Goddard College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Goddard College? Our Goddard College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $19,568 for in-state students and $19,568 for out-of-state students, plus a 19.5% admission rate, strategic financial planning is essential for your Goddard College college fund.
About Goddard College
Goddard College is a highly selective institution with 113 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 Goddard College education fund.
Current Goddard College Costs
- In-State Tuition: $19,568 per year
- Out-of-State Tuition: $19,568 per year
- Total Students: 113
- Admission Rate: 19.5%
Use our calculator above to determine your personalized savings plan for Goddard College.
Smart Savings Strategies for Goddard College
Given the moderate cost tuition costs at Goddard 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 Goddard College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Goddard College fund
4. Investment Growth
With Goddard College's tuition costs, consider growth-oriented investments for long-term savings
Goddard College Graduate Outcomes
- Median Earnings (10 years): $25,552
- Loan Repayment Rate: 221.0
- Value Rating: Concerning
These outcomes show concerning return on investment, making your Goddard College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Goddard College costs $19,568 per year for in-state students and $19,568 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 Goddard College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $19,568 annual cost. Starting when your child is born gives you 18 years to save.
Goddard College has a 19.5% admission rate, making it highly competitive. With 113 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Goddard College graduates earn a median salary of $25,552 ten years after graduation, with a 221.0 loan repayment rate. This represents concerning value given the $19,568 tuition cost.
Use our Goddard 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 $19,568 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 $84,341 total cost by $41,268. To fully fund college, you'd need to save at least $196 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $84,341 total cost for 4 years at Goddard College with $23,340 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $84,341 total cost for 4 years at Goddard College with $131,020 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $84,341 total cost for 4 years at Goddard College with $346,381 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $84,341 total cost for 4 years at Goddard College with $992,462 extra for additional expenses.