Lamar State College-Port Arthur Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Lamar State College-Port Arthur? Our Lamar State College-Port Arthur savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $1,770 for in-state students and $8,070 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Lamar State College-Port Arthur college fund.
About Lamar State College-Port Arthur
Lamar State College-Port Arthur is a selective institution with 1,455 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 Lamar State College-Port Arthur education fund.
Current Lamar State College-Port Arthur Costs
- In-State Tuition: $1,770 per year
- Out-of-State Tuition: $8,070 per year
- Total Students: 1,455
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Lamar State College-Port Arthur.
Smart Savings Strategies for Lamar State College-Port Arthur
Given the affordable tuition costs at Lamar State College-Port Arthur, 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 Lamar State College-Port Arthur planning
3. Automatic Savings
Set up monthly transfers to consistently build your Lamar State College-Port Arthur fund
4. Investment Growth
With Lamar State College-Port Arthur's tuition costs, consider growth-oriented investments for long-term savings
Lamar State College-Port Arthur Graduate Outcomes
- Median Earnings (10 years): $37,120
- Loan Repayment Rate: 591.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Lamar State College-Port Arthur savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Lamar State College-Port Arthur costs $1,770 per year for in-state students and $8,070 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 Lamar State College-Port Arthur is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $1,770 annual cost. Starting when your child is born gives you 18 years to save.
Lamar State College-Port Arthur has a N/A admission rate, making it selective. With 1,455 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Lamar State College-Port Arthur graduates earn a median salary of $37,120 ten years after graduation, with a 591.0 loan repayment rate. This represents concerning value given the $1,770 tuition cost.
Use our Lamar State College-Port Arthur 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 $1,770 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $7,629 total cost for 4 years at Lamar State College-Port Arthur with $35,443 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $7,629 total cost for 4 years at Lamar State College-Port Arthur with $100,051 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $7,629 total cost for 4 years at Lamar State College-Port Arthur with $207,732 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $7,629 total cost for 4 years at Lamar State College-Port Arthur with $423,092 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $7,629 total cost for 4 years at Lamar State College-Port Arthur with $1,069,174 extra for additional expenses.