Cottey College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Cottey College? Our Cottey College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $26,209 for in-state students and $26,209 for out-of-state students, plus a 66.3% admission rate, strategic financial planning is essential for your Cottey College college fund.
About Cottey College
Cottey College is a highly selective institution with 266 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of 19.0. Understanding these costs upfront allows families to create an effective savings strategy for their Cottey College education fund.
Current Cottey College Costs
- In-State Tuition: $26,209 per year
- Out-of-State Tuition: $26,209 per year
- Total Students: 266
- Admission Rate: 66.3%
Use our calculator above to determine your personalized savings plan for Cottey College.
Smart Savings Strategies for Cottey College
Given the higher cost tuition costs at Cottey College, 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 Cottey College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Cottey College fund
4. Investment Growth
With Cottey College's tuition costs, consider growth-oriented investments for long-term savings
Cottey College Graduate Outcomes
- Median Earnings (10 years): $35,422
- Loan Repayment Rate: 221.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Cottey College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Cottey College costs $26,209 per year for in-state students and $26,209 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 Cottey College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $26,209 annual cost. Starting when your child is born gives you 18 years to save.
Cottey College has a 66.3% admission rate, making it highly competitive. With 266 total students and average test scores of N/A SAT and 19.0 ACT, preparation and planning are important.
Cottey College graduates earn a median salary of $35,422 ten years after graduation, with a 221.0 loan repayment rate. This represents concerning value given the $26,209 tuition cost.
Use our Cottey College 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 $26,209 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 $112,964 total cost by $69,892. To fully fund college, you'd need to save at least $262 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $112,964 total cost by $5,284. To fully fund college, you'd need to save at least $262 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $112,964 total cost for 4 years at Cottey College with $102,396 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $112,964 total cost for 4 years at Cottey College with $317,757 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $112,964 total cost for 4 years at Cottey College with $963,839 extra for additional expenses.