Eastern Nazarene College Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Eastern Nazarene College? Our Eastern Nazarene College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $28,610 for in-state students and $28,610 for out-of-state students, plus a 59.0% admission rate, strategic financial planning is essential for your Eastern Nazarene College college fund.
About Eastern Nazarene College
Eastern Nazarene College is a highly selective institution with 378 students. The college maintains high academic standards with average SAT scores of 1031 and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Eastern Nazarene College education fund.
Current Eastern Nazarene College Costs
- In-State Tuition: $28,610 per year
- Out-of-State Tuition: $28,610 per year
- Total Students: 378
- Admission Rate: 59.0%
Use our calculator above to determine your personalized savings plan for Eastern Nazarene College.
Smart Savings Strategies for Eastern Nazarene College
Given the higher cost tuition costs at Eastern Nazarene 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 Eastern Nazarene College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Eastern Nazarene College fund
4. Investment Growth
With Eastern Nazarene College's tuition costs, consider growth-oriented investments for long-term savings
Eastern Nazarene College Graduate Outcomes
- Median Earnings (10 years): $54,727
- Loan Repayment Rate: 494.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Eastern Nazarene College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Eastern Nazarene College costs $28,610 per year for in-state students and $28,610 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 Eastern Nazarene College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $28,610 annual cost. Starting when your child is born gives you 18 years to save.
Eastern Nazarene College has a 59.0% admission rate, making it highly competitive. With 378 total students and average test scores of 1031 SAT and N/A ACT, preparation and planning are important.
Eastern Nazarene College graduates earn a median salary of $54,727 ten years after graduation, with a 494.0 loan repayment rate. This represents positive value given the $28,610 tuition cost.
Use our Eastern Nazarene 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 $28,610 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 $123,313 total cost by $80,241. To fully fund college, you'd need to save at least $286 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $123,313 total cost by $15,632. To fully fund college, you'd need to save at least $286 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $123,313 total cost for 4 years at Eastern Nazarene College with $92,048 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $123,313 total cost for 4 years at Eastern Nazarene College with $307,408 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $123,313 total cost for 4 years at Eastern Nazarene College with $953,490 extra for additional expenses.