Jones Technical Institute Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Jones Technical Institute? Our Jones Technical Institute savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $15,978 for in-state students and $15,978 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Jones Technical Institute college fund.
About Jones Technical Institute
Jones Technical Institute is a selective institution with 522 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 Jones Technical Institute education fund.
Current Jones Technical Institute Costs
- In-State Tuition: $15,978 per year
- Out-of-State Tuition: $15,978 per year
- Total Students: 522
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Jones Technical Institute.
Smart Savings Strategies for Jones Technical Institute
Given the moderate cost tuition costs at Jones Technical Institute, 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 Jones Technical Institute planning
3. Automatic Savings
Set up monthly transfers to consistently build your Jones Technical Institute fund
4. Investment Growth
With Jones Technical Institute's tuition costs, consider growth-oriented investments for long-term savings
Jones Technical Institute Graduate Outcomes
- Median Earnings (10 years): $24,576
- Loan Repayment Rate: 351.0
- Value Rating: Concerning
These outcomes show concerning return on investment, making your Jones Technical Institute savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Jones Technical Institute costs $15,978 per year for in-state students and $15,978 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 Jones Technical Institute is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $15,978 annual cost. Starting when your child is born gives you 18 years to save.
Jones Technical Institute has a N/A admission rate, making it selective. With 522 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Jones Technical Institute graduates earn a median salary of $24,576 ten years after graduation, with a 351.0 loan repayment rate. This represents concerning value given the $15,978 tuition cost.
Use our Jones Technical Institute 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 $15,978 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 $68,867 total cost by $25,795. To fully fund college, you'd need to save at least $160 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $68,867 total cost for 4 years at Jones Technical Institute with $38,813 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $68,867 total cost for 4 years at Jones Technical Institute with $146,493 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $68,867 total cost for 4 years at Jones Technical Institute with $361,854 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $68,867 total cost for 4 years at Jones Technical Institute with $1,007,935 extra for additional expenses.