Washburn Institute of Technology Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Washburn Institute of Technology? Our Washburn Institute of Technology savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $9,120 for in-state students and $9,120 for out-of-state students, plus a 40.8% admission rate, strategic financial planning is essential for your Washburn Institute of Technology college fund.
About Washburn Institute of Technology
Washburn Institute of Technology is a highly selective institution with 490 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Washburn Institute of Technology education fund.
Current Washburn Institute of Technology Costs
- In-State Tuition: $9,120 per year
- Out-of-State Tuition: $9,120 per year
- Total Students: 490
- Admission Rate: 40.8%
Use our calculator above to determine your personalized savings plan for Washburn Institute of Technology.
Smart Savings Strategies for Washburn Institute of Technology
Given the affordable tuition costs at Washburn Institute of Technology, 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 Washburn Institute of Technology planning
3. Automatic Savings
Set up monthly transfers to consistently build your Washburn Institute of Technology fund
4. Investment Growth
With Washburn Institute of Technology's tuition costs, consider growth-oriented investments for long-term savings
Washburn Institute of Technology Graduate Outcomes
- Median Earnings (10 years): $49,774
- Loan Repayment Rate: 3597.0
- Value Rating: Good
These outcomes show positive return on investment, making your Washburn Institute of Technology savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Washburn Institute of Technology costs $9,120 per year for in-state students and $9,120 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 Washburn Institute of Technology is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $9,120 annual cost. Starting when your child is born gives you 18 years to save.
Washburn Institute of Technology has a 40.8% admission rate, making it highly competitive. With 490 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Washburn Institute of Technology graduates earn a median salary of $49,774 ten years after graduation, with a 3597.0 loan repayment rate. This represents positive value given the $9,120 tuition cost.
Use our Washburn Institute of Technology 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 $9,120 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $39,308 total cost for 4 years at Washburn Institute of Technology with $3,764 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $39,308 total cost for 4 years at Washburn Institute of Technology with $68,372 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $39,308 total cost for 4 years at Washburn Institute of Technology with $176,052 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $39,308 total cost for 4 years at Washburn Institute of Technology with $391,413 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $39,308 total cost for 4 years at Washburn Institute of Technology with $1,037,494 extra for additional expenses.