Carolina 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 Carolina University? Our Carolina University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $16,000 for in-state students and $16,000 for out-of-state students, plus a 34.0% admission rate, strategic financial planning is essential for your Carolina University college fund.
About Carolina University
Carolina University is a highly selective institution with 424 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Carolina University education fund.
Current Carolina University Costs
- In-State Tuition: $16,000 per year
- Out-of-State Tuition: $16,000 per year
- Total Students: 424
- Admission Rate: 34.0%
Use our calculator above to determine your personalized savings plan for Carolina University.
Smart Savings Strategies for Carolina University
Given the moderate cost tuition costs at Carolina 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 Carolina University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Carolina University fund
4. Investment Growth
With Carolina University's tuition costs, consider growth-oriented investments for long-term savings
Carolina University Graduate Outcomes
- Median Earnings (10 years): $32,864
- Loan Repayment Rate: 144.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Carolina University savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Carolina University costs $16,000 per year for in-state students and $16,000 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 Carolina University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $16,000 annual cost. Starting when your child is born gives you 18 years to save.
Carolina University has a 34.0% admission rate, making it highly competitive. With 424 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Carolina University graduates earn a median salary of $32,864 ten years after graduation, with a 144.0 loan repayment rate. This represents concerning value given the $16,000 tuition cost.
Use our Carolina 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 $16,000 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 $68,962 total cost by $25,890. To fully fund college, you'd need to save at least $160 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $68,962 total cost for 4 years at Carolina University with $38,718 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $68,962 total cost for 4 years at Carolina University with $146,399 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $68,962 total cost for 4 years at Carolina University with $361,759 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $68,962 total cost for 4 years at Carolina University with $1,007,841 extra for additional expenses.