| Estimated Annual Cost in 2042 | $89,226 |
| Monthly savings required | $396 |
How much will it cost to send your child to College of Southern Maryland in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $178,451.70 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $396.42 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.
| Current Annual Cost | $25,506.00 |
| Years until enrollment | 18 |
| Annual Tuition Increase | 7% |
| Current Savings | $0.00 |
| After Tax Return on Savings | 7% |
| Years of enrollment | 2 |
Discover how much will you need to start saving now to afford College of Southern Maryland in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $396.42 | $0.00 | $0.00 | $396.42 |
| 2 | $396.42 | $396.42 | $0.00 | $2.24 | $795.08 |
| 3 | $795.08 | $396.42 | $0.00 | $4.50 | $1,196.00 |
| 4 | $1,196.00 | $396.42 | $0.00 | $6.76 | $1,599.18 |
| 5 | $1,599.18 | $396.42 | $0.00 | $9.04 | $2,004.64 |
| 6 | $2,004.64 | $396.42 | $0.00 | $11.33 | $2,412.39 |
| 7 | $2,412.39 | $396.42 | $0.00 | $13.64 | $2,822.45 |
| 8 | $2,822.45 | $396.42 | $0.00 | $15.96 | $3,234.83 |
| 9 | $3,234.83 | $396.42 | $0.00 | $18.29 | $3,649.54 |
| 10 | $3,649.54 | $396.42 | $0.00 | $20.64 | $4,066.60 |
| 11 | $4,066.60 | $396.42 | $0.00 | $22.99 | $4,486.01 |
| 12 | $4,486.01 | $396.42 | $0.00 | $25.36 | $4,907.79 |
| 13 | $4,907.79 | $396.42 | $0.00 | $27.75 | $5,331.96 |
| 14 | $5,331.96 | $396.42 | $0.00 | $30.15 | $5,758.53 |
| 15 | $5,758.53 | $396.42 | $0.00 | $32.56 | $6,187.51 |
| 16 | $6,187.51 | $396.42 | $0.00 | $34.99 | $6,618.92 |
| 17 | $6,618.92 | $396.42 | $0.00 | $37.42 | $7,052.76 |
| 18 | $7,052.76 | $396.42 | $0.00 | $39.88 | $7,489.06 |
| 19 | $7,489.06 | $396.42 | $0.00 | $42.34 | $7,927.82 |
| 20 | $7,927.82 | $396.42 | $0.00 | $44.83 | $8,369.07 |
| 21 | $8,369.07 | $396.42 | $0.00 | $47.32 | $8,812.81 |
| 22 | $8,812.81 | $396.42 | $0.00 | $49.83 | $9,259.06 |
| 23 | $9,259.06 | $396.42 | $0.00 | $52.35 | $9,707.83 |
| 24 | $9,707.83 | $396.42 | $0.00 | $54.89 | $10,159.14 |
| 25 | $10,159.14 | $396.42 | $0.00 | $57.44 | $10,613.00 |
| 26 | $10,613.00 | $396.42 | $0.00 | $60.01 | $11,069.43 |
| 27 | $11,069.43 | $396.42 | $0.00 | $62.59 | $11,528.44 |
| 28 | $11,528.44 | $396.42 | $0.00 | $65.18 | $11,990.04 |
| 29 | $11,990.04 | $396.42 | $0.00 | $67.79 | $12,454.25 |
| 30 | $12,454.25 | $396.42 | $0.00 | $70.42 | $12,921.09 |
| 31 | $12,921.09 | $396.42 | $0.00 | $73.06 | $13,390.57 |
