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Friday, January 3, 2025

Cost of college went up for all students at LIM College

College1

Tuition and fees rose 2.4 percent for 2018-19 at LIM College, according to recent data from the U.S. Department of Education.

New York students paid $27,030 to attend the four-year private for-profit institution this year – $635 more than the $26,395 charged for 2017-18.

Data shows 95 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 236 students received grants or scholarships totaling $2.1 million and 167 students took out student loans totaling more than $1.2 million.

Including all undergraduates (1,781), 1,058 students used grants or scholarships totaling $8.2 million, and 854 students took out $5.8 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~552$24,825$25,725$26,395$27,0308.9%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at LIM College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants9136%$480,934$5,285
State / local grant or scholarship239%$72,829$3,166
Institutional grants or scholarships23191%$1,533,654$6,639
Grant or scholarship aid total23693%$2,087,417$8,845
Federal student loans16665%$770,930$4,644
Other student loans239%$437,035$19,002
Student loan aid16765%$1,207,965$7,233
Total student aid24195%--

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