Wilmington College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Wilmington College? Our Wilmington College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $30,962 for in-state students and $30,962 for out-of-state students, plus a 84.6% admission rate, strategic financial planning is essential for your Wilmington College college fund.
About Wilmington College
Wilmington College is a highly selective institution with 924 students. The college maintains high academic standards with average SAT scores of 955 and ACT scores of 20.0. Understanding these costs upfront allows families to create an effective savings strategy for their Wilmington College education fund.
Current Wilmington College Costs
- In-State Tuition: $30,962 per year
- Out-of-State Tuition: $30,962 per year
- Total Students: 924
- Admission Rate: 84.6%
Use our calculator above to determine your personalized savings plan for Wilmington College.
Smart Savings Strategies for Wilmington College
Given the higher cost tuition costs at Wilmington 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 Wilmington College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Wilmington College fund
4. Investment Growth
With Wilmington College's tuition costs, consider growth-oriented investments for long-term savings
Wilmington College Graduate Outcomes
- Median Earnings (10 years): $48,491
- Loan Repayment Rate: 871.0
- Value Rating: Good
These outcomes show positive return on investment, making your Wilmington College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Wilmington College costs $30,962 per year for in-state students and $30,962 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 Wilmington College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $30,962 annual cost. Starting when your child is born gives you 18 years to save.
Wilmington College has a 84.6% admission rate, making it highly competitive. With 924 total students and average test scores of 955 SAT and 20.0 ACT, preparation and planning are important.
Wilmington College graduates earn a median salary of $48,491 ten years after graduation, with a 871.0 loan repayment rate. This represents positive value given the $30,962 tuition cost.
Use our Wilmington 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 $30,962 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 $133,450 total cost by $90,378. To fully fund college, you'd need to save at least $310 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $133,450 total cost by $25,770. To fully fund college, you'd need to save at least $310 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $133,450 total cost for 4 years at Wilmington College with $81,910 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $133,450 total cost for 4 years at Wilmington College with $297,271 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $133,450 total cost for 4 years at Wilmington College with $943,352 extra for additional expenses.