Westminster College 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 Westminster College? Our Westminster College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $34,188 for in-state students and $34,188 for out-of-state students, plus a 77.6% admission rate, strategic financial planning is essential for your Westminster College college fund.
About Westminster College
Westminster College is a highly selective institution with 592 students. The college maintains high academic standards with average SAT scores of 1000 and ACT scores of 20.5. Understanding these costs upfront allows families to create an effective savings strategy for their Westminster College education fund.
Current Westminster College Costs
- In-State Tuition: $34,188 per year
- Out-of-State Tuition: $34,188 per year
- Total Students: 592
- Admission Rate: 77.6%
Use our calculator above to determine your personalized savings plan for Westminster College.
Smart Savings Strategies for Westminster College
Given the higher cost tuition costs at Westminster 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 Westminster College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Westminster College fund
4. Investment Growth
With Westminster College's tuition costs, consider growth-oriented investments for long-term savings
Westminster College Graduate Outcomes
- Median Earnings (10 years): $52,199
- Loan Repayment Rate: 444.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Westminster College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Westminster College costs $34,188 per year for in-state students and $34,188 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 Westminster College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $34,188 annual cost. Starting when your child is born gives you 18 years to save.
Westminster College has a 77.6% admission rate, making it highly competitive. With 592 total students and average test scores of 1000 SAT and 20.5 ACT, preparation and planning are important.
Westminster College graduates earn a median salary of $52,199 ten years after graduation, with a 444.0 loan repayment rate. This represents positive value given the $34,188 tuition cost.
Use our Westminster 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 $34,188 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 $147,355 total cost by $104,282. To fully fund college, you'd need to save at least $342 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $147,355 total cost by $39,674. To fully fund college, you'd need to save at least $342 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $147,355 total cost for 4 years at Westminster College with $68,006 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $147,355 total cost for 4 years at Westminster College with $283,366 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $147,355 total cost for 4 years at Westminster College with $929,448 extra for additional expenses.