University of Louisiana at Lafayette 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 Louisiana at Lafayette? Our University of Louisiana at Lafayette savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $10,418 for in-state students and $24,146 for out-of-state students, plus a 88.8% admission rate, strategic financial planning is essential for your University of Louisiana at Lafayette college fund.
About University of Louisiana at Lafayette
University of Louisiana at Lafayette is a highly selective institution with 12,269 students. The college maintains high academic standards with average SAT scores of 1187 and ACT scores of 25.0. Understanding these costs upfront allows families to create an effective savings strategy for their University of Louisiana at Lafayette education fund.
Current University of Louisiana at Lafayette Costs
- In-State Tuition: $10,418 per year
- Out-of-State Tuition: $24,146 per year
- Total Students: 12,269
- Admission Rate: 88.8%
Use our calculator above to determine your personalized savings plan for University of Louisiana at Lafayette.
Smart Savings Strategies for University of Louisiana at Lafayette
Given the affordable tuition costs at University of Louisiana at Lafayette, 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 Louisiana at Lafayette planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Louisiana at Lafayette fund
4. Investment Growth
With University of Louisiana at Lafayette's tuition costs, consider growth-oriented investments for long-term savings
University of Louisiana at Lafayette Graduate Outcomes
- Median Earnings (10 years): $47,089
- Loan Repayment Rate: 3828.0
- Value Rating: Good
These outcomes show positive return on investment, making your University of Louisiana at Lafayette savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Louisiana at Lafayette costs $10,418 per year for in-state students and $24,146 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 Louisiana at Lafayette is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $10,418 annual cost. Starting when your child is born gives you 18 years to save.
University of Louisiana at Lafayette has a 88.8% admission rate, making it highly competitive. With 12,269 total students and average test scores of 1187 SAT and 25.0 ACT, preparation and planning are important.
University of Louisiana at Lafayette graduates earn a median salary of $47,089 ten years after graduation, with a 3828.0 loan repayment rate. This represents positive value given the $10,418 tuition cost.
Use our University of Louisiana at Lafayette 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 $10,418 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 $44,903 total cost by $1,831. To fully fund college, you'd need to save at least $104 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $44,903 total cost for 4 years at University of Louisiana at Lafayette with $62,777 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $44,903 total cost for 4 years at University of Louisiana at Lafayette with $170,458 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $44,903 total cost for 4 years at University of Louisiana at Lafayette with $385,818 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $44,903 total cost for 4 years at University of Louisiana at Lafayette with $1,031,900 extra for additional expenses.