Savings Plan and Future Cost Estimation for Clark University

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$244,857
Monthly savings required$1,935

How much will it cost to send your child to Clark University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $979,427.72 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,935.16 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$65,266.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

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

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,935.16 $0.00 $0.00 $1,935.16
2 $1,935.16 $1,935.16 $0.00 $10.94 $3,881.26
3 $3,881.26 $1,935.16 $0.00 $21.95 $5,838.37
4 $5,838.37 $1,935.16 $0.00 $33.01 $7,806.54
5 $7,806.54 $1,935.16 $0.00 $44.14 $9,785.84
6 $9,785.84 $1,935.16 $0.00 $55.33 $11,776.33
7 $11,776.33 $1,935.16 $0.00 $66.59 $13,778.08
8 $13,778.08 $1,935.16 $0.00 $77.90 $15,791.14
9 $15,791.14 $1,935.16 $0.00 $89.29 $17,815.59
10 $17,815.59 $1,935.16 $0.00 $100.73 $19,851.48
11 $19,851.48 $1,935.16 $0.00 $112.24 $21,898.88
12 $21,898.88 $1,935.16 $0.00 $123.82 $23,957.86
13 $23,957.86 $1,935.16 $0.00 $135.46 $26,028.48
14 $26,028.48 $1,935.16 $0.00 $147.17 $28,110.81
15 $28,110.81 $1,935.16 $0.00 $158.94 $30,204.91
16 $30,204.91 $1,935.16 $0.00 $170.78 $32,310.85
17 $32,310.85 $1,935.16 $0.00 $182.69 $34,428.70
18 $34,428.70 $1,935.16 $0.00 $194.66 $36,558.52
19 $36,558.52 $1,935.16 $0.00 $206.71 $38,700.39
20 $38,700.39 $1,935.16 $0.00 $218.82 $40,854.37
21 $40,854.37 $1,935.16 $0.00 $231.00 $43,020.53
22 $43,020.53 $1,935.16 $0.00 $243.24 $45,198.93
23 $45,198.93 $1,935.16 $0.00 $255.56 $47,389.65
24 $47,389.65 $1,935.16 $0.00 $267.95 $49,592.76
25 $49,592.76 $1,935.16 $0.00 $280.40 $51,808.32
26 $51,808.32 $1,935.16 $0.00 $292.93 $54,036.41
27 $54,036.41 $1,935.16 $0.00 $305.53 $56,277.10
28 $56,277.10 $1,935.16 $0.00 $318.20 $58,530.46
29 $58,530.46 $1,935.16 $0.00 $330.94 $60,796.56
30 $60,796.56 $1,935.16 $0.00 $343.75 $63,075.47
31 $63,075.47 $1,935.16 $0.00 $356.64 $65,367.27
32 $65,367.27 $1,935.16 $0.00 $369.60 $67,672.03
33 $67,672.03 $1,935.16 $0.00 $382.63 $69,989.82
34 $69,989.82 $1,935.16 $0.00 $395.73 $72,320.71
35 $72,320.71 $1,935.16 $0.00 $408.91 $74,664.78
36 $74,664.78 $1,935.16 $0.00 $422.17 $77,022.11
37 $77,022.11 $1,935.16 $0.00 $435.49 $79,392.76
38 $79,392.76 $1,935.16 $0.00 $448.90 $81,776.82
39 $81,776.82 $1,935.16 $0.00 $462.38 $84,174.36
40 $84,174.36 $1,935.16 $0.00 $475.93 $86,585.45
41 $86,585.45 $1,935.16 $0.00 $489.57 $89,010.18
42 $89,010.18 $1,935.16 $0.00 $503.28 $91,448.62
43 $91,448.62 $1,935.16 $0.00 $517.06 $93,900.84
44 $93,900.84 $1,935.16 $0.00 $530.93 $96,366.93
45 $96,366.93 $1,935.16 $0.00 $544.87 $98,846.96
46 $98,846.96 $1,935.16 $0.00 $558.90 $101,341.02
