William Carey University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for William Carey University? Our William Carey University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $14,685 for in-state students and $14,685 for out-of-state students, plus a 58.0% admission rate, strategic financial planning is essential for your William Carey University college fund.
About William Carey University
William Carey University is a highly selective institution with 1,818 students. The college maintains high academic standards with average SAT scores of 1040 and ACT scores of 23.5. Understanding these costs upfront allows families to create an effective savings strategy for their William Carey University education fund.
Current William Carey University Costs
- In-State Tuition: $14,685 per year
- Out-of-State Tuition: $14,685 per year
- Total Students: 1,818
- Admission Rate: 58.0%
Use our calculator above to determine your personalized savings plan for William Carey University.
Smart Savings Strategies for William Carey University
Given the affordable tuition costs at William Carey 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 William Carey University planning
3. Automatic Savings
Set up monthly transfers to consistently build your William Carey University fund
4. Investment Growth
With William Carey University's tuition costs, consider growth-oriented investments for long-term savings
William Carey University Graduate Outcomes
- Median Earnings (10 years): $43,087
- Loan Repayment Rate: 1441.0
- Value Rating: Good
These outcomes show positive return on investment, making your William Carey University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
William Carey University costs $14,685 per year for in-state students and $14,685 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 William Carey University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $14,685 annual cost. Starting when your child is born gives you 18 years to save.
William Carey University has a 58.0% admission rate, making it highly competitive. With 1,818 total students and average test scores of 1040 SAT and 23.5 ACT, preparation and planning are important.
William Carey University graduates earn a median salary of $43,087 ten years after graduation, with a 1441.0 loan repayment rate. This represents positive value given the $14,685 tuition cost.
Use our William Carey 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 $14,685 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 $63,294 total cost by $20,222. To fully fund college, you'd need to save at least $147 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $63,294 total cost for 4 years at William Carey University with $44,386 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $63,294 total cost for 4 years at William Carey University with $152,066 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $63,294 total cost for 4 years at William Carey University with $367,427 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $63,294 total cost for 4 years at William Carey University with $1,013,508 extra for additional expenses.