## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2037 \$113,344 Monthly savings required \$897

How much will it cost to send your child to The University of Tampa in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$453,375.64 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$897.22 into a 529 or other college savings plan earning and after tax or tax exempt return of 7% will be necessary to achieve this balance.

## Assumptions

 Current Annual Cost \$43,708.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford The University of Tampa in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$897.22 \$0.00 \$0.00 \$897.22
2 \$897.22 \$897.22 \$0.00 \$5.07 \$1,799.51
3 \$1,799.51 \$897.22 \$0.00 \$10.17 \$2,706.90
4 \$2,706.90 \$897.22 \$0.00 \$15.31 \$3,619.43
5 \$3,619.43 \$897.22 \$0.00 \$20.46 \$4,537.11
6 \$4,537.11 \$897.22 \$0.00 \$25.65 \$5,459.98
7 \$5,459.98 \$897.22 \$0.00 \$30.87 \$6,388.07
8 \$6,388.07 \$897.22 \$0.00 \$36.12 \$7,321.41
9 \$7,321.41 \$897.22 \$0.00 \$41.40 \$8,260.03
10 \$8,260.03 \$897.22 \$0.00 \$46.70 \$9,203.95
11 \$9,203.95 \$897.22 \$0.00 \$52.04 \$10,153.21
12 \$10,153.21 \$897.22 \$0.00 \$57.41 \$11,107.84
13 \$11,107.84 \$897.22 \$0.00 \$62.81 \$12,067.87
14 \$12,067.87 \$897.22 \$0.00 \$68.23 \$13,033.32
15 \$13,033.32 \$897.22 \$0.00 \$73.69 \$14,004.23
16 \$14,004.23 \$897.22 \$0.00 \$79.18 \$14,980.63
17 \$14,980.63 \$897.22 \$0.00 \$84.70 \$15,962.55
18 \$15,962.55 \$897.22 \$0.00 \$90.25 \$16,950.02
19 \$16,950.02 \$897.22 \$0.00 \$95.84 \$17,943.08
20 \$17,943.08 \$897.22 \$0.00 \$101.45 \$18,941.75
21 \$18,941.75 \$897.22 \$0.00 \$107.10 \$19,946.07
22 \$19,946.07 \$897.22 \$0.00 \$112.78 \$20,956.07
23 \$20,956.07 \$897.22 \$0.00 \$118.49 \$21,971.78
24 \$21,971.78 \$897.22 \$0.00 \$124.23 \$22,993.23
25 \$22,993.23 \$897.22 \$0.00 \$130.01 \$24,020.46
26 \$24,020.46 \$897.22 \$0.00 \$135.82 \$25,053.50
27 \$25,053.50 \$897.22 \$0.00 \$141.66 \$26,092.38
28 \$26,092.38 \$897.22 \$0.00 \$147.53 \$27,137.13
29 \$27,137.13 \$897.22 \$0.00 \$153.44 \$28,187.79
30 \$28,187.79 \$897.22 \$0.00 \$159.38 \$29,244.39
31 \$29,244.39 \$897.22 \$0.00 \$165.35 \$30,306.96
32 \$30,306.96 \$897.22 \$0.00 \$171.36 \$31,375.54
33 \$31,375.54 \$897.22 \$0.00 \$177.40 \$32,450.16
34 \$32,450.16 \$897.22 \$0.00 \$183.48 \$33,530.86
35 \$33,530.86 \$897.22 \$0.00 \$189.59 \$34,617.67
36 \$34,617.67 \$897.22 \$0.00 \$195.73 \$35,710.62
