University of Notre Dame 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 Notre Dame? Our University of Notre Dame savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $62,693 for in-state students and $62,693 for out-of-state students, plus a 12.4% admission rate, strategic financial planning is essential for your University of Notre Dame college fund.
About University of Notre Dame
University of Notre Dame is a highly selective institution with 8,923 students. The college maintains high academic standards with average SAT scores of 1490 and ACT scores of 34.0. Understanding these costs upfront allows families to create an effective savings strategy for their University of Notre Dame education fund.
Current University of Notre Dame Costs
- In-State Tuition: $62,693 per year
- Out-of-State Tuition: $62,693 per year
- Total Students: 8,923
- Admission Rate: 12.4%
Use our calculator above to determine your personalized savings plan for University of Notre Dame.
Smart Savings Strategies for University of Notre Dame
Given the premium cost tuition costs at University of Notre Dame, 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 Notre Dame planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Notre Dame fund
4. Investment Growth
With University of Notre Dame's tuition costs, consider growth-oriented investments for long-term savings
University of Notre Dame Graduate Outcomes
- Median Earnings (10 years): $99,980
- Loan Repayment Rate: 2001.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your University of Notre Dame savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Notre Dame costs $62,693 per year for in-state students and $62,693 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 Notre Dame is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $62,693 annual cost. Starting when your child is born gives you 18 years to save.
University of Notre Dame has a 12.4% admission rate, making it highly competitive. With 8,923 total students and average test scores of 1490 SAT and 34.0 ACT, preparation and planning are important.
University of Notre Dame graduates earn a median salary of $99,980 ten years after graduation, with a 2001.0 loan repayment rate. This represents positive value given the $62,693 tuition cost.
Use our University of Notre Dame 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 $62,693 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 $270,215 total cost by $227,143. To fully fund college, you'd need to save at least $627 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $270,215 total cost by $162,534. To fully fund college, you'd need to save at least $627 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $270,215 total cost by $54,854. To fully fund college, you'd need to save at least $627 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $270,215 total cost for 4 years at University of Notre Dame with $160,506 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $270,215 total cost for 4 years at University of Notre Dame with $806,588 extra for additional expenses.