Mount Saint Mary College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Mount Saint Mary College? Our Mount Saint Mary College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $41,370 for in-state students and $41,370 for out-of-state students, plus a 82.5% admission rate, strategic financial planning is essential for your Mount Saint Mary College college fund.
About Mount Saint Mary College
Mount Saint Mary College is a highly selective institution with 1,268 students. The college maintains high academic standards with average SAT scores of 1172 and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Mount Saint Mary College education fund.
Current Mount Saint Mary College Costs
- In-State Tuition: $41,370 per year
- Out-of-State Tuition: $41,370 per year
- Total Students: 1,268
- Admission Rate: 82.5%
Use our calculator above to determine your personalized savings plan for Mount Saint Mary College.
Smart Savings Strategies for Mount Saint Mary College
Given the premium cost tuition costs at Mount Saint Mary 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 Mount Saint Mary College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Mount Saint Mary College fund
4. Investment Growth
With Mount Saint Mary College's tuition costs, consider growth-oriented investments for long-term savings
Mount Saint Mary College Graduate Outcomes
- Median Earnings (10 years): $67,705
- Loan Repayment Rate: 1305.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Mount Saint Mary College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Mount Saint Mary College costs $41,370 per year for in-state students and $41,370 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 Mount Saint Mary College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $41,370 annual cost. Starting when your child is born gives you 18 years to save.
Mount Saint Mary College has a 82.5% admission rate, making it highly competitive. With 1,268 total students and average test scores of 1172 SAT and N/A ACT, preparation and planning are important.
Mount Saint Mary College graduates earn a median salary of $67,705 ten years after graduation, with a 1305.0 loan repayment rate. This represents positive value given the $41,370 tuition cost.
Use our Mount Saint Mary 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 $41,370 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 $178,310 total cost by $135,238. To fully fund college, you'd need to save at least $414 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $178,310 total cost by $70,630. To fully fund college, you'd need to save at least $414 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $178,310 total cost for 4 years at Mount Saint Mary College with $37,051 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $178,310 total cost for 4 years at Mount Saint Mary College with $252,411 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $178,310 total cost for 4 years at Mount Saint Mary College with $898,493 extra for additional expenses.