Suffolk University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Suffolk University? Our Suffolk University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $45,380 for in-state students and $45,380 for out-of-state students, plus a 84.7% admission rate, strategic financial planning is essential for your Suffolk University college fund.
About Suffolk University
Suffolk University is a highly selective institution with 4,434 students. The college maintains high academic standards with average SAT scores of 1185 and ACT scores of 28.0. Understanding these costs upfront allows families to create an effective savings strategy for their Suffolk University education fund.
Current Suffolk University Costs
- In-State Tuition: $45,380 per year
- Out-of-State Tuition: $45,380 per year
- Total Students: 4,434
- Admission Rate: 84.7%
Use our calculator above to determine your personalized savings plan for Suffolk University.
Smart Savings Strategies for Suffolk University
Given the premium cost tuition costs at Suffolk 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 Suffolk University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Suffolk University fund
4. Investment Growth
With Suffolk University's tuition costs, consider growth-oriented investments for long-term savings
Suffolk University Graduate Outcomes
- Median Earnings (10 years): $67,506
- Loan Repayment Rate: 2535.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Suffolk University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Suffolk University costs $45,380 per year for in-state students and $45,380 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 Suffolk University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $45,380 annual cost. Starting when your child is born gives you 18 years to save.
Suffolk University has a 84.7% admission rate, making it highly competitive. With 4,434 total students and average test scores of 1185 SAT and 28.0 ACT, preparation and planning are important.
Suffolk University graduates earn a median salary of $67,506 ten years after graduation, with a 2535.0 loan repayment rate. This represents positive value given the $45,380 tuition cost.
Use our Suffolk 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 $45,380 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 $195,593 total cost by $152,521. To fully fund college, you'd need to save at least $454 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $195,593 total cost by $87,913. To fully fund college, you'd need to save at least $454 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $195,593 total cost for 4 years at Suffolk University with $19,767 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $195,593 total cost for 4 years at Suffolk University with $235,128 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $195,593 total cost for 4 years at Suffolk University with $881,209 extra for additional expenses.