The College of New Jersey 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 The College of New Jersey? Our The College of New Jersey savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $18,685 for in-state students and $24,568 for out-of-state students, plus a 62.1% admission rate, strategic financial planning is essential for your The College of New Jersey college fund.
About The College of New Jersey
The College of New Jersey is a highly selective institution with 6,831 students. The college maintains high academic standards with average SAT scores of 1240 and ACT scores of 28.0. Understanding these costs upfront allows families to create an effective savings strategy for their The College of New Jersey education fund.
Current The College of New Jersey Costs
- In-State Tuition: $18,685 per year
- Out-of-State Tuition: $24,568 per year
- Total Students: 6,831
- Admission Rate: 62.1%
Use our calculator above to determine your personalized savings plan for The College of New Jersey.
Smart Savings Strategies for The College of New Jersey
Given the moderate cost tuition costs at The College of New Jersey, 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 New Jersey planning
3. Automatic Savings
Set up monthly transfers to consistently build your The College of New Jersey fund
4. Investment Growth
With The College of New Jersey's tuition costs, consider growth-oriented investments for long-term savings
The College of New Jersey Graduate Outcomes
- Median Earnings (10 years): $73,323
- Loan Repayment Rate: 2032.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your The College of New Jersey savings strategy more compelling from a financial perspective.
Frequently Asked Questions
The College of New Jersey costs $18,685 per year for in-state students and $24,568 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 New Jersey is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $18,685 annual cost. Starting when your child is born gives you 18 years to save.
The College of New Jersey has a 62.1% admission rate, making it highly competitive. With 6,831 total students and average test scores of 1240 SAT and 28.0 ACT, preparation and planning are important.
The College of New Jersey graduates earn a median salary of $73,323 ten years after graduation, with a 2032.0 loan repayment rate. This represents positive value given the $18,685 tuition cost.
Use our The College of New Jersey 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 $18,685 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 $80,535 total cost by $37,463. To fully fund college, you'd need to save at least $187 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $80,535 total cost for 4 years at The College of New Jersey with $27,146 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $80,535 total cost for 4 years at The College of New Jersey with $134,826 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $80,535 total cost for 4 years at The College of New Jersey with $350,186 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $80,535 total cost for 4 years at The College of New Jersey with $996,268 extra for additional expenses.