Biola University Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Biola University? Our Biola University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $46,704 for in-state students and $46,704 for out-of-state students, plus a 60.1% admission rate, strategic financial planning is essential for your Biola University college fund.
About Biola University
Biola University is a highly selective institution with 3,390 students. The college maintains high academic standards with average SAT scores of 1245 and ACT scores of 27.0. Understanding these costs upfront allows families to create an effective savings strategy for their Biola University education fund.
Current Biola University Costs
- In-State Tuition: $46,704 per year
- Out-of-State Tuition: $46,704 per year
- Total Students: 3,390
- Admission Rate: 60.1%
Use our calculator above to determine your personalized savings plan for Biola University.
Smart Savings Strategies for Biola University
Given the premium cost tuition costs at Biola 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 Biola University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Biola University fund
4. Investment Growth
With Biola University's tuition costs, consider growth-oriented investments for long-term savings
Biola University Graduate Outcomes
- Median Earnings (10 years): $56,778
- Loan Repayment Rate: 1856.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Biola University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Biola University costs $46,704 per year for in-state students and $46,704 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 Biola University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $46,704 annual cost. Starting when your child is born gives you 18 years to save.
Biola University has a 60.1% admission rate, making it highly competitive. With 3,390 total students and average test scores of 1245 SAT and 27.0 ACT, preparation and planning are important.
Biola University graduates earn a median salary of $56,778 ten years after graduation, with a 1856.0 loan repayment rate. This represents positive value given the $46,704 tuition cost.
Use our Biola 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 $46,704 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 $201,300 total cost by $158,228. To fully fund college, you'd need to save at least $467 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $201,300 total cost by $93,620. To fully fund college, you'd need to save at least $467 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $201,300 total cost for 4 years at Biola University with $14,060 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $201,300 total cost for 4 years at Biola University with $229,421 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $201,300 total cost for 4 years at Biola University with $875,502 extra for additional expenses.