Long Island Business Institute

EXCEL at LIBI Scholarship

LIBI will award scholarships aimed at helping qualified students who have a financial need to complete college while limiting student loan debt. The EXCEL at LIBI Scholarship is a tuition credit that will cover any remaining tuition expenses not already covered by other forms of financial aid. The maximum scholarship, up to $2,000, will be reduced by the amount of student financial aid awards which an applicant has or will receive for the academic year; this includes NYS Tuition Assistance Program (TAP) award and/or federal Pell grant.

To qualify for the EXCEL at LIBI Scholarship students must:
  • be U.S. citizens or eligible non-citizens;
  • have either graduated from high school in the United States, or earned a high school equivalency diploma;
  • have a documented financial need;
  • be pursuing an AS or AOS degree at LIBI;
  • be enrolled in full-time study each semester the EXCEL at LIBI Scholarship is awarded;
  • not be in default status on a student loan made under any NYS or federal education loan program or on the repayment of any NYS or federal award;
  • execute an agreement indicating that the student will enroll in full-time study, making satisfactory academic progress each semester in order to qualify for the scholarship the following semester;
  • must not lose eligibility for NYS Tuition Assistance Program (TAP) award and/or federal Pell grant in order to qualify for the EXCEL at LIBI scholarship for ongoing semesters;
  • execute an agreement indicating that the scholarship must be renewed by the student each semester by applying for it through the financial aid office;
  • execute a written acknowledgment that any award payment received may have tax implications for the student. The student must acknowledge that any questions regarding this should be directed to a tax professional, the Internal Revenue Service, or the NYS Department of Taxation and Finance and not to LIBI.
  • There is a five semester cap of eligibility for the EXCEL at LIBI Scholarship. Additional eligibility will be reviewed on a case-by-case basis by Executive Director of Academic Operations and Student Service, and Provost.

    To see all the scholarships and grants LIBI has to offer, please click here.

    Long Island Business Institute

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