37 \$35,710.62 \$897.22 \$0.00 \$201.91 \$36,809.75
38 \$36,809.75 \$897.22 \$0.00 \$208.13 \$37,915.10
39 \$37,915.10 \$897.22 \$0.00 \$214.38 \$39,026.70
40 \$39,026.70 \$897.22 \$0.00 \$220.66 \$40,144.58
41 \$40,144.58 \$897.22 \$0.00 \$226.98 \$41,268.78
42 \$41,268.78 \$897.22 \$0.00 \$233.34 \$42,399.34
43 \$42,399.34 \$897.22 \$0.00 \$239.73 \$43,536.29
44 \$43,536.29 \$897.22 \$0.00 \$246.16 \$44,679.67
45 \$44,679.67 \$897.22 \$0.00 \$252.63 \$45,829.52
46 \$45,829.52 \$897.22 \$0.00 \$259.13 \$46,985.87
47 \$46,985.87 \$897.22 \$0.00 \$265.66 \$48,148.75
48 \$48,148.75 \$897.22 \$0.00 \$272.24 \$49,318.21
49 \$49,318.21 \$897.22 \$0.00 \$278.85 \$50,494.28
50 \$50,494.28 \$897.22 \$0.00 \$285.50 \$51,677.00
51 \$51,677.00 \$897.22 \$0.00 \$292.19 \$52,866.41
52 \$52,866.41 \$897.22 \$0.00 \$298.91 \$54,062.54
53 \$54,062.54 \$897.22 \$0.00 \$305.68 \$55,265.44
54 \$55,265.44 \$897.22 \$0.00 \$312.48 \$56,475.14
55 \$56,475.14 \$897.22 \$0.00 \$319.32 \$57,691.68
56 \$57,691.68 \$897.22 \$0.00 \$326.20 \$58,915.10
57 \$58,915.10 \$897.22 \$0.00 \$333.11 \$60,145.43
58 \$60,145.43 \$897.22 \$0.00 \$340.07 \$61,382.72
59 \$61,382.72 \$897.22 \$0.00 \$347.07 \$62,627.01
60 \$62,627.01 \$897.22 \$0.00 \$354.10 \$63,878.33
61 \$63,878.33 \$897.22 \$0.00 \$361.18 \$65,136.73
62 \$65,136.73 \$897.22 \$0.00 \$368.29 \$66,402.24
63 \$66,402.24 \$897.22 \$0.00 \$375.45 \$67,674.91
64 \$67,674.91 \$897.22 \$0.00 \$382.64 \$68,954.77
65 \$68,954.77 \$897.22 \$0.00 \$389.88 \$70,241.87
66 \$70,241.87 \$897.22 \$0.00 \$397.16 \$71,536.25
67 \$71,536.25 \$897.22 \$0.00 \$404.48 \$72,837.95
68 \$72,837.95 \$897.22 \$0.00 \$411.84 \$74,147.01
69 \$74,147.01 \$897.22 \$0.00 \$419.24 \$75,463.47
70 \$75,463.47 \$897.22 \$0.00 \$426.68 \$76,787.37
71 \$76,787.37 \$897.22 \$0.00 \$434.17 \$78,118.76
72 \$78,118.76 \$897.22 \$0.00 \$441.69 \$79,457.67
73 \$79,457.67 \$897.22 \$0.00 \$449.27 \$80,804.16
74 \$80,804.16 \$897.22 \$0.00 \$456.88 \$82,158.26
75 \$82,158.26 \$897.22 \$0.00 \$464.53 \$83,520.01
76 \$83,520.01 \$897.22 \$0.00 \$472.23 \$84,889.46
77 \$84,889.46 \$897.22 \$0.00 \$479.98 \$86,266.66
78 \$86,266.66 \$897.22 \$0.00 \$487.76 \$87,651.64
79 \$87,651.64 \$897.22 \$0.00 \$495.60 \$89,044.46
80 \$89,044.46 \$897.22 \$0.00 \$503.47 \$90,445.15
81 \$90,445.15 \$897.22 \$0.00 \$511.39 \$91,853.76
82 \$91,853.76 \$897.22 \$0.00 \$519.35 \$93,270.33
