Bemidji State University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Bemidji State University? Our Bemidji State University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $10,164 for in-state students and $10,164 for out-of-state students, plus a 70.7% admission rate, strategic financial planning is essential for your Bemidji State University college fund.
About Bemidji State University
Bemidji State University is a highly selective institution with 3,120 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of 20.5. Understanding these costs upfront allows families to create an effective savings strategy for their Bemidji State University education fund.
Current Bemidji State University Costs
- In-State Tuition: $10,164 per year
- Out-of-State Tuition: $10,164 per year
- Total Students: 3,120
- Admission Rate: 70.7%
Use our calculator above to determine your personalized savings plan for Bemidji State University.
Smart Savings Strategies for Bemidji State University
Given the affordable tuition costs at Bemidji State University, early planning is crucial. Consider these approaches:
1. Start Early
Begin saving when your child is young to take advantage of compound interest
2. 529 Plans
Tax-advantaged education savings accounts are ideal for Bemidji State University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Bemidji State University fund
4. Investment Growth
With Bemidji State University's tuition costs, consider growth-oriented investments for long-term savings
Bemidji State University Graduate Outcomes
- Median Earnings (10 years): $53,755
- Loan Repayment Rate: 2672.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Bemidji State University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Bemidji State University costs $10,164 per year for in-state students and $10,164 for out-of-state students. These figures represent tuition only and don't include room, board, and other expenses.
The best time to start saving for Bemidji State University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $10,164 annual cost. Starting when your child is born gives you 18 years to save.
Bemidji State University has a 70.7% admission rate, making it highly competitive. With 3,120 total students and average test scores of N/A SAT and 20.5 ACT, preparation and planning are important.
Bemidji State University graduates earn a median salary of $53,755 ten years after graduation, with a 2672.0 loan repayment rate. This represents positive value given the $10,164 tuition cost.
Use our Bemidji State University savings calculator above to determine your monthly savings goal. The amount depends on your child's current age, expected tuition increases, and investment returns. For current $10,164 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This falls short of the estimated $43,808 total cost by $736. To fully fund college, you'd need to save at least $102 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $43,808 total cost for 4 years at Bemidji State University with $63,872 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $43,808 total cost for 4 years at Bemidji State University with $171,552 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $43,808 total cost for 4 years at Bemidji State University with $386,913 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $43,808 total cost for 4 years at Bemidji State University with $1,032,994 extra for additional expenses.