LIM College

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2020 Undergraduate Tuition
$27,936
3.51% growth from 2019
2020 Average Net Price
$37,470
After Financial Aid
2018 Student Loan
5.45%
Default Rate
2020 Acceptance Rate
84%
1,354 Applicants
2020 Enrolled Students
1,681
80.4% Full-Time
2020 Graduation Rate
50.8%
133 Graduates

About

LIM College is a higher education institution located in New York County, NY. In 2016, the most popular Bachelor's Degree concentrations at LIM College were Fashion Merchandising (191 degrees awarded), General Marketing & Marketing Management (61 degrees), and General Design & Visual Communications (24 degrees).

In 2020, 539 degrees were awarded across all undergraduate and graduate programs at LIM College. 91.3% of these degrees were awarded to women, and 8.72% awarded men. The most common race/ethnicity group of degree recipients was white (211 degrees), 2.45 times more than then the next closest race/ethnicity group, black or african american (86 degrees).

The median undergraduate tuition at LIM College is $27,936, which is $13,536 more than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at LIM College is $27,936, which is $13,536 more than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $37,470.

In 2020, 83% of undergraduate students attending LIM College received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$27,936
2020 Undergraduate Tuition

In 2020, the cost of tuition at LIM College was $27,936. The cost of tuition at LIM College is $13,536 more than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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Average Net Price

$37,470
2020 Value
5.87%
1 Year Growth

In 2020 LIM College had an average net price — the price paid after factoring in grants and loans — of $37,470. Between 2019 and 2020, the average net price of LIM College grew by 5.87%.

This chart compares the average net price of LIM College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$18,270
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at LIM College was of $18,270 in 2020. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 15.8% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

83%
Undergraduates Receiving Financial Aid through Grants
62%
Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at LIM College received financial aid through grants or loans in 2020. This represents a growth of 9.21% with respect to 2019, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at LIM College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
5.45%
2018 Default Rate
31
Number of Defaults

In 2018 the default rate for borrower's at LIM College was 5.45%, which represents 31 out of the 569 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

LIM College received 1,354 undergraduate applications in 2020, which represents a 3.9% annual decline. Out of those 1,354 applicants, 1,138 students were accepted for enrollment, representing a 84% acceptance rate.

There were 1,681 students enrolled at LIM College in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

LIM College has an overall enrollment yield of 18.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84%
Acceptance Rate in 2020
1,138
Accepted Out of 1,354

In 2020, the undergraduate acceptance rate of LIM College was 84% (1,138 admissions from 1,354 applications). This is higher than the acceptance rate of 2019, which was 83.5%. Between 2019 and 2020, the number of applicants declined by −3.9%, while admissions declined by −3.23%.

This chart compares the acceptance rate of LIM College (in red) with that of other similar universities.

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SAT Scores

N/A%
Submission Percentage
0
Scores Submitted

N/A% of enrolled first-time students at LIM College in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

LIM College has a total enrollment of 1,681 students. The full-time enrollment at LIM College is 1,352 students and the part-time enrollment is 329. This means that 80.4% of students enrolled at LIM College are enrolled full-time.

The enrolled student population at LIM College, both undergraduate and graduate, is 38.8% White, 22.5% Black or African American, 17.7% Hispanic or Latino, 7.14% Asian, 0.654% American Indian or Alaska Native, 0.476% Two or More Races, and 0.297% Native Hawaiian or Other Pacific Islanders.

Students enrolled at LIM College in full-time Undergraduate programs are most commonly White Female (38.4%), followed by Black or African American Female (18.2%) and Hispanic or Latino Female (16.8%). Students enrolled in full-time Graduate programs are most commonly White Female (38.8%), followed by Black or African American Female (26.1%) and Hispanic or Latino Female (10.1%).

Full-Time vs Part-Time Enrollment

80.4%
Full-Time Enrollment

The total enrollment at LIM College, both undergraduate and graduate, is 1,681 students. The full-time enrollment at LIM College is 1,352 and the part-time enrollment is 329. This means that 80.4% of students enrolled at LIM College are enrolled full-time compared with 68.5% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at LIM College (in red) compares to similar universities.

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Retention Rate over Time

63%
2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at LIM College was 63%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), LIM College had a retention rate lower than its peers.

This chart shows the retention rate over time at LIM College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    653
  2. Black or African American
    379
  3. Hispanic or Latino
    297

The enrolled student population at LIM College is 38.8% White, 22.5% Black or African American, 17.7% Hispanic or Latino, 7.14% Asian, 0.654% American Indian or Alaska Native, 0.476% Two or More Races, and 0.297% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44% White, 17.3% Hispanic or Latino, and 14.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 69 students (4.1%) did not report their race.

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Graduates

In 2020, 445 more women than men received degrees from LIM College. The most common race/ethnicity group of degree recipients at LIM College is white (211 degrees awarded). There were 2.45 times more white graduates than the next closest race/ethnicity group, black or african american (86 degrees).

