Hiram College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Hiram College? Our Hiram College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $26,265 for in-state students and $26,265 for out-of-state students, plus a 93.4% admission rate, strategic financial planning is essential for your Hiram College college fund.
About Hiram College
Hiram College is a highly selective institution with 731 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 Hiram College education fund.
Current Hiram College Costs
- In-State Tuition: $26,265 per year
- Out-of-State Tuition: $26,265 per year
- Total Students: 731
- Admission Rate: 93.4%
Use our calculator above to determine your personalized savings plan for Hiram College.
Smart Savings Strategies for Hiram College
Given the higher cost tuition costs at Hiram 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 Hiram College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Hiram College fund
4. Investment Growth
With Hiram College's tuition costs, consider growth-oriented investments for long-term savings
Hiram College Graduate Outcomes
- Median Earnings (10 years): $54,311
- Loan Repayment Rate: 713.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Hiram College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Hiram College costs $26,265 per year for in-state students and $26,265 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 Hiram College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $26,265 annual cost. Starting when your child is born gives you 18 years to save.
Hiram College has a 93.4% admission rate, making it highly competitive. With 731 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Hiram College graduates earn a median salary of $54,311 ten years after graduation, with a 713.0 loan repayment rate. This represents positive value given the $26,265 tuition cost.
Use our Hiram 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 $26,265 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 $113,205 total cost by $70,133. To fully fund college, you'd need to save at least $263 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $113,205 total cost by $5,525. To fully fund college, you'd need to save at least $263 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $113,205 total cost for 4 years at Hiram College with $102,155 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $113,205 total cost for 4 years at Hiram College with $317,516 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $113,205 total cost for 4 years at Hiram College with $963,597 extra for additional expenses.