George Washington University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for George Washington University? Our George Washington University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $64,990 for in-state students and $64,990 for out-of-state students, plus a 43.5% admission rate, strategic financial planning is essential for your George Washington University college fund.
About George Washington University
George Washington University is a highly selective institution with 10,848 students. The college maintains high academic standards with average SAT scores of 1425 and ACT scores of 32.5. Understanding these costs upfront allows families to create an effective savings strategy for their George Washington University education fund.
Current George Washington University Costs
- In-State Tuition: $64,990 per year
- Out-of-State Tuition: $64,990 per year
- Total Students: 10,848
- Admission Rate: 43.5%
Use our calculator above to determine your personalized savings plan for George Washington University.
Smart Savings Strategies for George Washington University
Given the premium cost tuition costs at George Washington 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 George Washington University planning
3. Automatic Savings
Set up monthly transfers to consistently build your George Washington University fund
4. Investment Growth
With George Washington University's tuition costs, consider growth-oriented investments for long-term savings
George Washington University Graduate Outcomes
- Median Earnings (10 years): $90,873
- Loan Repayment Rate: 2671.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your George Washington University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
George Washington University costs $64,990 per year for in-state students and $64,990 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 George Washington University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $64,990 annual cost. Starting when your child is born gives you 18 years to save.
George Washington University has a 43.5% admission rate, making it highly competitive. With 10,848 total students and average test scores of 1425 SAT and 32.5 ACT, preparation and planning are important.
George Washington University graduates earn a median salary of $90,873 ten years after graduation, with a 2671.0 loan repayment rate. This represents positive value given the $64,990 tuition cost.
Use our George Washington 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 $64,990 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 $280,115 total cost by $237,043. To fully fund college, you'd need to save at least $650 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $280,115 total cost by $172,435. To fully fund college, you'd need to save at least $650 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $280,115 total cost by $64,755. To fully fund college, you'd need to save at least $650 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $280,115 total cost for 4 years at George Washington University with $150,606 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $280,115 total cost for 4 years at George Washington University with $796,688 extra for additional expenses.