Northeastern 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 University? Our Northeastern University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $63,141 for in-state students and $63,141 for out-of-state students, plus a 5.7% admission rate, strategic financial planning is essential for your Northeastern University college fund.
About Northeastern University
Northeastern University is a highly selective institution with 15,719 students. The college maintains high academic standards with average SAT scores of 1505 and ACT scores of 34.0. Understanding these costs upfront allows families to create an effective savings strategy for their Northeastern University education fund.
Current Northeastern University Costs
- In-State Tuition: $63,141 per year
- Out-of-State Tuition: $63,141 per year
- Total Students: 15,719
- Admission Rate: 5.7%
Use our calculator above to determine your personalized savings plan for Northeastern University.
Smart Savings Strategies for Northeastern University
Given the premium cost tuition costs at Northeastern 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 University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Northeastern University fund
4. Investment Growth
With Northeastern University's tuition costs, consider growth-oriented investments for long-term savings
Northeastern University Graduate Outcomes
- Median Earnings (10 years): $92,538
- Loan Repayment Rate: 5745.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Northeastern University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Northeastern University costs $63,141 per year for in-state students and $63,141 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 University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $63,141 annual cost. Starting when your child is born gives you 18 years to save.
Northeastern University has a 5.7% admission rate, making it highly competitive. With 15,719 total students and average test scores of 1505 SAT and 34.0 ACT, preparation and planning are important.
Northeastern University graduates earn a median salary of $92,538 ten years after graduation, with a 5745.0 loan repayment rate. This represents positive value given the $63,141 tuition cost.
Use our Northeastern 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 $63,141 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 $272,146 total cost by $229,073. To fully fund college, you'd need to save at least $632 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $272,146 total cost by $164,465. To fully fund college, you'd need to save at least $632 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $272,146 total cost by $56,785. To fully fund college, you'd need to save at least $632 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $272,146 total cost for 4 years at Northeastern University with $158,575 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $272,146 total cost for 4 years at Northeastern University with $804,657 extra for additional expenses.