Goldey-Beacom College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Goldey-Beacom College? Our Goldey-Beacom College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $13,440 for in-state students and $13,440 for out-of-state students, plus a 76.5% admission rate, strategic financial planning is essential for your Goldey-Beacom College college fund.
About Goldey-Beacom College
Goldey-Beacom College is a highly selective institution with 634 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 Goldey-Beacom College education fund.
Current Goldey-Beacom College Costs
- In-State Tuition: $13,440 per year
- Out-of-State Tuition: $13,440 per year
- Total Students: 634
- Admission Rate: 76.5%
Use our calculator above to determine your personalized savings plan for Goldey-Beacom College.
Smart Savings Strategies for Goldey-Beacom College
Given the affordable tuition costs at Goldey-Beacom 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 Goldey-Beacom College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Goldey-Beacom College fund
4. Investment Growth
With Goldey-Beacom College's tuition costs, consider growth-oriented investments for long-term savings
Goldey-Beacom College Graduate Outcomes
- Median Earnings (10 years): $59,892
- Loan Repayment Rate: 353.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Goldey-Beacom College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Goldey-Beacom College costs $13,440 per year for in-state students and $13,440 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 Goldey-Beacom College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $13,440 annual cost. Starting when your child is born gives you 18 years to save.
Goldey-Beacom College has a 76.5% admission rate, making it highly competitive. With 634 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Goldey-Beacom College graduates earn a median salary of $59,892 ten years after graduation, with a 353.0 loan repayment rate. This represents positive value given the $13,440 tuition cost.
Use our Goldey-Beacom 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 $13,440 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 $57,928 total cost by $14,856. To fully fund college, you'd need to save at least $134 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $57,928 total cost for 4 years at Goldey-Beacom College with $49,752 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $57,928 total cost for 4 years at Goldey-Beacom College with $157,432 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $57,928 total cost for 4 years at Goldey-Beacom College with $372,793 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $57,928 total cost for 4 years at Goldey-Beacom College with $1,018,874 extra for additional expenses.