| 32 | $13,390.57 | $396.42 | $0.00 | $75.71 | $13,862.70 |
| 33 | $13,862.70 | $396.42 | $0.00 | $78.38 | $14,337.50 |
| 34 | $14,337.50 | $396.42 | $0.00 | $81.07 | $14,814.99 |
| 35 | $14,814.99 | $396.42 | $0.00 | $83.77 | $15,295.18 |
| 36 | $15,295.18 | $396.42 | $0.00 | $86.48 | $15,778.08 |
| 37 | $15,778.08 | $396.42 | $0.00 | $89.21 | $16,263.71 |
| 38 | $16,263.71 | $396.42 | $0.00 | $91.96 | $16,752.09 |
| 39 | $16,752.09 | $396.42 | $0.00 | $94.72 | $17,243.23 |
| 40 | $17,243.23 | $396.42 | $0.00 | $97.50 | $17,737.15 |
| 41 | $17,737.15 | $396.42 | $0.00 | $100.29 | $18,233.86 |
| 42 | $18,233.86 | $396.42 | $0.00 | $103.10 | $18,733.38 |
| 43 | $18,733.38 | $396.42 | $0.00 | $105.92 | $19,235.72 |
| 44 | $19,235.72 | $396.42 | $0.00 | $108.76 | $19,740.90 |
| 45 | $19,740.90 | $396.42 | $0.00 | $111.62 | $20,248.94 |
| 46 | $20,248.94 | $396.42 | $0.00 | $114.49 | $20,759.85 |
| 47 | $20,759.85 | $396.42 | $0.00 | $117.38 | $21,273.65 |
| 48 | $21,273.65 | $396.42 | $0.00 | $120.28 | $21,790.35 |
| 49 | $21,790.35 | $396.42 | $0.00 | $123.21 | $22,309.98 |
| 50 | $22,309.98 | $396.42 | $0.00 | $126.14 | $22,832.54 |
| 51 | $22,832.54 | $396.42 | $0.00 | $129.10 | $23,358.06 |
| 52 | $23,358.06 | $396.42 | $0.00 | $132.07 | $23,886.55 |
| 53 | $23,886.55 | $396.42 | $0.00 | $135.06 | $24,418.03 |
| 54 | $24,418.03 | $396.42 | $0.00 | $138.06 | $24,952.51 |
| 55 | $24,952.51 | $396.42 | $0.00 | $141.09 | $25,490.02 |
| 56 | $25,490.02 | $396.42 | $0.00 | $144.12 | $26,030.56 |
| 57 | $26,030.56 | $396.42 | $0.00 | $147.18 | $26,574.16 |
| 58 | $26,574.16 | $396.42 | $0.00 | $150.25 | $27,120.83 |
| 59 | $27,120.83 | $396.42 | $0.00 | $153.35 | $27,670.60 |
| 60 | $27,670.60 | $396.42 | $0.00 | $156.45 | $28,223.47 |
| 61 | $28,223.47 | $396.42 | $0.00 | $159.58 | $28,779.47 |
| 62 | $28,779.47 | $396.42 | $0.00 | $162.72 | $29,338.61 |
| 63 | $29,338.61 | $396.42 | $0.00 | $165.88 | $29,900.91 |
| 64 | $29,900.91 | $396.42 | $0.00 | $169.06 | $30,466.39 |
| 65 | $30,466.39 | $396.42 | $0.00 | $172.26 | $31,035.07 |
| 66 | $31,035.07 | $396.42 | $0.00 | $175.48 | $31,606.97 |
| 67 | $31,606.97 | $396.42 | $0.00 | $178.71 | $32,182.10 |
| 68 | $32,182.10 | $396.42 | $0.00 | $181.96 | $32,760.48 |
| 69 | $32,760.48 | $396.42 | $0.00 | $185.23 | $33,342.13 |
| 70 | $33,342.13 | $396.42 | $0.00 | $188.52 | $33,927.07 |
| 71 | $33,927.07 | $396.42 | $0.00 | $191.83 | $34,515.32 |
| 72 | $34,515.32 | $396.42 | $0.00 | $195.15 | $35,106.89 |
