Stevens-The Institute of Business & Arts Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Stevens-The Institute of Business & Arts? Our Stevens-The Institute of Business & Arts savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $12,968 for in-state students and $12,968 for out-of-state students, plus a 71.4% admission rate, strategic financial planning is essential for your Stevens-The Institute of Business & Arts college fund.
About Stevens-The Institute of Business & Arts
Stevens-The Institute of Business & Arts is a highly selective institution with 95 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 Stevens-The Institute of Business & Arts education fund.
Current Stevens-The Institute of Business & Arts Costs
- In-State Tuition: $12,968 per year
- Out-of-State Tuition: $12,968 per year
- Total Students: 95
- Admission Rate: 71.4%
Use our calculator above to determine your personalized savings plan for Stevens-The Institute of Business & Arts.
Smart Savings Strategies for Stevens-The Institute of Business & Arts
Given the affordable tuition costs at Stevens-The Institute of Business & Arts, 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 Stevens-The Institute of Business & Arts planning
3. Automatic Savings
Set up monthly transfers to consistently build your Stevens-The Institute of Business & Arts fund
4. Investment Growth
With Stevens-The Institute of Business & Arts's tuition costs, consider growth-oriented investments for long-term savings
Stevens-The Institute of Business & Arts Graduate Outcomes
- Median Earnings (10 years): $29,058
- Loan Repayment Rate: 168.0
- Value Rating: Concerning
These outcomes show concerning return on investment, making your Stevens-The Institute of Business & Arts savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Stevens-The Institute of Business & Arts costs $12,968 per year for in-state students and $12,968 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 Stevens-The Institute of Business & Arts is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $12,968 annual cost. Starting when your child is born gives you 18 years to save.
Stevens-The Institute of Business & Arts has a 71.4% admission rate, making it highly competitive. With 95 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Stevens-The Institute of Business & Arts graduates earn a median salary of $29,058 ten years after graduation, with a 168.0 loan repayment rate. This represents concerning value given the $12,968 tuition cost.
Use our Stevens-The Institute of Business & Arts 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 $12,968 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 $55,894 total cost by $12,822. To fully fund college, you'd need to save at least $130 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $55,894 total cost for 4 years at Stevens-The Institute of Business & Arts with $51,787 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $55,894 total cost for 4 years at Stevens-The Institute of Business & Arts with $159,467 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $55,894 total cost for 4 years at Stevens-The Institute of Business & Arts with $374,827 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $55,894 total cost for 4 years at Stevens-The Institute of Business & Arts with $1,020,909 extra for additional expenses.