Troy University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Troy University? Our Troy University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $9,792 for in-state students and $19,584 for out-of-state students, plus a 92.6% admission rate, strategic financial planning is essential for your Troy University college fund.
About Troy University
Troy University is a highly selective institution with 10,089 students. The college maintains high academic standards with average SAT scores of 1055 and ACT scores of 21.5. Understanding these costs upfront allows families to create an effective savings strategy for their Troy University education fund.
Current Troy University Costs
- In-State Tuition: $9,792 per year
- Out-of-State Tuition: $19,584 per year
- Total Students: 10,089
- Admission Rate: 92.6%
Use our calculator above to determine your personalized savings plan for Troy University.
Smart Savings Strategies for Troy University
Given the affordable tuition costs at Troy 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 Troy University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Troy University fund
4. Investment Growth
With Troy University's tuition costs, consider growth-oriented investments for long-term savings
Troy University Graduate Outcomes
- Median Earnings (10 years): $42,062
- Loan Repayment Rate: 11239.0
- Value Rating: Good
These outcomes show positive return on investment, making your Troy University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Troy University costs $9,792 per year for in-state students and $19,584 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 Troy University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $9,792 annual cost. Starting when your child is born gives you 18 years to save.
Troy University has a 92.6% admission rate, making it highly competitive. With 10,089 total students and average test scores of 1055 SAT and 21.5 ACT, preparation and planning are important.
Troy University graduates earn a median salary of $42,062 ten years after graduation, with a 11239.0 loan repayment rate. This represents positive value given the $9,792 tuition cost.
Use our Troy 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 $9,792 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $42,205 total cost for 4 years at Troy University with $867 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $42,205 total cost for 4 years at Troy University with $65,476 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $42,205 total cost for 4 years at Troy University with $173,156 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $42,205 total cost for 4 years at Troy University with $388,516 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $42,205 total cost for 4 years at Troy University with $1,034,598 extra for additional expenses.