Lehigh University Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Lehigh University? Our Lehigh University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $62,180 for in-state students and $62,180 for out-of-state students, plus a 29.3% admission rate, strategic financial planning is essential for your Lehigh University college fund.
About Lehigh University
Lehigh University is a highly selective institution with 5,803 students. The college maintains high academic standards with average SAT scores of 1420 and ACT scores of 32.0. Understanding these costs upfront allows families to create an effective savings strategy for their Lehigh University education fund.
Current Lehigh University Costs
- In-State Tuition: $62,180 per year
- Out-of-State Tuition: $62,180 per year
- Total Students: 5,803
- Admission Rate: 29.3%
Use our calculator above to determine your personalized savings plan for Lehigh University.
Smart Savings Strategies for Lehigh University
Given the premium cost tuition costs at Lehigh 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 Lehigh University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Lehigh University fund
4. Investment Growth
With Lehigh University's tuition costs, consider growth-oriented investments for long-term savings
Lehigh University Graduate Outcomes
- Median Earnings (10 years): $105,584
- Loan Repayment Rate: 1265.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Lehigh University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Lehigh University costs $62,180 per year for in-state students and $62,180 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 Lehigh University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $62,180 annual cost. Starting when your child is born gives you 18 years to save.
Lehigh University has a 29.3% admission rate, making it highly competitive. With 5,803 total students and average test scores of 1420 SAT and 32.0 ACT, preparation and planning are important.
Lehigh University graduates earn a median salary of $105,584 ten years after graduation, with a 1265.0 loan repayment rate. This represents positive value given the $62,180 tuition cost.
Use our Lehigh 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 $62,180 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 $268,004 total cost by $224,931. To fully fund college, you'd need to save at least $622 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $268,004 total cost by $160,323. To fully fund college, you'd need to save at least $622 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $268,004 total cost by $52,643. To fully fund college, you'd need to save at least $622 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $268,004 total cost for 4 years at Lehigh University with $162,717 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $268,004 total cost for 4 years at Lehigh University with $808,799 extra for additional expenses.