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New York , NY
LIM College, also known as the Laboratory Institute of Merchandising, is a specialized college located in New York City that offers programs focused on the business of fashion. Established in 1939, LIM College provides a comprehensive education in the fields of fashion merchandising, visual merchandising, marketing, management, and more. The college is renowned for its strong connections to the fashion industry, providing students with numerous internship and job placement opportunities.
At LIM College, students can pursue undergraduate and graduate degrees in various fashion-related disciplines. The curriculum is designed to provide a balance of theoretical knowledge and real-world experience. Students have access to state-of-the-art facilities, including a fashion media lab, retailing lab, and product development lab, to gain hands-on experience in apparel production, buying, and merchandising. The college also organizes industry networking events, career fairs, and guest lectures, allowing students to connect with industry professionals and gain insights into the fashion business.
LIM College offers a highly supportive and inclusive learning environment for its students. With a diverse student body and small class sizes, students receive personalized attention from faculty who are industry professionals themselves. The college also provides numerous resources, such as a career counseling center, academic advising, and a study abroad program, to enhance students' academic and career development. LIM College's prime location in the heart of the fashion capital, New York City, ensures students have access to internships, job opportunities, and industry events that can propel their careers in the fashion industry.
Located in New York, NY and set in an urban environment, LIM College is a private comprehensive higher education institution. This school follows a semester-based calendar. It has an acceptance rate of 98%. The freshman retention rate at LIM College is 68% and the six-year graduation rate is 51%.
Here are some current data on important things to consider about LIM College.
Quick Facts
1,142
Total Number of Undergraduate Students
$32,644
Tuition
22:1
Student to Faculty Ratio
51%
Graduation Rate
Admissions
If you know as much as possible about the institution's criteria for admission, you can make a better judgment about your eligibility and boost your chances of getting accepted. Here are the most essential data you should know about admission at LIM College.
In 2023, the school accepted 1,024 new students. Looking at entrance difficulty level for all or most incoming freshmen, based on data self-reported by the institution this school is relatively easy to get into.
Test Scores
Out of the number of applicants who submitted test scores, the percentage of first-time, first-year degree-seeking students who submitted SAT scores was 24% and ACT scores 4%. The latest reported average GPA of the enrolled students was 3.07. That means that you need a GPA that's above average in order to get into LIM College.
Retention Rate
The freshman retention rate is the percentage of college or university freshmen who return for their sophomore year. Why is that information important? Because it tells you if the majority of freshmen enjoyed their first year at a school enough to come back.
The freshman retention rate for LIM College was 68% in 2023.
Another important metric to consider is the graduation rate. This rate indicates how many students finish their degrees within a certain timeframe. This academic institution has the six-year graduation rate of 51%.
Student Body
It is never easy to figure out which school is the best fit for you. You can better comprehend the culture and life of the school by getting to know more about the student body.
Main Student Body
The total number of students enrolled at LIM College in 2023 was 1,371.
That year, the institution had 68% of out-of-state students. The total number of undergraduate students enrolled at the institution was 1,142, 95 of which were international students. The number of transfer students at this school was 107.
Student Population Gender Ratio
The student body is coeducational, with 144 male and 1,097 female full-time students in 2023, which speaks volumes for gender equality at this institution. This school had 16 full-time graduate male and 142 full-time graduate female students at this school.
Student Population Diversity
Higer Education is committed to focusing on the diversity of its student population and improving students' sense of inclusion and belonging. In a diverse learning space, you will be exposed to people from different backgrounds, which promotes the feeling of inclusion and acceptance. Find out more about different ethnic groups you can meet at LIM College.
In 2023, out of the total number of students enrolled at the institution, the number of students of Asian origin was 92, and the number of Black American students was 249. 242 students at this school identified as Hispanic/Latino and 1 as multirace. The school also had 2 students who declared as Native Hawaiian or other Pacific Islander, and 7 American Indian or Alaska Native students. There were also 12 students whose ethnicity is unknown.
Cost
One of the most crucial things to take into consideration when applying to any college or university is the financial component. Here are some important facts on LIM College costs that most students encounter at this school.
Tuition and Fees
Here are some facts that can be useful if you were curious about LIM College estimated tuition costs.
As a full-time domestic student, you were required to pay tuition of $32,644 in 2023. As this is a private institution, tuition is the same for all the accepted students. Fees per academic year required of full-time students came to a total of $860 in 2023.
Books and Supplies
When you try to estimate the cost of attendance for a college or university, you need to take into account the cost of books and supplies you're going to need. The estimated expense of books and supplies for full-time students of this school is $900.
