LIM College

www.limcollege.edu

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2023 Undergraduate Tuition
$31,090
4.5% growth from 2022
2023 Average Net Price
$39,389
After Financial Aid
2021 Default Rate
0%
on Student Loans
2023 Acceptance Rate
98.7%
1,037 Applicants
2023 Enrolled Students
1,371
90.5% Full-Time
2023 Graduation Rate
54.5%
138 Graduates

About

LIM College is a higher education institution located in New York County, NY. In 2023, the most popular Bachelors Degree concentrations at LIM College were Fashion Merchandising (109 degrees awarded), General Marketing & Marketing Management (51 degrees), and General Business (33 degrees).

In 2023, 413 degrees were awarded across all undergraduate and graduate programs at LIM College. 89.1% of these degrees were awarded to women, and 10.9% awarded men. The most common race/ethnicity group of degree recipients was white (146 degrees), 1.74 times more than then the next closest race/ethnicity group, black or african american (84 degrees).

The median undergraduate tuition at LIM College is $31,090, which is $15,926 more than the national average for Special Focus Institutions ($15,164).

In 2021 the default rate for borrower's at LIM College was 0%, corresponding to 0 out of the 578 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at LIM College is $31,090, which is $15,926 more than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $39,389.

In 2023, 92% of undergraduate students attending LIM College received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Tuition Costs

$31,090
2023 Undergraduate Tuition

In 2023, the cost of tuition at LIM College was $31,090. The cost of tuition at LIM College is $15,926 more than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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

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Average Net Price

$39,389
2023 Value
0.946%
1 Year Growth

In 2023 LIM College had an average net price — the price paid after factoring in grants and loans — of $39,389. Between 2022 and 2023, the average net price of LIM College grew by 0.946%.

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

$17,163
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at LIM College was of $17,163 in 2023. The cost of room and board decreased by 5.83% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $900. 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 by Income Level

92%
Undergraduates Receiving Financial Aid through Grants
63%
Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at LIM College received financial aid through grants or loans in 2023. This represents a growth of 3.37% with respect to 2022, when 89% 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.
0%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at LIM College was 0%, which represents 0 out of the 578 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 1,037 undergraduate applications in 2023, which represents a 8.8% annual growth. Out of those 1,037 applicants, 1,024 students were accepted for enrollment, representing a 98.7% acceptance rate.

There were 1,371 students enrolled at LIM College in 2023. 24% of first-time enrollees submitted SAT scores with their applications.

LIM College has an overall enrollment yield of 24.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

98.7%
Acceptance Rate in 2023
1,024
Accepted Out of 1,037

In 2023, the undergraduate acceptance rate of LIM College was 98.7% (1,024 admissions from 1,037 applications). This is higher than the acceptance rate of 2022, which was 83.8%. Between 2022 and 2023, the number of applicants declined by 8.8%, while admissions grew by 7.45%.

This chart compares the acceptance rate of LIM College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

24%
Submission Percentage (2023)
59
Scores Submitted (2023)

24% of enrolled first-time students at LIM College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

LIM College had a total enrollment of 1,371 students in 2023. The full-time enrollment at LIM College is 1,241 students and the part-time enrollment is 130. This means that 90.5% of students enrolled at LIM College are enrolled full-time.

The enrolled student population at LIM College, both undergraduate and graduate, is 35.5% White, 22.2% Black or African American, 19.3% Hispanic or Latino, 7.73% Asian, 0.511% American Indian or Alaska Native, 0.219% Native Hawaiian or Other Pacific Islanders, and 0.0729% Two or More Races.

Students enrolled at LIM College in full-time Undergraduate programs are most commonly White Female (34.8%), followed by Black or African American Female (19.3%) and Hispanic or Latino Female (18.8%). Students enrolled in full-time Graduate programs are most commonly White Female (18.5%), followed by Black or African American Female (16.6%) and Hispanic or Latino Female (9.24%).

Full-Time vs Part-Time Enrollment

90.5%
Full-Time Enrollment

The total enrollment at LIM College in 2023, both undergraduate and graduate, is 1,371 students. The full-time enrollment at LIM College is 1,241 and the part-time enrollment is 130. This means that 90.5% of students enrolled at LIM College are enrolled full-time compared with 70.4% 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%
2023 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 (73%), 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 (2023)
  1. White
    487 enrolled students
  2. Black or African American
    305 enrolled students
  3. Hispanic or Latino
    264 enrolled students

The enrolled student population at LIM College is 35.5% White, 22.2% Black or African American, 19.3% Hispanic or Latino, 7.73% Asian, 0.511% American Indian or Alaska Native, 0.219% Native Hawaiian or Other Pacific Islanders, and 0.0729% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% 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, 18 students (1.31%) did not report their race.

