CollegeTuitionData — College Data in Plain English

LIM College

New York, NY 10017-0000 — Private For-Profit

Value Score: 65/100 | ROI Score: -56 | Affordability Score: 55/100

Tuition (In-State): $33,504 | Out-of-State: $33,504

Acceptance Rate: 95.9% | Graduation Rate: 51.9% | Retention Rate: 73.3%

Median Earnings (10yr): $58,956 | Median Debt: $24,000

SAT Average: 1035

Student Body Size: 1,187 (small)

Pell Grant Recipients: 37.7% | Federal Loan Rate: 61.9%

Average Faculty Salary: $6,448/month

Tuition & Affordability Analysis

In-state tuition at LIM College is $33,504 per year, which is 15% below the national average for private institutions.

Out-of-state students pay $33,504/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $134,016 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at LIM College:

  • Families earning $0–$30,000: $34,978/year
  • Families earning $30,001–$48,000: $36,686/year
  • Families earning $48,001–$75,000: $39,565/year
  • Families earning $75,001–$110,000: $40,971/year
  • Families earning $110,000+: $41,501/year

Admissions Snapshot

LIM College has an acceptance rate of 95.9%, placing it in the Open Admission (85%+) category. This means roughly 309 students apply each year.

LIM College accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

The average SAT score of admitted students is 1035, near the national average. This is within the mid-range nationally.

Graduate Outcomes & Return on Investment

51.9% of students at LIM College complete their degree, 16% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 73.3% (9% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of LIM College earn a median salary of $58,956 ten years after enrollment, 44% above the national average. This represents a $23,956/year earnings premium over the average high school diploma holder, or $718,680 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $24,000, 12% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $260/month, with a total repayment of $31,200 (including $7,200 in interest).

Debt-to-Earnings Ratio: 0.41x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from LIM College pays for itself in approximately 6 years. This is a reasonable investment timeline.

Financial Aid Profile

37.7% of students at LIM College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 14% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

61.9% of students take federal loans, 32% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Average faculty salary: $6,448/month, 26% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

LIM College enrolls 1,187 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 76/100 (higher = more diverse). LIM College has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 37%, Hispanic 20%, Black 24%, Asian 9%.

LIM College: Accessible Private Institution with Good Career Outcomes

Report Card: Overall Grade C-

LIM College receives an overall grade of C- based on six dimensions:

  • Academics: D
  • Value: F
  • Outcomes: B
  • Affordability: B+

College Analysis

LIM College is a Private For-Profit institution in New York, NY with approximately 1,187 students. LIM College has a high admission rate, indicating strong accessibility. The median earnings after 10 years are above the national average, suggesting good career outcomes. The graduation rate is below the national average, which may be a concern for students. The college offers a small, intimate learning environment, which can be beneficial for student engagement.

The Verdict: Is LIM College Worth It?

LIM College presents a complex value proposition. With an in-state and out-of-state tuition of $33,504 and median 10-year earnings of $58,956, the immediate return on investment appears modest, especially when considering the median debt of $24,000. The ROI score of -56 strongly suggests that, on average, graduates do not recoup their investment quickly. The cost of attendance significantly outweighs the median earnings over a decade, indicating that this is likely an overpriced education for many. While the New York City location offers unique industry access, the financial burden associated with the tuition and living expenses, coupled with the relatively low median earnings, makes it a difficult financial decision. Graduates will likely need to secure positions with significantly higher starting salaries than the median to achieve a favorable return. Therefore, LIM College is not a good deal for the average student; it is an expensive investment with a questionable financial payoff. A clear recommendation is to carefully weigh the career outcomes and earning potential against the substantial cost and debt incurred.

Return on Investment

While the career outcomes are strong, the high tuition and lower graduation rate may make the degree less financially beneficial.

Debt Reality Check

Median student debt at LIM College: $24,000. Monthly payment on a standard 10-year plan: $273/month. Total repaid: $32,760 ($8,760 in interest).

