LIM's tuition & fees has increased from $24,225 (2014) to $31,950 (2024), and the rate of tuition increase is 31.89% over the past 10 years. The graduate school tuition & fees has raised from $28,215 (year 2014) to $27,392 (year 2024).
LIM's tuition increase rate is higher than the New York's average increase rate of 16.79%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 15.80% from 2014 ($47,675).
For the current academic year 2023-2024, LIM's COA is $55,206, which is increased by 4.49% from last year.
The following table and chart show changes to LIM's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 31.89% for the last 10 years , and the 2024 tuition & fees are $31,950. The following table and chart show the tuition & fees changes at LIM College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $900, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $900 | - |
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| 2015-16 | $900 | |
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| 2016-17 | $900 | |
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| 2017-18 | $900 | |
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| 2018-19 | $900 | |
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| 2019-20 | $900 | |
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| 2020-21 | $900 | |
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| 2021-22 | $900 | |
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| 2022-23 | $900 | |
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| 2023-24 | $900 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased -0.86% when a student lives on-campus facilities and 45.32% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at LIM College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $22,550 | $13,900 | - |
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| 2015-16 | $22,345 | $13,900 | -0.91% |
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| 2016-17 | $23,050 | $13,900 | 3.16% |
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| 2017-18 | $23,050 | $13,900 | |
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| 2018-19 | $23,050 | $13,900 | |
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| 2019-20 | $23,540 | $14,400 | 2.13% |
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| 2020-21 | $6,700 | $18,400 | -71.54% |
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| 2021-22 | $23,450 | $18,400 | 250.00% |
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| 2022-23 | $21,325 | $18,400 | -9.06% |
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| 2023-24 | $22,356 | $20,200 | 4.83% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between LIM College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| LIM College | $31,950 | $30,610 | 4.38% |
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|
| Monroe College | $17,922 | $17,442 | 2.75% |
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|
| School of Visual Arts | $49,140 | $46,800 | 5.00% |
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|
| ASA College | $14,528 | $14,528 | - |
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|
| Berkeley College-New York | $27,481 | $27,346 | 0.49% |
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| The College of Westchester | $24,705 | $23,598 | 4.69% |
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