Thomas More College of Liberal Arts Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Thomas More College of Liberal Arts? Our Thomas More College of Liberal Arts savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $29,300 for in-state students and $29,300 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Thomas More College of Liberal Arts college fund.
About Thomas More College of Liberal Arts
Thomas More College of Liberal Arts is a selective institution with 95 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Thomas More College of Liberal Arts education fund.
Current Thomas More College of Liberal Arts Costs
- In-State Tuition: $29,300 per year
- Out-of-State Tuition: $29,300 per year
- Total Students: 95
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Thomas More College of Liberal Arts.
Smart Savings Strategies for Thomas More College of Liberal Arts
Given the higher cost tuition costs at Thomas More College of Liberal Arts, 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 Thomas More College of Liberal Arts planning
3. Automatic Savings
Set up monthly transfers to consistently build your Thomas More College of Liberal Arts fund
4. Investment Growth
With Thomas More College of Liberal Arts's tuition costs, consider growth-oriented investments for long-term savings
Thomas More College of Liberal Arts Graduate Outcomes
- Median Earnings (10 years): $53,565
- Loan Repayment Rate: 33.0
- Value Rating: Concerning
These outcomes show concerning return on investment, making your Thomas More College of Liberal Arts savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Thomas More College of Liberal Arts costs $29,300 per year for in-state students and $29,300 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 Thomas More College of Liberal Arts is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $29,300 annual cost. Starting when your child is born gives you 18 years to save.
Thomas More College of Liberal Arts has a N/A admission rate, making it selective. With 95 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Thomas More College of Liberal Arts graduates earn a median salary of $53,565 ten years after graduation, with a 33.0 loan repayment rate. This represents concerning value given the $29,300 tuition cost.
Use our Thomas More College of Liberal Arts 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 $29,300 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 $126,287 total cost by $83,215. To fully fund college, you'd need to save at least $293 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $126,287 total cost by $18,606. To fully fund college, you'd need to save at least $293 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $126,287 total cost for 4 years at Thomas More College of Liberal Arts with $89,074 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $126,287 total cost for 4 years at Thomas More College of Liberal Arts with $304,434 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $126,287 total cost for 4 years at Thomas More College of Liberal Arts with $950,516 extra for additional expenses.