| 73 | $35,106.89 | $396.42 | $0.00 | $198.50 | $35,701.81 |
| 74 | $35,701.81 | $396.42 | $0.00 | $201.86 | $36,300.09 |
| 75 | $36,300.09 | $396.42 | $0.00 | $205.25 | $36,901.76 |
| 76 | $36,901.76 | $396.42 | $0.00 | $208.65 | $37,506.83 |
| 77 | $37,506.83 | $396.42 | $0.00 | $212.07 | $38,115.32 |
| 78 | $38,115.32 | $396.42 | $0.00 | $215.51 | $38,727.25 |
| 79 | $38,727.25 | $396.42 | $0.00 | $218.97 | $39,342.64 |
| 80 | $39,342.64 | $396.42 | $0.00 | $222.45 | $39,961.51 |
| 81 | $39,961.51 | $396.42 | $0.00 | $225.95 | $40,583.88 |
| 82 | $40,583.88 | $396.42 | $0.00 | $229.47 | $41,209.77 |
| 83 | $41,209.77 | $396.42 | $0.00 | $233.01 | $41,839.20 |
| 84 | $41,839.20 | $396.42 | $0.00 | $236.56 | $42,472.18 |
| 85 | $42,472.18 | $396.42 | $0.00 | $240.14 | $43,108.74 |
| 86 | $43,108.74 | $396.42 | $0.00 | $243.74 | $43,748.90 |
| 87 | $43,748.90 | $396.42 | $0.00 | $247.36 | $44,392.68 |
| 88 | $44,392.68 | $396.42 | $0.00 | $251.00 | $45,040.10 |
| 89 | $45,040.10 | $396.42 | $0.00 | $254.66 | $45,691.18 |
| 90 | $45,691.18 | $396.42 | $0.00 | $258.34 | $46,345.94 |
| 91 | $46,345.94 | $396.42 | $0.00 | $262.05 | $47,004.41 |
| 92 | $47,004.41 | $396.42 | $0.00 | $265.77 | $47,666.60 |
| 93 | $47,666.60 | $396.42 | $0.00 | $269.51 | $48,332.53 |
| 94 | $48,332.53 | $396.42 | $0.00 | $273.28 | $49,002.23 |
| 95 | $49,002.23 | $396.42 | $0.00 | $277.07 | $49,675.72 |
| 96 | $49,675.72 | $396.42 | $0.00 | $280.87 | $50,353.01 |
| 97 | $50,353.01 | $396.42 | $0.00 | $284.70 | $51,034.13 |
| 98 | $51,034.13 | $396.42 | $0.00 | $288.55 | $51,719.10 |
| 99 | $51,719.10 | $396.42 | $0.00 | $292.43 | $52,407.95 |
| 100 | $52,407.95 | $396.42 | $0.00 | $296.32 | $53,100.69 |
| 101 | $53,100.69 | $396.42 | $0.00 | $300.24 | $53,797.35 |
| 102 | $53,797.35 | $396.42 | $0.00 | $304.18 | $54,497.95 |
| 103 | $54,497.95 | $396.42 | $0.00 | $308.14 | $55,202.51 |
| 104 | $55,202.51 | $396.42 | $0.00 | $312.12 | $55,911.05 |
| 105 | $55,911.05 | $396.42 | $0.00 | $316.13 | $56,623.60 |
| 106 | $56,623.60 | $396.42 | $0.00 | $320.16 | $57,340.18 |
| 107 | $57,340.18 | $396.42 | $0.00 | $324.21 | $58,060.81 |
| 108 | $58,060.81 | $396.42 | $0.00 | $328.28 | $58,785.51 |
| 109 | $58,785.51 | $396.42 | $0.00 | $332.38 | $59,514.31 |
| 110 | $59,514.31 | $396.42 | $0.00 | $336.50 | $60,247.23 |
| 111 | $60,247.23 | $396.42 | $0.00 | $340.65 | $60,984.30 |
| 112 | $60,984.30 | $396.42 | $0.00 | $344.81 | $61,725.53 |
