Five Towns College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Five Towns College? Our Five Towns College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $29,950 for in-state students and $29,950 for out-of-state students, plus a 72.0% admission rate, strategic financial planning is essential for your Five Towns College college fund.
About Five Towns College
Five Towns College is a highly selective institution with 533 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 Five Towns College education fund.
Current Five Towns College Costs
- In-State Tuition: $29,950 per year
- Out-of-State Tuition: $29,950 per year
- Total Students: 533
- Admission Rate: 72.0%
Use our calculator above to determine your personalized savings plan for Five Towns College.
Smart Savings Strategies for Five Towns College
Given the higher cost tuition costs at Five Towns 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 Five Towns College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Five Towns College fund
4. Investment Growth
With Five Towns College's tuition costs, consider growth-oriented investments for long-term savings
Five Towns College Graduate Outcomes
- Median Earnings (10 years): $35,887
- Loan Repayment Rate: 612.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Five Towns College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Five Towns College costs $29,950 per year for in-state students and $29,950 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 Five Towns College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $29,950 annual cost. Starting when your child is born gives you 18 years to save.
Five Towns College has a 72.0% admission rate, making it highly competitive. With 533 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Five Towns College graduates earn a median salary of $35,887 ten years after graduation, with a 612.0 loan repayment rate. This represents concerning value given the $29,950 tuition cost.
Use our Five Towns 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 $29,950 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 $129,088 total cost by $86,016. To fully fund college, you'd need to save at least $300 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $129,088 total cost by $21,408. To fully fund college, you'd need to save at least $300 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $129,088 total cost for 4 years at Five Towns College with $86,272 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $129,088 total cost for 4 years at Five Towns College with $301,633 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $129,088 total cost for 4 years at Five Towns College with $947,714 extra for additional expenses.