83 \$93,270.33 \$897.22 \$0.00 \$527.36 \$94,694.91
84 \$94,694.91 \$897.22 \$0.00 \$535.42 \$96,127.55
85 \$96,127.55 \$897.22 \$0.00 \$543.52 \$97,568.29
86 \$97,568.29 \$897.22 \$0.00 \$551.67 \$99,017.18
87 \$99,017.18 \$897.22 \$0.00 \$559.86 \$100,474.26
88 \$100,474.26 \$897.22 \$0.00 \$568.10 \$101,939.58
89 \$101,939.58 \$897.22 \$0.00 \$576.38 \$103,413.18
90 \$103,413.18 \$897.22 \$0.00 \$584.71 \$104,895.11
91 \$104,895.11 \$897.22 \$0.00 \$593.09 \$106,385.42
92 \$106,385.42 \$897.22 \$0.00 \$601.52 \$107,884.16
93 \$107,884.16 \$897.22 \$0.00 \$609.99 \$109,391.37
94 \$109,391.37 \$897.22 \$0.00 \$618.51 \$110,907.10
95 \$110,907.10 \$897.22 \$0.00 \$627.08 \$112,431.40
96 \$112,431.40 \$897.22 \$0.00 \$635.70 \$113,964.32
97 \$113,964.32 \$897.22 \$0.00 \$644.37 \$115,505.91
98 \$115,505.91 \$897.22 \$0.00 \$653.09 \$117,056.22
99 \$117,056.22 \$897.22 \$0.00 \$661.85 \$118,615.29
100 \$118,615.29 \$897.22 \$0.00 \$670.67 \$120,183.18
101 \$120,183.18 \$897.22 \$0.00 \$679.53 \$121,759.93
102 \$121,759.93 \$897.22 \$0.00 \$688.45 \$123,345.60
103 \$123,345.60 \$897.22 \$0.00 \$697.41 \$124,940.23
104 \$124,940.23 \$897.22 \$0.00 \$706.43 \$126,543.88
105 \$126,543.88 \$897.22 \$0.00 \$715.50 \$128,156.60
106 \$128,156.60 \$897.22 \$0.00 \$724.62 \$129,778.44
107 \$129,778.44 \$897.22 \$0.00 \$733.79 \$131,409.45
108 \$131,409.45 \$897.22 \$0.00 \$743.01 \$133,049.68
109 \$133,049.68 \$897.22 \$0.00 \$752.28 \$134,699.18
110 \$134,699.18 \$897.22 \$0.00 \$761.61 \$136,358.01
111 \$136,358.01 \$897.22 \$0.00 \$770.99 \$138,026.22
112 \$138,026.22 \$897.22 \$0.00 \$780.42 \$139,703.86
113 \$139,703.86 \$897.22 \$0.00 \$789.91 \$141,390.99
114 \$141,390.99 \$897.22 \$0.00 \$799.45 \$143,087.66
115 \$143,087.66 \$897.22 \$0.00 \$809.04 \$144,793.92
116 \$144,793.92 \$897.22 \$0.00 \$818.69 \$146,509.83
117 \$146,509.83 \$897.22 \$0.00 \$828.39 \$148,235.44
118 \$148,235.44 \$897.22 \$0.00 \$838.14 \$149,970.80
119 \$149,970.80 \$897.22 \$0.00 \$847.96 \$151,715.98
120 \$151,715.98 \$897.22 \$0.00 \$857.82 \$153,471.02
121 \$153,471.02 \$897.22 \$0.00 \$867.75 \$155,235.99
122 \$155,235.99 \$897.22 \$0.00 \$877.73 \$157,010.94
123 \$157,010.94 \$897.22 \$0.00 \$887.76 \$158,795.92
124 \$158,795.92 \$897.22 \$0.00 \$897.86 \$160,591.00
125 \$160,591.00 \$897.22 \$0.00 \$908.00 \$162,396.22
126 \$162,396.22 \$897.22 \$0.00 \$918.21 \$164,211.65
