LIM College

In 2020, tuition for full-time LIM students was $30,900 a year.

Tuition increased 7.91% in 2023–from $28,634 the prior year. Usually, college tuition goes up about 3% every year.

If this makes attending the college of your dreams sound impossible, remember, the displayed price of tuition does not mean much if you plan to use financial aid to help pay for college. Many students pay way less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theprice of collegefeel more doable until after graduation.

LIM College meets 38% of the demonstrated financial need for undergraduates. First-year students that attend LIM College full-time are awarded $14,976 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $5,420 of debt.

Does LIM College Offer In-State and Out-of-State Tuition?

LIM College is a private institution, which means it has the same tuition for residents of New York as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for those who qualify as New York residents.

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Be sure to verify your state's guidelines for how to qualify for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on where you live.

Explore other New York colleges

Is LIM College's Tuition Different for International Students?

Tuition at LIM College is the same for all students.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or school-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at LIM College:

•LIM College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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LIM College Living Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at LIM College.

House and Food Costs at LIM College

Housing and campus dining at LIM College costs $19,470 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the LIM College's on-campus cafeterias and dining halls.

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

How Much Do Books Cost at LIM College?

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have resources so that those with demonstrated need to get help covering these costs.

Transportation costs

The total cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these questions can drastically impact your transportation budget.

The location of a college or university can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area is often expensive, but there may be more trains, busses and affordable flights to actually get to school. The LIM College campus is located in a city in New York, near New York City.

Other Costs

When you're planning for college, be sure to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Total Tuition and Expenses at LIM College

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to LIM College.

How Much Does LIM College Cost?

What will the cost of attending LIM College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$30,900
Room and Board	$19,470
Other expenses	$2,700

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$53,930
Off-Campus	$34,460

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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LIM College Financial Aid

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The majority of LIM College undergrads use financial aid to finance their education. In 2023, 787 of the 1,081 undergrads enrolled received financial aid. LIM College meets 38% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $14,976 a year. Around 12% of LIM College undergrads take out student loans to cover any remaining costs. LIM College graduates who have student loans graduate with an average of $5,420 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$5,031
Private Loans	$7,468

Most Common Loans for LIM College Students
Federal Loans	11%
Private loans	1%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on LIM College financial aid, keep reading, or visit their financial aid website.

Scholarships at LIM College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, LIM College awarded 732 need-based scholarships to students, giving away total of $9.2 million to help students with financial need cover the cost of school. An additional $180,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of LIM College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for LIM College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at LIM College was $14,976 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of LIM College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$38,954
Off-Campus	$19,484

What will attending LIM College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the LIM College's net cost calculator on their website.

LIM College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

LIM College does not have guaranteed tuition.

LIM College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

LIM Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

LIM College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about LIM College's endowment, check with the school directly. The school spends $7,647 for each full-time student enrolled.

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Learn More About LIM College

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To learn more about LIM College, choose from the options below:

Overview

Student Life

Academics

Admissions

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