LIM College

www.limcollege.edu/

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2021 Undergraduate Tuition

$28,634

2.5% growth from 2020

2021 Average Net Price

$38,301

After Financial Aid

2019 Student Loan

2.22%

Default Rate

2021 Acceptance Rate

84.3%

1,157 Applicants

2021 Enrolled Students

1,442

87.4% Full-Time

2021 Graduation Rate

56.4%

149 Graduates

About

LIM College is a higher education institution located in New York County, NY. In 2021, the most popular Bachelors Degree concentrations at LIM College were Fashion Merchandising (161 degrees awarded), General Marketing & Marketing Management (64 degrees), and Mass Communication & Media Studies (44 degrees).

In 2021, 580 degrees were awarded across all undergraduate and graduate programs at LIM College. 91.7% of these degrees were awarded to women, and 8.28% awarded men. The most common race/ethnicity group of degree recipients was white (208 degrees), 1.89 times more than then the next closest race/ethnicity group, black or african american (110 degrees).

The median undergraduate tuition at LIM College is $28,634, which is $14,134 more than the national average for Special Focus Institutions ($14,500).

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

Costs

In 2021, the median undergraduate tuition at LIM College is $28,634, which is $14,134 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $38,301.

In 2021, 88% of undergraduate students attending LIM College received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Tuition Costs

$28,634

2021 Undergraduate Tuition

In 2021, the cost of tuition at LIM College was $28,634. The cost of tuition at LIM College is $14,134 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$38,301

2021 Value

2.22%

1 Year Growth

In 2021 LIM College had an average net price — the price paid after factoring in grants and loans — of $38,301. Between 2020 and 2021, the average net price of LIM College grew by 2.22%.

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.

Other Student Expenses

$18,523

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at LIM College was of $18,523 in 2021. The cost of room and board increased by 1.38% between 2020 and 2021.

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.

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

61%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at LIM College received financial aid through grants or loans in 2021. This represents a growth of 6.02% with respect to 2020, when 83% 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.

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.

2.22%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at LIM College was 2.22%, which represents 13 out of the 585 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.

Admissions

LIM College received 1,157 undergraduate applications in 2021, which represents a 14.5% annual growth. Out of those 1,157 applicants, 975 students were accepted for enrollment, representing a 84.3% acceptance rate.

There were 1,442 students enrolled at LIM College in 2021.

LIM College has an overall enrollment yield of 21.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.3%

Acceptance Rate in 2021

975

Accepted Out of 1,157

In 2021, the undergraduate acceptance rate of LIM College was 84.3% (975 admissions from 1,157 applications). This is higher than the acceptance rate of 2020, which was 84%. Between 2020 and 2021, the number of applicants grew by 14.5%, while admissions declined by −14.3%..

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.

Enrollment

LIM College had a total enrollment of 1,442 students in 2021. The full-time enrollment at LIM College is 1,261 students and the part-time enrollment is 181. This means that 87.4% of students enrolled at LIM College are enrolled full-time.

The enrolled student population at LIM College, both undergraduate and graduate, is 39.7% White, 20.9% Black or African American, 19.2% Hispanic or Latino, 6.66% Asian, 0.693% American Indian or Alaska Native, 0.555% Native Hawaiian or Other Pacific Islanders, and 0.208% Two or More Races.

Students enrolled at LIM College in full-time Undergraduate programs are most commonly White Female (38.2%), followed by Hispanic or Latino Female (18.4%) and Black or African American Female (18.2%). Students enrolled in full-time Graduate programs are most commonly White Female (27.8%), followed by Black or African American Female (12.8%) and Hispanic or Latino Female (8.27%).

Full-Time vs Part-Time Enrollment

87.4%

Full-Time Enrollment

The total enrollment at LIM College in 2021, both undergraduate and graduate, is 1,442 students. The full-time enrollment at LIM College is 1,261 and the part-time enrollment is 181. This means that 87.4% of students enrolled at LIM College are enrolled full-time compared with 69.7% 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.

Retention Rate over Time

69%

2021 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 69%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), LIM College had a retention rate approximately the same as its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
573 enrolled students
Black or African American
301 enrolled students
Hispanic or Latino
277 enrolled students

The enrolled student population at LIM College is 39.7% White, 20.9% Black or African American, 19.2% Hispanic or Latino, 6.66% Asian, 0.693% American Indian or Alaska Native, 0.555% Native Hawaiian or Other Pacific Islanders, and 0.208% 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 43.6% White, 18.4% Hispanic or Latino, and 14% 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, 34 students (2.36%) did not report their race.

