Pennsylvania State University-Penn State Erie-Behrend College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Pennsylvania State University-Penn State Erie-Behrend College? Our Pennsylvania State University-Penn State Erie-Behrend College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $15,944 for in-state students and $26,668 for out-of-state students, plus a 95.7% admission rate, strategic financial planning is essential for your Pennsylvania State University-Penn State Erie-Behrend College college fund.
About Pennsylvania State University-Penn State Erie-Behrend College
Pennsylvania State University-Penn State Erie-Behrend College is a highly selective institution with 3,172 students. The college maintains high academic standards with average SAT scores of 1215 and ACT scores of 25.5. Understanding these costs upfront allows families to create an effective savings strategy for their Pennsylvania State University-Penn State Erie-Behrend College education fund.
Current Pennsylvania State University-Penn State Erie-Behrend College Costs
- In-State Tuition: $15,944 per year
- Out-of-State Tuition: $26,668 per year
- Total Students: 3,172
- Admission Rate: 95.7%
Use our calculator above to determine your personalized savings plan for Pennsylvania State University-Penn State Erie-Behrend College.
Smart Savings Strategies for Pennsylvania State University-Penn State Erie-Behrend College
Given the moderate cost tuition costs at Pennsylvania State University-Penn State Erie-Behrend 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 Pennsylvania State University-Penn State Erie-Behrend College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Pennsylvania State University-Penn State Erie-Behrend College fund
4. Investment Growth
With Pennsylvania State University-Penn State Erie-Behrend College's tuition costs, consider growth-oriented investments for long-term savings
Pennsylvania State University-Penn State Erie-Behrend College Graduate Outcomes
- Median Earnings (10 years): $63,435
- Loan Repayment Rate: 31926.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Pennsylvania State University-Penn State Erie-Behrend College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Pennsylvania State University-Penn State Erie-Behrend College costs $15,944 per year for in-state students and $26,668 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 Pennsylvania State University-Penn State Erie-Behrend College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $15,944 annual cost. Starting when your child is born gives you 18 years to save.
Pennsylvania State University-Penn State Erie-Behrend College has a 95.7% admission rate, making it highly competitive. With 3,172 total students and average test scores of 1215 SAT and 25.5 ACT, preparation and planning are important.
Pennsylvania State University-Penn State Erie-Behrend College graduates earn a median salary of $63,435 ten years after graduation, with a 31926.0 loan repayment rate. This represents positive value given the $15,944 tuition cost.
Use our Pennsylvania State University-Penn State Erie-Behrend 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 $15,944 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 $68,721 total cost by $25,649. To fully fund college, you'd need to save at least $160 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $68,721 total cost for 4 years at Pennsylvania State University-Penn State Erie-Behrend College with $38,960 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $68,721 total cost for 4 years at Pennsylvania State University-Penn State Erie-Behrend College with $146,640 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $68,721 total cost for 4 years at Pennsylvania State University-Penn State Erie-Behrend College with $362,000 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $68,721 total cost for 4 years at Pennsylvania State University-Penn State Erie-Behrend College with $1,008,082 extra for additional expenses.