Brigham Young University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Brigham Young University? Our Brigham Young University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $6,496 for in-state students and $6,496 for out-of-state students, plus a 69.2% admission rate, strategic financial planning is essential for your Brigham Young University college fund.
About Brigham Young University
Brigham Young University is a highly selective institution with 32,221 students. The college maintains high academic standards with average SAT scores of 1370 and ACT scores of 30.0. Understanding these costs upfront allows families to create an effective savings strategy for their Brigham Young University education fund.
Current Brigham Young University Costs
- In-State Tuition: $6,496 per year
- Out-of-State Tuition: $6,496 per year
- Total Students: 32,221
- Admission Rate: 69.2%
Use our calculator above to determine your personalized savings plan for Brigham Young University.
Smart Savings Strategies for Brigham Young University
Given the affordable tuition costs at Brigham Young 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 Brigham Young University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Brigham Young University fund
4. Investment Growth
With Brigham Young University's tuition costs, consider growth-oriented investments for long-term savings
Brigham Young University Graduate Outcomes
- Median Earnings (10 years): $75,790
- Loan Repayment Rate: 5682.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Brigham Young University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Brigham Young University costs $6,496 per year for in-state students and $6,496 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 Brigham Young University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $6,496 annual cost. Starting when your child is born gives you 18 years to save.
Brigham Young University has a 69.2% admission rate, making it highly competitive. With 32,221 total students and average test scores of 1370 SAT and 30.0 ACT, preparation and planning are important.
Brigham Young University graduates earn a median salary of $75,790 ten years after graduation, with a 5682.0 loan repayment rate. This represents positive value given the $6,496 tuition cost.
Use our Brigham Young 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 $6,496 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $27,999 total cost for 4 years at Brigham Young University with $15,074 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $27,999 total cost for 4 years at Brigham Young University with $79,682 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $27,999 total cost for 4 years at Brigham Young University with $187,362 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $27,999 total cost for 4 years at Brigham Young University with $402,722 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $27,999 total cost for 4 years at Brigham Young University with $1,048,804 extra for additional expenses.