Eckerd College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Eckerd College? Our Eckerd College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $50,374 for in-state students and $50,374 for out-of-state students, plus a 78.7% admission rate, strategic financial planning is essential for your Eckerd College college fund.
About Eckerd College
Eckerd College is a highly selective institution with 1,984 students. The college maintains high academic standards with average SAT scores of 1243 and ACT scores of 26.5. Understanding these costs upfront allows families to create an effective savings strategy for their Eckerd College education fund.
Current Eckerd College Costs
- In-State Tuition: $50,374 per year
- Out-of-State Tuition: $50,374 per year
- Total Students: 1,984
- Admission Rate: 78.7%
Use our calculator above to determine your personalized savings plan for Eckerd College.
Smart Savings Strategies for Eckerd College
Given the premium cost tuition costs at Eckerd 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 Eckerd College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Eckerd College fund
4. Investment Growth
With Eckerd College's tuition costs, consider growth-oriented investments for long-term savings
Eckerd College Graduate Outcomes
- Median Earnings (10 years): $51,819
- Loan Repayment Rate: 944.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Eckerd College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Eckerd College costs $50,374 per year for in-state students and $50,374 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 Eckerd College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $50,374 annual cost. Starting when your child is born gives you 18 years to save.
Eckerd College has a 78.7% admission rate, making it highly competitive. With 1,984 total students and average test scores of 1243 SAT and 26.5 ACT, preparation and planning are important.
Eckerd College graduates earn a median salary of $51,819 ten years after graduation, with a 944.0 loan repayment rate. This represents positive value given the $50,374 tuition cost.
Use our Eckerd 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 $50,374 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 $217,118 total cost by $174,046. To fully fund college, you'd need to save at least $504 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $217,118 total cost by $109,438. To fully fund college, you'd need to save at least $504 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $217,118 total cost by $1,758. To fully fund college, you'd need to save at least $504 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $217,118 total cost for 4 years at Eckerd College with $213,603 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $217,118 total cost for 4 years at Eckerd College with $859,684 extra for additional expenses.