Ohio Wesleyan 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 Wesleyan University? Our Ohio Wesleyan University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $52,357 for in-state students and $52,357 for out-of-state students, plus a 50.7% admission rate, strategic financial planning is essential for your Ohio Wesleyan University college fund.
About Ohio Wesleyan University
Ohio Wesleyan University is a highly selective institution with 1,450 students. The college maintains high academic standards with average SAT scores of 1227 and ACT scores of 28.0. Understanding these costs upfront allows families to create an effective savings strategy for their Ohio Wesleyan University education fund.
Current Ohio Wesleyan University Costs
- In-State Tuition: $52,357 per year
- Out-of-State Tuition: $52,357 per year
- Total Students: 1,450
- Admission Rate: 50.7%
Use our calculator above to determine your personalized savings plan for Ohio Wesleyan University.
Smart Savings Strategies for Ohio Wesleyan University
Given the premium cost tuition costs at Ohio Wesleyan 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 Wesleyan University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Ohio Wesleyan University fund
4. Investment Growth
With Ohio Wesleyan University's tuition costs, consider growth-oriented investments for long-term savings
Ohio Wesleyan University Graduate Outcomes
- Median Earnings (10 years): $55,624
- Loan Repayment Rate: 679.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Ohio Wesleyan University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Ohio Wesleyan University costs $52,357 per year for in-state students and $52,357 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 Wesleyan University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $52,357 annual cost. Starting when your child is born gives you 18 years to save.
Ohio Wesleyan University has a 50.7% admission rate, making it highly competitive. With 1,450 total students and average test scores of 1227 SAT and 28.0 ACT, preparation and planning are important.
Ohio Wesleyan University graduates earn a median salary of $55,624 ten years after graduation, with a 679.0 loan repayment rate. This represents positive value given the $52,357 tuition cost.
Use our Ohio Wesleyan 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 $52,357 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 $225,665 total cost by $182,593. To fully fund college, you'd need to save at least $524 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $225,665 total cost by $117,985. To fully fund college, you'd need to save at least $524 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $225,665 total cost by $10,305. To fully fund college, you'd need to save at least $524 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $225,665 total cost for 4 years at Ohio Wesleyan University with $205,056 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $225,665 total cost for 4 years at Ohio Wesleyan University with $851,137 extra for additional expenses.