Bowie 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 Bowie State University? Our Bowie State University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $8,999 for in-state students and $19,889 for out-of-state students, plus a 83.5% admission rate, strategic financial planning is essential for your Bowie State University college fund.
About Bowie State University
Bowie State University is a highly selective institution with 5,207 students. The college maintains high academic standards with average SAT scores of 939 and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Bowie State University education fund.
Current Bowie State University Costs
- In-State Tuition: $8,999 per year
- Out-of-State Tuition: $19,889 per year
- Total Students: 5,207
- Admission Rate: 83.5%
Use our calculator above to determine your personalized savings plan for Bowie State University.
Smart Savings Strategies for Bowie State University
Given the affordable tuition costs at Bowie 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 Bowie State University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Bowie State University fund
4. Investment Growth
With Bowie State University's tuition costs, consider growth-oriented investments for long-term savings
Bowie State University Graduate Outcomes
- Median Earnings (10 years): $54,537
- Loan Repayment Rate: 2352.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Bowie State University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Bowie State University costs $8,999 per year for in-state students and $19,889 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 Bowie State University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $8,999 annual cost. Starting when your child is born gives you 18 years to save.
Bowie State University has a 83.5% admission rate, making it highly competitive. With 5,207 total students and average test scores of 939 SAT and N/A ACT, preparation and planning are important.
Bowie State University graduates earn a median salary of $54,537 ten years after graduation, with a 2352.0 loan repayment rate. This represents positive value given the $8,999 tuition cost.
Use our Bowie 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 $8,999 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $38,787 total cost for 4 years at Bowie State University with $4,285 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $38,787 total cost for 4 years at Bowie State University with $68,893 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $38,787 total cost for 4 years at Bowie State University with $176,574 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $38,787 total cost for 4 years at Bowie State University with $391,934 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $38,787 total cost for 4 years at Bowie State University with $1,038,016 extra for additional expenses.