47 $101,341.02 $1,935.16 $0.00 $573.00 $103,849.18
48 $103,849.18 $1,935.16 $0.00 $587.18 $106,371.52
49 $106,371.52 $1,935.16 $0.00 $601.44 $108,908.12
50 $108,908.12 $1,935.16 $0.00 $615.78 $111,459.06
51 $111,459.06 $1,935.16 $0.00 $630.21 $114,024.43
52 $114,024.43 $1,935.16 $0.00 $644.71 $116,604.30
53 $116,604.30 $1,935.16 $0.00 $659.30 $119,198.76
54 $119,198.76 $1,935.16 $0.00 $673.97 $121,807.89
55 $121,807.89 $1,935.16 $0.00 $688.72 $124,431.77
56 $124,431.77 $1,935.16 $0.00 $703.56 $127,070.49
57 $127,070.49 $1,935.16 $0.00 $718.48 $129,724.13
58 $129,724.13 $1,935.16 $0.00 $733.48 $132,392.77
59 $132,392.77 $1,935.16 $0.00 $748.57 $135,076.50
60 $135,076.50 $1,935.16 $0.00 $763.74 $137,775.40
61 $137,775.40 $1,935.16 $0.00 $779.00 $140,489.56
62 $140,489.56 $1,935.16 $0.00 $794.35 $143,219.07
63 $143,219.07 $1,935.16 $0.00 $809.78 $145,964.01
64 $145,964.01 $1,935.16 $0.00 $825.30 $148,724.47
65 $148,724.47 $1,935.16 $0.00 $840.91 $151,500.54
66 $151,500.54 $1,935.16 $0.00 $856.61 $154,292.31
67 $154,292.31 $1,935.16 $0.00 $872.39 $157,099.86
68 $157,099.86 $1,935.16 $0.00 $888.27 $159,923.29
69 $159,923.29 $1,935.16 $0.00 $904.23 $162,762.68
70 $162,762.68 $1,935.16 $0.00 $920.28 $165,618.12
71 $165,618.12 $1,935.16 $0.00 $936.43 $168,489.71
72 $168,489.71 $1,935.16 $0.00 $952.67 $171,377.54
73 $171,377.54 $1,935.16 $0.00 $968.99 $174,281.69
74 $174,281.69 $1,935.16 $0.00 $985.41 $177,202.26
75 $177,202.26 $1,935.16 $0.00 $1,001.93 $180,139.35
76 $180,139.35 $1,935.16 $0.00 $1,018.53 $183,093.04
77 $183,093.04 $1,935.16 $0.00 $1,035.23 $186,063.43
78 $186,063.43 $1,935.16 $0.00 $1,052.03 $189,050.62
79 $189,050.62 $1,935.16 $0.00 $1,068.92 $192,054.70
80 $192,054.70 $1,935.16 $0.00 $1,085.91 $195,075.77
81 $195,075.77 $1,935.16 $0.00 $1,102.99 $198,113.92
82 $198,113.92 $1,935.16 $0.00 $1,120.16 $201,169.24
83 $201,169.24 $1,935.16 $0.00 $1,137.44 $204,241.84
84 $204,241.84 $1,935.16 $0.00 $1,154.81 $207,331.81
85 $207,331.81 $1,935.16 $0.00 $1,172.28 $210,439.25
86 $210,439.25 $1,935.16 $0.00 $1,189.85 $213,564.26
87 $213,564.26 $1,935.16 $0.00 $1,207.52 $216,706.94
88 $216,706.94 $1,935.16 $0.00 $1,225.29 $219,867.39
89 $219,867.39 $1,935.16 $0.00 $1,243.16 $223,045.71
90 $223,045.71 $1,935.16 $0.00 $1,261.13 $226,242.00
91 $226,242.00 $1,935.16 $0.00 $1,279.21 $229,456.37
92 $229,456.37 $1,935.16 $0.00 $1,297.38 $232,688.91
93 $232,688.91 $1,935.16 $0.00 $1,315.66 $235,939.73
94 $235,939.73 $1,935.16 $0.00 $1,334.04 $239,208.93
95 $239,208.93 $1,935.16 $0.00 $1,352.52 $242,496.61
96 $242,496.61 $1,935.16 $0.00 $1,371.11 $245,802.88
97 $245,802.88 $1,935.16 $0.00 $1,389.81 $249,127.85
98 $249,127.85 $1,935.16 $0.00 $1,408.61 $252,471.62
99 $252,471.62 $1,935.16 $0.00 $1,427.51 $255,834.29
