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. Our flagship EXCEL at LIBI Scholarship gives qualifying students up to $2000 towards their tuition. But we have other scholarships available as well, such as LIBI’s Alumni Scholarship, Pursuit of Higher Education Grant, and more.

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.

Additional Scholarship Opportunities

LIBI PURSUIT OF HIGHER EDUCATION GRANT

Effective July 2015 matriculated students who are only eligible for partial Title IV funding due to the lack of a high school diploma or a high school equivalency diploma can qualify to receive the LIBI Pursuit of Higher Education Grant.

Eligible Criteria:

  • Students must complete a full-time course load of one semester and successfully progress toward the attainment of a New York State high school equivalency diploma based on earned college credit.

Award Amount:

  • The maximum award per student per semester is $500.
  • Amount is disbursed at the end of each semester.

Application Procedure:

  • Deadline for application is the last day of the Add/Drop period (Late Registration) each semester.
  • Once a student obtains the New York State high school equivalency diploma, he/she will no longer be qualified for the LIBI Pursuit of Higher Education Grant.

Download LIBI Pursuit of Higher Education 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

MILESTONE SCHOLARSHIP

Scholarship Criteria:

  • Must be a high school graduate.

  • Must be a full time student.

  • Must be interviewed by the Retention Committee members.

  • An essay of a minimum of 500 words(double spaced sentences) to be submitted on one of the five following topics is required:

    1.       What are you expecting from a college education?

    2.       How would getting a free education at LIBI impact your life?

    3.       How would you use your education to change the world?

    4.       Discuss special accomplishments and/or attributes that might set you apart from other candidates.

    5.       Pick an experience from your life and explain how it influenced your decision to attend college.

  • To continue to receive the scholarship, you must:

    1.       Sign a contract agreeing to the terms of the scholarship.

    2.       Maintain a minimum GPA of 3.5 with no grade lower than a “C”.

    3.       Take at least 2 AEU classes each semester.

    4.       Continue to be a full time student.

    5.       Become a LIBI Ambassador by being involved with the various activities that LIBI does for the community.

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