Boston College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Boston College? Our Boston College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $67,680 for in-state students and $67,680 for out-of-state students, plus a 15.7% admission rate, strategic financial planning is essential for your Boston College college fund.
About Boston College
Boston College is a highly selective institution with 9,865 students. The college maintains high academic standards with average SAT scores of 1485 and ACT scores of 33.5. Understanding these costs upfront allows families to create an effective savings strategy for their Boston College education fund.
Current Boston College Costs
- In-State Tuition: $67,680 per year
- Out-of-State Tuition: $67,680 per year
- Total Students: 9,865
- Admission Rate: 15.7%
Use our calculator above to determine your personalized savings plan for Boston College.
Smart Savings Strategies for Boston College
Given the premium cost tuition costs at Boston 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 Boston College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Boston College fund
4. Investment Growth
With Boston College's tuition costs, consider growth-oriented investments for long-term savings
Boston College Graduate Outcomes
- Median Earnings (10 years): $103,937
- Loan Repayment Rate: 2149.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Boston College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Boston College costs $67,680 per year for in-state students and $67,680 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 Boston College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $67,680 annual cost. Starting when your child is born gives you 18 years to save.
Boston College has a 15.7% admission rate, making it highly competitive. With 9,865 total students and average test scores of 1485 SAT and 33.5 ACT, preparation and planning are important.
Boston College graduates earn a median salary of $103,937 ten years after graduation, with a 2149.0 loan repayment rate. This represents positive value given the $67,680 tuition cost.
Use our Boston 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 $67,680 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 $291,709 total cost by $248,637. To fully fund college, you'd need to save at least $677 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $291,709 total cost by $184,029. To fully fund college, you'd need to save at least $677 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $291,709 total cost by $76,349. To fully fund college, you'd need to save at least $677 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $291,709 total cost for 4 years at Boston College with $139,012 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $291,709 total cost for 4 years at Boston College with $785,093 extra for additional expenses.