William Penn 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 Penn University? Our William Penn University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $28,750 for in-state students and $28,750 for out-of-state students, plus a 57.0% admission rate, strategic financial planning is essential for your William Penn University college fund.
About William Penn University
William Penn University is a highly selective institution with 1,391 students. The college maintains high academic standards with average SAT scores of 965 and ACT scores of 19.0. Understanding these costs upfront allows families to create an effective savings strategy for their William Penn University education fund.
Current William Penn University Costs
- In-State Tuition: $28,750 per year
- Out-of-State Tuition: $28,750 per year
- Total Students: 1,391
- Admission Rate: 57.0%
Use our calculator above to determine your personalized savings plan for William Penn University.
Smart Savings Strategies for William Penn University
Given the higher cost tuition costs at William Penn 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 Penn University planning
3. Automatic Savings
Set up monthly transfers to consistently build your William Penn University fund
4. Investment Growth
With William Penn University's tuition costs, consider growth-oriented investments for long-term savings
William Penn University Graduate Outcomes
- Median Earnings (10 years): $48,936
- Loan Repayment Rate: 1218.0
- Value Rating: Good
These outcomes show positive return on investment, making your William Penn University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
William Penn University costs $28,750 per year for in-state students and $28,750 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 Penn University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $28,750 annual cost. Starting when your child is born gives you 18 years to save.
William Penn University has a 57.0% admission rate, making it highly competitive. With 1,391 total students and average test scores of 965 SAT and 19.0 ACT, preparation and planning are important.
William Penn University graduates earn a median salary of $48,936 ten years after graduation, with a 1218.0 loan repayment rate. This represents positive value given the $28,750 tuition cost.
Use our William Penn 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 $28,750 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 $123,916 total cost by $80,844. To fully fund college, you'd need to save at least $288 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $123,916 total cost by $16,236. To fully fund college, you'd need to save at least $288 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $123,916 total cost for 4 years at William Penn University with $91,444 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $123,916 total cost for 4 years at William Penn University with $306,805 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $123,916 total cost for 4 years at William Penn University with $952,886 extra for additional expenses.