100 $255,834.29 $1,935.16 $0.00 $1,446.52 $259,215.97
101 $259,215.97 $1,935.16 $0.00 $1,465.64 $262,616.77
102 $262,616.77 $1,935.16 $0.00 $1,484.87 $266,036.80
103 $266,036.80 $1,935.16 $0.00 $1,504.21 $269,476.17
104 $269,476.17 $1,935.16 $0.00 $1,523.66 $272,934.99
105 $272,934.99 $1,935.16 $0.00 $1,543.21 $276,413.36
106 $276,413.36 $1,935.16 $0.00 $1,562.88 $279,911.40
107 $279,911.40 $1,935.16 $0.00 $1,582.66 $283,429.22
108 $283,429.22 $1,935.16 $0.00 $1,602.55 $286,966.93
109 $286,966.93 $1,935.16 $0.00 $1,622.55 $290,524.64
110 $290,524.64 $1,935.16 $0.00 $1,642.67 $294,102.47
111 $294,102.47 $1,935.16 $0.00 $1,662.90 $297,700.53
112 $297,700.53 $1,935.16 $0.00 $1,683.24 $301,318.93
113 $301,318.93 $1,935.16 $0.00 $1,703.70 $304,957.79
114 $304,957.79 $1,935.16 $0.00 $1,724.28 $308,617.23
115 $308,617.23 $1,935.16 $0.00 $1,744.97 $312,297.36
116 $312,297.36 $1,935.16 $0.00 $1,765.77 $315,998.29
117 $315,998.29 $1,935.16 $0.00 $1,786.70 $319,720.15
118 $319,720.15 $1,935.16 $0.00 $1,807.74 $323,463.05
119 $323,463.05 $1,935.16 $0.00 $1,828.91 $327,227.12
120 $327,227.12 $1,935.16 $0.00 $1,850.19 $331,012.47
121 $331,012.47 $1,935.16 $0.00 $1,871.59 $334,819.22
122 $334,819.22 $1,935.16 $0.00 $1,893.12 $338,647.50
123 $338,647.50 $1,935.16 $0.00 $1,914.76 $342,497.42
124 $342,497.42 $1,935.16 $0.00 $1,936.53 $346,369.11
125 $346,369.11 $1,935.16 $0.00 $1,958.42 $350,262.69
126 $350,262.69 $1,935.16 $0.00 $1,980.44 $354,178.29
127 $354,178.29 $1,935.16 $0.00 $2,002.58 $358,116.03
128 $358,116.03 $1,935.16 $0.00 $2,024.84 $362,076.03
129 $362,076.03 $1,935.16 $0.00 $2,047.23 $366,058.42
130 $366,058.42 $1,935.16 $0.00 $2,069.75 $370,063.33
131 $370,063.33 $1,935.16 $0.00 $2,092.39 $374,090.88
132 $374,090.88 $1,935.16 $0.00 $2,115.16 $378,141.20
133 $378,141.20 $1,935.16 $0.00 $2,138.07 $382,214.43
134 $382,214.43 $1,935.16 $0.00 $2,161.10 $386,310.69
135 $386,310.69 $1,935.16 $0.00 $2,184.26 $390,430.11
136 $390,430.11 $1,935.16 $0.00 $2,207.55 $394,572.82
137 $394,572.82 $1,935.16 $0.00 $2,230.97 $398,738.95
138 $398,738.95 $1,935.16 $0.00 $2,254.53 $402,928.64
139 $402,928.64 $1,935.16 $0.00 $2,278.22 $407,142.02
140 $407,142.02 $1,935.16 $0.00 $2,302.04 $411,379.22
141 $411,379.22 $1,935.16 $0.00 $2,326.00 $415,640.38
142 $415,640.38 $1,935.16 $0.00 $2,350.09 $419,925.63
143 $419,925.63 $1,935.16 $0.00 $2,374.32 $424,235.11
144 $424,235.11 $1,935.16 $0.00 $2,398.69 $428,568.96
145 $428,568.96 $1,935.16 $0.00 $2,423.19 $432,927.31
146 $432,927.31 $1,935.16 $0.00 $2,447.83 $437,310.30
147 $437,310.30 $1,935.16 $0.00 $2,472.62 $441,718.08
148 $441,718.08 $1,935.16 $0.00 $2,497.54 $446,150.78
149 $446,150.78 $1,935.16 $0.00 $2,522.60 $450,608.54
150 $450,608.54 $1,935.16 $0.00 $2,547.81 $455,091.51
151 $455,091.51 $1,935.16 $0.00 $2,573.15 $459,599.82
