Benedictine University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Benedictine University? Our Benedictine University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $34,290 for in-state students and $34,290 for out-of-state students, plus a 77.2% admission rate, strategic financial planning is essential for your Benedictine University college fund.
About Benedictine University
Benedictine University is a highly selective institution with 1,817 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Benedictine University education fund.
Current Benedictine University Costs
- In-State Tuition: $34,290 per year
- Out-of-State Tuition: $34,290 per year
- Total Students: 1,817
- Admission Rate: 77.2%
Use our calculator above to determine your personalized savings plan for Benedictine University.
Smart Savings Strategies for Benedictine University
Given the higher cost tuition costs at Benedictine 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 Benedictine University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Benedictine University fund
4. Investment Growth
With Benedictine University's tuition costs, consider growth-oriented investments for long-term savings
Benedictine University Graduate Outcomes
- Median Earnings (10 years): $63,446
- Loan Repayment Rate: 2015.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Benedictine University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Benedictine University costs $34,290 per year for in-state students and $34,290 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 Benedictine University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $34,290 annual cost. Starting when your child is born gives you 18 years to save.
Benedictine University has a 77.2% admission rate, making it highly competitive. With 1,817 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Benedictine University graduates earn a median salary of $63,446 ten years after graduation, with a 2015.0 loan repayment rate. This represents positive value given the $34,290 tuition cost.
Use our Benedictine 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 $34,290 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 $147,794 total cost by $104,722. To fully fund college, you'd need to save at least $343 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $147,794 total cost by $40,114. To fully fund college, you'd need to save at least $343 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $147,794 total cost for 4 years at Benedictine University with $67,566 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $147,794 total cost for 4 years at Benedictine University with $282,927 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $147,794 total cost for 4 years at Benedictine University with $929,008 extra for additional expenses.