LIM College

Special Focus Institutions

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2017 Undergraduate Tuition

$25,575

2.51% growth from 2016

2017 Average Net Price

$37,261

After Financial Aid

2016 Student Loan

6.3%

Default Rate

2017 Acceptance Rate

92.9%

1,174 Applicants

2017 Enrolled Students

1,713

86.5% Full-Time

2017 Graduation Rate

45.7%

147 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

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 (197 degrees awarded), General Marketing & Marketing Management (56 degrees), and General Business Administration & Management (27 degrees).

In 2017, 456 degrees were awarded across all undergraduate and graduate programs at LIM College. 95.2% of these degrees were awarded to women, and 4.82% awarded men. The majority of degree recipients were white (218 degrees), 2.66 times more than then the next closest race/ethnicity group, black or african american (82 degrees).

The median undergraduate tuition at LIM College is $25,575, which is $11,575 more than the national average for Special Focus Institutions ($14,000).

Photo by Alex Proimos

Special Focus Four-Year: Business & Management SchoolsSpecial Focus Institutions

Costs

The median undergraduate tuition at LIM College is $25,575, which is $11,575 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $37,261.

In 2017, 69% of undergraduate students received federal grants, while 60% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$25,575

2017 Undergraduate Tuition

In 2017, the cost of tuition at LIM College was $25,575. The cost of tuition at LIM College is $11,575 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

This chart compares the tuition costs of LIM College (in red) with those of other similar universities.

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Average Net Price

$37,261

2017 Value

3.39%

1 Year Growth

In 2017 LIM College had an average net price — the price paid after factoring in grants and loans — of $37,261. Between 2016 and 2017, the average net price of LIM College grew by 3.39%.

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

$15,775

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at LIM College was of $15,775 in 2017. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 1.61% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at LIM College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

69%

Of Undergraduates Receive Grants

60%

Of Undergraduates Receive Federal Loans

69% of undergraduate students at LIM College received grants or loans in 2017. This represents a growth of 4.55% with respect to 2016, when 66% 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.

6.3%

2016 Default Rate

32

Number of Defaults

In 2016 the default rate for borrower's at LIM College was 6.3%, which represents 32 out of the 508 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 1,174 undergraduate applications in 2017, which represents a 11.3% annual growth. Out of those 1,174 applicants, 1,091 students were accepted for enrollment, representing a 92.9% acceptance rate.

There were 1,713 students enrolled at LIM College in 2017, and 72% of first-time enrollees submitted SAT scores with their applications.

LIM College has an overall enrollment yield of 23.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92.9%

Acceptance Rate in 2017

1,091

Accepted Out of 1,174

In 2017, the undergraduate acceptance rate of LIM College was 92.9% (1,091 admissions from 1,174 applications). This is lower than the acceptance rate of 2016, which was 93.5%. Between 2016 and 2017, the number of applicants grew by 11.3%, while admissions grew by 10.6%.

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

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SAT Scores

72%

Submission Percentage

181

Scores Submitted

72% of enrolled first-time students at LIM College in 2017 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 1,713 students. The full-time enrollment at LIM College is 1,481 students and the part-time enrollment is 232. This means that 86.5% of students enrolled at LIM College are enrolled full-time.

The enrolled student population at LIM College, both undergraduate and graduate, is 48.3% White, 17.7% Black or African American, 7.65% Hispanic or Latino, 7.47% Asian, 1.23% American Indian or Alaska Native, 1.05% Two or More Races, and 0.467% Native Hawaiian or Other Pacific Islanders.

Students enrolled at LIM College in full-time Undergraduate programs are majority White Female (48.7%), followed by Black or African American Female (13.5%) and Asian Female (6.97%). Students enrolled in full-time Graduate programs are majority White Female (23.9%), followed by Black or African American Female (22.2%) and Asian Female (6.82%).

Full-Time vs Part-Time Enrollment

86.5%

Full-Time Enrollment

The total enrollment at LIM College, both undergraduate and graduate, is 1,713 students. The full-time enrollment at LIM College is 1,481 and the part-time enrollment is 232. This means that 86.5% of students enrolled at LIM College are enrolled full-time compared with 71.1% 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

68%

2017 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 68%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), 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

    828

  2. Black or African American

    303

  3. Hispanic or Latino

    131

The enrolled student population at LIM College is 48.3% White, 17.7% Black or African American, 7.65% Hispanic or Latino, 7.47% Asian, 1.23% American Indian or Alaska Native, 1.05% Two or More Races, and 0.467% 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 44.7% White, 15.6% Hispanic or Latino, and 15.5% 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, 126 students (7.36%) did not report their race.

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Graduates

In 2017, 412 more women than men received degrees from LIM College. The majority of degree recipients at LIM College are white (218 degrees awarded). There were 2.66 times more white graduates than the next closest race/ethnicity group, black or african american (82 degrees).

