Saint Mary's College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Saint Mary's College? Our Saint Mary's College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $51,430 for in-state students and $51,430 for out-of-state students, plus a 81.1% admission rate, strategic financial planning is essential for your Saint Mary's College college fund.
About Saint Mary's College
Saint Mary's College is a highly selective institution with 1,399 students. The college maintains high academic standards with average SAT scores of 1205 and ACT scores of 27.5. Understanding these costs upfront allows families to create an effective savings strategy for their Saint Mary's College education fund.
Current Saint Mary's College Costs
- In-State Tuition: $51,430 per year
- Out-of-State Tuition: $51,430 per year
- Total Students: 1,399
- Admission Rate: 81.1%
Use our calculator above to determine your personalized savings plan for Saint Mary's College.
Smart Savings Strategies for Saint Mary's College
Given the premium cost tuition costs at Saint Mary's 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 Saint Mary's College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Saint Mary's College fund
4. Investment Growth
With Saint Mary's College's tuition costs, consider growth-oriented investments for long-term savings
Saint Mary's College Graduate Outcomes
- Median Earnings (10 years): $59,354
- Loan Repayment Rate: 604.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Saint Mary's College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Saint Mary's College costs $51,430 per year for in-state students and $51,430 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 Saint Mary's College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $51,430 annual cost. Starting when your child is born gives you 18 years to save.
Saint Mary's College has a 81.1% admission rate, making it highly competitive. With 1,399 total students and average test scores of 1205 SAT and 27.5 ACT, preparation and planning are important.
Saint Mary's College graduates earn a median salary of $59,354 ten years after graduation, with a 604.0 loan repayment rate. This represents positive value given the $51,430 tuition cost.
Use our Saint Mary's 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 $51,430 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 $221,670 total cost by $178,598. To fully fund college, you'd need to save at least $515 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $221,670 total cost by $113,989. To fully fund college, you'd need to save at least $515 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $221,670 total cost by $6,309. To fully fund college, you'd need to save at least $515 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $221,670 total cost for 4 years at Saint Mary's College with $209,051 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $221,670 total cost for 4 years at Saint Mary's College with $855,133 extra for additional expenses.