| 113 | $61,725.53 | $396.42 | $0.00 | $349.01 | $62,470.96 |
| 114 | $62,470.96 | $396.42 | $0.00 | $353.22 | $63,220.60 |
| 115 | $63,220.60 | $396.42 | $0.00 | $357.46 | $63,974.48 |
| 116 | $63,974.48 | $396.42 | $0.00 | $361.72 | $64,732.62 |
| 117 | $64,732.62 | $396.42 | $0.00 | $366.01 | $65,495.05 |
| 118 | $65,495.05 | $396.42 | $0.00 | $370.32 | $66,261.79 |
| 119 | $66,261.79 | $396.42 | $0.00 | $374.65 | $67,032.86 |
| 120 | $67,032.86 | $396.42 | $0.00 | $379.01 | $67,808.29 |
| 121 | $67,808.29 | $396.42 | $0.00 | $383.40 | $68,588.11 |
| 122 | $68,588.11 | $396.42 | $0.00 | $387.81 | $69,372.34 |
| 123 | $69,372.34 | $396.42 | $0.00 | $392.24 | $70,161.00 |
| 124 | $70,161.00 | $396.42 | $0.00 | $396.70 | $70,954.12 |
| 125 | $70,954.12 | $396.42 | $0.00 | $401.18 | $71,751.72 |
| 126 | $71,751.72 | $396.42 | $0.00 | $405.69 | $72,553.83 |
| 127 | $72,553.83 | $396.42 | $0.00 | $410.23 | $73,360.48 |
| 128 | $73,360.48 | $396.42 | $0.00 | $414.79 | $74,171.69 |
| 129 | $74,171.69 | $396.42 | $0.00 | $419.38 | $74,987.49 |
| 130 | $74,987.49 | $396.42 | $0.00 | $423.99 | $75,807.90 |
| 131 | $75,807.90 | $396.42 | $0.00 | $428.63 | $76,632.95 |
| 132 | $76,632.95 | $396.42 | $0.00 | $433.29 | $77,462.66 |
| 133 | $77,462.66 | $396.42 | $0.00 | $437.99 | $78,297.07 |
| 134 | $78,297.07 | $396.42 | $0.00 | $442.70 | $79,136.19 |
| 135 | $79,136.19 | $396.42 | $0.00 | $447.45 | $79,980.06 |
| 136 | $79,980.06 | $396.42 | $0.00 | $452.22 | $80,828.70 |
| 137 | $80,828.70 | $396.42 | $0.00 | $457.02 | $81,682.14 |
| 138 | $81,682.14 | $396.42 | $0.00 | $461.84 | $82,540.40 |
| 139 | $82,540.40 | $396.42 | $0.00 | $466.70 | $83,403.52 |
| 140 | $83,403.52 | $396.42 | $0.00 | $471.58 | $84,271.52 |
| 141 | $84,271.52 | $396.42 | $0.00 | $476.48 | $85,144.42 |
| 142 | $85,144.42 | $396.42 | $0.00 | $481.42 | $86,022.26 |
| 143 | $86,022.26 | $396.42 | $0.00 | $486.38 | $86,905.06 |
| 144 | $86,905.06 | $396.42 | $0.00 | $491.37 | $87,792.85 |
| 145 | $87,792.85 | $396.42 | $0.00 | $496.39 | $88,685.66 |
| 146 | $88,685.66 | $396.42 | $0.00 | $501.44 | $89,583.52 |
| 147 | $89,583.52 | $396.42 | $0.00 | $506.52 | $90,486.46 |
| 148 | $90,486.46 | $396.42 | $0.00 | $511.62 | $91,394.50 |
| 149 | $91,394.50 | $396.42 | $0.00 | $516.76 | $92,307.68 |
| 150 | $92,307.68 | $396.42 | $0.00 | $521.92 | $93,226.02 |
| 151 | $93,226.02 | $396.42 | $0.00 | $527.11 | $94,149.55 |
| 152 | $94,149.55 | $396.42 | $0.00 | $532.34 | $95,078.31 |