127 \$164,211.65 \$897.22 \$0.00 \$928.48 \$166,037.35
128 \$166,037.35 \$897.22 \$0.00 \$938.80 \$167,873.37
129 \$167,873.37 \$897.22 \$0.00 \$949.18 \$169,719.77
130 \$169,719.77 \$897.22 \$0.00 \$959.62 \$171,576.61
131 \$171,576.61 \$897.22 \$0.00 \$970.12 \$173,443.95
132 \$173,443.95 \$897.22 \$0.00 \$980.68 \$175,321.85
133 \$175,321.85 \$897.22 \$0.00 \$991.30 \$177,210.37
134 \$177,210.37 \$897.22 \$0.00 \$1,001.97 \$179,109.56
135 \$179,109.56 \$897.22 \$0.00 \$1,012.71 \$181,019.49
136 \$181,019.49 \$897.22 \$0.00 \$1,023.51 \$182,940.22
137 \$182,940.22 \$897.22 \$0.00 \$1,034.37 \$184,871.81
138 \$184,871.81 \$897.22 \$0.00 \$1,045.29 \$186,814.32
139 \$186,814.32 \$897.22 \$0.00 \$1,056.28 \$188,767.82
140 \$188,767.82 \$897.22 \$0.00 \$1,067.32 \$190,732.36
141 \$190,732.36 \$897.22 \$0.00 \$1,078.43 \$192,708.01
142 \$192,708.01 \$897.22 \$0.00 \$1,089.60 \$194,694.83
143 \$194,694.83 \$897.22 \$0.00 \$1,100.83 \$196,692.88
144 \$196,692.88 \$897.22 \$0.00 \$1,112.13 \$198,702.23
145 \$198,702.23 \$897.22 \$0.00 \$1,123.49 \$200,722.94
146 \$200,722.94 \$897.22 \$0.00 \$1,134.92 \$202,755.08
147 \$202,755.08 \$897.22 \$0.00 \$1,146.41 \$204,798.71
148 \$204,798.71 \$897.22 \$0.00 \$1,157.96 \$206,853.89
149 \$206,853.89 \$897.22 \$0.00 \$1,169.58 \$208,920.69
150 \$208,920.69 \$897.22 \$0.00 \$1,181.27 \$210,999.18
151 \$210,999.18 \$897.22 \$0.00 \$1,193.02 \$213,089.42
152 \$213,089.42 \$897.22 \$0.00 \$1,204.84 \$215,191.48
153 \$215,191.48 \$897.22 \$0.00 \$1,216.72 \$217,305.42
154 \$217,305.42 \$897.22 \$0.00 \$1,228.68 \$219,431.32
155 \$219,431.32 \$897.22 \$0.00 \$1,240.70 \$221,569.24
156 \$221,569.24 \$897.22 \$0.00 \$1,252.78 \$223,719.24
157 \$223,719.24 \$897.22 \$0.00 \$1,264.94 \$225,881.40
158 \$225,881.40 \$897.22 \$0.00 \$1,277.17 \$228,055.79
159 \$228,055.79 \$897.22 \$0.00 \$1,289.46 \$230,242.47
160 \$230,242.47 \$897.22 \$0.00 \$1,301.82 \$232,441.51
161 \$232,441.51 \$897.22 \$0.00 \$1,314.26 \$234,652.99
162 \$234,652.99 \$897.22 \$0.00 \$1,326.76 \$236,876.97
163 \$236,876.97 \$897.22 \$0.00 \$1,339.34 \$239,113.53
164 \$239,113.53 \$897.22 \$0.00 \$1,351.98 \$241,362.73
165 \$241,362.73 \$897.22 \$0.00 \$1,364.70 \$243,624.65
166 \$243,624.65 \$897.22 \$0.00 \$1,377.49 \$245,899.36
167 \$245,899.36 \$897.22 \$0.00 \$1,390.35 \$248,186.93
168 \$248,186.93 \$897.22 \$0.00 \$1,403.28 \$250,487.43
169 \$250,487.43 \$897.22 \$0.00 \$1,416.29 \$252,800.94
