Bennington College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Bennington College? Our Bennington College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $64,644 for in-state students and $64,644 for out-of-state students, plus a 48.0% admission rate, strategic financial planning is essential for your Bennington College college fund.
About Bennington College
Bennington College is a highly selective institution with 759 students. The college maintains high academic standards with average SAT scores of 1351 and ACT scores of 31.0. Understanding these costs upfront allows families to create an effective savings strategy for their Bennington College education fund.
Current Bennington College Costs
- In-State Tuition: $64,644 per year
- Out-of-State Tuition: $64,644 per year
- Total Students: 759
- Admission Rate: 48.0%
Use our calculator above to determine your personalized savings plan for Bennington College.
Smart Savings Strategies for Bennington College
Given the premium cost tuition costs at Bennington College, 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 Bennington College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Bennington College fund
4. Investment Growth
With Bennington College's tuition costs, consider growth-oriented investments for long-term savings
Bennington College Graduate Outcomes
- Median Earnings (10 years): $38,289
- Loan Repayment Rate: 262.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Bennington College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Bennington College costs $64,644 per year for in-state students and $64,644 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 Bennington College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $64,644 annual cost. Starting when your child is born gives you 18 years to save.
Bennington College has a 48.0% admission rate, making it highly competitive. With 759 total students and average test scores of 1351 SAT and 31.0 ACT, preparation and planning are important.
Bennington College graduates earn a median salary of $38,289 ten years after graduation, with a 262.0 loan repayment rate. This represents concerning value given the $64,644 tuition cost.
Use our Bennington College 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 $64,644 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 $278,624 total cost by $235,552. To fully fund college, you'd need to save at least $647 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $278,624 total cost by $170,943. To fully fund college, you'd need to save at least $647 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $278,624 total cost by $63,263. To fully fund college, you'd need to save at least $647 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $278,624 total cost for 4 years at Bennington College with $152,097 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $278,624 total cost for 4 years at Bennington College with $798,179 extra for additional expenses.