Scripps College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Scripps College? Our Scripps College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $63,434 for in-state students and $63,434 for out-of-state students, plus a 33.9% admission rate, strategic financial planning is essential for your Scripps College college fund.
About Scripps College
Scripps College is a highly selective institution with 1,077 students. The college maintains high academic standards with average SAT scores of 1475 and ACT scores of 33.0. Understanding these costs upfront allows families to create an effective savings strategy for their Scripps College education fund.
Current Scripps College Costs
- In-State Tuition: $63,434 per year
- Out-of-State Tuition: $63,434 per year
- Total Students: 1,077
- Admission Rate: 33.9%
Use our calculator above to determine your personalized savings plan for Scripps College.
Smart Savings Strategies for Scripps College
Given the premium cost tuition costs at Scripps 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 Scripps College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Scripps College fund
4. Investment Growth
With Scripps College's tuition costs, consider growth-oriented investments for long-term savings
Scripps College Graduate Outcomes
- Median Earnings (10 years): $77,539
- Loan Repayment Rate: 157.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Scripps College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Scripps College costs $63,434 per year for in-state students and $63,434 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 Scripps College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $63,434 annual cost. Starting when your child is born gives you 18 years to save.
Scripps College has a 33.9% admission rate, making it highly competitive. With 1,077 total students and average test scores of 1475 SAT and 33.0 ACT, preparation and planning are important.
Scripps College graduates earn a median salary of $77,539 ten years after graduation, with a 157.0 loan repayment rate. This represents positive value given the $63,434 tuition cost.
Use our Scripps 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 $63,434 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 $273,408 total cost by $230,336. To fully fund college, you'd need to save at least $635 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $273,408 total cost by $165,728. To fully fund college, you'd need to save at least $635 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $273,408 total cost by $58,048. To fully fund college, you'd need to save at least $635 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $273,408 total cost for 4 years at Scripps College with $157,313 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $273,408 total cost for 4 years at Scripps College with $803,394 extra for additional expenses.