Maine College of Health Professions Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Maine College of Health Professions? Our Maine College of Health Professions savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $17,827 for in-state students and $17,827 for out-of-state students, plus a 33.3% admission rate, strategic financial planning is essential for your Maine College of Health Professions college fund.
About Maine College of Health Professions
Maine College of Health Professions is a highly selective institution with 228 students. The college maintains high academic standards with average SAT scores of 910 and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Maine College of Health Professions education fund.
Current Maine College of Health Professions Costs
- In-State Tuition: $17,827 per year
- Out-of-State Tuition: $17,827 per year
- Total Students: 228
- Admission Rate: 33.3%
Use our calculator above to determine your personalized savings plan for Maine College of Health Professions.
Smart Savings Strategies for Maine College of Health Professions
Given the moderate cost tuition costs at Maine College of Health Professions, 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 Maine College of Health Professions planning
3. Automatic Savings
Set up monthly transfers to consistently build your Maine College of Health Professions fund
4. Investment Growth
With Maine College of Health Professions's tuition costs, consider growth-oriented investments for long-term savings
Maine College of Health Professions Graduate Outcomes
- Median Earnings (10 years): $79,840
- Loan Repayment Rate: 165.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Maine College of Health Professions savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Maine College of Health Professions costs $17,827 per year for in-state students and $17,827 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 Maine College of Health Professions is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $17,827 annual cost. Starting when your child is born gives you 18 years to save.
Maine College of Health Professions has a 33.3% admission rate, making it highly competitive. With 228 total students and average test scores of 910 SAT and N/A ACT, preparation and planning are important.
Maine College of Health Professions graduates earn a median salary of $79,840 ten years after graduation, with a 165.0 loan repayment rate. This represents positive value given the $17,827 tuition cost.
Use our Maine College of Health Professions 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 $17,827 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 $76,837 total cost by $33,764. To fully fund college, you'd need to save at least $178 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $76,837 total cost for 4 years at Maine College of Health Professions with $30,844 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $76,837 total cost for 4 years at Maine College of Health Professions with $138,524 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $76,837 total cost for 4 years at Maine College of Health Professions with $353,884 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $76,837 total cost for 4 years at Maine College of Health Professions with $999,966 extra for additional expenses.