Washington University in St Louis Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Washington University in St Louis? Our Washington University in St Louis savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $62,982 for in-state students and $62,982 for out-of-state students, plus a 12.0% admission rate, strategic financial planning is essential for your Washington University in St Louis college fund.
About Washington University in St Louis
Washington University in St Louis is a highly selective institution with 7,897 students. The college maintains high academic standards with average SAT scores of 1535 and ACT scores of 34.0. Understanding these costs upfront allows families to create an effective savings strategy for their Washington University in St Louis education fund.
Current Washington University in St Louis Costs
- In-State Tuition: $62,982 per year
- Out-of-State Tuition: $62,982 per year
- Total Students: 7,897
- Admission Rate: 12.0%
Use our calculator above to determine your personalized savings plan for Washington University in St Louis.
Smart Savings Strategies for Washington University in St Louis
Given the premium cost tuition costs at Washington University in St Louis, 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 Washington University in St Louis planning
3. Automatic Savings
Set up monthly transfers to consistently build your Washington University in St Louis fund
4. Investment Growth
With Washington University in St Louis's tuition costs, consider growth-oriented investments for long-term savings
Washington University in St Louis Graduate Outcomes
- Median Earnings (10 years): $86,182
- Loan Repayment Rate: 1048.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Washington University in St Louis savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Washington University in St Louis costs $62,982 per year for in-state students and $62,982 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 Washington University in St Louis is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $62,982 annual cost. Starting when your child is born gives you 18 years to save.
Washington University in St Louis has a 12.0% admission rate, making it highly competitive. With 7,897 total students and average test scores of 1535 SAT and 34.0 ACT, preparation and planning are important.
Washington University in St Louis graduates earn a median salary of $86,182 ten years after graduation, with a 1048.0 loan repayment rate. This represents positive value given the $62,982 tuition cost.
Use our Washington University in St Louis 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 $62,982 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 $271,460 total cost by $228,388. To fully fund college, you'd need to save at least $630 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $271,460 total cost by $163,780. To fully fund college, you'd need to save at least $630 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $271,460 total cost by $56,100. To fully fund college, you'd need to save at least $630 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $271,460 total cost for 4 years at Washington University in St Louis with $159,261 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $271,460 total cost for 4 years at Washington University in St Louis with $805,342 extra for additional expenses.