University of Mary 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 Mary? Our University of Mary savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $21,468 for in-state students and $21,468 for out-of-state students, plus a 78.3% admission rate, strategic financial planning is essential for your University of Mary college fund.
About University of Mary
University of Mary is a highly selective institution with 2,280 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 Mary education fund.
Current University of Mary Costs
- In-State Tuition: $21,468 per year
- Out-of-State Tuition: $21,468 per year
- Total Students: 2,280
- Admission Rate: 78.3%
Use our calculator above to determine your personalized savings plan for University of Mary.
Smart Savings Strategies for University of Mary
Given the moderate cost tuition costs at University of Mary, 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 Mary planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Mary fund
4. Investment Growth
With University of Mary's tuition costs, consider growth-oriented investments for long-term savings
University of Mary Graduate Outcomes
- Median Earnings (10 years): $60,909
- Loan Repayment Rate: 1260.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your University of Mary savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Mary costs $21,468 per year for in-state students and $21,468 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 Mary is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $21,468 annual cost. Starting when your child is born gives you 18 years to save.
University of Mary has a 78.3% admission rate, making it highly competitive. With 2,280 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
University of Mary graduates earn a median salary of $60,909 ten years after graduation, with a 1260.0 loan repayment rate. This represents positive value given the $21,468 tuition cost.
Use our University of Mary 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 $21,468 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 $92,530 total cost by $49,458. To fully fund college, you'd need to save at least $215 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $92,530 total cost for 4 years at University of Mary with $15,150 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $92,530 total cost for 4 years at University of Mary with $122,831 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $92,530 total cost for 4 years at University of Mary with $338,191 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $92,530 total cost for 4 years at University of Mary with $984,273 extra for additional expenses.