Iona University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Iona University? Our Iona University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $45,880 for in-state students and $45,880 for out-of-state students, plus a 91.1% admission rate, strategic financial planning is essential for your Iona University college fund.
About Iona University
Iona University is a highly selective institution with 2,731 students. The college maintains high academic standards with average SAT scores of 1160 and ACT scores of 24.0. Understanding these costs upfront allows families to create an effective savings strategy for their Iona University education fund.
Current Iona University Costs
- In-State Tuition: $45,880 per year
- Out-of-State Tuition: $45,880 per year
- Total Students: 2,731
- Admission Rate: 91.1%
Use our calculator above to determine your personalized savings plan for Iona University.
Smart Savings Strategies for Iona University
Given the premium cost tuition costs at Iona 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 Iona University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Iona University fund
4. Investment Growth
With Iona University's tuition costs, consider growth-oriented investments for long-term savings
Iona University Graduate Outcomes
- Median Earnings (10 years): $73,595
- Loan Repayment Rate: 1432.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Iona University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Iona University costs $45,880 per year for in-state students and $45,880 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 Iona University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $45,880 annual cost. Starting when your child is born gives you 18 years to save.
Iona University has a 91.1% admission rate, making it highly competitive. With 2,731 total students and average test scores of 1160 SAT and 24.0 ACT, preparation and planning are important.
Iona University graduates earn a median salary of $73,595 ten years after graduation, with a 1432.0 loan repayment rate. This represents positive value given the $45,880 tuition cost.
Use our Iona 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 $45,880 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 $197,749 total cost by $154,676. To fully fund college, you'd need to save at least $459 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $197,749 total cost by $90,068. To fully fund college, you'd need to save at least $459 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $197,749 total cost for 4 years at Iona University with $17,612 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $197,749 total cost for 4 years at Iona University with $232,972 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $197,749 total cost for 4 years at Iona University with $879,054 extra for additional expenses.