Kentucky Wesleyan College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Kentucky Wesleyan College? Our Kentucky Wesleyan College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $33,393 for in-state students and $33,393 for out-of-state students, plus a 67.0% admission rate, strategic financial planning is essential for your Kentucky Wesleyan College college fund.
About Kentucky Wesleyan College
Kentucky Wesleyan College is a highly selective institution with 794 students. The college maintains high academic standards with average SAT scores of 940 and ACT scores of 18.0. Understanding these costs upfront allows families to create an effective savings strategy for their Kentucky Wesleyan College education fund.
Current Kentucky Wesleyan College Costs
- In-State Tuition: $33,393 per year
- Out-of-State Tuition: $33,393 per year
- Total Students: 794
- Admission Rate: 67.0%
Use our calculator above to determine your personalized savings plan for Kentucky Wesleyan College.
Smart Savings Strategies for Kentucky Wesleyan College
Given the higher cost tuition costs at Kentucky Wesleyan 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 Kentucky Wesleyan College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Kentucky Wesleyan College fund
4. Investment Growth
With Kentucky Wesleyan College's tuition costs, consider growth-oriented investments for long-term savings
Kentucky Wesleyan College Graduate Outcomes
- Median Earnings (10 years): $46,747
- Loan Repayment Rate: 508.0
- Value Rating: Good
These outcomes show positive return on investment, making your Kentucky Wesleyan College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Kentucky Wesleyan College costs $33,393 per year for in-state students and $33,393 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 Wesleyan College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $33,393 annual cost. Starting when your child is born gives you 18 years to save.
Kentucky Wesleyan College has a 67.0% admission rate, making it highly competitive. With 794 total students and average test scores of 940 SAT and 18.0 ACT, preparation and planning are important.
Kentucky Wesleyan College graduates earn a median salary of $46,747 ten years after graduation, with a 508.0 loan repayment rate. This represents positive value given the $33,393 tuition cost.
Use our Kentucky Wesleyan 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 $33,393 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 $143,928 total cost by $100,856. To fully fund college, you'd need to save at least $334 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $143,928 total cost by $36,248. To fully fund college, you'd need to save at least $334 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $143,928 total cost for 4 years at Kentucky Wesleyan College with $71,433 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $143,928 total cost for 4 years at Kentucky Wesleyan College with $286,793 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $143,928 total cost for 4 years at Kentucky Wesleyan College with $932,875 extra for additional expenses.