Florida 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 Florida College? Our Florida College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $18,920 for in-state students and $18,920 for out-of-state students, plus a 66.5% admission rate, strategic financial planning is essential for your Florida College college fund.
About Florida College
Florida College is a highly selective institution with 589 students. The college maintains high academic standards with average SAT scores of 1100 and ACT scores of 18.5. Understanding these costs upfront allows families to create an effective savings strategy for their Florida College education fund.
Current Florida College Costs
- In-State Tuition: $18,920 per year
- Out-of-State Tuition: $18,920 per year
- Total Students: 589
- Admission Rate: 66.5%
Use our calculator above to determine your personalized savings plan for Florida College.
Smart Savings Strategies for Florida College
Given the moderate cost tuition costs at Florida 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 Florida College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Florida College fund
4. Investment Growth
With Florida College's tuition costs, consider growth-oriented investments for long-term savings
Florida College Graduate Outcomes
- Median Earnings (10 years): $43,445
- Loan Repayment Rate: 334.0
- Value Rating: Good
These outcomes show positive return on investment, making your Florida College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Florida College costs $18,920 per year for in-state students and $18,920 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 Florida College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $18,920 annual cost. Starting when your child is born gives you 18 years to save.
Florida College has a 66.5% admission rate, making it highly competitive. With 589 total students and average test scores of 1100 SAT and 18.5 ACT, preparation and planning are important.
Florida College graduates earn a median salary of $43,445 ten years after graduation, with a 334.0 loan repayment rate. This represents positive value given the $18,920 tuition cost.
Use our Florida 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 $18,920 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 $81,548 total cost by $38,475. To fully fund college, you'd need to save at least $189 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $81,548 total cost for 4 years at Florida College with $26,133 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $81,548 total cost for 4 years at Florida College with $133,813 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $81,548 total cost for 4 years at Florida College with $349,173 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $81,548 total cost for 4 years at Florida College with $995,255 extra for additional expenses.