Springfield Technical Community College Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Springfield Technical Community College? Our Springfield Technical Community College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $5,520 for in-state students and $10,728 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Springfield Technical Community College college fund.
About Springfield Technical Community College
Springfield Technical Community College is a selective institution with 3,965 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Springfield Technical Community College education fund.
Current Springfield Technical Community College Costs
- In-State Tuition: $5,520 per year
- Out-of-State Tuition: $10,728 per year
- Total Students: 3,965
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Springfield Technical Community College.
Smart Savings Strategies for Springfield Technical Community College
Given the affordable tuition costs at Springfield Technical Community 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 Springfield Technical Community College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Springfield Technical Community College fund
4. Investment Growth
With Springfield Technical Community College's tuition costs, consider growth-oriented investments for long-term savings
Springfield Technical Community College Graduate Outcomes
- Median Earnings (10 years): $36,966
- Loan Repayment Rate: 1836.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Springfield Technical Community College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Springfield Technical Community College costs $5,520 per year for in-state students and $10,728 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 Springfield Technical Community College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $5,520 annual cost. Starting when your child is born gives you 18 years to save.
Springfield Technical Community College has a N/A admission rate, making it selective. With 3,965 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Springfield Technical Community College graduates earn a median salary of $36,966 ten years after graduation, with a 1836.0 loan repayment rate. This represents concerning value given the $5,520 tuition cost.
Use our Springfield Technical Community 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 $5,520 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $23,792 total cost for 4 years at Springfield Technical Community College with $19,280 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $23,792 total cost for 4 years at Springfield Technical Community College with $83,888 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $23,792 total cost for 4 years at Springfield Technical Community College with $191,569 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $23,792 total cost for 4 years at Springfield Technical Community College with $406,929 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $23,792 total cost for 4 years at Springfield Technical Community College with $1,053,011 extra for additional expenses.