Lackawanna College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Lackawanna College? Our Lackawanna College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $17,950 for in-state students and $17,950 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Lackawanna College college fund.
About Lackawanna College
Lackawanna College is a selective institution with 1,837 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 Lackawanna College education fund.
Current Lackawanna College Costs
- In-State Tuition: $17,950 per year
- Out-of-State Tuition: $17,950 per year
- Total Students: 1,837
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Lackawanna College.
Smart Savings Strategies for Lackawanna College
Given the moderate cost tuition costs at Lackawanna 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 Lackawanna College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Lackawanna College fund
4. Investment Growth
With Lackawanna College's tuition costs, consider growth-oriented investments for long-term savings
Lackawanna College Graduate Outcomes
- Median Earnings (10 years): $41,000
- Loan Repayment Rate: 1721.0
- Value Rating: Good
These outcomes show positive return on investment, making your Lackawanna College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Lackawanna College costs $17,950 per year for in-state students and $17,950 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 Lackawanna College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $17,950 annual cost. Starting when your child is born gives you 18 years to save.
Lackawanna College has a N/A admission rate, making it selective. With 1,837 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Lackawanna College graduates earn a median salary of $41,000 ten years after graduation, with a 1721.0 loan repayment rate. This represents positive value given the $17,950 tuition cost.
Use our Lackawanna 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 $17,950 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 $77,367 total cost by $34,295. To fully fund college, you'd need to save at least $180 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $77,367 total cost for 4 years at Lackawanna College with $30,314 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $77,367 total cost for 4 years at Lackawanna College with $137,994 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $77,367 total cost for 4 years at Lackawanna College with $353,354 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $77,367 total cost for 4 years at Lackawanna College with $999,436 extra for additional expenses.