Virginia Commonwealth University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Virginia Commonwealth University? Our Virginia Commonwealth University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $16,458 for in-state students and $39,042 for out-of-state students, plus a 93.1% admission rate, strategic financial planning is essential for your Virginia Commonwealth University college fund.
About Virginia Commonwealth University
Virginia Commonwealth University is a highly selective institution with 20,797 students. The college maintains high academic standards with average SAT scores of 1150 and ACT scores of 26.0. Understanding these costs upfront allows families to create an effective savings strategy for their Virginia Commonwealth University education fund.
Current Virginia Commonwealth University Costs
- In-State Tuition: $16,458 per year
- Out-of-State Tuition: $39,042 per year
- Total Students: 20,797
- Admission Rate: 93.1%
Use our calculator above to determine your personalized savings plan for Virginia Commonwealth University.
Smart Savings Strategies for Virginia Commonwealth University
Given the moderate cost tuition costs at Virginia Commonwealth 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 Virginia Commonwealth University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Virginia Commonwealth University fund
4. Investment Growth
With Virginia Commonwealth University's tuition costs, consider growth-oriented investments for long-term savings
Virginia Commonwealth University Graduate Outcomes
- Median Earnings (10 years): $58,128
- Loan Repayment Rate: 8863.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Virginia Commonwealth University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Virginia Commonwealth University costs $16,458 per year for in-state students and $39,042 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 Virginia Commonwealth University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $16,458 annual cost. Starting when your child is born gives you 18 years to save.
Virginia Commonwealth University has a 93.1% admission rate, making it highly competitive. With 20,797 total students and average test scores of 1150 SAT and 26.0 ACT, preparation and planning are important.
Virginia Commonwealth University graduates earn a median salary of $58,128 ten years after graduation, with a 8863.0 loan repayment rate. This represents positive value given the $16,458 tuition cost.
Use our Virginia Commonwealth 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 $16,458 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 $70,936 total cost by $27,864. To fully fund college, you'd need to save at least $165 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $70,936 total cost for 4 years at Virginia Commonwealth University with $36,744 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $70,936 total cost for 4 years at Virginia Commonwealth University with $144,424 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $70,936 total cost for 4 years at Virginia Commonwealth University with $359,785 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $70,936 total cost for 4 years at Virginia Commonwealth University with $1,005,867 extra for additional expenses.