University of Connecticut 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 Connecticut? Our University of Connecticut savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $20,366 for in-state students and $43,034 for out-of-state students, plus a 54.0% admission rate, strategic financial planning is essential for your University of Connecticut college fund.
About University of Connecticut
University of Connecticut is a highly selective institution with 19,147 students. The college maintains high academic standards with average SAT scores of 1315 and ACT scores of 31.0. Understanding these costs upfront allows families to create an effective savings strategy for their University of Connecticut education fund.
Current University of Connecticut Costs
- In-State Tuition: $20,366 per year
- Out-of-State Tuition: $43,034 per year
- Total Students: 19,147
- Admission Rate: 54.0%
Use our calculator above to determine your personalized savings plan for University of Connecticut.
Smart Savings Strategies for University of Connecticut
Given the moderate cost tuition costs at University of Connecticut, 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 Connecticut planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Connecticut fund
4. Investment Growth
With University of Connecticut's tuition costs, consider growth-oriented investments for long-term savings
University of Connecticut Graduate Outcomes
- Median Earnings (10 years): $73,997
- Loan Repayment Rate: 7657.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your University of Connecticut savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Connecticut costs $20,366 per year for in-state students and $43,034 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 Connecticut is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $20,366 annual cost. Starting when your child is born gives you 18 years to save.
University of Connecticut has a 54.0% admission rate, making it highly competitive. With 19,147 total students and average test scores of 1315 SAT and 31.0 ACT, preparation and planning are important.
University of Connecticut graduates earn a median salary of $73,997 ten years after graduation, with a 7657.0 loan repayment rate. This represents positive value given the $20,366 tuition cost.
Use our University of Connecticut 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 $20,366 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 $87,780 total cost by $44,708. To fully fund college, you'd need to save at least $204 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $87,780 total cost for 4 years at University of Connecticut with $19,900 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $87,780 total cost for 4 years at University of Connecticut with $127,581 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $87,780 total cost for 4 years at University of Connecticut with $342,941 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $87,780 total cost for 4 years at University of Connecticut with $989,023 extra for additional expenses.