Parker University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Parker University? Our Parker University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $17,457 for in-state students and $17,457 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Parker University college fund.
About Parker University
Parker University is a selective institution with 494 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Parker University education fund.
Current Parker University Costs
- In-State Tuition: $17,457 per year
- Out-of-State Tuition: $17,457 per year
- Total Students: 494
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Parker University.
Smart Savings Strategies for Parker University
Given the moderate cost tuition costs at Parker 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 Parker University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Parker University fund
4. Investment Growth
With Parker University's tuition costs, consider growth-oriented investments for long-term savings
Parker University Graduate Outcomes
- Median Earnings (10 years): $42,091
- Loan Repayment Rate: 337.0
- Value Rating: Good
These outcomes show positive return on investment, making your Parker University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Parker University costs $17,457 per year for in-state students and $17,457 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 Parker University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $17,457 annual cost. Starting when your child is born gives you 18 years to save.
Parker University has a N/A admission rate, making it selective. With 494 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Parker University graduates earn a median salary of $42,091 ten years after graduation, with a 337.0 loan repayment rate. This represents positive value given the $17,457 tuition cost.
Use our Parker 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 $17,457 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 $75,242 total cost by $32,170. To fully fund college, you'd need to save at least $175 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $75,242 total cost for 4 years at Parker University with $32,438 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $75,242 total cost for 4 years at Parker University with $140,119 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $75,242 total cost for 4 years at Parker University with $355,479 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $75,242 total cost for 4 years at Parker University with $1,001,561 extra for additional expenses.