| 153 | $95,078.31 | $396.42 | $0.00 | $537.59 | $96,012.32 |
| 154 | $96,012.32 | $396.42 | $0.00 | $542.87 | $96,951.61 |
| 155 | $96,951.61 | $396.42 | $0.00 | $548.18 | $97,896.21 |
| 156 | $97,896.21 | $396.42 | $0.00 | $553.52 | $98,846.15 |
| 157 | $98,846.15 | $396.42 | $0.00 | $558.89 | $99,801.46 |
| 158 | $99,801.46 | $396.42 | $0.00 | $564.29 | $100,762.17 |
| 159 | $100,762.17 | $396.42 | $0.00 | $569.72 | $101,728.31 |
| 160 | $101,728.31 | $396.42 | $0.00 | $575.19 | $102,699.92 |
| 161 | $102,699.92 | $396.42 | $0.00 | $580.68 | $103,677.02 |
| 162 | $103,677.02 | $396.42 | $0.00 | $586.20 | $104,659.64 |
| 163 | $104,659.64 | $396.42 | $0.00 | $591.76 | $105,647.82 |
| 164 | $105,647.82 | $396.42 | $0.00 | $597.35 | $106,641.59 |
| 165 | $106,641.59 | $396.42 | $0.00 | $602.97 | $107,640.98 |
| 166 | $107,640.98 | $396.42 | $0.00 | $608.62 | $108,646.02 |
| 167 | $108,646.02 | $396.42 | $0.00 | $614.30 | $109,656.74 |
| 168 | $109,656.74 | $396.42 | $0.00 | $620.02 | $110,673.18 |
| 169 | $110,673.18 | $396.42 | $0.00 | $625.76 | $111,695.36 |
| 170 | $111,695.36 | $396.42 | $0.00 | $631.54 | $112,723.32 |
| 171 | $112,723.32 | $396.42 | $0.00 | $637.35 | $113,757.09 |
| 172 | $113,757.09 | $396.42 | $0.00 | $643.20 | $114,796.71 |
| 173 | $114,796.71 | $396.42 | $0.00 | $649.08 | $115,842.21 |
| 174 | $115,842.21 | $396.42 | $0.00 | $654.99 | $116,893.62 |
| 175 | $116,893.62 | $396.42 | $0.00 | $660.93 | $117,950.97 |
| 176 | $117,950.97 | $396.42 | $0.00 | $666.91 | $119,014.30 |
| 177 | $119,014.30 | $396.42 | $0.00 | $672.92 | $120,083.64 |
| 178 | $120,083.64 | $396.42 | $0.00 | $678.97 | $121,159.03 |
| 179 | $121,159.03 | $396.42 | $0.00 | $685.05 | $122,240.50 |
| 180 | $122,240.50 | $396.42 | $0.00 | $691.17 | $123,328.09 |
| 181 | $123,328.09 | $396.42 | $0.00 | $697.31 | $124,421.82 |
| 182 | $124,421.82 | $396.42 | $0.00 | $703.50 | $125,521.74 |
| 183 | $125,521.74 | $396.42 | $0.00 | $709.72 | $126,627.88 |
| 184 | $126,627.88 | $396.42 | $0.00 | $715.97 | $127,740.27 |
| 185 | $127,740.27 | $396.42 | $0.00 | $722.26 | $128,858.95 |
| 186 | $128,858.95 | $396.42 | $0.00 | $728.59 | $129,983.96 |
| 187 | $129,983.96 | $396.42 | $0.00 | $734.95 | $131,115.33 |
| 188 | $131,115.33 | $396.42 | $0.00 | $741.35 | $132,253.10 |
| 189 | $132,253.10 | $396.42 | $0.00 | $747.78 | $133,397.30 |
| 190 | $133,397.30 | $396.42 | $0.00 | $754.25 | $134,547.97 |
