College Savings and Tuition Projection


Estimate how much you need to save to cover future tuition costs, based on initial balance of savings, years of college education, annual contributions, estimated yield and inflation rates, and cost of college education.
Start Year

Year to begin displaying college savings and tuition

Child's Birth Year
Child's First Year of College
Child's Last Year of College

$

Initial Balance ($)

Balance of college savings at Start Year

$

Annual Contribution ($)

Annual contribution each year

Estimated Annual Yield (%)

Expected average yearly investment return (Example: S&P 500 annual average from 2000-2024: 9.3%)

$

Estimated First Year Tuition ($)

Estimated college tuition at first year in future dollar

Estimated Inflation Rate (%)

Estimated inflation rate to calculate rising college tuition

  • This calculator assumes that contribution is made annually, and it simplies the calculation of annual yield by assume that the annual contribution is added to your account at the beginning of each year. In reality, contribution may be added incrementally throughout a year.
  • This calculator assumes that contribution automatically stops at the end of the last year of college.
  • This calculator assumes that the balance will never go negative, meaning that the withdraw amount for tuition will never be larger than the available balance.
Disclaimer: The financial calculators and content on this website are for informational and educational purposes only. They are not intended as financial, tax, or investment advice. All results are estimates based on the data you provide and assumptions made by the model. Actual outcomes may vary significantly. Please consult a licensed financial advisor before making any financial decisions.Privacy Policy|Terms of Use