Boarding
Before you apply to a college or university, you should, among other things, think about the price of a dorm room and cafeteria meals. What do schools typically charge for room and board?
In 2023, room and board cost at LIM College amounted to $20,371 a year. Room-only (on campus) cost per academic year at this school came to $16,371, according to the data from 2023.
| Expense Category | Amount |
|---|---|
| Tuition | $ 32,644 |
| Room and Board | $ 20,371 |
| Book and Supplies | $ 900 |
| Total Expense | $ 53,915 |
Financial Aid
Obtaining some financial help in forms of grants, loans, scholarships or work-study programs can be crucial for finishing your studies. Check out some recent data to get the information about need-based and non-need-based aid students could get at LIM College.
The most recent records show that 152 freshmen received some sort of financial help. The average amount of financial aid given to students was $13,103.
Need-based
If you need help with paying for your studies and you meet some eligibility requirements, you may be eligible for need-based aid.
There were 732 students who secured need-based financial aid of any kind. The overall number of students (including freshmen) who were determined to have financial need amounted to 788. The amount of federal need-based scholarships/grants awarded to the students at this institution stood at $2,639,503, and state $294,075. The students of LIM College received the -institutional need-based aid in the amount of $6,128,938, and external in the amount of $154,674.
$901
Average Amount of Aid Received
Non-Need Based
Non-need-based financial aid is any type of financial aid provided to a student who does not meet the criteria for need-based aid. The most popular forms of non-need-based financial aid for students are loans and grants, like Direct Unsubsidized Stafford Loans, Graduate PLUS Loans, Parent PLUS Loans, and the Teacher Education Access for College and Higher Education (TEACH) Grant.
Institutional non-need-based scholarships or grants were given to 127 students overall (including freshmen) at LIM College in 2023. Institutional grants or scholarships that are not based on financial need were given to 7 full-time freshman. The total amount of non-need-based institutional scholarships/grants was $173,875. This includes endowment, alumni, other institutional awards, and also external funds awarded by the institution, but doesn't include athletic aid and tuition waivers. The amount the students of this school received from external sources (e.g. Kiwanis, National Merit) was $2,000 USD.
Majors
Faculty
22:1
Student to Faculty Ratio
Getting information about the faculty at a school can help you estimate the quality of education you will receive there.
According to the most recent data, the student-faculty ratio at LIM College was 22:1: that means 22 students per one teacher. The faculty of this school consists of 268 members, according to the most recent data reported. This number included 95 male and 173 female faculty members. The fact that female faculty members outnumber the male ones at this school speaks volumes for gender equality at LIM College.
Student Population Diversity Graph
Campus Life
Not everything at LIM College is about learning and grades: campus life is an essential part of your educational experience. Find out some information about students' life at LIM College.
Student Organizations
Student organizations are run by students of an institution, and its membership typically consists exclusively of current students and/or alumni.
The number of student organizations and groups with open membership at this school is 26. The student organization that is most favored by students is Black Retail Action Group (B.R.A.G.), followed by Dance Team and Styling Club. Other popular organizations among the students at LIM College are National Retail Federation Student Association and Cosmetics Club.
You have a talent for media and communication? LIM College publishes its own newspaper.
Student Services
LIM College has a number of services necessary for a pleasant and secure life on campus.
There are electronically operated dormitory entrances. There is a round-the-clock security patrol. All in all, campus life at LIM College is rich and vibrant and provides everything most students need.
Career Services
Having career services at a college or university can mean a great deal for your career planning, so find out what you can expect at LIM College.
Career Counselling
At LIM College, there is both group career counseling for all students and individual career counseling for all students. There are a library, a job bank, and job fairs. Job interviews are also available to students through the career center. The career center offers resume preparation and resume referral to employers. There is campus employer recruitment for all the students. This school offers alumni networking opportunities, which could be excellent for your future career.
FAQ
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LIM College is located in New York, NY.
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The overall full-time tuition per academic year for LIM College is 32,644 USD, based on the most recent data.
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According to the latest information, the acceptance rate for LIM College is 98%.
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The most recent reported freshman retention rate for LIM College is 68%.
Contact Information
Data Source: IPEDS and Peterson's Databases © 2023 Peterson's LLC All rights reserved. Portions of this content were co-written with OpenAI's GPT-3.5 model.
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Data Source: IPEDS and Peterson's Databases © 2023 Peterson's LLC All rights reserved.
Portions of this content were co-written with OpenAI's GPT-3.5 model.