SUMMARY OF CONSUMER INFORMATION
This section of LIBI’s website provides prospect and enrolled students with importation information regarding Gainful Employment regulations outlined in 34 CFR 668.6. As stipulated, LIBI discloses: (1) the occupations that the program prepares students to enter; (2) the on-time graduation rate for students completing the program; (3) the tuition and fees charged for completing the program within normal time; (4) the placement rate for students completing the program, if it is required by accrediting agency or State, and (5) the median loan debt incurred by students who completed the program. This section also contains important information regarding textbook information in accordance with Textbook Information HEA Sec. 133.
The College Catalog also contains important information about the following:
The catalog is the official reference document containing approved curricula, programs, and courses which may be offered. All information is current as of the date of publication. It supersedes any other document with regard to rules and regulations. The College reserves the right to limit registration for courses, to discontinue courses for which there is insufficient enrollment, and to change times and/or instructor assignments. The College also reserves the right at any time to make appropriate changes in the policies and procedures contained in this publication including admission requirements, tuition, fees, academic standards, and certificate or degree conferral requirements, and to add, change, or cancel courses or programs, revise subject matter content, change requirements, modify, amend or revoke any rules or regulations, or make any changes it deems necessary. All students will be informed of changes by available catalog addendum. If a student chooses to discontinue enrollment by withdrawing or requesting a leave of absence, all required forms must be completed and signed with the Registrar.
CATALOG POLICY ON YEAR ASSIGNMENT
All students are assigned to a specific academic-year catalog at matriculation. The catalog provides students with a complete set of requirements for graduation. In the event that curriculum is updated while the students are in school, these students will be given the opportunity to change to the more recent catalog year assignment if they prefer to graduate under a newer set of curriculum requirements. Students may not change their catalog year assignment to an earlier catalog. Students are highly encouraged to meet with the Provost (Flushing campus and Manhattan center) or Assistant Campus Director (Commack campus) to discuss the applicability of their original catalog year assignment to the new curriculum before making the switch. Students who fail a course under the old curriculum will be assigned an appropriate equivalent in the new curriculum if the failed course is no longer offered. The grade of the new course will not replace the failed grade on the student’s transcript. However, for the purposes of Satisfactory Academic Progress and cumulative GPA requirement for graduation, the grade of the substitute course will be utilized.
PUBLIC DISCLOSURE OF ACCREDITATION STATUS
The Long Island Business Institute (LIBI) is accredited by the New York State Board of Regents and Commissioner of Education. Contact information: New York State Education Department, Office of College and University Evaluation, 89 Washington Avenue, Albany, NY 12234. Telephone number: (518) 474-1551