Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 88.67% of students received grants or scholarships and 65% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,002 (66%)$6,595474 (31%)$4,105976 (65%)$7,359
2014-151,061 (68%)$6,548487 (31%)$4,1031,002 (65%)$6,940
2015-16995 (66%)$7,211466 (31%)$4,282928 (61%)$7,101
2016-171,037 (69%)$7,124472 (31%)$4,225902 (60%)$6,870
2017-181,058 (74%)$7,750488 (34%)$4,482854 (60%)$6,768
2018-191,148 (76%)$8,364501 (33%)$4,523955 (63%)$7,162
2019-201,230 (83%)$8,901542 (37%)$4,690911 (62%)$7,304
2020-211,189 (88%)$8,730484 (36%)$5,045825 (61%)$7,518
2021-221,073 (89%)$8,980445 (37%)$4,850726 (60%)$7,282
Average1,088 (75.44%)$7,800484 (33.44%)$4,478898 (61.89%)$7,145
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14235 (80%)$7,803199 (67%)$8,489
2014-15231 (83%)$7,895176 (63%)$10,429
2015-16212 (79%)$8,185165 (62%)$9,939
2016-17213 (84%)$7,934164 (64%)$9,921
2017-18236 (93%)$8,845167 (65%)$7,233
2018-19261 (90%)$10,265200 (69%)$8,465
2019-20240 (94%)$10,577173 (68%)$11,717
2020-21187 (98%)$11,167116 (61%)$9,455
2021-22202 (97%)$11,409145 (69%)$10,432
Average224 (88.67%)$9,342167 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14105 (36%)$4,35948 (16%)$1,65842 (14%)$2,724226 (77%)$5,231
2014-15102 (36%)$4,50341 (15%)$97135 (13%)$3,163227 (81%)$5,348
2015-1683 (31%)$4,22437 (14%)$91233 (12%)$3,269204 (76%)$6,093
2016-1779 (31%)$4,57432 (13%)$1,10628 (11%)$3,761211 (83%)$5,630
2017-1891 (36%)$4,72553 (21%)$96223 (9%)$3,166231 (91%)$6,639
2018-19117 (40%)$4,63555 (19%)$1,02638 (13%)$3,459261 (90%)$7,468
2019-20113 (44%)$4,770121 (48%)$1,05338 (15%)$3,472240 (94%)$7,250
2020-2171 (37%)$5,81692 (48%)$1,67723 (12%)$3,162187 (98%)$7,745
2021-2281 (39%)$4,56788 (42%)$2,52220 (10%)$2,507202 (97%)$8,231
Average94 (36.67%)$4,68663 (26.22%)$1,32131 (12.11%)$3,187221 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14199 (67%)$8,489196 (66%)$5,99725 (8%)$20,554
2014-15176 (63%)$10,429173 (62%)$5,58138 (14%)$22,893
2015-16165 (62%)$9,939161 (60%)$5,55333 (12%)$22,602
2016-17164 (64%)$9,921155 (61%)$5,62234 (13%)$22,226
2017-18167 (65%)$7,233166 (65%)$4,64423 (9%)$19,002
2018-19200 (69%)$8,465197 (68%)$5,51830 (10%)$20,197
2019-20173 (68%)$11,717171 (67%)$5,74843 (17%)$24,280
2020-21116 (61%)$9,455112 (59%)$5,68019 (10%)$24,241
2021-22145 (69%)$10,432142 (68%)$5,14231 (15%)$25,242
Average167 (65.33%)$9,564164 (64.00%)$5,49831 (12.00%)$22,360

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