Ivy Tech Community College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Ivy Tech Community College? Our Ivy Tech Community College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $4,912 for in-state students and $9,465 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Ivy Tech Community College college fund.
About Ivy Tech Community College
Ivy Tech Community College is a selective institution with 54,926 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 Ivy Tech Community College education fund.
Current Ivy Tech Community College Costs
- In-State Tuition: $4,912 per year
- Out-of-State Tuition: $9,465 per year
- Total Students: 54,926
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Ivy Tech Community College.
Smart Savings Strategies for Ivy Tech Community College
Given the affordable tuition costs at Ivy Tech Community 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 Ivy Tech Community College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Ivy Tech Community College fund
4. Investment Growth
With Ivy Tech Community College's tuition costs, consider growth-oriented investments for long-term savings
Ivy Tech Community College Graduate Outcomes
- Median Earnings (10 years): $37,186
- Loan Repayment Rate: 50275.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Ivy Tech Community College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Ivy Tech Community College costs $4,912 per year for in-state students and $9,465 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 Ivy Tech Community College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $4,912 annual cost. Starting when your child is born gives you 18 years to save.
Ivy Tech Community College has a N/A admission rate, making it selective. With 54,926 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Ivy Tech Community College graduates earn a median salary of $37,186 ten years after graduation, with a 50275.0 loan repayment rate. This represents concerning value given the $4,912 tuition cost.
Use our Ivy Tech Community 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 $4,912 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $21,171 total cost for 4 years at Ivy Tech Community College with $21,901 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $21,171 total cost for 4 years at Ivy Tech Community College with $86,509 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $21,171 total cost for 4 years at Ivy Tech Community College with $194,189 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $21,171 total cost for 4 years at Ivy Tech Community College with $409,550 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $21,171 total cost for 4 years at Ivy Tech Community College with $1,055,631 extra for additional expenses.