Skip Navigation LinksHome > Financial Aid > Calculators > Future College Cost & Savings Calculator

Future College Cost & Savings Calculator

Children traditionally enter college at age 18, and usually attend four to five years to obtain an undergraduate degree. College costs include tuition and fees, room and board, and other expenses. If you do not know the current cost of the college your child will attend, use the chart below. Since college costs historically have increased at a rate equal to twice the normal inflation rate, a 6% inflation rate is used with this calculator.

Annual Cost for College

Source of Information Public Community College Public 4-Year College Private 4-Year College
U.S. Dept. of Ed. $7,397 $10,058 $25,050

*Costs are estimated from the National Center for Education Statistics, U.S. Department of Education. Actual costs are determined by each individual college each fiscal year.

College Cost & Savings Calculator

Annual Current Cost of College
Years to Enrollment in College
Annual Percent Return on Investment
Type of School 2-Year school 4-Year school

Results

Estimated Cost of Years of College
Academic Year College Cost
/ $
/ + $
/ + $
/ + $
 
Total Estimated Cost = $
Annual Savings Required = $
Monthly Savings Required = $
Weekly Savings Required = $
 
Annual saving required based on % annual return on investment.

Need a private student loan? Compare your student loan options all in one place. SimpleTuition

NCSA Sports Recruiting

Latest College & Financial Aid News

Lights, Camera, College!

by Katlyn Clark You have probably fantasized about your college experience being just like the movies...WRONG! If you watched movies or shows like “Glee,” “10 Things I Hate About You” and “17 Again” and thought “That is nothing like high school,” the same goes for college when it’s portrayed on screen: I remember watching “Pitch Perfect” after my first month of college and thought, “College [...]

Becoming a Better Communicator

by Carly Gerber You may be thinking that the day you head off to college, you will be freed from listening to your parents’ opinions. Slow that ship before it hits the bridge: While it’s true you will become more independent at college, your parents (and their ideologies) still exist. For example, deciding the major you want to pursue is exciting but just as you have picked it, your [...]

College Class Size: Does It Matter?

by Mike Sheffey Large classes or small? As colleges look to save money per student, this has become a key discussion topic. Recent studies are now showing that redesigning the typical lecture-type lesson has proved successful in large class settings, boasting higher exam results than those on the old model...but I think it really depends on the institution. I can only speak from [...]

Follow Us:

facebook twitter rss feed