Hampton University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Hampton University? Our Hampton University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $29,162 for in-state students and $29,162 for out-of-state students, plus a 48.3% admission rate, strategic financial planning is essential for your Hampton University college fund.
About Hampton University
Hampton University is a highly selective institution with 3,254 students. The college maintains high academic standards with average SAT scores of 1041 and ACT scores of 18.0. Understanding these costs upfront allows families to create an effective savings strategy for their Hampton University education fund.
Current Hampton University Costs
- In-State Tuition: $29,162 per year
- Out-of-State Tuition: $29,162 per year
- Total Students: 3,254
- Admission Rate: 48.3%
Use our calculator above to determine your personalized savings plan for Hampton University.
Smart Savings Strategies for Hampton University
Given the higher cost tuition costs at Hampton 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 Hampton University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Hampton University fund
4. Investment Growth
With Hampton University's tuition costs, consider growth-oriented investments for long-term savings
Hampton University Graduate Outcomes
- Median Earnings (10 years): $59,159
- Loan Repayment Rate: 2044.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Hampton University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Hampton University costs $29,162 per year for in-state students and $29,162 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 Hampton University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $29,162 annual cost. Starting when your child is born gives you 18 years to save.
Hampton University has a 48.3% admission rate, making it highly competitive. With 3,254 total students and average test scores of 1041 SAT and 18.0 ACT, preparation and planning are important.
Hampton University graduates earn a median salary of $59,159 ten years after graduation, with a 2044.0 loan repayment rate. This represents positive value given the $29,162 tuition cost.
Use our Hampton 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 $29,162 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 $125,692 total cost by $82,620. To fully fund college, you'd need to save at least $292 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $125,692 total cost by $18,012. To fully fund college, you'd need to save at least $292 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $125,692 total cost for 4 years at Hampton University with $89,669 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $125,692 total cost for 4 years at Hampton University with $305,029 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $125,692 total cost for 4 years at Hampton University with $951,111 extra for additional expenses.