Graduates

In 2021, 484 more women than men received degrees from LIM College. The most common race/ethnicity group of degree recipients at LIM College is white (208 degrees awarded). There were 1.89 times more white recipients than the next closest race/ethnicity group, black or african american (110 degrees).

The most common Bachelor's Degree concentration at LIM College is Fashion Merchandising (161 degrees awarded), followed by General Marketing & Marketing Management (64 degrees) and Mass Communication & Media Studies (44 degrees).

In 2021, 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 (515 degrees awarded), Communications (44 degrees), and Visual & Performing Arts (21 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 (1,050,426 people), Other managers (796,623 people), Financial managers (487,759 people), Chief executives & legislators (402,398 people), and Firstline supervisors of retail sales workers (317,647 people).

The most specialized majors at LIM College in 2021 are Business (515 degrees awarded), Communications (44 degrees), and Visual & Performing Arts (21 degrees) (as of 2021).

Highest Paying Jobs by Major

Nuclear medicine technologists and medical dosimetrists

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 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 (515 degrees awarded), Communications (44 degrees), and Visual & Performing Arts (21 degrees) (as of 2021).

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 (741,914 people), Computer Systems Design (583,838 people), Colleges, universities & professional schools, including junior colleges (527,962 people), Banking & related activities (514,328 people), and Insurance carriers (442,193 people).

The most specialized majors at LIM College are Business (515 degrees awarded), Communications (44 degrees), and Visual & Performing Arts (21 degrees) (as of 2021).

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 (2021)

Fashion Merchandising
161 degrees awarded
General Marketing & Marketing Management
64 degrees awarded
Mass Communication & Media Studies
44 degrees awarded

In 2021, the most common bachelors degree concentration at LIM College was Fashion Merchandising with 161 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

532

Degrees Awarded to Women

in 2021

In 2021, 48 degrees were awarded to men at LIM College, which is 0.0902 times less than the number of degrees awarded to females (532).

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

Most Common Male Majors

In 2021, 17 degrees were awarded to men at LIM College in Fashion Merchandising, which is 0.102 times less than the 166 female recipients with that same degree.

Most Common Female Majors

In 2021, 166 degrees were awarded to men at LIM College in Fashion Merchandising, which is 9.76 times more than the 17 male recipients with that same degree.

Time to Complete

40%

100% Completion Time

53%

150% Completion Time

In 2021, 40% of students graduating from LIM College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at LIM College is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

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, 13.4% of graduates (20 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
208 degrees awarded
Black or African American
110 degrees awarded
Hispanic or Latino
60 degrees awarded

The most common race/ethnicity at LIM College is white (208 degrees awarded). There were 1.89 times more white recipients than the next closest race/ethnicity group, black or african american (110 degrees).

9.31% of degree recipients (54 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
196 degrees awarded
Black or African American Female
100 degrees awarded
Hispanic or Latino Female
55 degrees awarded

The most common race/ethnicity and sex grouping at LIM College is white female (196 degrees awarded). There were 1.96 times more white female recipients than the next closest race/ethnicity group, black or african american female (100 degrees).

Operations

LIM College employs 6 Lecturers, 5 Assistant professors and 4 Associate professors. Most academics at LIM College are Female Lecturer (4), Female Associate professor (3), and Female Assistant professor (3).

The most common positions for non-instructional staff at LIM College are: Management, with 42 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 30 employees, and Office and Administrative Support with 8 employees.

Salary Expenditure

$14.6M

2021 Salaries

10.5%

decline from 2020

In 2021, LIM College paid a median of $14.6M in salaries, a 10.5% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$1.23M

Instructional Salaries

Number of Employees

In 2021, LIM College paid a total of $1.23M to 16 employees working as instructors, which represents 8.44% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Lecturer

Most Common Instructor

6 Employees

Management

Most Common Non-Instructional Employee

42 Employees

In 2021, the most common positions for instructional staff at LIM College were Lecturer with 6 employees, Assistant professor with 5 employees, and Associate professor with 4 employees.

In 2021, the most common positions for non-instructional staff at LIM College were Management with 42 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 30 employees, and Office and Administrative Support with 8 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Lecturer
Female Associate professor
Female Assistant professor

In 2021, 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.