Lyon College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Lyon College? Our Lyon College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $31,000 for in-state students and $31,000 for out-of-state students, plus a 65.5% admission rate, strategic financial planning is essential for your Lyon College college fund.
About Lyon College
Lyon College is a highly selective institution with 563 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 Lyon College education fund.
Current Lyon College Costs
- In-State Tuition: $31,000 per year
- Out-of-State Tuition: $31,000 per year
- Total Students: 563
- Admission Rate: 65.5%
Use our calculator above to determine your personalized savings plan for Lyon College.
Smart Savings Strategies for Lyon College
Given the higher cost tuition costs at Lyon 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 Lyon College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Lyon College fund
4. Investment Growth
With Lyon College's tuition costs, consider growth-oriented investments for long-term savings
Lyon College Graduate Outcomes
- Median Earnings (10 years): $44,232
- Loan Repayment Rate: 261.0
- Value Rating: Good
These outcomes show positive return on investment, making your Lyon College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Lyon College costs $31,000 per year for in-state students and $31,000 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 Lyon College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $31,000 annual cost. Starting when your child is born gives you 18 years to save.
Lyon College has a 65.5% admission rate, making it highly competitive. With 563 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Lyon College graduates earn a median salary of $44,232 ten years after graduation, with a 261.0 loan repayment rate. This represents positive value given the $31,000 tuition cost.
Use our Lyon 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 $31,000 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 $133,614 total cost by $90,542. To fully fund college, you'd need to save at least $310 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $133,614 total cost by $25,934. To fully fund college, you'd need to save at least $310 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $133,614 total cost for 4 years at Lyon College with $81,747 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $133,614 total cost for 4 years at Lyon College with $297,107 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $133,614 total cost for 4 years at Lyon College with $943,189 extra for additional expenses.