Ms Rice is not the only well-known name LIPA has managed to secure as a guest over the coming weeks.
Thespian Sir Ian McKellen has agreed to make an appearance on April 21after a decade of approaches from Mr Featherstone-Witty. He will hold a question and answer session with the students.
The 65-year-old is an acclaimed stage actor but has become most well known recently for his role as Gandalf in the Lord of the Rings film trilogy and his stint as a crooked novelist in Coronation Street.
He is in the city to star in a new play, The Cut, which is about an ordinary man with a shocking secret. It runs at Liverpool Playhouse between April 18-22.
Former Radio 1 DJ Mark Radcliffe has also been recruited to host a national talent show at the institute on April 8.
Mr Featherstone-Witty said: "Sir Ian will be a fabulous inspiration to our students and I'm sure there will be plenty of topics they want to quiz him on.
"I have been chasing him since 1996 to come and visit so it is a great thrill to have finally succeeded.
"We aim to give our students as many great experiences as possible."
A spokeswoman for Sir Ian said: "He is very much looking forward to coming to Liverpool and performing The Cut as well as visiting institutions in the city."
