Southern Wesleyan 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 Wesleyan University? Our Southern Wesleyan University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $27,870 for in-state students and $27,870 for out-of-state students, plus a 100.0% admission rate, strategic financial planning is essential for your Southern Wesleyan University college fund.
About Southern Wesleyan University
Southern Wesleyan University is a highly selective institution with 771 students. The college maintains high academic standards with average SAT scores of 1090 and ACT scores of 21.5. Understanding these costs upfront allows families to create an effective savings strategy for their Southern Wesleyan University education fund.
Current Southern Wesleyan University Costs
- In-State Tuition: $27,870 per year
- Out-of-State Tuition: $27,870 per year
- Total Students: 771
- Admission Rate: 100.0%
Use our calculator above to determine your personalized savings plan for Southern Wesleyan University.
Smart Savings Strategies for Southern Wesleyan University
Given the higher cost tuition costs at Southern Wesleyan 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 Wesleyan University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Southern Wesleyan University fund
4. Investment Growth
With Southern Wesleyan University's tuition costs, consider growth-oriented investments for long-term savings
Southern Wesleyan University Graduate Outcomes
- Median Earnings (10 years): $47,756
- Loan Repayment Rate: 1044.0
- Value Rating: Good
These outcomes show positive return on investment, making your Southern Wesleyan University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Southern Wesleyan University costs $27,870 per year for in-state students and $27,870 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 Wesleyan University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $27,870 annual cost. Starting when your child is born gives you 18 years to save.
Southern Wesleyan University has a 100.0% admission rate, making it highly competitive. With 771 total students and average test scores of 1090 SAT and 21.5 ACT, preparation and planning are important.
Southern Wesleyan University graduates earn a median salary of $47,756 ten years after graduation, with a 1044.0 loan repayment rate. This represents positive value given the $27,870 tuition cost.
Use our Southern Wesleyan 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 $27,870 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 $120,123 total cost by $77,051. To fully fund college, you'd need to save at least $279 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $120,123 total cost by $12,443. To fully fund college, you'd need to save at least $279 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $120,123 total cost for 4 years at Southern Wesleyan University with $95,237 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $120,123 total cost for 4 years at Southern Wesleyan University with $310,598 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $120,123 total cost for 4 years at Southern Wesleyan University with $956,679 extra for additional expenses.