152 $459,599.82 $1,935.16 $0.00 $2,598.64 $464,133.62
153 $464,133.62 $1,935.16 $0.00 $2,624.28 $468,693.06
154 $468,693.06 $1,935.16 $0.00 $2,650.06 $473,278.28
155 $473,278.28 $1,935.16 $0.00 $2,675.98 $477,889.42
156 $477,889.42 $1,935.16 $0.00 $2,702.06 $482,526.64
157 $482,526.64 $1,935.16 $0.00 $2,728.28 $487,190.08
158 $487,190.08 $1,935.16 $0.00 $2,754.64 $491,879.88
159 $491,879.88 $1,935.16 $0.00 $2,781.16 $496,596.20
160 $496,596.20 $1,935.16 $0.00 $2,807.83 $501,339.19
161 $501,339.19 $1,935.16 $0.00 $2,834.64 $506,108.99
162 $506,108.99 $1,935.16 $0.00 $2,861.61 $510,905.76
163 $510,905.76 $1,935.16 $0.00 $2,888.74 $515,729.66
164 $515,729.66 $1,935.16 $0.00 $2,916.01 $520,580.83
165 $520,580.83 $1,935.16 $0.00 $2,943.44 $525,459.43
166 $525,459.43 $1,935.16 $0.00 $2,971.02 $530,365.61
167 $530,365.61 $1,935.16 $0.00 $2,998.76 $535,299.53
168 $535,299.53 $1,935.16 $0.00 $3,026.66 $540,261.35
169 $540,261.35 $1,935.16 $0.00 $3,054.72 $545,251.23
170 $545,251.23 $1,935.16 $0.00 $3,082.93 $550,269.32
171 $550,269.32 $1,935.16 $0.00 $3,111.30 $555,315.78
172 $555,315.78 $1,935.16 $0.00 $3,139.84 $560,390.78
173 $560,390.78 $1,935.16 $0.00 $3,168.53 $565,494.47
174 $565,494.47 $1,935.16 $0.00 $3,197.39 $570,627.02
175 $570,627.02 $1,935.16 $0.00 $3,226.41 $575,788.59
176 $575,788.59 $1,935.16 $0.00 $3,255.59 $580,979.34
177 $580,979.34 $1,935.16 $0.00 $3,284.94 $586,199.44
178 $586,199.44 $1,935.16 $0.00 $3,314.46 $591,449.06
179 $591,449.06 $1,935.16 $0.00 $3,344.14 $596,728.36
180 $596,728.36 $1,935.16 $0.00 $3,373.99 $602,037.51
181 $602,037.51 $1,935.16 $0.00 $3,404.01 $607,376.68
182 $607,376.68 $1,935.16 $0.00 $3,434.20 $612,746.04
183 $612,746.04 $1,935.16 $0.00 $3,464.56 $618,145.76
184 $618,145.76 $1,935.16 $0.00 $3,495.09 $623,576.01
185 $623,576.01 $1,935.16 $0.00 $3,525.79 $629,036.96
186 $629,036.96 $1,935.16 $0.00 $3,556.67 $634,528.79
187 $634,528.79 $1,935.16 $0.00 $3,587.72 $640,051.67
188 $640,051.67 $1,935.16 $0.00 $3,618.95 $645,605.78
189 $645,605.78 $1,935.16 $0.00 $3,650.35 $651,191.29
190 $651,191.29 $1,935.16 $0.00 $3,681.93 $656,808.38
191 $656,808.38 $1,935.16 $0.00 $3,713.69 $662,457.23
192 $662,457.23 $1,935.16 $0.00 $3,745.63 $668,138.02
193 $668,138.02 $1,935.16 $0.00 $3,777.75 $673,850.93
194 $673,850.93 $1,935.16 $0.00 $3,810.05 $679,596.14
195 $679,596.14 $1,935.16 $0.00 $3,842.54 $685,373.84
196 $685,373.84 $1,935.16 $0.00 $3,875.20 $691,184.20
197 $691,184.20 $1,935.16 $0.00 $3,908.06 $697,027.42
198 $697,027.42 $1,935.16 $0.00 $3,941.09 $702,903.67
199 $702,903.67 $1,935.16 $0.00 $3,974.32 $708,813.15
200 $708,813.15 $1,935.16 $0.00 $4,007.73 $714,756.04
201 $714,756.04 $1,935.16 $0.00 $4,041.33 $720,732.53
202 $720,732.53 $1,935.16 $0.00 $4,075.13 $726,742.82
