College Savings Calculator

Use this calculator to determine how much you will need to set aside at the beginning of each year in order to fund your child's college education.

NOTE: Please be sure that only numbers and decimal points are entered into the numeric entry fields. Dollar signs, percent signs, commas and other non-numeric characters may cause a JavaScript error.

Current college savings: $
Expected interest rate on investments:
Number of years until college: #
Current college cost: $
Estimated college cost inflation rate:
What % of costs you will contribute:
Number of years of college: #
Annual contribution at the beginning of each year through college years to cover college costs: $

* These calculators are for illustrative purposes only. We do not guarantee their accuracy. All examples are hypothetical, may not be applicable to your individual situation, and are not intended to provide investment advice. We encourage you to consult a financial professional before making any decisions relating to these tools.