Montserrat College of Art Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Montserrat College of Art? Our Montserrat College of Art savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $39,000 for in-state students and $39,000 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Montserrat College of Art college fund.
About Montserrat College of Art
Montserrat College of Art is a selective institution with 261 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 Montserrat College of Art education fund.
Current Montserrat College of Art Costs
- In-State Tuition: $39,000 per year
- Out-of-State Tuition: $39,000 per year
- Total Students: 261
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Montserrat College of Art.
Smart Savings Strategies for Montserrat College of Art
Given the premium cost tuition costs at Montserrat College of Art, 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 Montserrat College of Art planning
3. Automatic Savings
Set up monthly transfers to consistently build your Montserrat College of Art fund
4. Investment Growth
With Montserrat College of Art's tuition costs, consider growth-oriented investments for long-term savings
Montserrat College of Art Graduate Outcomes
- Median Earnings (10 years): $33,022
- Loan Repayment Rate: 239.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Montserrat College of Art savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Montserrat College of Art costs $39,000 per year for in-state students and $39,000 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 Montserrat College of Art is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $39,000 annual cost. Starting when your child is born gives you 18 years to save.
Montserrat College of Art has a N/A admission rate, making it selective. With 261 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Montserrat College of Art graduates earn a median salary of $33,022 ten years after graduation, with a 239.0 loan repayment rate. This represents concerning value given the $39,000 tuition cost.
Use our Montserrat College of Art 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 $39,000 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 $168,095 total cost by $125,023. To fully fund college, you'd need to save at least $390 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $168,095 total cost by $60,415. To fully fund college, you'd need to save at least $390 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $168,095 total cost for 4 years at Montserrat College of Art with $47,266 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $168,095 total cost for 4 years at Montserrat College of Art with $262,626 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $168,095 total cost for 4 years at Montserrat College of Art with $908,708 extra for additional expenses.