The most common Bachelor's Degree concentration at LIM College is Fashion Merchandising (191 degrees awarded), followed by General Marketing & Marketing Management (61 degrees) and General Design & Visual Communications (24 degrees).

The most specialized majors across all degree types at LIM College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (501 degrees awarded), Visual & Performing Arts (24 degrees), and Communications (14 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at LIM College are Accountants & auditors (1,049,369 people), Other managers (751,677 people), Financial managers (463,613 people), Chief executives & legislators (380,040 people), and Firstline supervisors of retail sales workers (321,869 people).

The most specialized majors at LIM College are Business (501 degrees awarded), Visual & Performing Arts (24 degrees), and Communications (14 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at LIM College are Nuclear medicine technologists and medical dosimetrists, Surgeons, Physicians, Magnetic resonance imaging technologists, and Chief executives & legislators

The most specialized majors at LIM College are Business (501 degrees awarded), Visual & Performing Arts (24 degrees), and Communications (14 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at LIM College are Elementary & secondary schools (706,216 people), Computer Systems Design (531,052 people), Banking & related activities (508,341 people), Colleges, universities & professional schools, including junior colleges (507,114 people), and Insurance carriers (449,740 people).

The most specialized majors at LIM College are Business (501 degrees awarded), Visual & Performing Arts (24 degrees), and Communications (14 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by LIM College.
Most Common
  1. 191 degree-majorss awarded
  2. 61 degree-majorss awarded
  3. 24 degree-majorss awarded

In 2020, the most common bachelors degree concentration at LIM College was Fashion Merchandising with 191 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at LIM College according to their major.

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Sex Breakdown for Common Majors

47
Degrees Awarded to Men
in 2020
492
Degrees Awarded to Women
in 2020

In 2020, 47 degrees were awarded to men at LIM College, which is 0.0955 times less than the number of degrees awarded to females (492).

This chart displays the sex disparity between the top 5 majors at LIM College by degrees awarded.

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Most Common Male Majors

In 2020, 16 degrees were awarded to men at LIM College in Other Marketing, which is 0.174 times less than the 92 female recipients with that same degree.

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Most Common Female Majors

In 2020, 190 degrees were awarded to women at LIM College in Fashion Merchandising, which is 12.7 times more than the 15 male recipients with that same degree.

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Time to Complete

44%
100% Completion Time
58%
150% Completion Time

In 2020, 44% of students graduating from LIM College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 60% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (81.3%)

The student demographic with the highest graduation rate at LIM College is Female and Asian (81.3% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 15% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    211 degrees awarded
  2. Black or African American
    86 degrees awarded
  3. Unknown
    67 degrees awarded

The most common race/ethnicity at LIM College is white (211 degrees awarded). There were 2.45 times more white recipients than the next closest race/ethnicity group, black or african american (86 degrees).

12.4% of degree recipients (67 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    195 degrees awarded
  2. Black or African American Female
    75 degrees awarded
  3. Hispanic or Latino Female
    46 degrees awarded

The most common race/ethnicity and sex grouping at LIM College is white female (195 degrees awarded). There were 2.6 times more white female recipients than the next closest race/ethnicity group, black or african american female (75 degrees).

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Operations

LIM College has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $8.04k (NaNk%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, LIM College had a total salary expenditure of $50.6M. LIM College employs 6 Lecturers, 5 Assistant professors, and 4 Associate professors. Most academics at LIM College are Female Lecturers (4), Female Associate professors(3), and Female Assistant professors (3).

The most common positions for non-instructional staff at LIM College are: Management, with 38 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 38 employees, and Office and Administrative Support with 10 employees.

Finances

Endowment

0%
growth from 2019

This line chart shows how the endowment at LIM College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $202k - Federal
  2. $547k - State
  3. $0 - Local

As of 2020, LIM College received $202k in grants and contracts from the federal government, $547k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$16.3M
2020 Salaries
6.91%
decline from 2019

In 2020, LIM College paid a median of $16.3M in salaries, which represents 32.2% of their overall expenditure ($50.6M) and a 6.91% decline from the previous year. This is compared to a 2.8% growth from 2018 and a 6.19% growth from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$1.21M
Instructional Salaries
16
Number of Employees

In 2020, LIM College paid a total of $1.21M to 16 employees working as instructors, which represents 7.41% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Lecturer
Most Common Instructor
6 Employees
Management
Most Common Non-Instructional Employee
38 Employees

In 2020, the most common positions for instructional staff at LIM College were Lecturer with 6 employees; Assistant professor with 5 employees; and Assistant professor with 4 employees.

In 2020, the most common positions for non-instructional staff at LIM College were Management with 38 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees; and Office and Administrative Support with 10 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Lecturer
  2. Female Associate professor
  3. Female Assistant professor

In 2020, the most common demographic for instructional staff at LIM College was Female Lecturer with 4 employees, Female Associate professor with 3 employees, and Female Assistant professor with 3 employees.

This chart shows the sex split between each academic rank present at LIM College.

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