170 \$252,800.94 \$897.22 \$0.00 \$1,429.37 \$255,127.53
171 \$255,127.53 \$897.22 \$0.00 \$1,442.53 \$257,467.28
172 \$257,467.28 \$897.22 \$0.00 \$1,455.76 \$259,820.26
173 \$259,820.26 \$897.22 \$0.00 \$1,469.06 \$262,186.54
174 \$262,186.54 \$897.22 \$0.00 \$1,482.44 \$264,566.20
175 \$264,566.20 \$897.22 \$0.00 \$1,495.90 \$266,959.32
176 \$266,959.32 \$897.22 \$0.00 \$1,509.43 \$269,365.97
177 \$269,365.97 \$897.22 \$0.00 \$1,523.03 \$271,786.22
178 \$271,786.22 \$897.22 \$0.00 \$1,536.72 \$274,220.16
179 \$274,220.16 \$897.22 \$0.00 \$1,550.48 \$276,667.86
180 \$276,667.86 \$897.22 \$0.00 \$1,564.32 \$279,129.40
181 \$279,129.40 \$897.22 \$0.00 \$1,578.24 \$281,604.86
182 \$281,604.86 \$897.22 \$0.00 \$1,592.23 \$284,094.31
183 \$284,094.31 \$897.22 \$0.00 \$1,606.31 \$286,597.84
184 \$286,597.84 \$897.22 \$0.00 \$1,620.47 \$289,115.53
185 \$289,115.53 \$897.22 \$0.00 \$1,634.70 \$291,647.45
186 \$291,647.45 \$897.22 \$0.00 \$1,649.02 \$294,193.69
187 \$294,193.69 \$897.22 \$0.00 \$1,663.41 \$296,754.32
188 \$296,754.32 \$897.22 \$0.00 \$1,677.89 \$299,329.43
189 \$299,329.43 \$897.22 \$0.00 \$1,692.45 \$301,919.10
190 \$301,919.10 \$897.22 \$0.00 \$1,707.09 \$304,523.41
191 \$304,523.41 \$897.22 \$0.00 \$1,721.82 \$307,142.45
192 \$307,142.45 \$897.22 \$0.00 \$1,736.63 \$309,776.30
193 \$309,776.30 \$897.22 \$0.00 \$1,751.52 \$312,425.04
194 \$312,425.04 \$897.22 \$0.00 \$1,766.50 \$315,088.76
195 \$315,088.76 \$897.22 \$0.00 \$1,781.56 \$317,767.54
196 \$317,767.54 \$897.22 \$0.00 \$1,796.70 \$320,461.46
197 \$320,461.46 \$897.22 \$0.00 \$1,811.94 \$323,170.62
198 \$323,170.62 \$897.22 \$0.00 \$1,827.25 \$325,895.09
199 \$325,895.09 \$897.22 \$0.00 \$1,842.66 \$328,634.97
200 \$328,634.97 \$897.22 \$0.00 \$1,858.15 \$331,390.34
201 \$331,390.34 \$897.22 \$0.00 \$1,873.73 \$334,161.29
202 \$334,161.29 \$897.22 \$0.00 \$1,889.40 \$336,947.91
203 \$336,947.91 \$897.22 \$0.00 \$1,905.15 \$339,750.28
204 \$339,750.28 \$897.22 \$0.00 \$1,921.00 \$342,568.50
205 \$342,568.50 \$897.22 \$0.00 \$1,936.93 \$345,402.65
206 \$345,402.65 \$897.22 \$0.00 \$1,952.96 \$348,252.83
207 \$348,252.83 \$897.22 \$0.00 \$1,969.07 \$351,119.12
208 \$351,119.12 \$897.22 \$0.00 \$1,985.28 \$354,001.62
209 \$354,001.62 \$897.22 \$0.00 \$2,001.58 \$356,900.42
210 \$356,900.42 \$897.22 \$0.00 \$2,017.97 \$359,815.61
211 \$359,815.61 \$897.22 \$0.00 \$2,034.45 \$362,747.28
