Rowan University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Rowan University? Our Rowan University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $15,700 for in-state students and $25,564 for out-of-state students, plus a 77.8% admission rate, strategic financial planning is essential for your Rowan University college fund.
About Rowan University
Rowan University is a highly selective institution with 14,647 students. The college maintains high academic standards with average SAT scores of 1205 and ACT scores of 28.0. Understanding these costs upfront allows families to create an effective savings strategy for their Rowan University education fund.
Current Rowan University Costs
- In-State Tuition: $15,700 per year
- Out-of-State Tuition: $25,564 per year
- Total Students: 14,647
- Admission Rate: 77.8%
Use our calculator above to determine your personalized savings plan for Rowan University.
Smart Savings Strategies for Rowan University
Given the moderate cost tuition costs at Rowan 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 Rowan University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Rowan University fund
4. Investment Growth
With Rowan University's tuition costs, consider growth-oriented investments for long-term savings
Rowan University Graduate Outcomes
- Median Earnings (10 years): $59,988
- Loan Repayment Rate: 4627.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Rowan University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Rowan University costs $15,700 per year for in-state students and $25,564 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 Rowan University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $15,700 annual cost. Starting when your child is born gives you 18 years to save.
Rowan University has a 77.8% admission rate, making it highly competitive. With 14,647 total students and average test scores of 1205 SAT and 28.0 ACT, preparation and planning are important.
Rowan University graduates earn a median salary of $59,988 ten years after graduation, with a 4627.0 loan repayment rate. This represents positive value given the $15,700 tuition cost.
Use our Rowan 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 $15,700 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 $67,669 total cost by $24,597. To fully fund college, you'd need to save at least $157 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $67,669 total cost for 4 years at Rowan University with $40,011 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $67,669 total cost for 4 years at Rowan University with $147,692 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $67,669 total cost for 4 years at Rowan University with $363,052 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $67,669 total cost for 4 years at Rowan University with $1,009,134 extra for additional expenses.