St. Mary's University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for St. Mary's University? Our St. Mary's University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $36,242 for in-state students and $36,242 for out-of-state students, plus a 89.0% admission rate, strategic financial planning is essential for your St. Mary's University college fund.
About St. Mary's University
St. Mary's University is a highly selective institution with 1,911 students. The college maintains high academic standards with average SAT scores of 1065 and ACT scores of 19.5. Understanding these costs upfront allows families to create an effective savings strategy for their St. Mary's University education fund.
Current St. Mary's University Costs
- In-State Tuition: $36,242 per year
- Out-of-State Tuition: $36,242 per year
- Total Students: 1,911
- Admission Rate: 89.0%
Use our calculator above to determine your personalized savings plan for St. Mary's University.
Smart Savings Strategies for St. Mary's University
Given the premium cost tuition costs at St. Mary's 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 St. Mary's University planning
3. Automatic Savings
Set up monthly transfers to consistently build your St. Mary's University fund
4. Investment Growth
With St. Mary's University's tuition costs, consider growth-oriented investments for long-term savings
St. Mary's University Graduate Outcomes
- Median Earnings (10 years): $56,955
- Loan Repayment Rate: 1215.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your St. Mary's University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
St. Mary's University costs $36,242 per year for in-state students and $36,242 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 St. Mary's University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $36,242 annual cost. Starting when your child is born gives you 18 years to save.
St. Mary's University has a 89.0% admission rate, making it highly competitive. With 1,911 total students and average test scores of 1065 SAT and 19.5 ACT, preparation and planning are important.
St. Mary's University graduates earn a median salary of $56,955 ten years after graduation, with a 1215.0 loan repayment rate. This represents positive value given the $36,242 tuition cost.
Use our St. Mary's 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 $36,242 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 $156,208 total cost by $113,135. To fully fund college, you'd need to save at least $363 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $156,208 total cost by $48,527. To fully fund college, you'd need to save at least $363 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $156,208 total cost for 4 years at St. Mary's University with $59,153 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $156,208 total cost for 4 years at St. Mary's University with $274,513 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $156,208 total cost for 4 years at St. Mary's University with $920,595 extra for additional expenses.