SUNY Maritime 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 SUNY Maritime College? Our SUNY Maritime College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $8,540 for in-state students and $18,450 for out-of-state students, plus a 78.5% admission rate, strategic financial planning is essential for your SUNY Maritime College college fund.
About SUNY Maritime College
SUNY Maritime College is a highly selective institution with 1,242 students. The college maintains high academic standards with average SAT scores of 1188 and ACT scores of 24.0. Understanding these costs upfront allows families to create an effective savings strategy for their SUNY Maritime College education fund.
Current SUNY Maritime College Costs
- In-State Tuition: $8,540 per year
- Out-of-State Tuition: $18,450 per year
- Total Students: 1,242
- Admission Rate: 78.5%
Use our calculator above to determine your personalized savings plan for SUNY Maritime College.
Smart Savings Strategies for SUNY Maritime College
Given the affordable tuition costs at SUNY Maritime 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 SUNY Maritime College planning
3. Automatic Savings
Set up monthly transfers to consistently build your SUNY Maritime College fund
4. Investment Growth
With SUNY Maritime College's tuition costs, consider growth-oriented investments for long-term savings
SUNY Maritime College Graduate Outcomes
- Median Earnings (10 years): $95,951
- Loan Repayment Rate: 620.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your SUNY Maritime College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
SUNY Maritime College costs $8,540 per year for in-state students and $18,450 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 SUNY Maritime College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $8,540 annual cost. Starting when your child is born gives you 18 years to save.
SUNY Maritime College has a 78.5% admission rate, making it highly competitive. With 1,242 total students and average test scores of 1188 SAT and 24.0 ACT, preparation and planning are important.
SUNY Maritime College graduates earn a median salary of $95,951 ten years after graduation, with a 620.0 loan repayment rate. This represents positive value given the $8,540 tuition cost.
Use our SUNY Maritime 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 $8,540 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $36,808 total cost for 4 years at SUNY Maritime College with $6,264 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $36,808 total cost for 4 years at SUNY Maritime College with $70,872 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $36,808 total cost for 4 years at SUNY Maritime College with $178,552 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $36,808 total cost for 4 years at SUNY Maritime College with $393,913 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $36,808 total cost for 4 years at SUNY Maritime College with $1,039,994 extra for additional expenses.