Midway University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Midway University? Our Midway University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $26,080 for in-state students and $26,080 for out-of-state students, plus a 95.2% admission rate, strategic financial planning is essential for your Midway University college fund.
About Midway University
Midway University is a highly selective institution with 1,250 students. The college maintains high academic standards with average SAT scores of 1075 and ACT scores of 22.5. Understanding these costs upfront allows families to create an effective savings strategy for their Midway University education fund.
Current Midway University Costs
- In-State Tuition: $26,080 per year
- Out-of-State Tuition: $26,080 per year
- Total Students: 1,250
- Admission Rate: 95.2%
Use our calculator above to determine your personalized savings plan for Midway University.
Smart Savings Strategies for Midway University
Given the higher cost tuition costs at Midway University, 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 Midway University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Midway University fund
4. Investment Growth
With Midway University's tuition costs, consider growth-oriented investments for long-term savings
Midway University Graduate Outcomes
- Median Earnings (10 years): $44,246
- Loan Repayment Rate: 1254.0
- Value Rating: Good
These outcomes show positive return on investment, making your Midway University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Midway University costs $26,080 per year for in-state students and $26,080 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 Midway University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $26,080 annual cost. Starting when your child is born gives you 18 years to save.
Midway University has a 95.2% admission rate, making it highly competitive. With 1,250 total students and average test scores of 1075 SAT and 22.5 ACT, preparation and planning are important.
Midway University graduates earn a median salary of $44,246 ten years after graduation, with a 1254.0 loan repayment rate. This represents positive value given the $26,080 tuition cost.
Use our Midway University 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 $26,080 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 $112,408 total cost by $69,336. To fully fund college, you'd need to save at least $261 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $112,408 total cost by $4,728. To fully fund college, you'd need to save at least $261 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $112,408 total cost for 4 years at Midway University with $102,952 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $112,408 total cost for 4 years at Midway University with $318,313 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $112,408 total cost for 4 years at Midway University with $964,395 extra for additional expenses.