Syracuse University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Syracuse University? Our Syracuse University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $63,061 for in-state students and $63,061 for out-of-state students, plus a 41.7% admission rate, strategic financial planning is essential for your Syracuse University college fund.
About Syracuse University
Syracuse University is a highly selective institution with 15,245 students. The college maintains high academic standards with average SAT scores of 1345 and ACT scores of 30.0. Understanding these costs upfront allows families to create an effective savings strategy for their Syracuse University education fund.
Current Syracuse University Costs
- In-State Tuition: $63,061 per year
- Out-of-State Tuition: $63,061 per year
- Total Students: 15,245
- Admission Rate: 41.7%
Use our calculator above to determine your personalized savings plan for Syracuse University.
Smart Savings Strategies for Syracuse University
Given the premium cost tuition costs at Syracuse 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 Syracuse University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Syracuse University fund
4. Investment Growth
With Syracuse University's tuition costs, consider growth-oriented investments for long-term savings
Syracuse University Graduate Outcomes
- Median Earnings (10 years): $79,164
- Loan Repayment Rate: 4711.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Syracuse University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Syracuse University costs $63,061 per year for in-state students and $63,061 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 Syracuse University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $63,061 annual cost. Starting when your child is born gives you 18 years to save.
Syracuse University has a 41.7% admission rate, making it highly competitive. With 15,245 total students and average test scores of 1345 SAT and 30.0 ACT, preparation and planning are important.
Syracuse University graduates earn a median salary of $79,164 ten years after graduation, with a 4711.0 loan repayment rate. This represents positive value given the $63,061 tuition cost.
Use our Syracuse 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 $63,061 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 $271,801 total cost by $228,729. To fully fund college, you'd need to save at least $631 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $271,801 total cost by $164,121. To fully fund college, you'd need to save at least $631 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $271,801 total cost by $56,440. To fully fund college, you'd need to save at least $631 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $271,801 total cost for 4 years at Syracuse University with $158,920 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $271,801 total cost for 4 years at Syracuse University with $805,002 extra for additional expenses.