Stony Brook University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Stony Brook University? Our Stony Brook University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $10,560 for in-state students and $30,350 for out-of-state students, plus a 49.0% admission rate, strategic financial planning is essential for your Stony Brook University college fund.
About Stony Brook University
Stony Brook University is a highly selective institution with 17,420 students. The college maintains high academic standards with average SAT scores of 1405 and ACT scores of 30.5. Understanding these costs upfront allows families to create an effective savings strategy for their Stony Brook University education fund.
Current Stony Brook University Costs
- In-State Tuition: $10,560 per year
- Out-of-State Tuition: $30,350 per year
- Total Students: 17,420
- Admission Rate: 49.0%
Use our calculator above to determine your personalized savings plan for Stony Brook University.
Smart Savings Strategies for Stony Brook University
Given the affordable tuition costs at Stony Brook 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 Stony Brook University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Stony Brook University fund
4. Investment Growth
With Stony Brook University's tuition costs, consider growth-oriented investments for long-term savings
Stony Brook University Graduate Outcomes
- Median Earnings (10 years): $74,502
- Loan Repayment Rate: 5598.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Stony Brook University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Stony Brook University costs $10,560 per year for in-state students and $30,350 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 Stony Brook University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $10,560 annual cost. Starting when your child is born gives you 18 years to save.
Stony Brook University has a 49.0% admission rate, making it highly competitive. With 17,420 total students and average test scores of 1405 SAT and 30.5 ACT, preparation and planning are important.
Stony Brook University graduates earn a median salary of $74,502 ten years after graduation, with a 5598.0 loan repayment rate. This represents positive value given the $10,560 tuition cost.
Use our Stony Brook 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 $10,560 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 $45,515 total cost by $2,443. To fully fund college, you'd need to save at least $106 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $45,515 total cost for 4 years at Stony Brook University with $62,165 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $45,515 total cost for 4 years at Stony Brook University with $169,846 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $45,515 total cost for 4 years at Stony Brook University with $385,206 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $45,515 total cost for 4 years at Stony Brook University with $1,031,288 extra for additional expenses.