Scholarships at LIBI

LIBI Scholarship Program Helps Graduates Achieve Their Higher Education Goals Every Year

Scholarships to Help You Achieve Your Goals

Take advantage of LIBI’s wealth of scholarships.

Institutional Grant and Scholarship Opportunities

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.

Eligible Criteria:

have either graduated from high school in the United States, or earned a high school equivalency diploma
be pursuing an A.S. or A.O.S. degree at LIBI
be enrolled in full-time study and matriculated each semester the EXCEL at LIBI Scholarship is awarded

Application Procedure:

Applications and procedures on how to apply are available at the Financial Aid Office at each LIBI location or online.

LIBI ASSISTANCE GRANT

The LIBI Assistance Grant was created to assist qualifying students with tuition and other educational costs. The grant is for the sole purpose of supplementing tuition, books, and other required materials and is applied directly to the student account.

Eligible Criteria:

Students must be registered for a minimum of 12 credits per semester.
To be considered, a student must complete a grant application and will be required to submit proof of income in the form of W-2s and completed tax returns, residency status, and other documentation as required.
Interested students should inquire within the Financial Aid Department for prequalification and to obtain and submit a grant application.

Pre-Qualification Requirements Include, But Are Not Limited To:

non-residents of New York State or;
non-residents of the United States or;
students classified as financial independent with no dependents. Pre-qualification should not be confused with pre-approval, and does not guarantee a grant will be offered.

Award Amount:

The maximum award per student, per semester is $600.

Application Procedure:

Interested students should inquire within the Financial Aid Department for prequalification and to obtain and submit a grant application.
Applications are accepted on a rolling basis.
Applications and procedures on how to apply are available at the Financial Aid Office at each LIBI location or online.
Deadline for application is the last day of the Late Registration period each semester.

Students should ask a Financial Aid Specialist for more information. Awards are credited to student accounts at the end of the completed semester. A budgeted amount is set aside each fiscal year for disbursement of the grant; however, there is no maximum or minimum number of awards per semester. At any time, and at the discretion of the LIBI Corporation, a cap may be placed on the LIBI Assistance Grant funds. Regulation mandates that the institutional grant must be awarded to a small number of
the student population. Through individualized counseling, the Financial Aid Office considers the specific needs of each student and prepares a personalized financial guide. This guide identifies financial options available through federal and state programs.

EDUCATIONAL OPPORTUNITY IN AMERICA GRANT

Students who have been accepted into an AOS program but are ineligible for state grant funding due to the one-year residency requirement may apply for LIBI’s Educational Opportunity in America Grant.

Eligible Criteria:

To qualify, students must prove recent immigration to the United States.
In order to continuously receive this grant, the student must maintain Satisfactory Academic Progress (SAP) as outlined in this catalog.
Students receiving this grant must maintain a full-time status.

Award Amount:

The maximum award per student per semester is $1500.

Application Procedure:

Deadline for application is the last day of the Add/Drop period (Late Registration) each semester.

Download Educational Opportunity in America Grant Form

LIBI INTERNATIONAL STUDENT MERIT SCHOLARSHIP

LIBI offers merit based scholarships to qualified international (F-1 status) students who are enrolled full-time in one of LIBI’s programs.

Eligible Criteria:

Be an international student (F-1 status).
Enrolled full-time in one of LIBI’s programs.
Earned a GPA of 3.0 or better.
Be in good academic and disciplinary standing.
Must maintain a GPA of 3.0 and remain in good standing in order to qualify for subsequent semester awards.
Complete an interview with the Designated International Student Officer.
Demonstrate successful progress in their chosen program.

Award Amount:

Award up to fifty percent of tuition costs and hundred percent of college fees after their first semester of study.

Application Procedure:

Deadline: Applications for the LIBI International Student Merit Scholarship will be accepted from the first day of the semester through the last day of the Late Registration period.
International students will be automatically considered for the scholarship if they meet the appropriate eligibility criteria, pending availability of funds. The student is responsible for any tuition cost in excess of that amount, as well as any fees associated with enrollment.

LIBI ALUMNI SCHOLARSHIP

All alumni who have completed an associate degree at LIBI and wish to enroll into another AOS program at LIBI are eligible to apply.

Eligible Criteria:

Have completed an associate degree at LIBI.
Be enrolled full-time in one of LIBI’s programs.
Have earned a GPA of 2.5 or better.
Be in good academic and disciplinary standing.
Maintain a minimum cumulative GPA of 2.5 in order to maintain eligibility for any subsequent disbursements of the scholarship
Nominees will be chosen on the basis of academics, personal interview, and demonstration of possession of all of the qualities exemplified of a successful LIBI graduate, i.e., attitude, motivation, and progress.

Award Amount:

Award amount: up to $1,500 per semester, pending availability of funds.
The student is responsible for any tuition cost in excess of that amount, as well as any fees associated with enrollment

Application Procedure:

Submit your application and most recent transcript to the Career Services Office, which will be forwarded to the Scholarship Award Committee.
The Scholarship Award Committee will review the documents and request and interview with all candidates.
Deadline for application is the last day of the Add/Drop period (Late Registration) each semester.

Download LIBI Alumni Scholarship Form

LIBI ALUMNI ACADEMIC ADVANCEMENT SCHOLARSHIP

All alumni who have completed a college-level certificate program at LIBI and wish to enroll into an AOS program at LIBI are eligible to apply.

