Winston-Salem State University Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Winston-Salem State University? Our Winston-Salem State University savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $6,735 for in-state students and $17,391 for out-of-state students, plus a 68.6% admission rate, strategic financial planning is essential for your Winston-Salem State University college fund.
About Winston-Salem State University
Winston-Salem State University is a highly selective institution with 4,244 students. The college maintains high academic standards with average SAT scores of 935 and ACT scores of 16.0. Understanding these costs upfront allows families to create an effective savings strategy for their Winston-Salem State University education fund.
Current Winston-Salem State University Costs
- In-State Tuition: $6,735 per year
- Out-of-State Tuition: $17,391 per year
- Total Students: 4,244
- Admission Rate: 68.6%
Use our calculator above to determine your personalized savings plan for Winston-Salem State University.
Smart Savings Strategies for Winston-Salem State University
Given the affordable tuition costs at Winston-Salem State 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 Winston-Salem State University planning
3. Automatic Savings
Set up monthly transfers to consistently build your Winston-Salem State University fund
4. Investment Growth
With Winston-Salem State University's tuition costs, consider growth-oriented investments for long-term savings
Winston-Salem State University Graduate Outcomes
- Median Earnings (10 years): $45,344
- Loan Repayment Rate: 3176.0
- Value Rating: Good
These outcomes show positive return on investment, making your Winston-Salem State University savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Winston-Salem State University costs $6,735 per year for in-state students and $17,391 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 Winston-Salem State University is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $6,735 annual cost. Starting when your child is born gives you 18 years to save.
Winston-Salem State University has a 68.6% admission rate, making it highly competitive. With 4,244 total students and average test scores of 935 SAT and 16.0 ACT, preparation and planning are important.
Winston-Salem State University graduates earn a median salary of $45,344 ten years after graduation, with a 3176.0 loan repayment rate. This represents positive value given the $6,735 tuition cost.
Use our Winston-Salem State 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 $6,735 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This covers the estimated $29,029 total cost for 4 years at Winston-Salem State University with $14,043 extra for additional expenses.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $29,029 total cost for 4 years at Winston-Salem State University with $78,652 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $29,029 total cost for 4 years at Winston-Salem State University with $186,332 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $29,029 total cost for 4 years at Winston-Salem State University with $401,692 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $29,029 total cost for 4 years at Winston-Salem State University with $1,047,774 extra for additional expenses.