College of Saint Benedict 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 Saint Benedict? Our College of Saint Benedict savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $53,884 for in-state students and $53,884 for out-of-state students, plus a 91.4% admission rate, strategic financial planning is essential for your College of Saint Benedict college fund.
About College of Saint Benedict
College of Saint Benedict is a highly selective institution with 1,392 students. The college maintains high academic standards with average SAT scores of 1085 and ACT scores of 24.0. Understanding these costs upfront allows families to create an effective savings strategy for their College of Saint Benedict education fund.
Current College of Saint Benedict Costs
- In-State Tuition: $53,884 per year
- Out-of-State Tuition: $53,884 per year
- Total Students: 1,392
- Admission Rate: 91.4%
Use our calculator above to determine your personalized savings plan for College of Saint Benedict.
Smart Savings Strategies for College of Saint Benedict
Given the premium cost tuition costs at College of Saint Benedict, 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 Saint Benedict planning
3. Automatic Savings
Set up monthly transfers to consistently build your College of Saint Benedict fund
4. Investment Growth
With College of Saint Benedict's tuition costs, consider growth-oriented investments for long-term savings
College of Saint Benedict Graduate Outcomes
- Median Earnings (10 years): $63,260
- Loan Repayment Rate: 773.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your College of Saint Benedict savings strategy more compelling from a financial perspective.
Frequently Asked Questions
College of Saint Benedict costs $53,884 per year for in-state students and $53,884 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 Saint Benedict is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $53,884 annual cost. Starting when your child is born gives you 18 years to save.
College of Saint Benedict has a 91.4% admission rate, making it highly competitive. With 1,392 total students and average test scores of 1085 SAT and 24.0 ACT, preparation and planning are important.
College of Saint Benedict graduates earn a median salary of $63,260 ten years after graduation, with a 773.0 loan repayment rate. This represents positive value given the $53,884 tuition cost.
Use our College of Saint Benedict 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 $53,884 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 $232,247 total cost by $189,175. To fully fund college, you'd need to save at least $539 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $232,247 total cost by $124,567. To fully fund college, you'd need to save at least $539 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $232,247 total cost by $16,886. To fully fund college, you'd need to save at least $539 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $232,247 total cost for 4 years at College of Saint Benedict with $198,474 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $232,247 total cost for 4 years at College of Saint Benedict with $844,556 extra for additional expenses.