top 5 majors at Long Island Business Institute by degrees awarded.

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Most Common Male Majors

In false, 22 degrees were awarded to men at Long Island Business Institute in General Business Administration & Management, which is 0.524 times less than the 42 female recipients with that same degree.

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Most Common Female Majors

In false, 72 degrees were awarded to women at Long Island Business Institute in Business, Office Automation, Technology, & Data Entry, which is 10.3 times more than the 7 male recipients with that same degree.

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Time to Complete

31%

100% Completion Time

32%

150% Completion Time

In 2017, 31% of students graduating from Long Island Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 32% completed their degrees within 150% of the normal time, and 32% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate at Long Island Business Institute is Female and Black or African American (50% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Asian

    140 degrees awarded

  2. Hispanic or Latino

    50 degrees awarded

  3. Black or African American

    43 degrees awarded

The most common race/ethnicity at Long Island Business Institute is asian (140 degrees awarded). There were 2.8 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (50 degrees).

0.794% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Asian Female

    100 degrees awarded

  2. Hispanic or Latino Female

    41 degrees awarded

  3. Asian Male

    40 degrees awarded

The most common race/ethnicity and gender grouping at Long Island Business Institute is asian female (100 degrees awarded). There were 2.44 times more asian female recipients than the next closest race/ethnicity group, hispanic or latino female (41 degrees).

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Operations

Long Island Business Institute has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Long Island Business Institute had a total salary expenditure of $12.9M. Long Island Business Institute employs 16 Instructors, 0 N/A, and 0 N/A. Most academics at Long Island Business Institute are Male Instructors (8), Female Instructors(8), and N/A (0).

The most common positions for non-instructional staff at Long Island Business Institute are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 32 employees, Management, with 12 employees, and Office and Administrative Support with 6 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Long Island Business Institute has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Long Island Business Institute stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Long Island Business Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Two-Year: Other Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Long Island Business Institute received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$5.57M

2017 Salaries

8.74%

decline from 2016

In 2017, Long Island Business Institute paid a median of $5.57M in salaries, which represents 43.1% of their overall expenditure ($12.9M) and a 8.74% decline from the previous year. This is compared to a 14.8% decline from 2015 and a 49.9% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$663k

Instructional Salaries

16

Number of Employees

In 2017, Long Island Business Institute paid a total of $663k to 16 employees working as instructors, which represents 11.9% of all salaries paid.

This is compared to a median of $318k (20.1%) for similar Special Focus Two-Year: Other Fields.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

16 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

32 Employees

In 2017, the most common positions for instructional staff at Long Island Business Institute were Instructor with 16 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Long Island Business Institute were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 32 employees; Management with 12 employees; and Office and Administrative Support with 6 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Instructor

  2. Female Instructor

  3. false

In 2017, the most common demographic for instructional staff at Long Island Business Institute was Male Instructor with 8 employees, Female Instructor with 8 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Long Island Business Institute.

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