LIM College
For-profit College in New York, NY. Six-year graduation rate 51%. Median 10-year earnings $58,956.
The median ten-year earnings figure of $58,956 sits near the national middle rather than at either extreme. The six-year graduation rate is 51%, meaning about one in two students who start do not finish. Median debt at graduation is $24,000, roughly typical for an undergraduate degree. It also moves people — 2.9% of students climb from the bottom fifth of the income distribution to the top.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
LIM College admits 96% of applicants — effectively open admission, so the application is a formality rather than a hurdle. The applicant pool is small at 1,219, which makes year-over-year comparisons unreliable. Yield is low at 19%, so most admitted students do not end up enrolling. Read the score bands below narrowly: only 19% of enrolled first-years submitted an SAT score, and test-optional applicants are not represented in them.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | 500–580 | 42 (19%) |
| SAT Math | 460–558 | |
| ACT Composite | 19–25 | 15 (7%) |
IPEDS Admissions · 2024
Apply at LIM College →Academics
51% graduate within six years — average, but that average still hides a large group who do not. 73% of full-time first-years come back for year two, so about one in four are gone before sophomore year. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. A 20:1 ratio is unremarkable; expect a mix of lecture halls and seminars. As a for-profit four-year institution, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,142 degree- or certificate-seeking undergraduates
Average net price — what students actually pay after grant aid — is $40,305 a year, at the high end of undergraduate cost. Net price varies modestly by income — $34,978 at $0–30k against $41,501 at $110k+ — so the average is a fair guide for most families. Grant aid is widespread — 95% of students receive it, averaging $9,757. 62% of students borrow federally, so debt is the norm rather than the exception.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 255 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $34,978 |
| $30–48k | $36,686 |
| $48–75k | $39,565 |
| $75–110k | $40,971 |
| $110k+ | $41,501 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 708 of these 1,142 students, totalling $5,028,105 — an average of $7,102 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (New York County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)