College of Saint Mary 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 Mary? Our College of Saint Mary savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $23,340 for in-state students and $23,340 for out-of-state students, plus a 44.0% admission rate, strategic financial planning is essential for your College of Saint Mary college fund.
About College of Saint Mary
College of Saint Mary is a highly selective institution with 455 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of 21.0. Understanding these costs upfront allows families to create an effective savings strategy for their College of Saint Mary education fund.
Current College of Saint Mary Costs
- In-State Tuition: $23,340 per year
- Out-of-State Tuition: $23,340 per year
- Total Students: 455
- Admission Rate: 44.0%
Use our calculator above to determine your personalized savings plan for College of Saint Mary.
Smart Savings Strategies for College of Saint Mary
Given the moderate cost tuition costs at College of Saint Mary, 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 Mary planning
3. Automatic Savings
Set up monthly transfers to consistently build your College of Saint Mary fund
4. Investment Growth
With College of Saint Mary's tuition costs, consider growth-oriented investments for long-term savings
College of Saint Mary Graduate Outcomes
- Median Earnings (10 years): $54,338
- Loan Repayment Rate: 596.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your College of Saint Mary savings strategy more compelling from a financial perspective.
Frequently Asked Questions
College of Saint Mary costs $23,340 per year for in-state students and $23,340 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 Mary is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $23,340 annual cost. Starting when your child is born gives you 18 years to save.
College of Saint Mary has a 44.0% admission rate, making it highly competitive. With 455 total students and average test scores of N/A SAT and 21.0 ACT, preparation and planning are important.
College of Saint Mary graduates earn a median salary of $54,338 ten years after graduation, with a 596.0 loan repayment rate. This represents positive value given the $23,340 tuition cost.
Use our College of Saint Mary 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 $23,340 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 $100,598 total cost by $57,526. To fully fund college, you'd need to save at least $234 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $100,598 total cost for 4 years at College of Saint Mary with $7,082 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $100,598 total cost for 4 years at College of Saint Mary with $114,762 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $100,598 total cost for 4 years at College of Saint Mary with $330,123 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $100,598 total cost for 4 years at College of Saint Mary with $976,204 extra for additional expenses.