Elyon College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Elyon College? Our Elyon College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $14,620 for in-state students and $14,620 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Elyon College college fund.
About Elyon College
Elyon College is a selective institution with 25 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 Elyon College education fund.
Current Elyon College Costs
- In-State Tuition: $14,620 per year
- Out-of-State Tuition: $14,620 per year
- Total Students: 25
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Elyon College.
Smart Savings Strategies for Elyon College
Given the affordable tuition costs at Elyon 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 Elyon College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Elyon College fund
4. Investment Growth
With Elyon College's tuition costs, consider growth-oriented investments for long-term savings
Elyon College Graduate Outcomes
- Median Earnings (10 years): N/A
- Loan Repayment Rate: N/A
- Value Rating: Good
These outcomes show positive return on investment, making your Elyon College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Elyon College costs $14,620 per year for in-state students and $14,620 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 Elyon College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $14,620 annual cost. Starting when your child is born gives you 18 years to save.
Elyon College has a N/A admission rate, making it selective. With 25 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Elyon College graduates earn a median salary of N/A ten years after graduation, with a N/A loan repayment rate. This represents positive value given the $14,620 tuition cost.
Use our Elyon 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 $14,620 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 $63,014 total cost by $19,942. To fully fund college, you'd need to save at least $146 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $63,014 total cost for 4 years at Elyon College with $44,666 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $63,014 total cost for 4 years at Elyon College with $152,346 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $63,014 total cost for 4 years at Elyon College with $367,707 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $63,014 total cost for 4 years at Elyon College with $1,013,789 extra for additional expenses.