| 191 | $134,547.97 | $396.42 | $0.00 | $760.75 | $135,705.14 |
| 192 | $135,705.14 | $396.42 | $0.00 | $767.30 | $136,868.86 |
| 193 | $136,868.86 | $396.42 | $0.00 | $773.88 | $138,039.16 |
| 194 | $138,039.16 | $396.42 | $0.00 | $780.49 | $139,216.07 |
| 195 | $139,216.07 | $396.42 | $0.00 | $787.15 | $140,399.64 |
| 196 | $140,399.64 | $396.42 | $0.00 | $793.84 | $141,589.90 |
| 197 | $141,589.90 | $396.42 | $0.00 | $800.57 | $142,786.89 |
| 198 | $142,786.89 | $396.42 | $0.00 | $807.34 | $143,990.65 |
| 199 | $143,990.65 | $396.42 | $0.00 | $814.14 | $145,201.21 |
| 200 | $145,201.21 | $396.42 | $0.00 | $820.99 | $146,418.62 |
| 201 | $146,418.62 | $396.42 | $0.00 | $827.87 | $147,642.91 |
| 202 | $147,642.91 | $396.42 | $0.00 | $834.79 | $148,874.12 |
| 203 | $148,874.12 | $396.42 | $0.00 | $841.76 | $150,112.30 |
| 204 | $150,112.30 | $396.42 | $0.00 | $848.76 | $151,357.48 |
| 205 | $151,357.48 | $396.42 | $0.00 | $855.80 | $152,609.70 |
| 206 | $152,609.70 | $396.42 | $0.00 | $862.88 | $153,869.00 |
| 207 | $153,869.00 | $396.42 | $0.00 | $870.00 | $155,135.42 |
| 208 | $155,135.42 | $396.42 | $0.00 | $877.16 | $156,409.00 |
| 209 | $156,409.00 | $396.42 | $0.00 | $884.36 | $157,689.78 |
| 210 | $157,689.78 | $396.42 | $0.00 | $891.60 | $158,977.80 |
| 211 | $158,977.80 | $396.42 | $0.00 | $898.88 | $160,273.10 |
| 212 | $160,273.10 | $396.42 | $0.00 | $906.21 | $161,575.73 |
| 213 | $161,575.73 | $396.42 | $0.00 | $913.57 | $162,885.72 |
| 214 | $162,885.72 | $396.42 | $0.00 | $920.98 | $164,203.12 |
| 215 | $164,203.12 | $396.42 | $0.00 | $928.43 | $165,527.97 |
| 216 | $165,527.97 | $396.42 | $0.00 | $935.92 | $166,860.31 |
| 217 | $166,860.31 | $396.42 | $86,208.55 | $943.45 | $81,991.63 |
| 218 | $81,991.63 | $396.42 | $0.00 | $463.59 | $82,851.64 |
| 219 | $82,851.64 | $396.42 | $0.00 | $468.46 | $83,716.52 |
| 220 | $83,716.52 | $396.42 | $0.00 | $473.35 | $84,586.29 |
| 221 | $84,586.29 | $396.42 | $0.00 | $478.26 | $85,460.97 |
| 222 | $85,460.97 | $396.42 | $0.00 | $483.21 | $86,340.60 |
| 223 | $86,340.60 | $396.42 | $0.00 | $488.18 | $87,225.20 |
| 224 | $87,225.20 | $396.42 | $0.00 | $493.18 | $88,114.80 |
| 225 | $88,114.80 | $396.42 | $0.00 | $498.21 | $89,009.43 |
| 226 | $89,009.43 | $396.42 | $0.00 | $503.27 | $89,909.12 |
| 227 | $89,909.12 | $396.42 | $0.00 | $508.36 | $90,813.90 |
| 228 | $90,813.90 | $396.42 | $0.00 | $513.47 | $91,723.79 |
| 229 | $91,723.79 | $0.00 | $92,243.15 | $518.62 | -$0.74 |