University of Akron Wayne College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for University of Akron Wayne College? Our University of Akron Wayne College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $7,699 for in-state students and $14,372 for out-of-state students, plus a 80.5% admission rate, strategic financial planning is essential for your University of Akron Wayne College college fund.
About University of Akron Wayne College
University of Akron Wayne College is a highly selective institution with 489 students. The college maintains high academic standards with average SAT scores of 1027 and ACT scores of 20.0. Understanding these costs upfront allows families to create an effective savings strategy for their University of Akron Wayne College education fund.
Current University of Akron Wayne College Costs
- In-State Tuition: $7,699 per year
- Out-of-State Tuition: $14,372 per year
- Total Students: 489
- Admission Rate: 80.5%
Use our calculator above to determine your personalized savings plan for University of Akron Wayne College.
Smart Savings Strategies for University of Akron Wayne College
Given the affordable tuition costs at University of Akron Wayne College, 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 University of Akron Wayne College planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Akron Wayne College fund
4. Investment Growth
With University of Akron Wayne College's tuition costs, consider growth-oriented investments for long-term savings
University of Akron Wayne College Graduate Outcomes
- Median Earnings (10 years): $46,600
- Loan Repayment Rate: 13224.0
- Value Rating: Good
These outcomes show positive return on investment, making your University of Akron Wayne College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Akron Wayne College costs $7,699 per year for in-state students and $14,372 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 University of Akron Wayne College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $7,699 annual cost. Starting when your child is born gives you 18 years to save.
University of Akron Wayne College has a 80.5% admission rate, making it highly competitive. With 489 total students and average test scores of 1027 SAT and 20.0 ACT, preparation and planning are important.
University of Akron Wayne College graduates earn a median salary of $46,600 ten years after graduation, with a 13224.0 loan repayment rate. This represents positive value given the $7,699 tuition cost.
Use our University of Akron Wayne College 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 $7,699 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $33,184 total cost for 4 years at University of Akron Wayne College with $9,888 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $33,184 total cost for 4 years at University of Akron Wayne College with $74,497 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $33,184 total cost for 4 years at University of Akron Wayne College with $182,177 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $33,184 total cost for 4 years at University of Akron Wayne College with $397,537 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $33,184 total cost for 4 years at University of Akron Wayne College with $1,043,619 extra for additional expenses.