Bethune-Cookman University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Bethune-Cookman University? Our Bethune-Cookman University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $14,794 for in-state students and $14,794 for out-of-state students, plus a 99.9% admission rate, strategic financial planning is essential for your Bethune-Cookman University college fund.
About Bethune-Cookman University
Bethune-Cookman University is a highly selective institution with 2,414 students. The college maintains high academic standards with average SAT scores of 915 and ACT scores of 16.5. Understanding these costs upfront allows families to create an effective savings strategy for their Bethune-Cookman University education fund.
Current Bethune-Cookman University Costs
- In-State Tuition: $14,794 per year
- Out-of-State Tuition: $14,794 per year
- Total Students: 2,414
- Admission Rate: 99.9%
Use our calculator above to determine your personalized savings plan for Bethune-Cookman University.
Smart Savings Strategies for Bethune-Cookman University
Given the affordable tuition costs at Bethune-Cookman 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 Bethune-Cookman University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Bethune-Cookman University fund
4. Investment Growth
With Bethune-Cookman University's tuition costs, consider growth-oriented investments for long-term savings
Bethune-Cookman University Graduate Outcomes
- Median Earnings (10 years): $38,518
- Loan Repayment Rate: 2513.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Bethune-Cookman University savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Bethune-Cookman University costs $14,794 per year for in-state students and $14,794 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 Bethune-Cookman University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $14,794 annual cost. Starting when your child is born gives you 18 years to save.
Bethune-Cookman University has a 99.9% admission rate, making it highly competitive. With 2,414 total students and average test scores of 915 SAT and 16.5 ACT, preparation and planning are important.
Bethune-Cookman University graduates earn a median salary of $38,518 ten years after graduation, with a 2513.0 loan repayment rate. This represents concerning value given the $14,794 tuition cost.
Use our Bethune-Cookman 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 $14,794 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 $63,764 total cost by $20,692. To fully fund college, you'd need to save at least $148 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $63,764 total cost for 4 years at Bethune-Cookman University with $43,916 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $63,764 total cost for 4 years at Bethune-Cookman University with $151,597 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $63,764 total cost for 4 years at Bethune-Cookman University with $366,957 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $63,764 total cost for 4 years at Bethune-Cookman University with $1,013,039 extra for additional expenses.