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College Funding Calculator

A little help figuring things.

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This calculator requires the use of Javascript enabled and capable browsers. This script creates a valid assessment of how much expense is involved to provide a college education or private school education, or both. Our default values are based conceptually on information provided to public domain at the CollegeBoard.Com website. Our default expenses and values are education and school fees only, excluding any room and board or other expenses.

To use our calculator, you may accept the defaults, or fill in your own annual values. Then click on Calculate. You may change any values and recalculate as often as you wish. This calculator is designed to help you plan your children's paid educational needs by estimating the future cost of fees, taking into account personal savings, investments and inflation. We strongly suggest you consult your own financial advisor.

Note: When entering numbers into the data fields only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error.

Education costs will increase by:   % annually
Your investments will return (after tax):   % annually
Your child will enter paid school or college:  
Current annual costs (public in state 2011): $
Number of years of education costs:  
Amount of your current education savings: $
Your child's age now:  
 
Calculate Value Clear and Start Over
 

Calculated Results


Your child's education will cost: $
Anticipated future value of your current savings: $
Estimated annual contribution needs to be: $

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Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues as well as mortgage information.