How LIM's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at LIM College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,088, which is 75.44 % of all undergraduate students. 898 students which is 61.89% of undergraduate students received federal student loans and the average loan amount is $7,145.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,002 (66%)	$6,595	474 (31%)	$4,105	976 (65%)	$7,359
2014-15	1,061 (68%)	$6,548	487 (31%)	$4,103	1,002 (65%)	$6,940
2015-16	995 (66%)	$7,211	466 (31%)	$4,282	928 (61%)	$7,101
2016-17	1,037 (69%)	$7,124	472 (31%)	$4,225	902 (60%)	$6,870
2017-18	1,058 (74%)	$7,750	488 (34%)	$4,482	854 (60%)	$6,768
2018-19	1,148 (76%)	$8,364	501 (33%)	$4,523	955 (63%)	$7,162
2019-20	1,230 (83%)	$8,901	542 (37%)	$4,690	911 (62%)	$7,304
2020-21	1,189 (88%)	$8,730	484 (36%)	$5,045	825 (61%)	$7,518
2021-22	1,073 (89%)	$8,980	445 (37%)	$4,850	726 (60%)	$7,282
Average	1,088 (75.44%)	$7,800	484 (33.44%)	$4,478	898 (61.89%)	$7,145

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 224 (88.67 % of students) received grants or scholarships and its average amount is $9,342. It can cover 29.24% of tuition & fees ($31,950).

In addition, 167 (65.33 % of students) students get helped from the students loans (average amount : $9,564).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	235 (80%)	$7,803	199 (67%)	$8,489
2014-15	231 (83%)	$7,895	176 (63%)	$10,429
2015-16	212 (79%)	$8,185	165 (62%)	$9,939
2016-17	213 (84%)	$7,934	164 (64%)	$9,921
2017-18	236 (93%)	$8,845	167 (65%)	$7,233
2018-19	261 (90%)	$10,265	200 (69%)	$8,465
2019-20	240 (94%)	$10,577	173 (68%)	$11,717
2020-21	187 (98%)	$11,167	116 (61%)	$9,455
2021-22	202 (97%)	$11,409	145 (69%)	$10,432
Average	224 (88.67%)	$9,342	167 (65.33%)	$9,564

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 94 (36.67 % of students) received Pell (federal) grants and its average amount is $4,686.

In addition, 31 students received State/local government grants/scholarships (12.11 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	105 (36%)	$4,359	48 (16%)	$1,658	42 (14%)	$2,724	226 (77%)	$5,231
2014-15	102 (36%)	$4,503	41 (15%)	$971	35 (13%)	$3,163	227 (81%)	$5,348
2015-16	83 (31%)	$4,224	37 (14%)	$912	33 (12%)	$3,269	204 (76%)	$6,093
2016-17	79 (31%)	$4,574	32 (13%)	$1,106	28 (11%)	$3,761	211 (83%)	$5,630
2017-18	91 (36%)	$4,725	53 (21%)	$962	23 (9%)	$3,166	231 (91%)	$6,639
2018-19	117 (40%)	$4,635	55 (19%)	$1,026	38 (13%)	$3,459	261 (90%)	$7,468
2019-20	113 (44%)	$4,770	121 (48%)	$1,053	38 (15%)	$3,472	240 (94%)	$7,250
2020-21	71 (37%)	$5,816	92 (48%)	$1,677	23 (12%)	$3,162	187 (98%)	$7,745
2021-22	81 (39%)	$4,567	88 (42%)	$2,522	20 (10%)	$2,507	202 (97%)	$8,231
Average	94 (36.67%)	$4,686	63 (26.22%)	$1,321	31 (12.11%)	$3,187	221 (87.44%)	$6,626

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 167 (65.33 % of students) get any students loan help and its average loan amount is $167.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	199 (67%)	$8,489	196 (66%)	$5,997	25 (8%)	$20,554
2014-15	176 (63%)	$10,429	173 (62%)	$5,581	38 (14%)	$22,893
2015-16	165 (62%)	$9,939	161 (60%)	$5,553	33 (12%)	$22,602
2016-17	164 (64%)	$9,921	155 (61%)	$5,622	34 (13%)	$22,226
2017-18	167 (65%)	$7,233	166 (65%)	$4,644	23 (9%)	$19,002
2018-19	200 (69%)	$8,465	197 (68%)	$5,518	30 (10%)	$20,197
2019-20	173 (68%)	$11,717	171 (67%)	$5,748	43 (17%)	$24,280
2020-21	116 (61%)	$9,455	112 (59%)	$5,680	19 (10%)	$24,241
2021-22	145 (69%)	$10,432	142 (68%)	$5,142	31 (15%)	$25,242
Average	167 (65.33%)	$9,564	164 (64.00%)	$5,498	31 (12.00%)	$22,360

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Scholarships, Grants, and Loan Trends at LIM

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time