Southern Virginia University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Southern Virginia University? Our Southern Virginia University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $20,040 for in-state students and $20,040 for out-of-state students, plus a 99.6% admission rate, strategic financial planning is essential for your Southern Virginia University college fund.
About Southern Virginia University
Southern Virginia University is a highly selective institution with 967 students. The college maintains high academic standards with average SAT scores of 1098 and ACT scores of 21.5. Understanding these costs upfront allows families to create an effective savings strategy for their Southern Virginia University education fund.
Current Southern Virginia University Costs
- In-State Tuition: $20,040 per year
- Out-of-State Tuition: $20,040 per year
- Total Students: 967
- Admission Rate: 99.6%
Use our calculator above to determine your personalized savings plan for Southern Virginia University.
Smart Savings Strategies for Southern Virginia University
Given the moderate cost tuition costs at Southern Virginia 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 Southern Virginia University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Southern Virginia University fund
4. Investment Growth
With Southern Virginia University's tuition costs, consider growth-oriented investments for long-term savings
Southern Virginia University Graduate Outcomes
- Median Earnings (10 years): $50,002
- Loan Repayment Rate: 473.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Southern Virginia University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Southern Virginia University costs $20,040 per year for in-state students and $20,040 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 Virginia University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $20,040 annual cost. Starting when your child is born gives you 18 years to save.
Southern Virginia University has a 99.6% admission rate, making it highly competitive. With 967 total students and average test scores of 1098 SAT and 21.5 ACT, preparation and planning are important.
Southern Virginia University graduates earn a median salary of $50,002 ten years after graduation, with a 473.0 loan repayment rate. This represents positive value given the $20,040 tuition cost.
Use our Southern Virginia 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 $20,040 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 $86,375 total cost by $43,303. To fully fund college, you'd need to save at least $201 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $86,375 total cost for 4 years at Southern Virginia University with $21,305 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $86,375 total cost for 4 years at Southern Virginia University with $128,986 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $86,375 total cost for 4 years at Southern Virginia University with $344,346 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $86,375 total cost for 4 years at Southern Virginia University with $990,428 extra for additional expenses.