Framingham State University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Framingham State University? Our Framingham State University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $11,630 for in-state students and $17,710 for out-of-state students, plus a 84.9% admission rate, strategic financial planning is essential for your Framingham State University college fund.
About Framingham State University
Framingham State University is a highly selective institution with 2,556 students. The college maintains high academic standards with average SAT scores of 1162 and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Framingham State University education fund.
Current Framingham State University Costs
- In-State Tuition: $11,630 per year
- Out-of-State Tuition: $17,710 per year
- Total Students: 2,556
- Admission Rate: 84.9%
Use our calculator above to determine your personalized savings plan for Framingham State University.
Smart Savings Strategies for Framingham State University
Given the affordable tuition costs at Framingham State University, 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 Framingham State University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Framingham State University fund
4. Investment Growth
With Framingham State University's tuition costs, consider growth-oriented investments for long-term savings
Framingham State University Graduate Outcomes
- Median Earnings (10 years): $52,349
- Loan Repayment Rate: 1787.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Framingham State University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Framingham State University costs $11,630 per year for in-state students and $17,710 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 Framingham State University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $11,630 annual cost. Starting when your child is born gives you 18 years to save.
Framingham State University has a 84.9% admission rate, making it highly competitive. With 2,556 total students and average test scores of 1162 SAT and N/A ACT, preparation and planning are important.
Framingham State University graduates earn a median salary of $52,349 ten years after graduation, with a 1787.0 loan repayment rate. This represents positive value given the $11,630 tuition cost.
Use our Framingham State University 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 $11,630 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 $50,127 total cost by $7,055. To fully fund college, you'd need to save at least $116 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $50,127 total cost for 4 years at Framingham State University with $57,554 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $50,127 total cost for 4 years at Framingham State University with $165,234 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $50,127 total cost for 4 years at Framingham State University with $380,594 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $50,127 total cost for 4 years at Framingham State University with $1,026,676 extra for additional expenses.