Davenport University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Davenport University? Our Davenport University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $23,324 for in-state students and $23,324 for out-of-state students, plus a 97.1% admission rate, strategic financial planning is essential for your Davenport University college fund.
About Davenport University
Davenport University is a highly selective institution with 3,213 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 Davenport University education fund.
Current Davenport University Costs
- In-State Tuition: $23,324 per year
- Out-of-State Tuition: $23,324 per year
- Total Students: 3,213
- Admission Rate: 97.1%
Use our calculator above to determine your personalized savings plan for Davenport University.
Smart Savings Strategies for Davenport University
Given the moderate cost tuition costs at Davenport 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 Davenport University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Davenport University fund
4. Investment Growth
With Davenport University's tuition costs, consider growth-oriented investments for long-term savings
Davenport University Graduate Outcomes
- Median Earnings (10 years): $45,099
- Loan Repayment Rate: 8179.0
- Value Rating: Good
These outcomes show positive return on investment, making your Davenport University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Davenport University costs $23,324 per year for in-state students and $23,324 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 Davenport University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $23,324 annual cost. Starting when your child is born gives you 18 years to save.
Davenport University has a 97.1% admission rate, making it highly competitive. With 3,213 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Davenport University graduates earn a median salary of $45,099 ten years after graduation, with a 8179.0 loan repayment rate. This represents positive value given the $23,324 tuition cost.
Use our Davenport 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 $23,324 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 $100,529 total cost by $57,457. To fully fund college, you'd need to save at least $233 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $100,529 total cost for 4 years at Davenport University with $7,151 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $100,529 total cost for 4 years at Davenport University with $114,831 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $100,529 total cost for 4 years at Davenport University with $330,192 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $100,529 total cost for 4 years at Davenport University with $976,273 extra for additional expenses.