University of Louisville 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 Louisville? Our University of Louisville savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $12,828 for in-state students and $29,174 for out-of-state students, plus a 80.5% admission rate, strategic financial planning is essential for your University of Louisville college fund.
About University of Louisville
University of Louisville is a highly selective institution with 14,187 students. The college maintains high academic standards with average SAT scores of 1135 and ACT scores of 23.0. Understanding these costs upfront allows families to create an effective savings strategy for their University of Louisville education fund.
Current University of Louisville Costs
- In-State Tuition: $12,828 per year
- Out-of-State Tuition: $29,174 per year
- Total Students: 14,187
- Admission Rate: 80.5%
Use our calculator above to determine your personalized savings plan for University of Louisville.
Smart Savings Strategies for University of Louisville
Given the affordable tuition costs at University of Louisville, 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 Louisville planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Louisville fund
4. Investment Growth
With University of Louisville's tuition costs, consider growth-oriented investments for long-term savings
University of Louisville Graduate Outcomes
- Median Earnings (10 years): $53,899
- Loan Repayment Rate: 6171.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your University of Louisville savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Louisville costs $12,828 per year for in-state students and $29,174 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 Louisville is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $12,828 annual cost. Starting when your child is born gives you 18 years to save.
University of Louisville has a 80.5% admission rate, making it highly competitive. With 14,187 total students and average test scores of 1135 SAT and 23.0 ACT, preparation and planning are important.
University of Louisville graduates earn a median salary of $53,899 ten years after graduation, with a 6171.0 loan repayment rate. This represents positive value given the $12,828 tuition cost.
Use our University of Louisville 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 $12,828 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 $55,290 total cost by $12,218. To fully fund college, you'd need to save at least $128 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $55,290 total cost for 4 years at University of Louisville with $52,390 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $55,290 total cost for 4 years at University of Louisville with $160,070 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $55,290 total cost for 4 years at University of Louisville with $375,431 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $55,290 total cost for 4 years at University of Louisville with $1,021,512 extra for additional expenses.