Northeastern Illinois University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Northeastern Illinois University? Our Northeastern Illinois University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $12,383 for in-state students and $22,726 for out-of-state students, plus a 70.4% admission rate, strategic financial planning is essential for your Northeastern Illinois University college fund.
About Northeastern Illinois University
Northeastern Illinois University is a highly selective institution with 3,869 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 Northeastern Illinois University education fund.
Current Northeastern Illinois University Costs
- In-State Tuition: $12,383 per year
- Out-of-State Tuition: $22,726 per year
- Total Students: 3,869
- Admission Rate: 70.4%
Use our calculator above to determine your personalized savings plan for Northeastern Illinois University.
Smart Savings Strategies for Northeastern Illinois University
Given the affordable tuition costs at Northeastern Illinois 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 Northeastern Illinois University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Northeastern Illinois University fund
4. Investment Growth
With Northeastern Illinois University's tuition costs, consider growth-oriented investments for long-term savings
Northeastern Illinois University Graduate Outcomes
- Median Earnings (10 years): $52,234
- Loan Repayment Rate: 3030.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Northeastern Illinois University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Northeastern Illinois University costs $12,383 per year for in-state students and $22,726 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 Northeastern Illinois University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $12,383 annual cost. Starting when your child is born gives you 18 years to save.
Northeastern Illinois University has a 70.4% admission rate, making it highly competitive. With 3,869 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Northeastern Illinois University graduates earn a median salary of $52,234 ten years after graduation, with a 3030.0 loan repayment rate. This represents positive value given the $12,383 tuition cost.
Use our Northeastern Illinois 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 $12,383 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 $53,372 total cost by $10,300. To fully fund college, you'd need to save at least $124 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $53,372 total cost for 4 years at Northeastern Illinois University with $54,308 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $53,372 total cost for 4 years at Northeastern Illinois University with $161,988 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $53,372 total cost for 4 years at Northeastern Illinois University with $377,349 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $53,372 total cost for 4 years at Northeastern Illinois University with $1,023,430 extra for additional expenses.