Fulton-Montgomery Community College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Fulton-Montgomery Community College? Our Fulton-Montgomery Community College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $6,054 for in-state students and $6,654 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Fulton-Montgomery Community College college fund.
About Fulton-Montgomery Community College
Fulton-Montgomery Community College is a selective institution with 953 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 Fulton-Montgomery Community College education fund.
Current Fulton-Montgomery Community College Costs
- In-State Tuition: $6,054 per year
- Out-of-State Tuition: $6,654 per year
- Total Students: 953
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Fulton-Montgomery Community College.
Smart Savings Strategies for Fulton-Montgomery Community College
Given the affordable tuition costs at Fulton-Montgomery Community 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 Fulton-Montgomery Community College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Fulton-Montgomery Community College fund
4. Investment Growth
With Fulton-Montgomery Community College's tuition costs, consider growth-oriented investments for long-term savings
Fulton-Montgomery Community College Graduate Outcomes
- Median Earnings (10 years): $39,535
- Loan Repayment Rate: 1609.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Fulton-Montgomery Community College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Fulton-Montgomery Community College costs $6,054 per year for in-state students and $6,654 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 Fulton-Montgomery Community College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $6,054 annual cost. Starting when your child is born gives you 18 years to save.
Fulton-Montgomery Community College has a N/A admission rate, making it selective. With 953 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Fulton-Montgomery Community College graduates earn a median salary of $39,535 ten years after graduation, with a 1609.0 loan repayment rate. This represents concerning value given the $6,054 tuition cost.
Use our Fulton-Montgomery Community 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 $6,054 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $26,093 total cost for 4 years at Fulton-Montgomery Community College with $16,979 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $26,093 total cost for 4 years at Fulton-Montgomery Community College with $81,587 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $26,093 total cost for 4 years at Fulton-Montgomery Community College with $189,267 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $26,093 total cost for 4 years at Fulton-Montgomery Community College with $404,628 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $26,093 total cost for 4 years at Fulton-Montgomery Community College with $1,050,709 extra for additional expenses.