Kenyon College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Kenyon College? Our Kenyon College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $69,330 for in-state students and $69,330 for out-of-state students, plus a 30.7% admission rate, strategic financial planning is essential for your Kenyon College college fund.
About Kenyon College
Kenyon College is a highly selective institution with 1,753 students. The college maintains high academic standards with average SAT scores of 1430 and ACT scores of 32.5. Understanding these costs upfront allows families to create an effective savings strategy for their Kenyon College education fund.
Current Kenyon College Costs
- In-State Tuition: $69,330 per year
- Out-of-State Tuition: $69,330 per year
- Total Students: 1,753
- Admission Rate: 30.7%
Use our calculator above to determine your personalized savings plan for Kenyon College.
Smart Savings Strategies for Kenyon College
Given the premium cost tuition costs at Kenyon 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 Kenyon College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Kenyon College fund
4. Investment Growth
With Kenyon College's tuition costs, consider growth-oriented investments for long-term savings
Kenyon College Graduate Outcomes
- Median Earnings (10 years): $71,830
- Loan Repayment Rate: 311.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Kenyon College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Kenyon College costs $69,330 per year for in-state students and $69,330 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 Kenyon College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $69,330 annual cost. Starting when your child is born gives you 18 years to save.
Kenyon College has a 30.7% admission rate, making it highly competitive. With 1,753 total students and average test scores of 1430 SAT and 32.5 ACT, preparation and planning are important.
Kenyon College graduates earn a median salary of $71,830 ten years after graduation, with a 311.0 loan repayment rate. This represents positive value given the $69,330 tuition cost.
Use our Kenyon 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 $69,330 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 $298,821 total cost by $255,749. To fully fund college, you'd need to save at least $694 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $298,821 total cost by $191,141. To fully fund college, you'd need to save at least $694 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $298,821 total cost by $83,460. To fully fund college, you'd need to save at least $694 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $298,821 total cost for 4 years at Kenyon College with $131,900 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $298,821 total cost for 4 years at Kenyon College with $777,982 extra for additional expenses.