LIM College

Special Focus Institutions

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2016 Undergraduate Tuition

$24,950

2.89% growth from 2015

2016 Average Net Price

$36,040

After Financial Aid

2015 Student Loan

4.65%

Default Rate

2016 Acceptance Rate

93.5%

1,055 Applicants

2016 Enrolled Students

1,720

89.9% Full-Time

2016 Graduation Rate

53.4%

175 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 (193 degrees awarded), General Marketing & Marketing Management (59 degrees), and General Design & Visual Communications (27 degrees).

In 2016, 450 degrees were awarded across all undergraduate and graduate programs at LIM College. 94% of these degrees were awarded to women, and 6% awarded men. The majority of degree recipients were white (232 degrees), 3.63 times more than then the next closest race/ethnicity group, black or african american (64 degrees).

The median undergraduate tuition at LIM College is $24,950, which is $10,979 more than the national average for Special Focus Institutions ($13,971).

Photo by Alex Proimos

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

Costs

The median undergraduate tuition at LIM College is $24,950, which is $10,979 more than the national average for Special Focus Institutions ($13,971).

After taking grants and loans into account, the average net price for students is $36,040.

In 2016, 66% of undergraduate students received federal grants, while 61% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$24,950

2016 Undergraduate Tuition

In 2016, the cost of tuition at LIM College was $24,950. The cost of tuition at LIM College is $10,979 more than than the overall (public and private) national average for Special Focus Institutions ($13,971).

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

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Average Net Price

$36,040

2016 Value

3.49%

1 Year Growth

In 2016 LIM College had an average net price — the price paid after factoring in grants and loans — of $36,040. Between 2015 and 2016, the average net price of LIM College grew by 3.49%.

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

$15,525

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at LIM College was of $15,525 in 2016. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board did not change between 2015 and 2016. 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

66%

Of Undergraduates Receive Grants

61%

Of Undergraduates Receive Federal Loans

66% of undergraduate students at LIM College received grants or loans in 2016. This represents a decline of 2.94% with respect to 2015, when 68% 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.

4.65%

2015 Default Rate

20

Number of Defaults

In 2015 the default rate for borrower's at LIM College was 4.65%, which represents 20 out of the 430 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 1,055 undergraduate applications in 2016, which represents a 1.4% annual decline. Out of those 1,055 applicants, 986 students were accepted for enrollment, representing a 93.5% acceptance rate.

There were 1,720 students enrolled at LIM College in 2016, and 77% of first-time enrollees submitted SAT scores with their applications.

LIM College has an overall enrollment yield of 26.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

93.5%

Acceptance Rate in 2016

986

Accepted Out of 1,055

In 2016, the undergraduate acceptance rate of LIM College was 93.5% (986 admissions from 1,055 applications). This is higher than the acceptance rate of 2015, which was 90.6%. Between 2015 and 2016, the number of applicants declined by -1.4%, while admissions grew by 1.75%.

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

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SAT Scores

77%

Submission Percentage

200

Scores Submitted

77% of enrolled first-time students at LIM College in 2016 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 1,720 students. The full-time enrollment at LIM College is 1,547 students and the part-time enrollment is 173. This means that 89.9% of students enrolled at LIM College are enrolled full-time.

The enrolled student population at LIM College, both undergraduate and graduate, is 50.8% White, 15.7% Black or African American, 9.65% Hispanic or Latino, 6.22% Asian, 1.74% Two or More Races, 0.814% American Indian or Alaska Native, and 0.407% Native Hawaiian or Other Pacific Islanders.

Students enrolled at LIM College in full-time Undergraduate programs are majority White Female (50.3%), followed by Black or African American Female (12.9%) and Hispanic or Latino Female (9.36%). Students enrolled in full-time Graduate programs are majority White Female (27.2%), followed by Black or African American Female (25.2%) and Asian Female (4.08%).

Full-Time vs Part-Time Enrollment

89.9%

Full-Time Enrollment

The total enrollment at LIM College, both undergraduate and graduate, is 1,720 students. The full-time enrollment at LIM College is 1,547 and the part-time enrollment is 173. This means that 89.9% of students enrolled at LIM College are enrolled full-time compared with 70.8% 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

76%

2016 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 76%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), LIM College had a retention rate higher 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

    873

  2. Black or African American

    270

  3. Hispanic or Latino

    166

The enrolled student population at LIM College is 50.8% White, 15.7% Black or African American, 9.65% Hispanic or Latino, 6.22% Asian, 1.74% Two or More Races, 0.814% American Indian or Alaska Native, and 0.407% 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 45.5% White, 15.4% Black or African American, and 15.3% Hispanic or Latino.

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, 103 students (5.99%) did not report their race.

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Graduates

In 2016, 396 more women than men received degrees from LIM College. The majority of degree recipients at LIM College are white (232 degrees awarded). There were 3.63 times more white graduates than the next closest race/ethnicity group, black or african american (64 degrees).

