Missouri State University-Springfield Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Missouri State University-Springfield? Our Missouri State University-Springfield savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $9,024 for in-state students and $17,928 for out-of-state students, plus a 91.1% admission rate, strategic financial planning is essential for your Missouri State University-Springfield college fund.
About Missouri State University-Springfield
Missouri State University-Springfield is a highly selective institution with 13,407 students. The college maintains high academic standards with average SAT scores of 1105 and ACT scores of 22.0. Understanding these costs upfront allows families to create an effective savings strategy for their Missouri State University-Springfield education fund.
Current Missouri State University-Springfield Costs
- In-State Tuition: $9,024 per year
- Out-of-State Tuition: $17,928 per year
- Total Students: 13,407
- Admission Rate: 91.1%
Use our calculator above to determine your personalized savings plan for Missouri State University-Springfield.
Smart Savings Strategies for Missouri State University-Springfield
Given the affordable tuition costs at Missouri State University-Springfield, 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 Missouri State University-Springfield planning
3. Automatic Savings
Set up monthly transfers to consistently build your Missouri State University-Springfield fund
4. Investment Growth
With Missouri State University-Springfield's tuition costs, consider growth-oriented investments for long-term savings
Missouri State University-Springfield Graduate Outcomes
- Median Earnings (10 years): $49,827
- Loan Repayment Rate: 7060.0
- Value Rating: Good
These outcomes show positive return on investment, making your Missouri State University-Springfield savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Missouri State University-Springfield costs $9,024 per year for in-state students and $17,928 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 Missouri State University-Springfield is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $9,024 annual cost. Starting when your child is born gives you 18 years to save.
Missouri State University-Springfield has a 91.1% admission rate, making it highly competitive. With 13,407 total students and average test scores of 1105 SAT and 22.0 ACT, preparation and planning are important.
Missouri State University-Springfield graduates earn a median salary of $49,827 ten years after graduation, with a 7060.0 loan repayment rate. This represents positive value given the $9,024 tuition cost.
Use our Missouri State University-Springfield 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 $9,024 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $38,895 total cost for 4 years at Missouri State University-Springfield with $4,178 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $38,895 total cost for 4 years at Missouri State University-Springfield with $68,786 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $38,895 total cost for 4 years at Missouri State University-Springfield with $176,466 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $38,895 total cost for 4 years at Missouri State University-Springfield with $391,826 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $38,895 total cost for 4 years at Missouri State University-Springfield with $1,037,908 extra for additional expenses.