Hardin-Simmons University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Hardin-Simmons University? Our Hardin-Simmons University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $31,686 for in-state students and $31,686 for out-of-state students, plus a 96.5% admission rate, strategic financial planning is essential for your Hardin-Simmons University college fund.
About Hardin-Simmons University
Hardin-Simmons University is a highly selective institution with 1,275 students. The college maintains high academic standards with average SAT scores of 1079 and ACT scores of 21.0. Understanding these costs upfront allows families to create an effective savings strategy for their Hardin-Simmons University education fund.
Current Hardin-Simmons University Costs
- In-State Tuition: $31,686 per year
- Out-of-State Tuition: $31,686 per year
- Total Students: 1,275
- Admission Rate: 96.5%
Use our calculator above to determine your personalized savings plan for Hardin-Simmons University.
Smart Savings Strategies for Hardin-Simmons University
Given the higher cost tuition costs at Hardin-Simmons 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 Hardin-Simmons University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Hardin-Simmons University fund
4. Investment Growth
With Hardin-Simmons University's tuition costs, consider growth-oriented investments for long-term savings
Hardin-Simmons University Graduate Outcomes
- Median Earnings (10 years): $54,771
- Loan Repayment Rate: 983.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Hardin-Simmons University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Hardin-Simmons University costs $31,686 per year for in-state students and $31,686 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 Hardin-Simmons University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $31,686 annual cost. Starting when your child is born gives you 18 years to save.
Hardin-Simmons University has a 96.5% admission rate, making it highly competitive. With 1,275 total students and average test scores of 1079 SAT and 21.0 ACT, preparation and planning are important.
Hardin-Simmons University graduates earn a median salary of $54,771 ten years after graduation, with a 983.0 loan repayment rate. This represents positive value given the $31,686 tuition cost.
Use our Hardin-Simmons 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 $31,686 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 $136,571 total cost by $93,499. To fully fund college, you'd need to save at least $317 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $136,571 total cost by $28,890. To fully fund college, you'd need to save at least $317 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $136,571 total cost for 4 years at Hardin-Simmons University with $78,790 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $136,571 total cost for 4 years at Hardin-Simmons University with $294,150 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $136,571 total cost for 4 years at Hardin-Simmons University with $940,232 extra for additional expenses.