Financial Aid Options

LIM College wants to be your partner in turning your dreams into reality. 

That’s why we do so much to help make your degree accessible. In fact, we awarded $8 million in scholarships and grants for the 2023-24 academic year.

Let us help you access financial aid resources to make your degree affordable, so you can make a seamless transition from LIM College to your dream career.

Our Director of Financial Aid discusses the options available to students to help them cover the cost of tuition.
Apply for financial aid in three easy steps

Step 1: Complete your FAFSA

Applying for financial aid begins with filling out the Free Application for Federal Student Aid (FAFSA). This online form is your key to unlocking various federal aid opportunities from LIM and the federal government.

When submitting the FAFSA, be sure to use our Federal School Code (007466). This code ensures that we receive your FAFSA information.

Step 2: Submit your LIM College application

Complete your LIM College Admissions application. Once you are accepted to LIM College and we have your FAFSA information, we can send you a financial aid award letter.

Step 3: Send additional documents

Our Office of Student Financial Services may request additional documents to process your financial aid award letter. These documents are specific to your aid application and may include things like tax forms, income verification, or other supporting materials.

Important Dates and Deadlines

  • June 1 – Priority enrollment deposit deadline for incoming Fall 2024 students
  • July 25 – Fall 2024 semester tuition and fees payment deadline
  • July 25 – Insurance waiver deadline for students who begin in the Fall 2024 semester
  • December 13 – Spring 2025 semester tuition and fees payment deadline
  • December 13 – Insurance waiver deadline for students who begin in the Spring 2025 semester

Learn about different types of aid

LIM Scholarships

Scholarships are a form of financial aid you do not need to repay. You may qualify for certain scholarships depending on financial need (need-based scholarships) or your academic record (merit-based scholarships). 

LIM College offers scholarships for both undergraduate and graduate students.

Explore LIM Scholarships

LIM Grants

Grants are another type of aid that do not need to be repaid. 

You might be eligible for LIM’s Grant-in-Aid if you apply by the priority deadline and meet the eligibility criteria.

We also provide Fashion Educators Grants for college and university instructors. These grants cover 50% of graduate degree tuition.

Discover LIM Grants

Federal & State Aid

The federal government offers students financial resources, including Pell Grants, subsidized and unsubsidized loans, and work-study opportunities.

Grants do not require repayment, while you must repay loans after a specified period. Work-study programs allow you to work on campus.

New York State also offers special financial aid for residents attending an in-state private college through New York State’s Tuition Assistance Program.

Learn About Federal and State Aid Programs

Other Sources of Aid

Explore more scholarship opportunities by using our list of reputable and free online scholarship search services. 

We also provide information about private loans as a potential source of financial assistance.

Explore Other Sources of Aid
Financial Aid FAQs

Our Office of Student Financial Services understands the importance of clarity and support when navigating your degree costs. We’ve compiled a list of frequently asked questions about financial aid to provide you with immediate answers. You can also reach us directly at or 212-310-0689.

An LIM student sits on a lounge while on his laptop, which is open to the LIM website

Additional Information

Health Insurance

Full-time undergraduate and part-time and full-time graduate students enjoy comprehensive health insurance through LIM College. 

Learn about the rates and benefits.

Learn About Health Insurance

Code of Conduct

At LIM College, we strive to maintain the highest ethical standards in our financial aid processes. 

Learn more about our Code of Conduct for Financial Aid Professionals and Other Covered Employees to understand our dedication to integrity and transparency.

Read Our Code of Conduct
Two LIM College students walking down the sidewalk in the city

Take the next step toward your future

LIM College’s financial aid resources can play a vital role in helping you reach your educational and career goals. Learn more about LIM or apply today.

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