212 \$362,747.28 \$897.22 \$0.00 \$2,051.03 \$365,695.53
213 \$365,695.53 \$897.22 \$0.00 \$2,067.70 \$368,660.45
214 \$368,660.45 \$897.22 \$0.00 \$2,084.46 \$371,642.13
215 \$371,642.13 \$897.22 \$0.00 \$2,101.32 \$374,640.67
216 \$374,640.67 \$897.22 \$0.00 \$2,118.27 \$377,656.16
217 \$377,656.16 \$897.22 \$105,188.51 \$2,135.32 \$275,500.19
218 \$275,500.19 \$897.22 \$0.00 \$1,557.72 \$277,955.13
219 \$277,955.13 \$897.22 \$0.00 \$1,571.60 \$280,423.95
220 \$280,423.95 \$897.22 \$0.00 \$1,585.56 \$282,906.73
221 \$282,906.73 \$897.22 \$0.00 \$1,599.60 \$285,403.55
222 \$285,403.55 \$897.22 \$0.00 \$1,613.71 \$287,914.48
223 \$287,914.48 \$897.22 \$0.00 \$1,627.91 \$290,439.61
224 \$290,439.61 \$897.22 \$0.00 \$1,642.19 \$292,979.02
225 \$292,979.02 \$897.22 \$0.00 \$1,656.55 \$295,532.79
226 \$295,532.79 \$897.22 \$0.00 \$1,670.99 \$298,101.00
227 \$298,101.00 \$897.22 \$0.00 \$1,685.51 \$300,683.73
228 \$300,683.73 \$897.22 \$0.00 \$1,700.11 \$303,281.06
229 \$303,281.06 \$897.22 \$110,447.94 \$1,714.80 \$195,445.14
230 \$195,445.14 \$897.22 \$0.00 \$1,105.08 \$197,447.44
231 \$197,447.44 \$897.22 \$0.00 \$1,116.40 \$199,461.06
232 \$199,461.06 \$897.22 \$0.00 \$1,127.78 \$201,486.06
233 \$201,486.06 \$897.22 \$0.00 \$1,139.23 \$203,522.51
234 \$203,522.51 \$897.22 \$0.00 \$1,150.75 \$205,570.48
235 \$205,570.48 \$897.22 \$0.00 \$1,162.33 \$207,630.03
236 \$207,630.03 \$897.22 \$0.00 \$1,173.97 \$209,701.22
237 \$209,701.22 \$897.22 \$0.00 \$1,185.68 \$211,784.12
238 \$211,784.12 \$897.22 \$0.00 \$1,197.46 \$213,878.80
239 \$213,878.80 \$897.22 \$0.00 \$1,209.30 \$215,985.32
240 \$215,985.32 \$897.22 \$0.00 \$1,221.21 \$218,103.75
241 \$218,103.75 \$897.22 \$115,970.34 \$1,233.19 \$104,263.82
242 \$104,263.82 \$897.22 \$0.00 \$589.52 \$105,750.56
243 \$105,750.56 \$897.22 \$0.00 \$597.93 \$107,245.71
244 \$107,245.71 \$897.22 \$0.00 \$606.38 \$108,749.31
245 \$108,749.31 \$897.22 \$0.00 \$614.88 \$110,261.41
246 \$110,261.41 \$897.22 \$0.00 \$623.43 \$111,782.06
247 \$111,782.06 \$897.22 \$0.00 \$632.03 \$113,311.31
248 \$113,311.31 \$897.22 \$0.00 \$640.68 \$114,849.21
249 \$114,849.21 \$897.22 \$0.00 \$649.37 \$116,395.80
250 \$116,395.80 \$897.22 \$0.00 \$658.12 \$117,951.14
251 \$117,951.14 \$897.22 \$0.00 \$666.91 \$119,515.27
252 \$119,515.27 \$897.22 \$0.00 \$675.76 \$121,088.25
253 \$121,088.25 \$0.00 \$121,768.85 \$684.65 \$4.05