Black Hills 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 Black Hills State University? Our Black Hills State University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $9,000 for in-state students and $12,100 for out-of-state students, plus a 94.4% admission rate, strategic financial planning is essential for your Black Hills State University college fund.
About Black Hills State University
Black Hills State University is a highly selective institution with 1,935 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 Black Hills State University education fund.
Current Black Hills State University Costs
- In-State Tuition: $9,000 per year
- Out-of-State Tuition: $12,100 per year
- Total Students: 1,935
- Admission Rate: 94.4%
Use our calculator above to determine your personalized savings plan for Black Hills State University.
Smart Savings Strategies for Black Hills State University
Given the affordable tuition costs at Black Hills 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 Black Hills State University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Black Hills State University fund
4. Investment Growth
With Black Hills State University's tuition costs, consider growth-oriented investments for long-term savings
Black Hills State University Graduate Outcomes
- Median Earnings (10 years): $46,674
- Loan Repayment Rate: 2196.0
- Value Rating: Good
These outcomes show positive return on investment, making your Black Hills State University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Black Hills State University costs $9,000 per year for in-state students and $12,100 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 Black Hills State University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $9,000 annual cost. Starting when your child is born gives you 18 years to save.
Black Hills State University has a 94.4% admission rate, making it highly competitive. With 1,935 total students and average test scores of N/A SAT and 20.5 ACT, preparation and planning are important.
Black Hills State University graduates earn a median salary of $46,674 ten years after graduation, with a 2196.0 loan repayment rate. This represents positive value given the $9,000 tuition cost.
Use our Black Hills 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 $9,000 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $38,791 total cost for 4 years at Black Hills State University with $4,281 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $38,791 total cost for 4 years at Black Hills State University with $68,889 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $38,791 total cost for 4 years at Black Hills State University with $176,569 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $38,791 total cost for 4 years at Black Hills State University with $391,930 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $38,791 total cost for 4 years at Black Hills State University with $1,038,011 extra for additional expenses.