William & Mary Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for William & Mary? Our William & Mary savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $25,040 for in-state students and $49,412 for out-of-state students, plus a 32.7% admission rate, strategic financial planning is essential for your William & Mary college fund.
About William & Mary
William & Mary is a highly selective institution with 6,949 students. The college maintains high academic standards with average SAT scores of 1437 and ACT scores of 33.0. Understanding these costs upfront allows families to create an effective savings strategy for their William & Mary education fund.
Current William & Mary Costs
- In-State Tuition: $25,040 per year
- Out-of-State Tuition: $49,412 per year
- Total Students: 6,949
- Admission Rate: 32.7%
Use our calculator above to determine your personalized savings plan for William & Mary.
Smart Savings Strategies for William & Mary
Given the higher cost tuition costs at William & Mary, 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 & Mary planning
3. Automatic Savings
Set up monthly transfers to consistently build your William & Mary fund
4. Investment Growth
With William & Mary's tuition costs, consider growth-oriented investments for long-term savings
William & Mary Graduate Outcomes
- Median Earnings (10 years): $73,490
- Loan Repayment Rate: 1232.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your William & Mary savings strategy more compelling from a financial perspective.
Frequently Asked Questions
William & Mary costs $25,040 per year for in-state students and $49,412 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 & Mary is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $25,040 annual cost. Starting when your child is born gives you 18 years to save.
William & Mary has a 32.7% admission rate, making it highly competitive. With 6,949 total students and average test scores of 1437 SAT and 33.0 ACT, preparation and planning are important.
William & Mary graduates earn a median salary of $73,490 ten years after graduation, with a 1232.0 loan repayment rate. This represents positive value given the $25,040 tuition cost.
Use our William & Mary 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 $25,040 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 $107,926 total cost by $64,853. To fully fund college, you'd need to save at least $251 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $107,926 total cost by $245. To fully fund college, you'd need to save at least $251 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $107,926 total cost for 4 years at William & Mary with $107,435 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $107,926 total cost for 4 years at William & Mary with $322,795 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $107,926 total cost for 4 years at William & Mary with $968,877 extra for additional expenses.