Johns Hopkins University Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Johns Hopkins University? Our Johns Hopkins University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $63,340 for in-state students and $63,340 for out-of-state students, plus a 7.6% admission rate, strategic financial planning is essential for your Johns Hopkins University college fund.
About Johns Hopkins University
Johns Hopkins University is a highly selective institution with 5,617 students. The college maintains high academic standards with average SAT scores of 1555 and ACT scores of 34.5. Understanding these costs upfront allows families to create an effective savings strategy for their Johns Hopkins University education fund.
Current Johns Hopkins University Costs
- In-State Tuition: $63,340 per year
- Out-of-State Tuition: $63,340 per year
- Total Students: 5,617
- Admission Rate: 7.6%
Use our calculator above to determine your personalized savings plan for Johns Hopkins University.
Smart Savings Strategies for Johns Hopkins University
Given the premium cost tuition costs at Johns Hopkins 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 Johns Hopkins University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Johns Hopkins University fund
4. Investment Growth
With Johns Hopkins University's tuition costs, consider growth-oriented investments for long-term savings
Johns Hopkins University Graduate Outcomes
- Median Earnings (10 years): $87,555
- Loan Repayment Rate: 1784.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Johns Hopkins University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Johns Hopkins University costs $63,340 per year for in-state students and $63,340 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 Johns Hopkins University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $63,340 annual cost. Starting when your child is born gives you 18 years to save.
Johns Hopkins University has a 7.6% admission rate, making it highly competitive. With 5,617 total students and average test scores of 1555 SAT and 34.5 ACT, preparation and planning are important.
Johns Hopkins University graduates earn a median salary of $87,555 ten years after graduation, with a 1784.0 loan repayment rate. This represents positive value given the $63,340 tuition cost.
Use our Johns Hopkins 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 $63,340 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 $273,003 total cost by $229,931. To fully fund college, you'd need to save at least $634 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $273,003 total cost by $165,323. To fully fund college, you'd need to save at least $634 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $273,003 total cost by $57,643. To fully fund college, you'd need to save at least $634 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $273,003 total cost for 4 years at Johns Hopkins University with $157,718 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $273,003 total cost for 4 years at Johns Hopkins University with $803,799 extra for additional expenses.