Radford University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Radford University? Our Radford University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $12,286 for in-state students and $25,185 for out-of-state students, plus a 90.6% admission rate, strategic financial planning is essential for your Radford University college fund.
About Radford University
Radford University is a highly selective institution with 5,609 students. The college maintains high academic standards with average SAT scores of 1060 and ACT scores of 22.5. Understanding these costs upfront allows families to create an effective savings strategy for their Radford University education fund.
Current Radford University Costs
- In-State Tuition: $12,286 per year
- Out-of-State Tuition: $25,185 per year
- Total Students: 5,609
- Admission Rate: 90.6%
Use our calculator above to determine your personalized savings plan for Radford University.
Smart Savings Strategies for Radford University
Given the affordable tuition costs at Radford 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 Radford University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Radford University fund
4. Investment Growth
With Radford University's tuition costs, consider growth-oriented investments for long-term savings
Radford University Graduate Outcomes
- Median Earnings (10 years): $53,739
- Loan Repayment Rate: 3590.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Radford University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Radford University costs $12,286 per year for in-state students and $25,185 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 Radford University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $12,286 annual cost. Starting when your child is born gives you 18 years to save.
Radford University has a 90.6% admission rate, making it highly competitive. With 5,609 total students and average test scores of 1060 SAT and 22.5 ACT, preparation and planning are important.
Radford University graduates earn a median salary of $53,739 ten years after graduation, with a 3590.0 loan repayment rate. This represents positive value given the $12,286 tuition cost.
Use our Radford 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 $12,286 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 $52,954 total cost by $9,882. To fully fund college, you'd need to save at least $123 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $52,954 total cost for 4 years at Radford University with $54,726 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $52,954 total cost for 4 years at Radford University with $162,406 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $52,954 total cost for 4 years at Radford University with $377,767 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $52,954 total cost for 4 years at Radford University with $1,023,848 extra for additional expenses.