Ohio Northern University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Ohio Northern University? Our Ohio Northern University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $37,800 for in-state students and $37,800 for out-of-state students, plus a 73.4% admission rate, strategic financial planning is essential for your Ohio Northern University college fund.
About Ohio Northern University
Ohio Northern University is a highly selective institution with 2,386 students. The college maintains high academic standards with average SAT scores of 1274 and ACT scores of 27.0. Understanding these costs upfront allows families to create an effective savings strategy for their Ohio Northern University education fund.
Current Ohio Northern University Costs
- In-State Tuition: $37,800 per year
- Out-of-State Tuition: $37,800 per year
- Total Students: 2,386
- Admission Rate: 73.4%
Use our calculator above to determine your personalized savings plan for Ohio Northern University.
Smart Savings Strategies for Ohio Northern University
Given the premium cost tuition costs at Ohio Northern 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 Ohio Northern University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Ohio Northern University fund
4. Investment Growth
With Ohio Northern University's tuition costs, consider growth-oriented investments for long-term savings
Ohio Northern University Graduate Outcomes
- Median Earnings (10 years): $80,928
- Loan Repayment Rate: 1201.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Ohio Northern University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Ohio Northern University costs $37,800 per year for in-state students and $37,800 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 Ohio Northern University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $37,800 annual cost. Starting when your child is born gives you 18 years to save.
Ohio Northern University has a 73.4% admission rate, making it highly competitive. With 2,386 total students and average test scores of 1274 SAT and 27.0 ACT, preparation and planning are important.
Ohio Northern University graduates earn a median salary of $80,928 ten years after graduation, with a 1201.0 loan repayment rate. This represents positive value given the $37,800 tuition cost.
Use our Ohio Northern 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 $37,800 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 $162,923 total cost by $119,851. To fully fund college, you'd need to save at least $378 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $162,923 total cost by $55,242. To fully fund college, you'd need to save at least $378 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $162,923 total cost for 4 years at Ohio Northern University with $52,438 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $162,923 total cost for 4 years at Ohio Northern University with $267,798 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $162,923 total cost for 4 years at Ohio Northern University with $913,880 extra for additional expenses.