$26,210

Tuition

$50,980

Cost of Attendance

$37,420

Net Price

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LIM College Tuition and Fees

LIM College offers undergraduate and postgraduate programs across different fields, providing quality education to students. The expense of education here is very high, compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $27,810, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $20,840, the charges for books and supplies and other expenses stand at $900 and $2,700, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$27,030$27,030
Book & Supplies$900$900
Room & Board cost$20,350$20,350
Other Expenses$2,700$2,700
Total Cost of Attendance$50,980$50,980

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending LIM College come out to be around $27,810 per year. In addition, the students will be needed to pay an average expense of $900 for books and supplies, $16,270 toward room and boarding, and $2,700 for different other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $47,680 per year.

Average Net Price by Family Income

Net Price

$37,420

Family Income

Avg. Net Price

$0 to $30,000

$32,481

$30,001 to $48,000

$34,265

$48,001 to $75,000

$37,388

$75,001 to $110,000

$39,376

$110,000+

$40,365

The net price of attending LIM College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. Simply put, the family income of the candidate is a key factor in determining the net amount. At LC, the average net price is estimated to be $35,394. For students with a family income below $30,000, the estimated net price is $31,684, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $33,541. The amount stands at $35,215 for an annual income between $48,001 and $75,000, $36,181 for the $75,001-$110,000 income bracket, and $37,786 for a family income above $110,000.

Student Loans

Example Loans

$143,468

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

N/A

Example monthly payment

$1,489

Total interest paid

$35,198

Sum of Loan Payments

$178,666

To have a realistic understanding of how much it will cost to study at LIM College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $143,468 for example. This will result in a $17,867 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a NA repayment plan. Then the total payment made towards the loan is $178,666 which is $35,198 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$27,030$27,030
Room & Board Cost$20,350$20,350
Total Tuition & Fees$47,380$47,380

For students pursuing undergraduate courses at LIM College, the tuition and fees are estimated to be $27,810 per year. Moreover, the applicants must also pay an amount of $16,270 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at LC adds up to $47,680.

Graduate Tuition and Fees

In-stateOut-State
Tuition$28,500$28,500
Fees$500$500

As for the students looking to enroll in postgraduate programs at LC, the tuition and fees they are charged add up to $29,750 per year. This includes $29,250 for the graduate tuition as well as an amount of $500 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$950
Undergraduate2018 - 2019$870

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend LIM College varies for graduate and undergraduate courses. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $495 and for undergraduate courses, it stands at $213. Also, LIM College currently offers a number of online courses to students across 9 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$20,350$11,200
Other Expense$2,700$2,700
Book & Supplies$900$900

As far as the housing and related charges at LC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $23,540 per year for on-campus housing and $14,400 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $20,840, while the off-campus candidates would need to pay $11,700. Coming to the books and supplies charges, the students will be required to pay an amount of $900. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,700.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$20,350

Off Campus

$11,200

Housing & Other Expenses

Other Expenses

On Campus

$2,700

Off Campus

$2,700

Housing & Other Expenses

Book & Supplies

On Campus

$900

Off Campus

$900

As far as the housing and related charges at LC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $23,540 per year for on-campus housing and $14,400 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $20,840, while the off-campus candidates would need to pay $11,700. Coming to the books and supplies charges, the students will be required to pay an amount of $900. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,700.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate $34,465 $565
Bachelors $70,060 $565
Masters $27,750 $925

LIM College offers 5 online programs across 1 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at LC are projected to cost around $239,688 as per official data. In contrast, the total expenses for undergraduate students amounted to $35,394 in 2018-2019, $37,420 in 2017-2018, and $37,261 in 2016-2017.

Explore Programs by Major

Business Management

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