Hampshire College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Hampshire College? Our Hampshire College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $56,630 for in-state students and $56,630 for out-of-state students, plus a 70.4% admission rate, strategic financial planning is essential for your Hampshire College college fund.
About Hampshire College
Hampshire College is a highly selective institution with 716 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 Hampshire College education fund.
Current Hampshire College Costs
- In-State Tuition: $56,630 per year
- Out-of-State Tuition: $56,630 per year
- Total Students: 716
- Admission Rate: 70.4%
Use our calculator above to determine your personalized savings plan for Hampshire College.
Smart Savings Strategies for Hampshire College
Given the premium cost tuition costs at Hampshire 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 Hampshire College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Hampshire College fund
4. Investment Growth
With Hampshire College's tuition costs, consider growth-oriented investments for long-term savings
Hampshire College Graduate Outcomes
- Median Earnings (10 years): $46,938
- Loan Repayment Rate: 575.0
- Value Rating: Good
These outcomes show positive return on investment, making your Hampshire College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Hampshire College costs $56,630 per year for in-state students and $56,630 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 Hampshire College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $56,630 annual cost. Starting when your child is born gives you 18 years to save.
Hampshire College has a 70.4% admission rate, making it highly competitive. With 716 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Hampshire College graduates earn a median salary of $46,938 ten years after graduation, with a 575.0 loan repayment rate. This represents positive value given the $56,630 tuition cost.
Use our Hampshire 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 $56,630 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 $244,082 total cost by $201,010. To fully fund college, you'd need to save at least $567 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $244,082 total cost by $136,402. To fully fund college, you'd need to save at least $567 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $244,082 total cost by $28,722. To fully fund college, you'd need to save at least $567 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $244,082 total cost for 4 years at Hampshire College with $186,639 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $244,082 total cost for 4 years at Hampshire College with $832,720 extra for additional expenses.