The Tipperary Rural & Business Development Institute (TRBDI), a college of higher education, development agency and research centre founded by the Irish Government in 1998, opens in Thurles, County Tipperary on September 27, 1999. It is one of the five constituent schools of Limerick Institute of Technology (LIT).

Taoiseach Bertie Ahern officially inaugurates the institute on April 7, 2000. The college uses Tipperary Institute as its trading name. In 2010 the Irish government introduces rationalization measures to cut costs of third level bodies, and commences a merger between Tipperary Institute and Limerick Institute of Technology. The formal integration of Tipperary Institute into LIT on September 1, 2011, sees the two campuses become LIT Tipperary.

The college has two academic departments: Business, Education and Social Science and Technology, Media and Science. It is fully accredited by the Higher Education and Training Awards Council (HETAC) and offers National Framework of Qualifications Level 7 and Level 8 full-time degree courses, as well as a number of part-time and evening courses. The college also facilitates the joint-run BSc (Hons) in Strength & Conditioning (level 8) in conjunction with online sports college Setanta College.