203 $726,742.82 $1,935.16 $0.00 $4,109.11 $732,787.09
204 $732,787.09 $1,935.16 $0.00 $4,143.28 $738,865.53
205 $738,865.53 $1,935.16 $0.00 $4,177.65 $744,978.34
206 $744,978.34 $1,935.16 $0.00 $4,212.22 $751,125.72
207 $751,125.72 $1,935.16 $0.00 $4,246.97 $757,307.85
208 $757,307.85 $1,935.16 $0.00 $4,281.93 $763,524.94
209 $763,524.94 $1,935.16 $0.00 $4,317.08 $769,777.18
210 $769,777.18 $1,935.16 $0.00 $4,352.43 $776,064.77
211 $776,064.77 $1,935.16 $0.00 $4,387.98 $782,387.91
212 $782,387.91 $1,935.16 $0.00 $4,423.73 $788,746.80
213 $788,746.80 $1,935.16 $0.00 $4,459.69 $795,141.65
214 $795,141.65 $1,935.16 $0.00 $4,495.85 $801,572.66
215 $801,572.66 $1,935.16 $0.00 $4,532.21 $808,040.03
216 $808,040.03 $1,935.16 $0.00 $4,568.78 $814,543.97
217 $814,543.97 $1,935.16 $220,594.66 $4,605.55 $600,490.02
218 $600,490.02 $1,935.16 $0.00 $3,395.26 $605,820.44
219 $605,820.44 $1,935.16 $0.00 $3,425.40 $611,181.00
220 $611,181.00 $1,935.16 $0.00 $3,455.71 $616,571.87
221 $616,571.87 $1,935.16 $0.00 $3,486.19 $621,993.22
222 $621,993.22 $1,935.16 $0.00 $3,516.84 $627,445.22
223 $627,445.22 $1,935.16 $0.00 $3,547.67 $632,928.05
224 $632,928.05 $1,935.16 $0.00 $3,578.67 $638,441.88
225 $638,441.88 $1,935.16 $0.00 $3,609.84 $643,986.88
226 $643,986.88 $1,935.16 $0.00 $3,641.20 $649,563.24
227 $649,563.24 $1,935.16 $0.00 $3,672.72 $655,171.12
228 $655,171.12 $1,935.16 $0.00 $3,704.43 $660,810.71
229 $660,810.71 $1,935.16 $236,036.29 $3,736.32 $430,445.90
230 $430,445.90 $1,935.16 $0.00 $2,433.80 $434,814.86
231 $434,814.86 $1,935.16 $0.00 $2,458.51 $439,208.53
232 $439,208.53 $1,935.16 $0.00 $2,483.35 $443,627.04
233 $443,627.04 $1,935.16 $0.00 $2,508.33 $448,070.53
234 $448,070.53 $1,935.16 $0.00 $2,533.46 $452,539.15
235 $452,539.15 $1,935.16 $0.00 $2,558.72 $457,033.03
236 $457,033.03 $1,935.16 $0.00 $2,584.13 $461,552.32
237 $461,552.32 $1,935.16 $0.00 $2,609.68 $466,097.16
238 $466,097.16 $1,935.16 $0.00 $2,635.38 $470,667.70
239 $470,667.70 $1,935.16 $0.00 $2,661.22 $475,264.08
240 $475,264.08 $1,935.16 $0.00 $2,687.21 $479,886.45
241 $479,886.45 $1,935.16 $252,558.83 $2,713.35 $231,976.13
242 $231,976.13 $1,935.16 $0.00 $1,311.63 $235,222.92
243 $235,222.92 $1,935.16 $0.00 $1,329.98 $238,488.06
244 $238,488.06 $1,935.16 $0.00 $1,348.45 $241,771.67
245 $241,771.67 $1,935.16 $0.00 $1,367.01 $245,073.84
246 $245,073.84 $1,935.16 $0.00 $1,385.68 $248,394.68
247 $248,394.68 $1,935.16 $0.00 $1,404.46 $251,734.30
248 $251,734.30 $1,935.16 $0.00 $1,423.34 $255,092.80
249 $255,092.80 $1,935.16 $0.00 $1,442.33 $258,470.29
250 $258,470.29 $1,935.16 $0.00 $1,461.43 $261,866.88
251 $261,866.88 $1,935.16 $0.00 $1,480.63 $265,282.67
252 $265,282.67 $1,935.16 $0.00 $1,499.95 $268,717.78
253 $268,717.78 $0.00 $270,237.94 $1,519.37 -$0.79