Kentucky State University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Kentucky State University? Our Kentucky State University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $9,214 for in-state students and $13,260 for out-of-state students, plus a 92.6% admission rate, strategic financial planning is essential for your Kentucky State University college fund.
About Kentucky State University
Kentucky State University is a highly selective institution with 1,317 students. The college maintains high academic standards with average SAT scores of 915 and ACT scores of 17.0. Understanding these costs upfront allows families to create an effective savings strategy for their Kentucky State University education fund.
Current Kentucky State University Costs
- In-State Tuition: $9,214 per year
- Out-of-State Tuition: $13,260 per year
- Total Students: 1,317
- Admission Rate: 92.6%
Use our calculator above to determine your personalized savings plan for Kentucky State University.
Smart Savings Strategies for Kentucky State University
Given the affordable tuition costs at Kentucky State 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 Kentucky State University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Kentucky State University fund
4. Investment Growth
With Kentucky State University's tuition costs, consider growth-oriented investments for long-term savings
Kentucky State University Graduate Outcomes
- Median Earnings (10 years): $36,382
- Loan Repayment Rate: 1730.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Kentucky State University savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Kentucky State University costs $9,214 per year for in-state students and $13,260 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 Kentucky State University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $9,214 annual cost. Starting when your child is born gives you 18 years to save.
Kentucky State University has a 92.6% admission rate, making it highly competitive. With 1,317 total students and average test scores of 915 SAT and 17.0 ACT, preparation and planning are important.
Kentucky State University graduates earn a median salary of $36,382 ten years after graduation, with a 1730.0 loan repayment rate. This represents concerning value given the $9,214 tuition cost.
Use our Kentucky State 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 $9,214 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $39,713 total cost for 4 years at Kentucky State University with $3,359 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $39,713 total cost for 4 years at Kentucky State University with $67,967 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $39,713 total cost for 4 years at Kentucky State University with $175,647 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $39,713 total cost for 4 years at Kentucky State University with $391,008 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $39,713 total cost for 4 years at Kentucky State University with $1,037,089 extra for additional expenses.