University of Wisconsin-Milwaukee 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 Wisconsin-Milwaukee? Our University of Wisconsin-Milwaukee savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $10,020 for in-state students and $22,020 for out-of-state students, plus a 88.4% admission rate, strategic financial planning is essential for your University of Wisconsin-Milwaukee college fund.
About University of Wisconsin-Milwaukee
University of Wisconsin-Milwaukee is a highly selective institution with 16,762 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of 21.0. Understanding these costs upfront allows families to create an effective savings strategy for their University of Wisconsin-Milwaukee education fund.
Current University of Wisconsin-Milwaukee Costs
- In-State Tuition: $10,020 per year
- Out-of-State Tuition: $22,020 per year
- Total Students: 16,762
- Admission Rate: 88.4%
Use our calculator above to determine your personalized savings plan for University of Wisconsin-Milwaukee.
Smart Savings Strategies for University of Wisconsin-Milwaukee
Given the affordable tuition costs at University of Wisconsin-Milwaukee, 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 Wisconsin-Milwaukee planning
3. Automatic Savings
Set up monthly transfers to consistently build your University of Wisconsin-Milwaukee fund
4. Investment Growth
With University of Wisconsin-Milwaukee's tuition costs, consider growth-oriented investments for long-term savings
University of Wisconsin-Milwaukee Graduate Outcomes
- Median Earnings (10 years): $54,990
- Loan Repayment Rate: 11922.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your University of Wisconsin-Milwaukee savings strategy more compelling from a financial perspective.
Frequently Asked Questions
University of Wisconsin-Milwaukee costs $10,020 per year for in-state students and $22,020 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 Wisconsin-Milwaukee is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $10,020 annual cost. Starting when your child is born gives you 18 years to save.
University of Wisconsin-Milwaukee has a 88.4% admission rate, making it highly competitive. With 16,762 total students and average test scores of N/A SAT and 21.0 ACT, preparation and planning are important.
University of Wisconsin-Milwaukee graduates earn a median salary of $54,990 ten years after graduation, with a 11922.0 loan repayment rate. This represents positive value given the $10,020 tuition cost.
Use our University of Wisconsin-Milwaukee 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 $10,020 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 $43,187 total cost by $115. To fully fund college, you'd need to save at least $100 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $43,187 total cost for 4 years at University of Wisconsin-Milwaukee with $64,493 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $43,187 total cost for 4 years at University of Wisconsin-Milwaukee with $172,173 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $43,187 total cost for 4 years at University of Wisconsin-Milwaukee with $387,534 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $43,187 total cost for 4 years at University of Wisconsin-Milwaukee with $1,033,615 extra for additional expenses.