Utica University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Utica University? Our Utica University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $24,308 for in-state students and $24,308 for out-of-state students, plus a 87.2% admission rate, strategic financial planning is essential for your Utica University college fund.
About Utica University
Utica University is a highly selective institution with 2,477 students. The college maintains high academic standards with average SAT scores of 1120 and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Utica University education fund.
Current Utica University Costs
- In-State Tuition: $24,308 per year
- Out-of-State Tuition: $24,308 per year
- Total Students: 2,477
- Admission Rate: 87.2%
Use our calculator above to determine your personalized savings plan for Utica University.
Smart Savings Strategies for Utica University
Given the moderate cost tuition costs at Utica University, 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 Utica University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Utica University fund
4. Investment Growth
With Utica University's tuition costs, consider growth-oriented investments for long-term savings
Utica University Graduate Outcomes
- Median Earnings (10 years): $63,277
- Loan Repayment Rate: 1750.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Utica University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Utica University costs $24,308 per year for in-state students and $24,308 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 Utica University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $24,308 annual cost. Starting when your child is born gives you 18 years to save.
Utica University has a 87.2% admission rate, making it highly competitive. With 2,477 total students and average test scores of 1120 SAT and N/A ACT, preparation and planning are important.
Utica University graduates earn a median salary of $63,277 ten years after graduation, with a 1750.0 loan repayment rate. This represents positive value given the $24,308 tuition cost.
Use our Utica University 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 $24,308 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 $104,771 total cost by $61,698. To fully fund college, you'd need to save at least $243 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $104,771 total cost for 4 years at Utica University with $2,910 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $104,771 total cost for 4 years at Utica University with $110,590 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $104,771 total cost for 4 years at Utica University with $325,951 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $104,771 total cost for 4 years at Utica University with $972,032 extra for additional expenses.