LIM College

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2022 Undergraduate Tuition
$29,750
3.9% growth from 2021
2022 Average Net Price
$39,020
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
83.8%
1,137 Applicants
2022 Enrolled Students
1,310
87.1% Full-Time
2022 Graduation Rate
51%
130 Graduates

About

LIM College is a higher education institution located in New York County, NY. In 2022, the most popular Bachelors Degree concentrations at LIM College were Fashion Merchandising (165 degrees awarded), General Marketing & Marketing Management (62 degrees), and General Business (24 degrees).

In 2022, 553 degrees were awarded across all undergraduate and graduate programs at LIM College. 92% of these degrees were awarded to women, and 7.96% awarded men. The most common race/ethnicity group of degree recipients was white (233 degrees), 2.12 times more than then the next closest race/ethnicity group, black or african american (110 degrees).

The median undergraduate tuition at LIM College is $29,750, which is $14,809 more than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at LIM College was 0%, corresponding to 0 out of the 569 total borrowers.

Costs

In 2022, the median undergraduate tuition at LIM College is $29,750, which is $14,809 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $39,020.

In 2022, 89% of undergraduate students attending LIM College received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$29,750
2022 Undergraduate Tuition

In 2022, the cost of tuition at LIM College was $29,750. The cost of tuition at LIM College is $14,809 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$39,020
2022 Value
1.88%
1 Year Growth

In 2022 LIM College had an average net price — the price paid after factoring in grants and loans — of $39,020. Between 2021 and 2022, the average net price of LIM College grew by 1.88%.

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

$18,225
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at LIM College was of $18,225 in 2022. The cost of room and board decreased by 1.61% between 2021 and 2022.

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.

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Financial Aid by Income Level

89%
Undergraduates Receiving Financial Aid through Grants
60%
Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at LIM College received financial aid through grants or loans in 2022. This represents a growth of 1.14% with respect to 2021, when 88% 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%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at LIM College was 0%, which represents 0 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 1,137 undergraduate applications in 2022, which represents a 1.73% annual growth. Out of those 1,137 applicants, 953 students were accepted for enrollment, representing a 83.8% acceptance rate.

There were 1,310 students enrolled at LIM College in 2022. 21% of first-time enrollees submitted SAT scores with their applications.

LIM College has an overall enrollment yield of 25.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.8%
Acceptance Rate in 2022
953
Accepted Out of 1,137

In 2022, the undergraduate acceptance rate of LIM College was 83.8% (953 admissions from 1,137 applications). This is lower than the acceptance rate of 2021, which was 84.3%. Between 2021 and 2022, the number of applicants declined by 1.73%, while admissions declined by 2.26%.

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

21%
Submission Percentage (2022)
50
Scores Submitted (2022)

21% of enrolled first-time students at LIM College in 2022 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 1,310 students in 2022. The full-time enrollment at LIM College is 1,141 students and the part-time enrollment is 169. This means that 87.1% of students enrolled at LIM College are enrolled full-time.

The enrolled student population at LIM College, both undergraduate and graduate, is 36% White, 23.1% Black or African American, 19% Hispanic or Latino, 6.79% Asian, 0.611% American Indian or Alaska Native, 0.305% Native Hawaiian or Other Pacific Islanders, and 0.0763% Two or More Races.

Students enrolled at LIM College in full-time Undergraduate programs are most commonly White Female (35.5%), followed by Black or African American Female (19.5%) and Hispanic or Latino Female (18.6%). Students enrolled in full-time Graduate programs are most commonly White Female (18.7%), followed by Black or African American Female (18.1%) and Hispanic or Latino Female (9.68%).

Full-Time vs Part-Time Enrollment

87.1%
Full-Time Enrollment

The total enrollment at LIM College in 2022, both undergraduate and graduate, is 1,310 students. The full-time enrollment at LIM College is 1,141 and the part-time enrollment is 169. This means that 87.1% of students enrolled at LIM College are enrolled full-time compared with 71.2% 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

66%
2022 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 66%. 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 (2022)
  1. White
    472 enrolled students
  2. Black or African American
    302 enrolled students
  3. Hispanic or Latino
    249 enrolled students

The enrolled student population at LIM College is 36% White, 23.1% Black or African American, 19% Hispanic or Latino, 6.79% Asian, 0.611% American Indian or Alaska Native, 0.305% Native Hawaiian or Other Pacific Islanders, and 0.0763% 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 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 11 students (0.84%) did not report their race.

