Mercy College of Health Sciences 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 Mercy College of Health Sciences? Our Mercy College of Health Sciences savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $17,328 for in-state students and $17,328 for out-of-state students, plus a 98.8% admission rate, strategic financial planning is essential for your Mercy College of Health Sciences college fund.
About Mercy College of Health Sciences
Mercy College of Health Sciences is a highly selective institution with 905 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 Mercy College of Health Sciences education fund.
Current Mercy College of Health Sciences Costs
- In-State Tuition: $17,328 per year
- Out-of-State Tuition: $17,328 per year
- Total Students: 905
- Admission Rate: 98.8%
Use our calculator above to determine your personalized savings plan for Mercy College of Health Sciences.
Smart Savings Strategies for Mercy College of Health Sciences
Given the moderate cost tuition costs at Mercy College of Health Sciences, 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 Mercy College of Health Sciences planning
3. Automatic Savings
Set up monthly transfers to consistently build your Mercy College of Health Sciences fund
4. Investment Growth
With Mercy College of Health Sciences's tuition costs, consider growth-oriented investments for long-term savings
Mercy College of Health Sciences Graduate Outcomes
- Median Earnings (10 years): $62,234
- Loan Repayment Rate: 707.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Mercy College of Health Sciences savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Mercy College of Health Sciences costs $17,328 per year for in-state students and $17,328 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 Mercy College of Health Sciences is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $17,328 annual cost. Starting when your child is born gives you 18 years to save.
Mercy College of Health Sciences has a 98.8% admission rate, making it highly competitive. With 905 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Mercy College of Health Sciences graduates earn a median salary of $62,234 ten years after graduation, with a 707.0 loan repayment rate. This represents positive value given the $17,328 tuition cost.
Use our Mercy College of Health Sciences 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 $17,328 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 $74,686 total cost by $31,614. To fully fund college, you'd need to save at least $173 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $74,686 total cost for 4 years at Mercy College of Health Sciences with $32,994 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $74,686 total cost for 4 years at Mercy College of Health Sciences with $140,675 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $74,686 total cost for 4 years at Mercy College of Health Sciences with $356,035 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $74,686 total cost for 4 years at Mercy College of Health Sciences with $1,002,117 extra for additional expenses.