Wilkes University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Wilkes University? Our Wilkes University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $42,286 for in-state students and $42,286 for out-of-state students, plus a 91.5% admission rate, strategic financial planning is essential for your Wilkes University college fund.
About Wilkes University
Wilkes University is a highly selective institution with 1,893 students. The college maintains high academic standards with average SAT scores of 1146 and ACT scores of 24.5. Understanding these costs upfront allows families to create an effective savings strategy for their Wilkes University education fund.
Current Wilkes University Costs
- In-State Tuition: $42,286 per year
- Out-of-State Tuition: $42,286 per year
- Total Students: 1,893
- Admission Rate: 91.5%
Use our calculator above to determine your personalized savings plan for Wilkes University.
Smart Savings Strategies for Wilkes University
Given the premium cost tuition costs at Wilkes University, 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 Wilkes University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Wilkes University fund
4. Investment Growth
With Wilkes University's tuition costs, consider growth-oriented investments for long-term savings
Wilkes University Graduate Outcomes
- Median Earnings (10 years): $63,454
- Loan Repayment Rate: 1208.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Wilkes University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Wilkes University costs $42,286 per year for in-state students and $42,286 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 Wilkes University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $42,286 annual cost. Starting when your child is born gives you 18 years to save.
Wilkes University has a 91.5% admission rate, making it highly competitive. With 1,893 total students and average test scores of 1146 SAT and 24.5 ACT, preparation and planning are important.
Wilkes University graduates earn a median salary of $63,454 ten years after graduation, with a 1208.0 loan repayment rate. This represents positive value given the $42,286 tuition cost.
Use our Wilkes University 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 $42,286 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 $182,258 total cost by $139,186. To fully fund college, you'd need to save at least $423 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $182,258 total cost by $74,578. To fully fund college, you'd need to save at least $423 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $182,258 total cost for 4 years at Wilkes University with $33,103 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $182,258 total cost for 4 years at Wilkes University with $248,463 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $182,258 total cost for 4 years at Wilkes University with $894,545 extra for additional expenses.