Wellesley College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Wellesley College? Our Wellesley College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $64,320 for in-state students and $64,320 for out-of-state students, plus a 13.9% admission rate, strategic financial planning is essential for your Wellesley College college fund.
About Wellesley College
Wellesley College is a highly selective institution with 2,318 students. The college maintains high academic standards with average SAT scores of 1495 and ACT scores of 34.0. Understanding these costs upfront allows families to create an effective savings strategy for their Wellesley College education fund.
Current Wellesley College Costs
- In-State Tuition: $64,320 per year
- Out-of-State Tuition: $64,320 per year
- Total Students: 2,318
- Admission Rate: 13.9%
Use our calculator above to determine your personalized savings plan for Wellesley College.
Smart Savings Strategies for Wellesley College
Given the premium cost tuition costs at Wellesley College, 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 Wellesley College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Wellesley College fund
4. Investment Growth
With Wellesley College's tuition costs, consider growth-oriented investments for long-term savings
Wellesley College Graduate Outcomes
- Median Earnings (10 years): $84,803
- Loan Repayment Rate: 364.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Wellesley College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Wellesley College costs $64,320 per year for in-state students and $64,320 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 Wellesley College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $64,320 annual cost. Starting when your child is born gives you 18 years to save.
Wellesley College has a 13.9% admission rate, making it highly competitive. With 2,318 total students and average test scores of 1495 SAT and 34.0 ACT, preparation and planning are important.
Wellesley College graduates earn a median salary of $84,803 ten years after graduation, with a 364.0 loan repayment rate. This represents positive value given the $64,320 tuition cost.
Use our Wellesley College 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 $64,320 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 $277,227 total cost by $234,155. To fully fund college, you'd need to save at least $644 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $277,227 total cost by $169,547. To fully fund college, you'd need to save at least $644 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This falls short of the estimated $277,227 total cost by $61,867. To fully fund college, you'd need to save at least $644 monthly.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $277,227 total cost for 4 years at Wellesley College with $153,494 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $277,227 total cost for 4 years at Wellesley College with $799,575 extra for additional expenses.