Breakeven vs high school diploma: 0.8 years. Debt burden: Manageable. Salary needed for comfortable repayment: $32,760.

Strengths

  • Strong focus on fashion and design
  • Highly diverse student body
  • Good career outcomes

Weaknesses

  • Lower graduation rate
  • Higher tuition compared to some public institutions
  • Moderate affordability score

Academic Profile

SAT Average: 1035. Retention Rate: 73.3%.

LIM College's academic strengths are laser-focused on the business of fashion and related industries, offering specialized programs that are highly regarded within these sectors. Key departments include Fashion Merchandising, Marketing, Management, and Visual Merchandising, with popular majors like Fashion Merchandising and Management, and Marketing. The curriculum is designed to be highly practical, integrating real-world experience through required internships, which are a cornerstone of the LIM education. Faculty often bring extensive industry experience, providing students with direct insights and connections. While specific research opportunities for undergraduates might be less emphasized than in traditional research universities, the focus is on applied learning and industry projects. The student-faculty ratio, though not explicitly provided, is generally kept manageable due to the school's size, allowing for personalized attention. LIM offers an Honors Program for high-achieving students, providing enriched academic experiences and opportunities. Study abroad options are often tailored to fashion capitals around the world, offering immersive cultural and professional experiences. Academic support is robust, with resources like tutoring services, career services that are deeply integrated with industry placement, and academic advising focused on career path development.

Financial Aid Guide for LIM College

Pell Grant recipients: 37.7%. Students taking federal loans: 61.9%.

Navigating financial aid at LIM College requires a strategic approach, especially given its private, for-profit status and urban setting. The stated tuition of $33,504 is a significant investment, and understanding the aid landscape is crucial. LIM primarily offers merit-based aid, which is awarded based on academic achievement (GPA, previous coursework) rather than solely financial need. While specific dollar figures for merit scholarships vary widely, they can significantly reduce the net cost of attendance for eligible students. Need-based aid is also available, but the availability and amount can be more limited compared to non-profit institutions. Federal student loans are a common source of funding for many students, and LIM participates in federal aid programs, including Pell Grants for eligible students and the Federal Work-Study program, which provides part-time employment opportunities on or off-campus. Typical aid packages can vary dramatically based on academic merit and, to a lesser extent, demonstrated financial need. Students from lower-income backgrounds might receive a combination of federal grants, loans, and potentially some institutional aid. For those with higher incomes, merit scholarships become the primary lever for reducing costs. Scholarship tips include applying early, highlighting any industry-related achievements or experiences in application essays, and exploring external scholarships specifically for fashion or business students. Negotiating aid at LIM is generally less common and less effective than at many non-profit institutions, as their aid structure is often more standardized based on merit and federal guidelines. It's essential to complete the FAFSA by the priority deadline (typically early spring) to be considered for all available federal and institutional aid.

Hidden Costs at LIM College

  • Off-campus housing in New York City can range from $1,200 to $2,500+ per month per student, depending on the number of roommates and the borough.
  • Meal plans are not typically offered, so students should budget $400-$700 per month for groceries and dining out.
  • Textbooks and course materials can cost between $800 and $1,500 per academic year.
  • Student activity fees and technology fees can add approximately $500-$1,000 annually.
  • Transportation costs, including a MetroCard for subway and bus access, can be around $132 per month ($1,584 annually).
  • Professional attire for internships and networking events may require an initial investment of $300-$800.
  • Health insurance, if not covered by a parent's plan, can add $2,000-$4,000 per year.

