University of Maine at Presque Isle Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for University of Maine at Presque Isle? Our University of Maine at Presque Isle savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $8,990 for in-state students and $14,270 for out-of-state students, plus a 97.1% admission rate, strategic financial planning is essential for your University of Maine at Presque Isle college fund.
About University of Maine at Presque Isle
University of Maine at Presque Isle is a highly selective institution with 1,362 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their University of Maine at Presque Isle education fund.
Current University of Maine at Presque Isle Costs
- In-State Tuition: $8,990 per year
- Out-of-State Tuition: $14,270 per year
- Total Students: 1,362
- Admission Rate: 97.1%
Use our calculator above to determine your personalized savings plan for University of Maine at Presque Isle.
Smart Savings Strategies for University of Maine at Presque Isle
Given the affordable tuition costs at University of Maine at Presque Isle, 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 Maine at Presque Isle planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Maine at Presque Isle fund
4. Investment Growth
With University of Maine at Presque Isle's tuition costs, consider growth-oriented investments for long-term savings
University of Maine at Presque Isle Graduate Outcomes
- Median Earnings (10 years): $40,956
- Loan Repayment Rate: 582.0
- Value Rating: Good
These outcomes show positive return on investment, making your University of Maine at Presque Isle savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Maine at Presque Isle costs $8,990 per year for in-state students and $14,270 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 Maine at Presque Isle is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $8,990 annual cost. Starting when your child is born gives you 18 years to save.
University of Maine at Presque Isle has a 97.1% admission rate, making it highly competitive. With 1,362 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
University of Maine at Presque Isle graduates earn a median salary of $40,956 ten years after graduation, with a 582.0 loan repayment rate. This represents positive value given the $8,990 tuition cost.
Use our University of Maine at Presque Isle 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 $8,990 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $38,748 total cost for 4 years at University of Maine at Presque Isle with $4,324 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $38,748 total cost for 4 years at University of Maine at Presque Isle with $68,932 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $38,748 total cost for 4 years at University of Maine at Presque Isle with $176,612 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $38,748 total cost for 4 years at University of Maine at Presque Isle with $391,973 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $38,748 total cost for 4 years at University of Maine at Presque Isle with $1,038,055 extra for additional expenses.