Wells College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Wells College? Our Wells College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $35,166 for in-state students and $35,166 for out-of-state students, plus a 69.7% admission rate, strategic financial planning is essential for your Wells College college fund.
About Wells College
Wells College is a highly selective institution with 355 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 Wells College education fund.
Current Wells College Costs
- In-State Tuition: $35,166 per year
- Out-of-State Tuition: $35,166 per year
- Total Students: 355
- Admission Rate: 69.7%
Use our calculator above to determine your personalized savings plan for Wells College.
Smart Savings Strategies for Wells College
Given the premium cost tuition costs at Wells 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 Wells College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Wells College fund
4. Investment Growth
With Wells College's tuition costs, consider growth-oriented investments for long-term savings
Wells College Graduate Outcomes
- Median Earnings (10 years): $51,094
- Loan Repayment Rate: 315.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Wells College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Wells College costs $35,166 per year for in-state students and $35,166 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 Wells College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $35,166 annual cost. Starting when your child is born gives you 18 years to save.
Wells College has a 69.7% admission rate, making it highly competitive. With 355 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Wells College graduates earn a median salary of $51,094 ten years after graduation, with a 315.0 loan repayment rate. This represents positive value given the $35,166 tuition cost.
Use our Wells 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 $35,166 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 $151,570 total cost by $108,498. To fully fund college, you'd need to save at least $352 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $151,570 total cost by $43,890. To fully fund college, you'd need to save at least $352 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $151,570 total cost for 4 years at Wells College with $63,791 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $151,570 total cost for 4 years at Wells College with $279,151 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $151,570 total cost for 4 years at Wells College with $925,233 extra for additional expenses.