The most common Bachelor's Degree concentration at LIM College is Fashion Merchandising (193 degrees awarded), followed by General Marketing & Marketing Management (59 degrees) and General Design & Visual Communications (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 (417 degrees awarded) and Visual & Performing Arts (33 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 (1,072,654 people), Miscellaneous managers (721,137 people), Financial managers (413,646 people), Chief executives & legislators (316,801 people), and Firstline supervisors of retail sales workers (298,584 people).

The most specialized majors at LIM College are Business (417 degrees awarded) and Visual & Performing Arts (33 degrees).

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Highest Paying Jobs by Major

Physicians & 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 Physicians & surgeons, Dentists, Dental hygienists, Chief executives & legislators, and Other healthcare practitioners & technical Occupations

The most specialized majors at LIM College are Business (417 degrees awarded) and Visual & Performing Arts (33 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 (546,155 people), Insurance carriers & related activities (516,256 people), Banking & related activities (474,699 people), Computer Systems Design (419,470 people), and Colleges, universities & professional schools, including junior colleges (379,389 people).

The most specialized majors at LIM College are Business (417 degrees awarded) and Visual & Performing Arts (33 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

    193 degrees awarded

  2. General Marketing & Marketing Management

    59 degrees awarded

  3. General Design & Visual Communications

    27 degrees awarded

In 2016, the most common bachelors degree concentration at LIM College was Fashion Merchandising with 193 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. 27

  2. 423

In 2016, 27 degrees were awarded to men at LIM College, which is 0.0638 times less than the number of degrees awarded to females (423).

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 2016, 10 degrees were awarded to men at LIM College in Fashion Merchandising, which is 0.0521 times less than the 192 female recipients with that same degree.

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Most Common Female Majors

In 2016, 192 degrees were awarded to women at LIM College in Fashion Merchandising, which is 19.2 times more than the 10 male recipients with that same degree.

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Time to Complete

43%

100% Completion Time

48%

150% Completion Time

In 2016, 43% of students graduating from LIM College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 50% 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.

Black or African American Male

Highest Graduation Rate (80%)

The student demographic with the highest graduation rate at LIM College is Male and Black or African American (80% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (67.2%).

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, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    232 degrees awarded

  2. Black or African American

    64 degrees awarded

  3. Hispanic or Latino

    49 degrees awarded

The most common race/ethnicity at LIM College is white (232 degrees awarded). There were 3.63 times more white recipients than the next closest race/ethnicity group, black or african american (64 degrees).

3.56% of degree recipients (16 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    225 degrees awarded

  2. Black or African American Female

    58 degrees awarded

  3. Hispanic or Latino Female

    45 degrees awarded

The most common race/ethnicity and gender grouping at LIM College is white female (225 degrees awarded). There were 3.88 times more white female recipients than the next closest race/ethnicity group, black or african american female (58 degrees).

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Operations

LIM College has an endowment valued at nearly $N/A, as of the end of the 2015 fiscal year. The return on its endowment was of $10.8k (N/A%), compared to the 0.512% average return ($49.1k on $9.59M) across all Special Focus Institutions.

In 2015, LIM College had a total expenditure of $45.3M. Of that $45.3M, they spent $15.7M on salaries and $45.3M on benefits.

LIM College employs 9 Lecturers, 6 Assistant professors, and 4 Associate professors. Most academics at LIM College are Female Lecturers (5), Male Lecturers(4), and Male Assistant professors (4).

The most common positions for non-instructional staff at LIM College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 43 employees, Management, with 39 employees, and Office and Administrative Support with 10 employees.

Finances

Endowment

$N/A

2015 Endowment

0%

growth from 2014

LIM College has an endowment valued at about $N/A, as of the end of the 2015 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. $116k - Federal

  2. $547k - State

  3. $0 - Local

As of 2015, LIM College received $116k 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

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$15.7M

Salary Expenditure

$45.3M

Benefits Expenditure

In 2015, LIM College had a total expenditure of $45.3M. Of that $45.3M, they spent $15.7M on salaries and $45.3M on benefits.

The bar chart shows the share of the primary expenses at LIM College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Special Focus Institutions Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at LIM College as a share of total expenditure.

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Salary Expenditure

$15.7M

2015 Salaries

5.82%

growth from 2014

In 2015, LIM College paid a median of $15.7M in salaries, which represents 34.7% of their overall expenditure ($45.3M) and a 5.82% growth from the previous year. This is compared to a 0% growth from 2013 and a 0% growth from 2012.

The median for similar Special Focus Institutions is 2.52M (38.1% of overall expenditures).

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Instructional Salaries

$1.6M

Instructional Salaries

23

Number of Employees

In 2015, LIM College paid a total of $1.6M to 23 employees working as instructors, which represents 10.2% of all salaries paid.

This is compared to a median of $639k (25.3%) for similar Special Focus Institutions.

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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

43 Employees

In 2016, the most common positions for instructional staff at LIM College were Lecturer with 9 employees; Assistant professor with 6 employees; and Assistant professor with 4 employees.

In 2016, the most common positions for non-instructional staff at LIM College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 43 employees; Management with 39 employees; and Office and Administrative Support with 10 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 2016, 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 4 employees.

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

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