The College of Idaho Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for The College of Idaho? Our The College of Idaho savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $36,030 for in-state students and $36,030 for out-of-state students, plus a 47.2% admission rate, strategic financial planning is essential for your The College of Idaho college fund.
About The College of Idaho
The College of Idaho is a highly selective institution with 1,049 students. The college maintains high academic standards with average SAT scores of 1175 and ACT scores of 24.0. Understanding these costs upfront allows families to create an effective savings strategy for their The College of Idaho education fund.
Current The College of Idaho Costs
- In-State Tuition: $36,030 per year
- Out-of-State Tuition: $36,030 per year
- Total Students: 1,049
- Admission Rate: 47.2%
Use our calculator above to determine your personalized savings plan for The College of Idaho.
Smart Savings Strategies for The College of Idaho
Given the premium cost tuition costs at The College of Idaho, 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 The College of Idaho planning
3. Automatic Savings
Set up monthly transfers to consistently build your The College of Idaho fund
4. Investment Growth
With The College of Idaho's tuition costs, consider growth-oriented investments for long-term savings
The College of Idaho Graduate Outcomes
- Median Earnings (10 years): $48,473
- Loan Repayment Rate: 408.0
- Value Rating: Good
These outcomes show positive return on investment, making your The College of Idaho savings strategy more compelling from a financial perspective.
Frequently Asked Questions
The College of Idaho costs $36,030 per year for in-state students and $36,030 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 The College of Idaho is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $36,030 annual cost. Starting when your child is born gives you 18 years to save.
The College of Idaho has a 47.2% admission rate, making it highly competitive. With 1,049 total students and average test scores of 1175 SAT and 24.0 ACT, preparation and planning are important.
The College of Idaho graduates earn a median salary of $48,473 ten years after graduation, with a 408.0 loan repayment rate. This represents positive value given the $36,030 tuition cost.
Use our The College of Idaho 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 $36,030 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 $155,294 total cost by $112,222. To fully fund college, you'd need to save at least $361 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $155,294 total cost by $47,614. To fully fund college, you'd need to save at least $361 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $155,294 total cost for 4 years at The College of Idaho with $60,067 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $155,294 total cost for 4 years at The College of Idaho with $275,427 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $155,294 total cost for 4 years at The College of Idaho with $921,509 extra for additional expenses.