Louisiana Tech 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 Louisiana Tech University? Our Louisiana Tech University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $10,125 for in-state students and $16,866 for out-of-state students, plus a 72.6% admission rate, strategic financial planning is essential for your Louisiana Tech University college fund.
About Louisiana Tech University
Louisiana Tech University is a highly selective institution with 7,819 students. The college maintains high academic standards with average SAT scores of 1167 and ACT scores of 24.0. Understanding these costs upfront allows families to create an effective savings strategy for their Louisiana Tech University education fund.
Current Louisiana Tech University Costs
- In-State Tuition: $10,125 per year
- Out-of-State Tuition: $16,866 per year
- Total Students: 7,819
- Admission Rate: 72.6%
Use our calculator above to determine your personalized savings plan for Louisiana Tech University.
Smart Savings Strategies for Louisiana Tech University
Given the affordable tuition costs at Louisiana Tech 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 Louisiana Tech University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Louisiana Tech University fund
4. Investment Growth
With Louisiana Tech University's tuition costs, consider growth-oriented investments for long-term savings
Louisiana Tech University Graduate Outcomes
- Median Earnings (10 years): $52,279
- Loan Repayment Rate: 1950.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Louisiana Tech University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Louisiana Tech University costs $10,125 per year for in-state students and $16,866 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 Louisiana Tech University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $10,125 annual cost. Starting when your child is born gives you 18 years to save.
Louisiana Tech University has a 72.6% admission rate, making it highly competitive. With 7,819 total students and average test scores of 1167 SAT and 24.0 ACT, preparation and planning are important.
Louisiana Tech University graduates earn a median salary of $52,279 ten years after graduation, with a 1950.0 loan repayment rate. This represents positive value given the $10,125 tuition cost.
Use our Louisiana Tech 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 $10,125 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 $43,640 total cost by $568. To fully fund college, you'd need to save at least $101 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $43,640 total cost for 4 years at Louisiana Tech University with $64,040 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $43,640 total cost for 4 years at Louisiana Tech University with $171,720 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $43,640 total cost for 4 years at Louisiana Tech University with $387,081 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $43,640 total cost for 4 years at Louisiana Tech University with $1,033,163 extra for additional expenses.