Paul Quinn College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Paul Quinn College? Our Paul Quinn College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $13,498 for in-state students and $13,498 for out-of-state students, plus a 33.8% admission rate, strategic financial planning is essential for your Paul Quinn College college fund.
About Paul Quinn College
Paul Quinn College is a highly selective institution with 600 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 Paul Quinn College education fund.
Current Paul Quinn College Costs
- In-State Tuition: $13,498 per year
- Out-of-State Tuition: $13,498 per year
- Total Students: 600
- Admission Rate: 33.8%
Use our calculator above to determine your personalized savings plan for Paul Quinn College.
Smart Savings Strategies for Paul Quinn College
Given the affordable tuition costs at Paul Quinn College, 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 Paul Quinn College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Paul Quinn College fund
4. Investment Growth
With Paul Quinn College's tuition costs, consider growth-oriented investments for long-term savings
Paul Quinn College Graduate Outcomes
- Median Earnings (10 years): $29,288
- Loan Repayment Rate: 239.0
- Value Rating: Concerning
These outcomes show concerning return on investment, making your Paul Quinn College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Paul Quinn College costs $13,498 per year for in-state students and $13,498 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 Paul Quinn College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $13,498 annual cost. Starting when your child is born gives you 18 years to save.
Paul Quinn College has a 33.8% admission rate, making it highly competitive. With 600 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Paul Quinn College graduates earn a median salary of $29,288 ten years after graduation, with a 239.0 loan repayment rate. This represents concerning value given the $13,498 tuition cost.
Use our Paul Quinn College 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 $13,498 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 $58,178 total cost by $15,106. To fully fund college, you'd need to save at least $135 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $58,178 total cost for 4 years at Paul Quinn College with $49,502 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $58,178 total cost for 4 years at Paul Quinn College with $157,182 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $58,178 total cost for 4 years at Paul Quinn College with $372,543 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $58,178 total cost for 4 years at Paul Quinn College with $1,018,624 extra for additional expenses.