Northwest Nazarene University Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Northwest Nazarene University? Our Northwest Nazarene University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $39,370 for in-state students and $39,370 for out-of-state students, plus a 63.0% admission rate, strategic financial planning is essential for your Northwest Nazarene University college fund.
About Northwest Nazarene University
Northwest Nazarene University is a highly selective institution with 1,138 students. The college maintains high academic standards with average SAT scores of 1075 and ACT scores of 28.0. Understanding these costs upfront allows families to create an effective savings strategy for their Northwest Nazarene University education fund.
Current Northwest Nazarene University Costs
- In-State Tuition: $39,370 per year
- Out-of-State Tuition: $39,370 per year
- Total Students: 1,138
- Admission Rate: 63.0%
Use our calculator above to determine your personalized savings plan for Northwest Nazarene University.
Smart Savings Strategies for Northwest Nazarene University
Given the premium cost tuition costs at Northwest Nazarene 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 Northwest Nazarene University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Northwest Nazarene University fund
4. Investment Growth
With Northwest Nazarene University's tuition costs, consider growth-oriented investments for long-term savings
Northwest Nazarene University Graduate Outcomes
- Median Earnings (10 years): $51,719
- Loan Repayment Rate: 733.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Northwest Nazarene University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Northwest Nazarene University costs $39,370 per year for in-state students and $39,370 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 Northwest Nazarene University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $39,370 annual cost. Starting when your child is born gives you 18 years to save.
Northwest Nazarene University has a 63.0% admission rate, making it highly competitive. With 1,138 total students and average test scores of 1075 SAT and 28.0 ACT, preparation and planning are important.
Northwest Nazarene University graduates earn a median salary of $51,719 ten years after graduation, with a 733.0 loan repayment rate. This represents positive value given the $39,370 tuition cost.
Use our Northwest Nazarene 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 $39,370 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 $169,690 total cost by $126,618. To fully fund college, you'd need to save at least $394 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $169,690 total cost by $62,009. To fully fund college, you'd need to save at least $394 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $169,690 total cost for 4 years at Northwest Nazarene University with $45,671 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $169,690 total cost for 4 years at Northwest Nazarene University with $261,031 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $169,690 total cost for 4 years at Northwest Nazarene University with $907,113 extra for additional expenses.