Southern University and A & M College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Southern University and A & M College? Our Southern University and A & M College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $9,940 for in-state students and $17,198 for out-of-state students, plus a 49.9% admission rate, strategic financial planning is essential for your Southern University and A & M College college fund.
About Southern University and A & M College
Southern University and A & M College is a highly selective institution with 5,323 students. The college maintains high academic standards with average SAT scores of 899 and ACT scores of 17.0. Understanding these costs upfront allows families to create an effective savings strategy for their Southern University and A & M College education fund.
Current Southern University and A & M College Costs
- In-State Tuition: $9,940 per year
- Out-of-State Tuition: $17,198 per year
- Total Students: 5,323
- Admission Rate: 49.9%
Use our calculator above to determine your personalized savings plan for Southern University and A & M College.
Smart Savings Strategies for Southern University and A & M College
Given the affordable tuition costs at Southern University and A & M 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 Southern University and A & M College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Southern University and A & M College fund
4. Investment Growth
With Southern University and A & M College's tuition costs, consider growth-oriented investments for long-term savings
Southern University and A & M College Graduate Outcomes
- Median Earnings (10 years): $43,371
- Loan Repayment Rate: 3264.0
- Value Rating: Good
These outcomes show positive return on investment, making your Southern University and A & M College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Southern University and A & M College costs $9,940 per year for in-state students and $17,198 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 Southern University and A & M College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $9,940 annual cost. Starting when your child is born gives you 18 years to save.
Southern University and A & M College has a 49.9% admission rate, making it highly competitive. With 5,323 total students and average test scores of 899 SAT and 17.0 ACT, preparation and planning are important.
Southern University and A & M College graduates earn a median salary of $43,371 ten years after graduation, with a 3264.0 loan repayment rate. This represents positive value given the $9,940 tuition cost.
Use our Southern University and A & M 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 $9,940 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $42,843 total cost for 4 years at Southern University and A & M College with $229 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $42,843 total cost for 4 years at Southern University and A & M College with $64,838 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $42,843 total cost for 4 years at Southern University and A & M College with $172,518 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $42,843 total cost for 4 years at Southern University and A & M College with $387,878 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $42,843 total cost for 4 years at Southern University and A & M College with $1,033,960 extra for additional expenses.