Eligible Criteria:

Students must have successfully completed one of LIBI’s college-level certificate programs and wish to enroll into an AOS program at LIBI.
Have a GPA of 3.0 or better to qualify.
Maintain a minimum cumulative GPA of 2.0 in order to maintain eligibility.
Finish the first or any subsequent semesters of their new program will forfeit the scholarship award for that semester.
Demonstrate successful completion of their certificate program.
Complete an interview with the Career Services Office.

Award Amount:

Up to $750 per semester, pending availability of funds.
The award will be posted to the student’s account upon successful completion of each semester.
The student is responsible for any tuition cost in excess of that amount, as well as any fees associated with enrollment.

Application Procedure:

Submit your application and most recent transcript to the Career Services Office, which will be forwarded to the Scholarship Award Committee.
The Scholarship Award Committee will review the documents and request and interview with all candidates.
Deadline for application is the last day of the Add/Drop period (Late Registration) each semester.

Download LIBI Alumni Academic Advancement Scholarship Form

MAJOR GENERAL RICHARD S. COLT PUBLIC SERVICE SCHOLARSHIP

Major General Richard S. Colt is the designer of Long Island Business Institute’s Homeland Security and Security Management Program. He is the former Commanding General of the 77th Regional Support Command and retired from the US Army after 38 years of service. Major General Colt’s military awards include the Distinguished Service Medal, Legion of Merit with one Oak Leaf Cluster, the Bronze Star Medal, the Meritorious Service Medal with two Oak Leaf Clusters, the Army Commendation Medal with two Oak Leaf Clusters, the Army Achievement Medal, Vietnam Service Medal with two service stars, the Republic of Vietnam Honor Medal First Class, the Vietnam Campaign Medal, the Republic of Vietnam Gallantry Cross with Palm Unit Citation Badge, a Meritorious Unit Commendation Medal, and the Combat Infantryman Badge.

Long Island Business Institute realizes the significance of public servants and volunteers. The hard work these dedicated individuals do to serve their communities is praiseworthy and deserving of appreciation. Long Island Business Institute developed the Major General Richard S. Colt Public Service Scholarship with that goal in mind. LIBI supports their efforts to proceed forward with their careers by sponsoring this scholarship.

Eligible Criteria:

Submit a current identification from their respective agency.
Submit an essay describing their volunteer and work assignments and an explanation of what they plan to accomplish with the degree upon completion.
Submit one letter of recommendation from an administrative supervisor certifying the service.
Have served as an active volunteer for their organization for a minimum of six consecutive months with one agency prior to application.
Submit a letter and update it annually for the scholarship benefits to continue.
Have a form signed by the volunteer supervisor and notarized.
Maintain a minimum cumulative GPA of 3.0 in order to maintain eligibility.
Qualifying family members who utilize the scholarship must submit the required documentation required by the public servants and volunteers. Family members of the qualifying applicants include spouses, parents, stepparents, children, and stepchildren.
Family members applying for the scholarship will be evaluated on an individual basis by the Scholarship Award Committee.
Priority will be given to those in public service or volunteer positions.
Complete an interview with the Executive Director of the Homeland Security Program.
Nominees will be chosen on the basis of academics, personal interview, and demonstration of possession of all of the qualities exemplified of a successful LIBI graduate, i.e., attitude, motivation, and progress.

Award Amount:

A $500 scholarship will be awarded to the recipients per semester contingent on satisfactory academic progress at the end of each semester.

Application Procedure:

Submit your application and most recent transcript to the Executive Director of the Homeland Security Program, who will forward to the Scholarship Award Committee.
The Scholarship Award Committee will review the documents and request an interview with the candidates.
Deadline for application is the last day of the Add/Drop period (Late Registration) each semester.

Download Major General Richard S. Colt Public Service Scholarship Form

LUCIA BRAATEN SCHOLARSHIP

A grant has been established in the name of Lucia Braaten for her outstanding commitment to the success of our students and alumni. A Faculty member must nominate a candidate.

Eligible Criteria:

Be enrolled in Court Reporting III, CRT203, or above.
Have a cumulative GPA of 3.75or highe.
Have maintained all grades at B+ or above.
Have not repeated any classes.
Be a civic-minded individual.
Demonstrated proficiency in Court Reporting III, CRT203.
Demonstrated potential for making a significant contribution to the field of Court Reporting.
Nominees will be chosen on the basis of academics, personal interview, and demonstration of possession of all of the qualities exemplified of a successful LIBI graduate, i.e., attitude, motivation, and progress.

Award Amount:

The maximum award will be $1,000 per candidate.
The minimum award will be $500, pending availability of funds.
The student is responsible for any tuition cost in excess of that amount, as well as any fees associated with enrollment.
No more than three scholarships will be awarded each year.

Application Procedure:

Student must obtain a letter of recommendation from a faculty member who has been their instructor within the last two semesters.
Faculty members who nominate candidates must submit a letter to the Scholarship Award Committee outlining and documenting the reasons for this award.
Submit your application, letter of recommendation, and a recent transcript to the Assistant Campus Director, who will forward to the Scholarship Award Committee.
Deadline for application is the last day of the Add/Drop period (Late Registration) each semester.

Download Lucia Braaten Scholarship Form

Interested in Learning More About Scholarship Opportunities? Get More Info…

For more information on scholarship opportunities, career training and to explore if LIBI is right for you, fill out the form on this page to receive more information.

For immediate questions, call 718-939-5100