College of Our Lady of the Elms Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for College of Our Lady of the Elms? Our College of Our Lady of the Elms savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $42,061 for in-state students and $42,061 for out-of-state students, plus a 87.7% admission rate, strategic financial planning is essential for your College of Our Lady of the Elms college fund.
About College of Our Lady of the Elms
College of Our Lady of the Elms is a highly selective institution with 951 students. The college maintains high academic standards with average SAT scores of 1235 and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their College of Our Lady of the Elms education fund.
Current College of Our Lady of the Elms Costs
- In-State Tuition: $42,061 per year
- Out-of-State Tuition: $42,061 per year
- Total Students: 951
- Admission Rate: 87.7%
Use our calculator above to determine your personalized savings plan for College of Our Lady of the Elms.
Smart Savings Strategies for College of Our Lady of the Elms
Given the premium cost tuition costs at College of Our Lady of the Elms, 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 College of Our Lady of the Elms planning
3. Automatic Savings
Set up monthly transfers to consistently build your College of Our Lady of the Elms fund
4. Investment Growth
With College of Our Lady of the Elms's tuition costs, consider growth-oriented investments for long-term savings
College of Our Lady of the Elms Graduate Outcomes
- Median Earnings (10 years): $51,540
- Loan Repayment Rate: 632.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your College of Our Lady of the Elms savings strategy more compelling from a financial perspective.
Frequently Asked Questions
College of Our Lady of the Elms costs $42,061 per year for in-state students and $42,061 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 College of Our Lady of the Elms is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $42,061 annual cost. Starting when your child is born gives you 18 years to save.
College of Our Lady of the Elms has a 87.7% admission rate, making it highly competitive. With 951 total students and average test scores of 1235 SAT and N/A ACT, preparation and planning are important.
College of Our Lady of the Elms graduates earn a median salary of $51,540 ten years after graduation, with a 632.0 loan repayment rate. This represents positive value given the $42,061 tuition cost.
Use our College of Our Lady of the Elms 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 $42,061 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 $181,288 total cost by $138,216. To fully fund college, you'd need to save at least $421 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $181,288 total cost by $73,608. To fully fund college, you'd need to save at least $421 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $181,288 total cost for 4 years at College of Our Lady of the Elms with $34,072 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $181,288 total cost for 4 years at College of Our Lady of the Elms with $249,433 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $181,288 total cost for 4 years at College of Our Lady of the Elms with $895,514 extra for additional expenses.