Savings Calculator.

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Education Savings Calculator

Unsure how much your child's education will cost? Use this calculator to figure out how much you will need to set aside monthly to pay for school when they are ready to go to college.

You can enter an estimated cost of school, or choose their type of degree to automatically use data from The College Board based on their annual survey of colleges for the 2014-2015 school year. The data includes tuition & fees, room & board, transporation, books and other student expenses. These costs are then adjusted based upon the estimated rate of inflation you select.

The calculator also offers an information column to the right to help with data entry.

Entry Description Amount Instructions
1. Student's name. Info
2. Years till college.
3. Current savings.
4. Outside funding.
5. Gross annual income.
6. Est. return on investments.
7. Est. Annual Inflation Rate.
8. Annual cost of college.
9. Start year. Info
10. Future tuition cost.
11. Current savings FV.
12. Future savings/funding.
13. Total savings gap.
14. Monthly deposit required.
15. Percent of annual Income.

Enjoy Your Savings & Best of Luck With College Success!

College Graduation.