College savings calculator

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  • The calculator updates the current annual college cost to the most recent data available, so this figure may have changed.
  • If you entered a customized dollar amount for the current annual cost, it should be reflected below.

Please review all your inputs to ensure they are up to date.

Your savings plan: Start now

Helping your child with a college education is one of the greatest gifts you can give. College may seem a long way off, but the sooner you start saving, the better you'll be able to pay for your child's education.

With this college savings calculator, you'll receive a personalized report that includes projected costs and savings along with tips and strategies for college savings.

Figures shown are hypothetical and for illustrative purposes only.
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Student 1
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College start year

2042

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College costs

2024 national public averages

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$20,020

Current annual cost

CUSTOMIZE COST
As of December 4, 2024
As of December 4, 2024

Enter a valid percentage.

%
Savings plan

$

$

Frequency

$ %
starting on
Calculation details
ADD A STUDENT
College costs
Totals
Projected college costs
$207,664
Costs you plan to fund
$207,664 (100%)
Costs not funded by you
$0 (0%)
Deficit
-$207,664
Ongoing monthly contributions may need to increase to $483 to meet the goal.
Calculation details
ADD A STUDENT
Summary
Student
Costs you plan to fund
 Projected savings Deficit/Surplus
Summary
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Enter a dollar amount to customize the current annual cost.

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  • All inputs except the current annual college cost will be saved.
  • The current annual cost will update to the latest data available when retrieved.
  • If you entered a customized annual cost, it will be saved.
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Report title:

College Savings Report


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Change Start Year

If desired, user can enter custom start year for college.

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