Alumni Outcomes & Career Paths

LIM College, situated in the heart of New York City, leverages its prime location to offer graduates distinct career advantages, particularly within the fashion, marketing, and business sectors. Major employers that actively recruit from LIM include prominent fashion houses like Chanel, Dior, and Ralph Lauren, as well as retail giants such as Macy's, Saks Fifth Avenue, and Bloomingdale's. Marketing and PR agencies, including Edelman and Weber Shandwick, also frequently seek LIM talent. Alumni tend to cluster in roles within fashion merchandising, visual merchandising, marketing, public relations, brand management, and retail management. While specific graduate school placement rates are not widely publicized, the career-focused nature of LIM's programs often leads graduates directly into the workforce. Notable alumni include individuals who have ascended to leadership positions within major fashion and retail organizations, though specific names are often highlighted internally by the college. LIM's career services are a significant asset, boasting strong connections within the New York City industry landscape. The college emphasizes a robust internship pipeline, with students gaining practical experience at companies like Vogue, Harper's Bazaar, and various fashion startups. Geographic hiring patterns show a strong concentration of alumni working in the New York metropolitan area, though opportunities also exist in other major fashion and retail hubs like Los Angeles, Miami, and even internationally, particularly in Europe.

Campus Life & Culture at LIM College

LIM College attracts a driven and aspirational student body, primarily from the Northeast United States, with a growing national and international presence. Students who thrive here are typically self-motivated, professionally oriented, and eager to immerse themselves in the fast-paced world of fashion and lifestyle industries, often balancing rigorous academics with demanding internships.

LIM College, situated in the heart of Manhattan, offers a unique campus life deeply intertwined with the fashion, beauty, and lifestyle industries. The 'campus' is less a traditional quad and more a network of interconnected buildings and spaces spread across Midtown Manhattan, placing students directly in the epicenter of their future careers. This urban immersion is the defining characteristic of the LIM experience. Social life revolves around industry events, internships, and exploring the unparalleled cultural offerings of New York City. While there isn't a traditional Greek life system, students form strong bonds through shared academic pursuits and extracurricular clubs focused on specific industry sectors, such as the Fashion Merchandising Club or the Visual Merchandising Society. Housing is primarily off-campus, with the college offering resources to help students find apartments in safe and convenient neighborhoods, often shared among students to manage costs. Dining is also an urban adventure, with students utilizing the vast array of eateries, delis, and cafes surrounding the campus buildings, offering everything from quick bites to more formal dining experiences. The vibe is professional, driven, and aspirational, with students often balancing demanding coursework with internships and networking opportunities. It's a fast-paced environment where learning extends far beyond the classroom walls, fostering a sense of independence and industry readiness.

Campus Highlights

  • Prime Manhattan Location: Situated in the heart of New York City, offering unparalleled access to the fashion and lifestyle industries.
  • Industry Immersion: Curriculum heavily integrated with internships, co-ops, and real-world projects.
  • Career Services Excellence: Strong focus on job placement and networking within the industry.
  • Specialized Programs: Highly focused majors and minors tailored to the business of fashion and related fields.
  • Global Fashion Capitals: Opportunities for study abroad in key international fashion hubs.
  • Professional Development Focus: Emphasis on building a professional network and personal brand from day one.
  • Urban Living Experience: Fosters independence and adaptability in a dynamic city environment.

Location & Regional Advantages

LIM College's location in New York City is arguably its most significant asset, providing unparalleled access to the global epicenter of the fashion, luxury, and media industries. The local job market is intensely competitive but offers a vast array of opportunities for graduates specializing in fashion, marketing, and business. While the cost of living in New York City is notoriously high, it is offset by the potential for high-earning career trajectories within these lucrative sectors. Proximity to industry hubs means students can easily attend networking events, secure internships with leading companies, and build professional relationships that are crucial for career advancement. The quality of life in New York City is dynamic and diverse, offering a rich cultural tapestry, world-class dining, and entertainment. However, the fast-paced environment and high cost can be challenging for some. Weather is typical of a major northeastern city, with distinct seasons. Safety can be a concern in any large metropolis, but New York City generally has well-established safety measures in place. The location directly impacts career opportunities by placing students at the doorstep of their desired industries, facilitating immediate immersion and post-graduation employment within these vibrant sectors.