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Graduates

In 2022, 465 more women than men received degrees from LIM College. The most common race/ethnicity group of degree recipients at LIM College is white (233 degrees awarded). There were 2.12 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 (165 degrees awarded), followed by General Marketing & Marketing Management (62 degrees) and General Business (24 degrees).

In 2022,  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 (498 degrees awarded) and Visual & Performing Arts (20 degrees).

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 (1,024,612 people), Other managers (725,298 people), Financial managers (488,463 people), Chief executives & legislators (376,936 people), and Firstline supervisors of retail sales workers (278,542 people).

The most specialized majors at LIM College in 2022 are Business (498 degrees awarded) and Visual & Performing Arts (20 degrees) (as of 2022).

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Highest Paying Jobs by Major

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

The most specialized majors at LIM College are Business (498 degrees awarded) and Visual & Performing Arts (20 degrees) (as of 2022).

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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 (614,192 people), Computer Systems Design (543,545 people), Banking & related activities (482,475 people), Colleges, universities & professional schools, including junior colleges (431,367 people), and Securities, commodities, funds, trusts & other financial investments (412,097 people).

The most specialized majors at LIM College are Business (498 degrees awarded) and Visual & Performing Arts (20 degrees) (as of 2022).

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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 (2022)
  1. 165 degrees awarded
  2. 62 degrees awarded
  3. 24 degrees awarded

In 2022, the most common bachelors degree concentration at LIM College was Fashion Merchandising with 165 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

44
Degrees Awarded to Men
in 2022
509
Degrees Awarded to Women
in 2022

In 2022, 44 degrees were awarded to men at LIM College, which is 0.0864 times less than the number of degrees awarded to females (509).

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 2022, 13 degrees were awarded to men at LIM College in Fashion Merchandising, which is 0.0788 times less than the 165 female recipients with that same degree.

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Most Common Female Majors

In 2022, 165 degrees were awarded to men at LIM College in Fashion Merchandising, which is 12.7 times more than the 13 male recipients with that same degree.

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Time to Complete

38%
100% Completion Time
52%
150% Completion Time

In 2022, 38% 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 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.
Hispanic or Latino Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at LIM College is Male and Hispanic or Latino (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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, 3.08% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    233 degrees awarded
  2. Black or African American
    110 degrees awarded
  3. Hispanic or Latino
    90 degrees awarded

The most common race/ethnicity at LIM College is white (233 degrees awarded). There were 2.12 times more white recipients than the next closest race/ethnicity group, black or african american (110 degrees).

4.34% of degree recipients (24 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    218 degrees awarded
  2. Black or African American Female
    105 degrees awarded
  3. Hispanic or Latino Female
    79 degrees awarded

The most common race/ethnicity and sex grouping at LIM College is white female (218 degrees awarded). There were 2.08 times more white female recipients than the next closest race/ethnicity group, black or african american female (105 degrees).

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Operations

LIM College employs 7 Lecturers, 3 Assistant professors and 2 Professors. Most academics at LIM College are Female Lecturer (4), Male Lecturer (3), and Female Assistant professor (2).

The most common positions for non-instructional staff at LIM College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 42 employees, Management, with 37 employees, and Office and Administrative Support with 7 employees.

Salary Expenditure

$12.7M
2022 Salaries
12.4%
decline from 2021

In 2022, LIM College paid a median of $12.7M in salaries, a 12.4% decline from the previous year. This is compared to a 10.5% decline between 2020 and 2021, and a 6.91% decline between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$1.2M
Instructional Salaries
15
Number of Employees

In 2022, LIM College paid a total of $1.2M to 15 employees working as instructors, which represents 9.43% of all salaries paid.

This is compared to a median of $975k (30.7%) 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
42 Employees

In 2022, the most common positions for instructional staff at LIM College were Lecturer with 7 employees, Assistant professor with 3 employees, and Professor with 2 employees.

In 2022, the most common positions for non-instructional staff at LIM College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 42 employees, Management with 37 employees, and Office and Administrative Support with 7 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Lecturer
  2. Male Lecturer
  3. Female Assistant professor

In 2022, the most common demographic for instructional staff at LIM College was Female Lecturer with 4 employees, Male Lecturer with 3 employees, and Female Assistant professor with 2 employees.

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

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