Minnesota School of Business-Richfield vs. LIM

Should I go to Minnesota School of Business Richfield or LIM College? Compare 50+ facts and figures about the colleges to help you determine if Minnesota School of Business-Richfield or LIM 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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Minnesota School of Business Richfield vs. LIM College comparison
Minnesota School of Business Richfield LIM College College 3 College 4
LIM College
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Overview

Minnesota School of Business-Richfield LIM
Location Richfield, MN New York, NY
Setting Large Suburban Large City
Enrollment 581 1,310
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - - - -
Status For-profit For-profit
Website msbcollege.edu limcollege.edu
Team Colors                    

Costs

Minnesota School of Business-Richfield LIM
Tuition (In State) $14,040 $29,750
Tuition (Out of State) $14,040 $29,750
Room & Board $5,472 $18,625
Avg Net Price $19,167 $39,020
Avg Grant Aid $7,125 $11,409
% Receiving Grant Aid 98% 97%

Admission

Minnesota School of Business-Richfield LIM
Admission Chances Calculate Calculate
Applied - 1,137
Admitted - 953
Acceptance Rate Open 83.8%
Enrolled % Open 25.5%
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 applicable Not required for admission, but considered if submitted (Test Optional)
Application Deadline

Academics

Minnesota School of Business-Richfield LIM
Student to Faculty Ratio 0:1 15:1
Popular Majors
  • Business (44%)
  • Health Professions (19%)
  • Communications Technology (10%)
  • Computer and Information Sciences (10%)
  • Legal Professions (9%)
  • Business (92%)
  • Visual and Performing Arts (8%)

Outcomes

Minnesota School of Business-Richfield LIM
Graduation Rate 25% 49%
Median Earnings (After 10 years) $35,300 $50,400
Making Student Loan Payments 42% 60%
Median Student Loan Debt $26,325 $26,000
Median Loan Payment $272 $268

Diversity

Minnesota School of Business-Richfield LIM
% Men 0% 10%
% Women 0% 90%
Racial Diversity Low High
HBCU No No
% White 76% 55%
% Black 8% 15%
% Hispanic 5% 12%
% Native American 1% 1%
% Pacific Islander 1% 1%
% Two or More Races 0% 1%
% International 0% 4%
% Unknown Race 3% 5%

Students

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

Campus

Minnesota School of Business-Richfield LIM
Campus Housing No Yes
Freshman Dorm Required No No
Meal Plan No Yes
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-Richfield based on total student enrollment (1,310 students vs. 581 students)

Minnesota School of Business-Richfield vs. LIM Cost Comparison

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

  • LIM College is 111.9% more expensive to attend than Minnesota School of Business-Richfield 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 Richfield ($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 Richfield than LIM ($19,167 vs. $39,020)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Richfield 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 Richfield than LIM College (98% vs. 97%)
  • The average total grant financial aid received by LIM College students is 60.1% larger than aid received Minnesota School of Business Richfield ($11,409 vs. $7,125)

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

Minnesota School of Business-Richfield vs. LIM Graduation Outcomes Comparison

Which is better, Minnesota School of Business-Richfield or LIM? 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 LIM and Minnesota School of Business-Richfield.

  • The graduation rate at LIM is higher than Minnesota School of Business Richfield (49% vs. 25%)
  • Graduates from LIM College earn on average $15,100 more per year than Minnesota School of Business-Richfield 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-Richfield graduates. ($26,000 vs. $26,325)
  • LIM graduates are paying $4 less per month on federal student loans than Minnesota School of Business-Richfield graduates. ($268 vs. $272)
  • More LIM graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Richfield 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/