LIM College is a proprietary institution that was founded in 1939. It has a total undergraduate enrollment of 1,499, and the setting is Urban. It utilizes a semester-based academic calendar. Its tuition and fees are $26,395 (2017-18).LIM College is a small fashion school in New York City, with classroom buildings in Midtown Manhattan and a residence hall in the Upper East Side. The institution was originally named the Laboratory Institute of Merchandising when it was founded in 1939, but it now goes simply by LIM College. The college was founded in 1939 by Maxwell F. Marcuse as the Laboratory Institute of Merchandising, at the request of retailers who wanted a school that would teach students about the fashion business and merchandising. Maxwell Marcuse’s son, Adrian G. Marcuse, was president from 1972 to 2002, succeeded by Elizabeth S. MarcuseIn 2009, the school changed its name to LIM College.