Oglethorpe University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Oglethorpe University? Our Oglethorpe University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $45,806 for in-state students and $45,806 for out-of-state students, plus a 60.1% admission rate, strategic financial planning is essential for your Oglethorpe University college fund.
About Oglethorpe University
Oglethorpe University is a highly selective institution with 1,429 students. The college maintains high academic standards with average SAT scores of 1213 and ACT scores of 26.5. Understanding these costs upfront allows families to create an effective savings strategy for their Oglethorpe University education fund.
Current Oglethorpe University Costs
- In-State Tuition: $45,806 per year
- Out-of-State Tuition: $45,806 per year
- Total Students: 1,429
- Admission Rate: 60.1%
Use our calculator above to determine your personalized savings plan for Oglethorpe University.
Smart Savings Strategies for Oglethorpe University
Given the premium cost tuition costs at Oglethorpe 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 Oglethorpe University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Oglethorpe University fund
4. Investment Growth
With Oglethorpe University's tuition costs, consider growth-oriented investments for long-term savings
Oglethorpe University Graduate Outcomes
- Median Earnings (10 years): $55,232
- Loan Repayment Rate: 520.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Oglethorpe University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Oglethorpe University costs $45,806 per year for in-state students and $45,806 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 Oglethorpe University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $45,806 annual cost. Starting when your child is born gives you 18 years to save.
Oglethorpe University has a 60.1% admission rate, making it highly competitive. With 1,429 total students and average test scores of 1213 SAT and 26.5 ACT, preparation and planning are important.
Oglethorpe University graduates earn a median salary of $55,232 ten years after graduation, with a 520.0 loan repayment rate. This represents positive value given the $45,806 tuition cost.
Use our Oglethorpe 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 $45,806 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 $197,430 total cost by $154,357. To fully fund college, you'd need to save at least $458 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $197,430 total cost by $89,749. To fully fund college, you'd need to save at least $458 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $197,430 total cost for 4 years at Oglethorpe University with $17,931 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $197,430 total cost for 4 years at Oglethorpe University with $233,291 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $197,430 total cost for 4 years at Oglethorpe University with $879,373 extra for additional expenses.