Johnson C Smith 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 Johnson C Smith University? Our Johnson C Smith University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $20,480 for in-state students and $20,480 for out-of-state students, plus a 42.9% admission rate, strategic financial planning is essential for your Johnson C Smith University college fund.
About Johnson C Smith University
Johnson C Smith University is a highly selective institution with 1,047 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 Johnson C Smith University education fund.
Current Johnson C Smith University Costs
- In-State Tuition: $20,480 per year
- Out-of-State Tuition: $20,480 per year
- Total Students: 1,047
- Admission Rate: 42.9%
Use our calculator above to determine your personalized savings plan for Johnson C Smith University.
Smart Savings Strategies for Johnson C Smith University
Given the moderate cost tuition costs at Johnson C Smith 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 Johnson C Smith University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Johnson C Smith University fund
4. Investment Growth
With Johnson C Smith University's tuition costs, consider growth-oriented investments for long-term savings
Johnson C Smith University Graduate Outcomes
- Median Earnings (10 years): $42,680
- Loan Repayment Rate: 1167.0
- Value Rating: Good
These outcomes show positive return on investment, making your Johnson C Smith University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Johnson C Smith University costs $20,480 per year for in-state students and $20,480 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 Johnson C Smith University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $20,480 annual cost. Starting when your child is born gives you 18 years to save.
Johnson C Smith University has a 42.9% admission rate, making it highly competitive. With 1,047 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Johnson C Smith University graduates earn a median salary of $42,680 ten years after graduation, with a 1167.0 loan repayment rate. This represents positive value given the $20,480 tuition cost.
Use our Johnson C Smith 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 $20,480 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 $88,271 total cost by $45,199. To fully fund college, you'd need to save at least $205 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $88,271 total cost for 4 years at Johnson C Smith University with $19,409 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $88,271 total cost for 4 years at Johnson C Smith University with $127,089 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $88,271 total cost for 4 years at Johnson C Smith University with $342,450 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $88,271 total cost for 4 years at Johnson C Smith University with $988,531 extra for additional expenses.