North Carolina Central University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for North Carolina Central University? Our North Carolina Central University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $6,542 for in-state students and $19,578 for out-of-state students, plus a 90.5% admission rate, strategic financial planning is essential for your North Carolina Central University college fund.
About North Carolina Central University
North Carolina Central University is a highly selective institution with 5,400 students. The college maintains high academic standards with average SAT scores of 1040 and ACT scores of 17.5. Understanding these costs upfront allows families to create an effective savings strategy for their North Carolina Central University education fund.
Current North Carolina Central University Costs
- In-State Tuition: $6,542 per year
- Out-of-State Tuition: $19,578 per year
- Total Students: 5,400
- Admission Rate: 90.5%
Use our calculator above to determine your personalized savings plan for North Carolina Central University.
Smart Savings Strategies for North Carolina Central University
Given the affordable tuition costs at North Carolina Central 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 North Carolina Central University planning
3. Automatic Savings
Set up monthly transfers to consistently build your North Carolina Central University fund
4. Investment Growth
With North Carolina Central University's tuition costs, consider growth-oriented investments for long-term savings
North Carolina Central University Graduate Outcomes
- Median Earnings (10 years): $42,968
- Loan Repayment Rate: 3661.0
- Value Rating: Good
These outcomes show positive return on investment, making your North Carolina Central University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
North Carolina Central University costs $6,542 per year for in-state students and $19,578 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 North Carolina Central University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $6,542 annual cost. Starting when your child is born gives you 18 years to save.
North Carolina Central University has a 90.5% admission rate, making it highly competitive. With 5,400 total students and average test scores of 1040 SAT and 17.5 ACT, preparation and planning are important.
North Carolina Central University graduates earn a median salary of $42,968 ten years after graduation, with a 3661.0 loan repayment rate. This represents positive value given the $6,542 tuition cost.
Use our North Carolina Central 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 $6,542 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $28,197 total cost for 4 years at North Carolina Central University with $14,875 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $28,197 total cost for 4 years at North Carolina Central University with $79,483 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $28,197 total cost for 4 years at North Carolina Central University with $187,164 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $28,197 total cost for 4 years at North Carolina Central University with $402,524 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $28,197 total cost for 4 years at North Carolina Central University with $1,048,606 extra for additional expenses.