Ottawa University-Ottawa 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 Ottawa University-Ottawa? Our Ottawa University-Ottawa savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $35,300 for in-state students and $35,300 for out-of-state students, plus a 80.0% admission rate, strategic financial planning is essential for your Ottawa University-Ottawa college fund.
About Ottawa University-Ottawa
Ottawa University-Ottawa is a highly selective institution with 935 students. The college maintains high academic standards with average SAT scores of 1010 and ACT scores of 18.5. Understanding these costs upfront allows families to create an effective savings strategy for their Ottawa University-Ottawa education fund.
Current Ottawa University-Ottawa Costs
- In-State Tuition: $35,300 per year
- Out-of-State Tuition: $35,300 per year
- Total Students: 935
- Admission Rate: 80.0%
Use our calculator above to determine your personalized savings plan for Ottawa University-Ottawa.
Smart Savings Strategies for Ottawa University-Ottawa
Given the premium cost tuition costs at Ottawa University-Ottawa, 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 Ottawa University-Ottawa planning
3. Automatic Savings
Set up monthly transfers to consistently build your Ottawa University-Ottawa fund
4. Investment Growth
With Ottawa University-Ottawa's tuition costs, consider growth-oriented investments for long-term savings
Ottawa University-Ottawa Graduate Outcomes
- Median Earnings (10 years): $55,552
- Loan Repayment Rate: 2386.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Ottawa University-Ottawa savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Ottawa University-Ottawa costs $35,300 per year for in-state students and $35,300 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 Ottawa University-Ottawa is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $35,300 annual cost. Starting when your child is born gives you 18 years to save.
Ottawa University-Ottawa has a 80.0% admission rate, making it highly competitive. With 935 total students and average test scores of 1010 SAT and 18.5 ACT, preparation and planning are important.
Ottawa University-Ottawa graduates earn a median salary of $55,552 ten years after graduation, with a 2386.0 loan repayment rate. This represents positive value given the $35,300 tuition cost.
Use our Ottawa University-Ottawa 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 $35,300 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 $152,147 total cost by $109,075. To fully fund college, you'd need to save at least $353 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $152,147 total cost by $44,467. To fully fund college, you'd need to save at least $353 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $152,147 total cost for 4 years at Ottawa University-Ottawa with $63,213 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $152,147 total cost for 4 years at Ottawa University-Ottawa with $278,574 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $152,147 total cost for 4 years at Ottawa University-Ottawa with $924,655 extra for additional expenses.