Financial Clearance

• Log into myLIM
• Go to SonisWeb > Financials > Billing
• Choose "Fall 2025/26" and click Submit
• Click "Click here to view" to access your billing statement

This step is applicable to those who submitted their FAFSA (Free Application for Federal Student Aid) and received a financial aid award notification from Student Financial Services. If you received your award notification, please:

• Review your aid package on NetPartner
• Upload any missing documents to NetPartner or email sfs@limcollege.edu 

Haven’t submitted your FAFSA yet? There’s still time!

• Submit your FAFSA by July 11, 2025 at studentaid.gov
• LIM's school code: 007466

If you plan to use any loans in addition to your federal subsidized and unsubsidized loans (e.g. Parent PLUS, private loans), apply for them immediately. Information about comparing lenders can be found here.

If/when your loan is approved, send your loan documentation to sfs@limcollege.edu.

• Complete:
  • Master Promissory Note (MPN)
  • Entrance Counseling for federal loans
• Parents applying for PLUS loans must also complete their own MPN

If applicable, send the following documentation to sfs@limcollege.edu:

• 529 Plan confirmation
• VA Certificate of Eligibility (GI Bill®)
• Outside scholarship award letters

All full-time main campus students are automatically charged $2,475 for LIM-sponsored health insurance.

If you're covered by your own comparable plan, complete a waiver at gallagherstudent.com/LIM starting July 1.

Note: International plans, travel insurance, and most out-of-state Medicaid are not accepted.

Domestic Students:

• Log into SonisWeb via myLIM
• Navigate to: Financials > Billing > Click here to access Nelnet
• Set up a payment plan or make a one-time payment
• Add an Authorized Party (like a parent) if someone else is paying
• Credit card payments will incur a fee; ACH payments will not

International Students:

• Pay from your home country using Flywire
• Secure and typically in your local currency
• LIM does not accept direct wire transfers

If you don’t meet the financial clearance deadline, your course registration and housing assignment could be canceled. That means you might lose your classes and your room. But don’t panic—if you’re running into issues, contact the Student Financial Services team ASAP at sfs@limcollege.edu or 212-310-0689. We’re here to help you work out a solution.

Yes. If you’re not financially cleared by the deadline, your schedule and housing may be dropped. You'll need to go through the clearance process and then re-register or reapply for housing if space is still available. Meeting the deadline helps you avoid that disruption.

You’re financially cleared when:

• Your bill is paid in full or fully covered by a payment plan and/or confirmed financial aid.
• All required documents are submitted (FAFSA, loan forms, third-party confirmations, etc.).

Still not sure? Just contact Student Financial Services to confirm your status at 212-310-0689 or sfs@limcollege.edu 

Log into myLIM, then:

• Go to SonisWeb
• Click Financials > Billing
• Select the correct semester (Fall 2025/26), click Submit, then click “Click here to view.”

That will show your current billing statement, including tuition, fees, and housing.

If your housing application is approved:

• A $8,513 charge (Standard Double) will appear on your bill
• The charge will be updated based on your assigned room type
• Your $725 housing deposit will be applied toward your Spring 2026 bill

You can add a parent (or anyone) as an Authorized Party in your Nelnet payment portal. 

Here’s how:

• Log into myLIM > SonisWeb > Financials > Billing > Access Nelnet
• Once in Nelnet, click “Add an Authorized Party”
• They’ll then get their own login and can make payments on your behalf.

Accounts not fully covered by aid or payment before the start of classes will incur a $100 late fee.

This depends on how you’re paying, but typical required documents include:

• FAFSA (if using federal aid)
• Loan applications (Parent PLUS, private loans)
• Master Promissory Note and Entrance Counseling (for federal loans)
• Third-party documentation (529 plan confirmation, scholarship letters, VA Certificate of Eligibility)
• Health insurance waiver (if applicable)

You can view your personalized list of missing documents via NetPartner.

Email all confirmations (e.g., 529 payments, outside scholarships, VA eligibility letters) to sfs@limcollege.edu. Make sure your name and student ID are included in the message.

No—but you do need to waive it once each academic year if you have your own coverage. Go to GallagherStudent.com/LIM starting July 1 to complete the waiver. If you don’t waive by the deadline, you’ll be charged automatically.

Domestic Students:

• Log into SonisWeb via myLIM
• Navigate to: Financials > Billing > Click here to access Nelnet
• Set up a payment plan or make a one-time payment
• Add an Authorized Party (like a parent) if someone else is paying
• Credit card payments will incur a fee; ACH payments will not

International Students:

• Pay from your home country using Flywire
• Secure and typically in your local currency
• LIM does not accept direct wire transfers

Log into NetPartner using your LIM login. From there, you can view and accept your aid package. Be sure to also complete loan requirements at studentaid.gov.

Nelnet is LIM College’s online payment system. You can:

• Pay your balance
• Set up a payment plan
• Add an authorized payer

Access it through myLIM > SonisWeb > Financials > Billing > Access Nelnet.