Wentworth Institute of Technology Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Wentworth Institute of Technology? Our Wentworth 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 $41,010 for in-state students and $41,010 for out-of-state students, plus a 85.4% admission rate, strategic financial planning is essential for your Wentworth Institute of Technology college fund.
About Wentworth Institute of Technology
Wentworth Institute of Technology is a highly selective institution with 3,641 students. The college maintains high academic standards with average SAT scores of 1230 and ACT scores of 28.0. Understanding these costs upfront allows families to create an effective savings strategy for their Wentworth Institute of Technology education fund.
Current Wentworth Institute of Technology Costs
- In-State Tuition: $41,010 per year
- Out-of-State Tuition: $41,010 per year
- Total Students: 3,641
- Admission Rate: 85.4%
Use our calculator above to determine your personalized savings plan for Wentworth Institute of Technology.
Smart Savings Strategies for Wentworth Institute of Technology
Given the premium cost tuition costs at Wentworth 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 Wentworth Institute of Technology planning
3. Automatic Savings
Set up monthly transfers to consistently build your Wentworth Institute of Technology fund
4. Investment Growth
With Wentworth Institute of Technology's tuition costs, consider growth-oriented investments for long-term savings
Wentworth Institute of Technology Graduate Outcomes
- Median Earnings (10 years): $82,721
- Loan Repayment Rate: 1781.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Wentworth Institute of Technology savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Wentworth Institute of Technology costs $41,010 per year for in-state students and $41,010 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 Wentworth Institute of Technology is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $41,010 annual cost. Starting when your child is born gives you 18 years to save.
Wentworth Institute of Technology has a 85.4% admission rate, making it highly competitive. With 3,641 total students and average test scores of 1230 SAT and 28.0 ACT, preparation and planning are important.
Wentworth Institute of Technology graduates earn a median salary of $82,721 ten years after graduation, with a 1781.0 loan repayment rate. This represents positive value given the $41,010 tuition cost.
Use our Wentworth 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 $41,010 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 $176,758 total cost by $133,686. To fully fund college, you'd need to save at least $410 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $176,758 total cost by $69,078. To fully fund college, you'd need to save at least $410 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $176,758 total cost for 4 years at Wentworth Institute of Technology with $38,602 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $176,758 total cost for 4 years at Wentworth Institute of Technology with $253,963 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $176,758 total cost for 4 years at Wentworth Institute of Technology with $900,044 extra for additional expenses.