The most common Bachelor's Degree concentration at LIM College is Fashion Merchandising (197 degrees awarded), followed by General Marketing & Marketing Management (56 degrees) and General Business Administration & Management (27 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 (425 degrees awarded) and Visual & Performing Arts (31 degrees).

Workforce

Common Jobs by Major

Accountants & auditors

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 (1,088,077 people), Other managers (633,964 people), Financial managers (418,448 people), Chief executives & legislators (311,764 people), and Firstline supervisors of retail sales workers (288,743 people).

The most specialized majors at LIM College are Business (425 degrees awarded) and Visual & Performing Arts (31 degrees).

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Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at LIM College are Surgeons, Dentists, Physicians, Magnetic resonance imaging technologists, and Diagnostic medical sonographers

The most specialized majors at LIM College are Business (425 degrees awarded) and Visual & Performing Arts (31 degrees).

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Common Industries by Major

Elementary & secondary schools

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 (574,657 people), Banking & related activities (486,859 people), Computer Systems Design (442,260 people), Colleges, universities & professional schools, including junior colleges (395,828 people), and Accounting, tax preparation, bookkeeping & payroll services (391,596 people).

The most specialized majors at LIM College are Business (425 degrees awarded) and Visual & Performing Arts (31 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. Fashion Merchandising

    197 degrees awarded

  2. General Marketing & Marketing Management

    56 degrees awarded

  3. General Business Administration & Management

    27 degrees awarded

In 2017, the most common bachelors degree concentration at LIM College was Fashion Merchandising with 197 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 22

  2. 434

In 2017, 22 degrees were awarded to men at LIM College, which is 0.0507 times less than the number of degrees awarded to females (434).

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

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Most Common Male Majors

In 2017, 11 degrees were awarded to men at LIM College in Fashion Merchandising, which is 0.0553 times less than the 199 female recipients with that same degree.

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Most Common Female Majors

In 2017, 199 degrees were awarded to women at LIM College in Fashion Merchandising, which is 18.1 times more than the 11 male recipients with that same degree.

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Time to Complete

47%

100% Completion Time

52%

150% Completion Time

In 2017, 47% of students graduating from LIM College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 53% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (51.1%)

The student demographic with the highest graduation rate at LIM College is Female and White (51.1% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

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, 1.36% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    218 degrees awarded

  2. Black or African American

    82 degrees awarded

  3. Hispanic or Latino

    52 degrees awarded

The most common race/ethnicity at LIM College is white (218 degrees awarded). There were 2.66 times more white recipients than the next closest race/ethnicity group, black or african american (82 degrees).

2.41% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    212 degrees awarded

  2. Black or African American Female

    76 degrees awarded

  3. Hispanic or Latino Female

    49 degrees awarded

The most common race/ethnicity and gender grouping at LIM College is white female (212 degrees awarded). There were 2.79 times more white female recipients than the next closest race/ethnicity group, black or african american female (76 degrees).

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Operations

LIM College has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $5.62k (N/A%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, LIM College had a total salary expenditure of $51.4M. LIM College employs 9 Lecturers, 5 Assistant professors, and 3 Associate professors. Most academics at LIM College are Female Lecturers (5), Male Lecturers(4), and Male Assistant professors (3).

The most common positions for non-instructional staff at LIM College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 47 employees, Management, with 45 employees, and Office and Administrative Support with 9 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

LIM College has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of LIM College stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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. $114k - Federal

  2. $464k - State

  3. $0 - Local

As of 2017, LIM College received $114k in grants and contracts from the federal government, $464k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$16M

2017 Salaries

3.53%

growth from 2016

In 2017, LIM College paid a median of $16M in salaries, which represents 31.1% of their overall expenditure ($51.4M) and a 3.53% growth from the previous year. This is compared to a 1.7% decline from 2015 and a 5.82% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$1.36M

Instructional Salaries

19

Number of Employees

In 2017, LIM College paid a total of $1.36M to 19 employees working as instructors, which represents 8.48% of all salaries paid.

This is compared to a median of $385k (29%) for similar Special Focus Four-Year: Business & Management Schools.

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Faculty and Staff

Occupations by Share

Lecturer

Most Common Instructor

9 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

47 Employees

In 2017, the most common positions for instructional staff at LIM College were Lecturer with 9 employees; Assistant professor with 5 employees; and Assistant professor with 3 employees.

In 2017, the most common positions for non-instructional staff at LIM College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 47 employees; Management with 45 employees; and Office and Administrative Support with 9 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Lecturer

  2. Male Lecturer

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at LIM College was Female Lecturer with 5 employees, Male Lecturer with 4 employees, and Male Assistant professor with 3 employees.

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

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