How to Get Into LIM College

Gaining admission to LIM College is generally accessible, given its 95.9% acceptance rate, but a thoughtful application is still key to standing out. LIM does not offer Early Decision or Early Action, so the application timeline is straightforward. The admissions committee values a demonstrated passion for the fashion and lifestyle industries, strong communication skills, and a clear understanding of LIM's career-focused mission. While specific GPA and test score ranges are not heavily emphasized due to the high acceptance rate, a solid academic record (generally a B average or higher) and well-written essays are important. The essay is a critical component; focus on articulating your specific interest in fashion business, how LIM's unique approach aligns with your goals, and any relevant experiences (even personal projects or internships). Admissions counselors look for students who are driven, professional, and understand the demands of an urban, industry-centric education. Demonstrating interest can be shown through attending virtual or in-person information sessions, engaging with admissions counselors, and visiting the campus or attending industry events in NYC. The application deadline is typically rolling, but applying by late spring is recommended to ensure ample time for financial aid processing and housing arrangements.

How LIM College Compares to Similar Schools

Similar schools: Fashion Institute of Technology (FIT), Parsons School of Design, Marist College, Johnson & Wales University

Advantages

  • Unrivaled access to the New York City fashion and business industry ecosystem.
  • Strong focus on career services and internship placement within the fashion and retail sectors.
  • Specialized curriculum tailored to the specific demands of the fashion business world.

Disadvantages

  • Higher tuition costs compared to some public alternatives.
  • Lower graduation rates suggest potential challenges with student retention or program completion.

Best For

  • Students interested in fashion and design careers
  • Students seeking a small, close-knit learning environment

Avoid If

  • Students looking for a higher graduation rate
  • Students with a preference for larger institutions

Frequently Asked Questions about LIM College

How much does it cost to attend LIM College?

In-state tuition at LIM College is $33,504 per year, and out-of-state tuition is $33,504 per year. The median student debt at graduation is $24,000.

What is the acceptance rate at LIM College?

LIM College has an acceptance rate of 95.9%.

What is the graduation rate at LIM College?

LIM College has a graduation rate of 51.9%.

How much do LIM College graduates earn?

The median earnings for LIM College graduates 10 years after enrollment is $58,956. With median debt of $24,000, graduates earn roughly 2.5x their debt level annually.

How big is LIM College?

LIM College has approximately 1,187 students and is classified as a small institution. It is located in New York, NY and is a Private For-Profit institution.

Is LIM College worth the cost?

LIM College has an ROI score of -56 out of 100. With in-state tuition of $33,504 per year and median post-graduation earnings of $58,956, the data suggests the return on investment may be below average.

Where is LIM College located?

LIM College is located in New York, NY. It is a Private For-Profit institution with approximately 1,187 students.

How much student debt do LIM College graduates have?

The median student debt for LIM College graduates is $24,000. With median earnings of $58,956 ten years after enrollment, graduates can expect a debt-to-income ratio of 41%.

Is LIM College a good college?

LIM College has a graduation rate of 51.9% and median post-graduation earnings of $58,956. High admission rate of 95.9%

How does LIM College compare to similar colleges?

Median earnings of $58,956 after 10 years Compared to peer institutions, LIM College offers a more accessible path with good career outcomes but lower graduation rates.

What career prospects do LIM College graduates have?

Graduates of LIM College are well-positioned for careers in fashion and design, given the college's focus and industry connections.

What should prospective students know about LIM College?

LIM College is well-suited for students seeking a career in fashion and design, but may not be the best fit for those looking for a higher graduation rate.

What makes LIM College stand out?

Graduation rate of 51.89%

What are the pros and cons of attending LIM College?

Tuition is $33,504 for both in-state and out-of-state students

Explore More

Colleges in New York

Browse all colleges in New York

Similar Schools

College Rankings

Research Tools

H-1B Visa Salary Data

Visit LIM College official website

View on College Scorecard (Dept. of Education)

Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.