LIM vs. Minnesota School of Business-Elk River

Should I go to LIM College or Minnesota School of Business Elk River? Compare 50+ facts and figures about the colleges to help you determine if LIM or Minnesota School of Business-Elk River is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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LIM College vs. Minnesota School of Business Elk River comparison
LIM College Minnesota School of Business Elk River College 3 College 4
LIM College
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Overview

LIM Minnesota School of Business-Elk River
Location New York, NY Elk River, MN
Setting Large City Town Fringe
Enrollment 1,310 135
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - - - -
Status For-profit For-profit
Website limcollege.edu msbcollege.edu
Team Colors                    

Costs

LIM Minnesota School of Business-Elk River
Tuition (In State) $29,750 $14,040
Tuition (Out of State) $29,750 $14,040
Room & Board $18,625 $5,472
Avg Net Price $39,020 $17,095
Avg Grant Aid $11,409 $6,637
% Receiving Grant Aid 97% 100%

Admission

LIM Minnesota School of Business-Elk River
Admission Chances Calculate Calculate
Applied 1,137 -
Admitted 953 -
Acceptance Rate 83.8% Open
Enrolled % 25.5% Open
Avg High School GPA 2.9 -
Typical High School Grades B- -
Admissions Standards Unavailable Unavailable
Applicant Competition
ACT Range 20/24
SAT Range 970/1170
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not applicable
Application Deadline

Academics

LIM Minnesota School of Business-Elk River
Student to Faculty Ratio 15:1 0:1
Popular Majors
  • Business (92%)
  • Visual and Performing Arts (8%)
  • Business (46%)
  • Health Professions (36%)
  • Legal Professions (7%)
  • Computer and Information Sciences (4%)
  • Homeland Security, Law Enforcement, Firefighting (4%)

Outcomes

LIM Minnesota School of Business-Elk River
Graduation Rate 49% -
Median Earnings (After 10 years) $50,400 $35,300
Making Student Loan Payments 60% 42%
Median Student Loan Debt $26,000 $26,325
Median Loan Payment $268 $272

Diversity

LIM Minnesota School of Business-Elk River
% Men 10% 0%
% Women 90% 0%
Racial Diversity High Extremely Low
HBCU No No
% White 55% 90%
% Black 15% 1%
% Hispanic 12% 4%
% Native American 1% 0%
% Pacific Islander 1% 0%
% Two or More Races 1% 0%
% International 4% 0%
% Unknown Race 5% 3%

Students

LIM Minnesota School of Business-Elk River
% In-State 26% -
% Out-of-State 62% -

Campus

LIM Minnesota School of Business-Elk River
Campus Housing Yes No
Freshman Dorm Required No No
Meal Plan Yes No
Weekend/Evening Classes Yes Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • LIM College is larger than than Minnesota School of Business-Elk River based on total student enrollment (1,310 students vs. 135 students)

LIM vs. Minnesota School of Business-Elk River Cost Comparison

Which college is more expensive, LIM or Minnesota School of Business-Elk River?

  • LIM College is 111.9% more expensive to attend than Minnesota School of Business-Elk River for in-state tuition ($29,750.00 vs. $14,040.00)
  • Out of state tuition is 111.9% higher at LIM than Minnesota School of Business Elk River ($29,750.00 vs. $14,040.00)
  • The typical actual cost that students pay to attend (average net price) is less at Minnesota School of Business Elk River than LIM ($17,095 vs. $39,020)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Elk River are 240.4% lower than costs at LIM College ($5,472 vs. $18,625)
  • More students receive financial grant aid at Minnesota School of Business Elk River than LIM College (100% vs. 97%)
  • The average total grant financial aid received by LIM College students is 71.9% larger than aid received Minnesota School of Business Elk River ($11,409 vs. $6,637)

Which college is harder to get into, LIM or Minnesota School of Business-Elk River? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Minnesota School of Business-Elk River or LIM .

LIM vs. Minnesota School of Business-Elk River Graduation Outcomes Comparison

Which is better, LIM or Minnesota School of Business-Elk River? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Minnesota School of Business-Elk River and LIM.

  • Graduates from LIM College earn on average $15,100 more per year than Minnesota School of Business-Elk River graduates after ten years. ($50,400 vs. $35,300)
  • LIM College students graduate with a $325 lower median federal student loan debt than Minnesota School of Business-Elk River graduates. ($26,000 vs. $26,325)
  • LIM graduates are paying $4 less per month on federal student loans than Minnesota School of Business-Elk River graduates. ($268 vs. $272)
  • More LIM graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Elk River students, three years after graduation. (60% vs. 42%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/