Loyola University New Orleans Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Loyola University New Orleans? Our Loyola University New Orleans savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $47,240 for in-state students and $47,240 for out-of-state students, plus a 87.7% admission rate, strategic financial planning is essential for your Loyola University New Orleans college fund.
About Loyola University New Orleans
Loyola University New Orleans is a highly selective institution with 2,999 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 Loyola University New Orleans education fund.
Current Loyola University New Orleans Costs
- In-State Tuition: $47,240 per year
- Out-of-State Tuition: $47,240 per year
- Total Students: 2,999
- Admission Rate: 87.7%
Use our calculator above to determine your personalized savings plan for Loyola University New Orleans.
Smart Savings Strategies for Loyola University New Orleans
Given the premium cost tuition costs at Loyola University New Orleans, 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 Loyola University New Orleans planning
3. Automatic Savings
Set up monthly transfers to consistently build your Loyola University New Orleans fund
4. Investment Growth
With Loyola University New Orleans's tuition costs, consider growth-oriented investments for long-term savings
Loyola University New Orleans Graduate Outcomes
- Median Earnings (10 years): $52,927
- Loan Repayment Rate: 1199.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Loyola University New Orleans savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Loyola University New Orleans costs $47,240 per year for in-state students and $47,240 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 Loyola University New Orleans is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $47,240 annual cost. Starting when your child is born gives you 18 years to save.
Loyola University New Orleans has a 87.7% admission rate, making it highly competitive. With 2,999 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Loyola University New Orleans graduates earn a median salary of $52,927 ten years after graduation, with a 1199.0 loan repayment rate. This represents positive value given the $47,240 tuition cost.
Use our Loyola University New Orleans 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 $47,240 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 $203,610 total cost by $160,538. To fully fund college, you'd need to save at least $473 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $203,610 total cost by $95,930. To fully fund college, you'd need to save at least $473 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $203,610 total cost for 4 years at Loyola University New Orleans with $11,750 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $203,610 total cost for 4 years at Loyola University New Orleans with $227,111 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $203,610 total cost for 4 years at Loyola University New Orleans with $873,192 extra for additional expenses.