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Graduates

In 2023, 323 more women than men received degrees from LIM College. The most common race/ethnicity group of degree recipients at LIM College is white (146 degrees awarded). There were 1.74 times more white recipients than the next closest race/ethnicity group, black or african american (84 degrees).

The most common Bachelor's Degree concentration at LIM College is Fashion Merchandising (109 degrees awarded), followed by General Marketing & Marketing Management (51 degrees) and General Business (33 degrees).

In 2023,  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 (377 degrees awarded), Communications (22 degrees), and Visual & Performing Arts (14 degrees).

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 (1,033,410 people), Other managers (881,804 people), Financial managers (541,550 people), Chief executives & legislators (446,899 people), and Firstline supervisors of retail sales workers (308,227 people).

The most specialized majors at LIM College in 2023 are Business (377 degrees awarded), Communications (22 degrees), and Visual & Performing Arts (14 degrees) (as of 2023).

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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, Physicians, Nuclear medicine technologists and medical dosimetrists, Chief executives & legislators, and Magnetic resonance imaging technologists

The most specialized majors at LIM College are Business (377 degrees awarded), Communications (22 degrees), and Visual & Performing Arts (14 degrees) (as of 2023).

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Common Industries by Major

uninformed
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 uninformed (1,911,803 people), Elementary & secondary schools (797,419 people), Computer Systems Design (686,277 people), Colleges, universities & professional schools, including junior colleges (568,108 people), and Construction (467,047 people).

The most specialized majors at LIM College are Business (377 degrees awarded), Communications (22 degrees), and Visual & Performing Arts (14 degrees) (as of 2023).

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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 (2023)
  1. Fashion Merchandising
    109 degrees awarded
  2. General Marketing & Marketing Management
    51 degrees awarded
  3. General Business
    33 degrees awarded

In 2023, the most common bachelors degree concentration at LIM College was Fashion Merchandising with 109 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

45
Degrees Awarded to Men
in 2023
368
Degrees Awarded to Women
in 2023

In 2023, 45 degrees were awarded to men at LIM College, which is 0.122 times less than the number of degrees awarded to females (368).

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 2023, 16 degrees were awarded to men at LIM College in Fashion Merchandising, which is 0.15 times less than the 107 female recipients with that same degree.

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Most Common Female Majors

In 2023, 107 degrees were awarded to men at LIM College in Fashion Merchandising, which is 6.69 times more than the 16 male recipients with that same degree.

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Time to Complete

39%
100% Completion Time
54%
150% Completion Time

In 2023, 39% of students graduating from LIM College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 55% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (62.7%)

The student demographic with the highest graduation rate in 2023 at LIM College is Female and White (62.7% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (74.3%).

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, 2.17% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    146 degrees awarded
  2. Black or African American
    84 degrees awarded
  3. Hispanic or Latino
    66 degrees awarded

The most common race/ethnicity at LIM College is white (146 degrees awarded). There were 1.74 times more white recipients than the next closest race/ethnicity group, black or african american (84 degrees).

2.66% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    137 degrees awarded
  2. Black or African American Female
    70 degrees awarded
  3. Hispanic or Latino Female
    60 degrees awarded

The most common race/ethnicity and sex grouping at LIM College is white female (137 degrees awarded). There were 1.96 times more white female recipients than the next closest race/ethnicity group, black or african american female (70 degrees).

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Operations

LIM College employs 7 Lecturers, 3 Assistant professors and 3 Associate professors. Most academics at LIM College are Male Lecturer (4), Female Lecturer (3), and Female Assistant professor (3).

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 35 employees, and Office and Administrative Support with 8 employees.

Salary Expenditure

$14.6M
2023 Salaries
14.6%
growth from 2022

In 2023, LIM College paid a median of $14.6M in salaries, a 14.6% growth from the previous year. This is compared to a 12.4% decline between 2021 and 2022, and a 10.5% decline between 2020 and 2021.

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Instructional Salaries

$1.11M
Instructional Salaries
14
Number of Employees

In 2023, LIM College paid a total of $1.11M to 14 employees working as instructors, which represents 7.57% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

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Occupations by Share

Lecturer
Most Common Instructor
7 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
43 Employees

In 2023, the most common positions for instructional staff at LIM College were Lecturer with 7 employees, Assistant professor with 3 employees, and Associate professor with 3 employees.

In 2023, 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 35 employees, and Office and Administrative Support with 8 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Lecturer
  2. Female Lecturer
  3. Female Assistant professor

In 2023, the most common demographic for instructional staff at LIM College was Male Lecturer with 4 employees, Female Lecturer 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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