Midlands Technical College 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 Midlands Technical College? Our Midlands Technical College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $4,788 for in-state students and $13,812 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Midlands Technical College college fund.
About Midlands Technical College
Midlands Technical College is a selective institution with 7,731 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 Midlands Technical College education fund.
Current Midlands Technical College Costs
- In-State Tuition: $4,788 per year
- Out-of-State Tuition: $13,812 per year
- Total Students: 7,731
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Midlands Technical College.
Smart Savings Strategies for Midlands Technical College
Given the affordable tuition costs at Midlands Technical 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 Midlands Technical College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Midlands Technical College fund
4. Investment Growth
With Midlands Technical College's tuition costs, consider growth-oriented investments for long-term savings
Midlands Technical College Graduate Outcomes
- Median Earnings (10 years): $38,701
- Loan Repayment Rate: 7053.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Midlands Technical College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Midlands Technical College costs $4,788 per year for in-state students and $13,812 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 Midlands Technical College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $4,788 annual cost. Starting when your child is born gives you 18 years to save.
Midlands Technical College has a N/A admission rate, making it selective. With 7,731 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Midlands Technical College graduates earn a median salary of $38,701 ten years after graduation, with a 7053.0 loan repayment rate. This represents concerning value given the $4,788 tuition cost.
Use our Midlands Technical 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 $4,788 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $20,637 total cost for 4 years at Midlands Technical College with $22,435 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $20,637 total cost for 4 years at Midlands Technical College with $87,043 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $20,637 total cost for 4 years at Midlands Technical College with $194,724 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $20,637 total cost for 4 years at Midlands Technical College with $410,084 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $20,637 total cost for 4 years at Midlands Technical College with $1,056,166 extra for additional expenses.