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The Haigazian University libraries consist of the Barsumian Library and the Derian Armenological Library. The Barsumian Library is named in honor of judge Nazareth Barsumian, who generously supported it during his lifetime. On October 13, 2008, the Armenological library was named after Henry and Anahis Derian in gratitude for their generous support to the University.

    Barsumian Library
The libraries were started in 1955 in the Stephen Philibosian Student Center, a ten-room house converted for college use. Rev. Dikran Kherlopian, professor of Armenian Studies and first Head of the Armenian Department, had started a fine collection of Armenian books housed in his office.
       Derian Library

In 1965, both libraries moved to the newly added seven-storey Mehagian Building. The Armenian library was placed in a very spacious classroom on the second floor and the English Library on the third floor. A few years later, as the number of Armenian books increased,  the Armenian Library was transferred to the Stephen Philibosian Student Center's third floor, which was specially designed for this purpose.

Over the years both collections were expanded and in 1972 were moved to the second and third floors of the newly acquired Mugar building.

In 1985 the College moved to East Beirut for security reasons and was temporarily located in the Bethania Building. In 1987 it moved to the former Christian Medical Center in Ashrafieh, where the library collections were miraculously preserved intact.

With the return of peace and security to Lebanon, Haigazian University returned to the campus in Kantari during the fall of 1997, and the libraries went back to their former locations in the Mugar Building.