University of Saint 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 Saint Mary? Our University of Saint Mary savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $33,890 for in-state students and $33,890 for out-of-state students, plus a 89.8% admission rate, strategic financial planning is essential for your University of Saint Mary college fund.
About University of Saint Mary
University of Saint Mary is a highly selective institution with 889 students. The college maintains high academic standards with average SAT scores of 1009 and ACT scores of 21.0. Understanding these costs upfront allows families to create an effective savings strategy for their University of Saint Mary education fund.
Current University of Saint Mary Costs
- In-State Tuition: $33,890 per year
- Out-of-State Tuition: $33,890 per year
- Total Students: 889
- Admission Rate: 89.8%
Use our calculator above to determine your personalized savings plan for University of Saint Mary.
Smart Savings Strategies for University of Saint Mary
Given the higher cost tuition costs at University of Saint 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 Saint Mary planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Saint Mary fund
4. Investment Growth
With University of Saint Mary's tuition costs, consider growth-oriented investments for long-term savings
University of Saint Mary Graduate Outcomes
- Median Earnings (10 years): $59,483
- Loan Repayment Rate: 486.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your University of Saint Mary savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Saint Mary costs $33,890 per year for in-state students and $33,890 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 Saint Mary is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $33,890 annual cost. Starting when your child is born gives you 18 years to save.
University of Saint Mary has a 89.8% admission rate, making it highly competitive. With 889 total students and average test scores of 1009 SAT and 21.0 ACT, preparation and planning are important.
University of Saint Mary graduates earn a median salary of $59,483 ten years after graduation, with a 486.0 loan repayment rate. This represents positive value given the $33,890 tuition cost.
Use our University of Saint 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 $33,890 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 $146,070 total cost by $102,998. To fully fund college, you'd need to save at least $339 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $146,070 total cost by $38,390. To fully fund college, you'd need to save at least $339 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $146,070 total cost for 4 years at University of Saint Mary with $69,290 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $146,070 total cost for 4 years at University of Saint Mary with $284,651 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $146,070 total cost for 4 years at University of Saint Mary with $930,732 extra for additional expenses.