| Estimated Annual Cost in 2042 | $70,363 |
| Monthly savings required | $313 |
How much will it cost to send your child to North Hennepin Community College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $140,726.79 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $312.62 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 | $20,114.00 |
| 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 North Hennepin Community College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $312.62 | $0.00 | $0.00 | $312.62 |
| 2 | $312.62 | $312.62 | $0.00 | $1.77 | $627.01 |
| 3 | $627.01 | $312.62 | $0.00 | $3.55 | $943.18 |
| 4 | $943.18 | $312.62 | $0.00 | $5.33 | $1,261.13 |
| 5 | $1,261.13 | $312.62 | $0.00 | $7.13 | $1,580.88 |
| 6 | $1,580.88 | $312.62 | $0.00 | $8.94 | $1,902.44 |
| 7 | $1,902.44 | $312.62 | $0.00 | $10.76 | $2,225.82 |
| 8 | $2,225.82 | $312.62 | $0.00 | $12.59 | $2,551.03 |
| 9 | $2,551.03 | $312.62 | $0.00 | $14.42 | $2,878.07 |
| 10 | $2,878.07 | $312.62 | $0.00 | $16.27 | $3,206.96 |
| 11 | $3,206.96 | $312.62 | $0.00 | $18.13 | $3,537.71 |
| 12 | $3,537.71 | $312.62 | $0.00 | $20.00 | $3,870.33 |
| 13 | $3,870.33 | $312.62 | $0.00 | $21.88 | $4,204.83 |
| 14 | $4,204.83 | $312.62 | $0.00 | $23.77 | $4,541.22 |
| 15 | $4,541.22 | $312.62 | $0.00 | $25.68 | $4,879.52 |
| 16 | $4,879.52 | $312.62 | $0.00 | $27.59 | $5,219.73 |
| 17 | $5,219.73 | $312.62 | $0.00 | $29.51 | $5,561.86 |
| 18 | $5,561.86 | $312.62 | $0.00 | $31.45 | $5,905.93 |
| 19 | $5,905.93 | $312.62 | $0.00 | $33.39 | $6,251.94 |
| 20 | $6,251.94 | $312.62 | $0.00 | $35.35 | $6,599.91 |
| 21 | $6,599.91 | $312.62 | $0.00 | $37.32 | $6,949.85 |
| 22 | $6,949.85 | $312.62 | $0.00 | $39.30 | $7,301.77 |
| 23 | $7,301.77 | $312.62 | $0.00 | $41.29 | $7,655.68 |
| 24 | $7,655.68 | $312.62 | $0.00 | $43.29 | $8,011.59 |
| 25 | $8,011.59 | $312.62 | $0.00 | $45.30 | $8,369.51 |
| 26 | $8,369.51 | $312.62 | $0.00 | $47.32 | $8,729.45 |
| 27 | $8,729.45 | $312.62 | $0.00 | $49.36 | $9,091.43 |
| 28 | $9,091.43 | $312.62 | $0.00 | $51.40 | $9,455.45 |
| 29 | $9,455.45 | $312.62 | $0.00 | $53.46 | $9,821.53 |
| 30 | $9,821.53 | $312.62 | $0.00 | $55.53 | $10,189.68 |
| 31 | $10,189.68 | $312.62 | $0.00 | $57.61 | $10,559.91 |
| 32 | $10,559.91 | $312.62 | $0.00 | $59.71 | $10,932.24 |
| 33 | $10,932.24 | $312.62 | $0.00 | $61.81 | $11,306.67 |
| 34 | $11,306.67 | $312.62 | $0.00 | $63.93 | $11,683.22 |
| 35 | $11,683.22 | $312.62 | $0.00 | $66.06 | $12,061.90 |
| 36 | $12,061.90 | $312.62 | $0.00 | $68.20 | $12,442.72 |
| 37 | $12,442.72 | $312.62 | $0.00 | $70.35 | $12,825.69 |
| 38 | $12,825.69 | $312.62 | $0.00 | $72.52 | $13,210.83 |
| 39 | $13,210.83 | $312.62 | $0.00 | $74.70 | $13,598.15 |
| 40 | $13,598.15 | $312.62 | $0.00 | $76.89 | $13,987.66 |
| 41 | $13,987.66 | $312.62 | $0.00 | $79.09 | $14,379.37 |
| 42 | $14,379.37 | $312.62 | $0.00 | $81.30 | $14,773.29 |
| 43 | $14,773.29 | $312.62 | $0.00 | $83.53 | $15,169.44 |
| 44 | $15,169.44 | $312.62 | $0.00 | $85.77 | $15,567.83 |
| 45 | $15,567.83 | $312.62 | $0.00 | $88.02 | $15,968.47 |
| 46 | $15,968.47 | $312.62 | $0.00 | $90.29 | $16,371.38 |
| 47 | $16,371.38 | $312.62 | $0.00 | $92.57 | $16,776.57 |
| 48 | $16,776.57 | $312.62 | $0.00 | $94.86 | $17,184.05 |
| 49 | $17,184.05 | $312.62 | $0.00 | $97.16 | $17,593.83 |
| 50 | $17,593.83 | $312.62 | $0.00 | $99.48 | $18,005.93 |
| 51 | $18,005.93 | $312.62 | $0.00 | $101.81 | $18,420.36 |
| 52 | $18,420.36 | $312.62 | $0.00 | $104.15 | $18,837.13 |
| 53 | $18,837.13 | $312.62 | $0.00 | $106.51 | $19,256.26 |
| 54 | $19,256.26 | $312.62 | $0.00 | $108.88 | $19,677.76 |
| 55 | $19,677.76 | $312.62 | $0.00 | $111.26 | $20,101.64 |
| 56 | $20,101.64 | $312.62 | $0.00 | $113.66 | $20,527.92 |
| 57 | $20,527.92 | $312.62 | $0.00 | $116.07 | $20,956.61 |
| 58 | $20,956.61 | $312.62 | $0.00 | $118.49 | $21,387.72 |
| 59 | $21,387.72 | $312.62 | $0.00 | $120.93 | $21,821.27 |
| 60 | $21,821.27 | $312.62 | $0.00 | $123.38 | $22,257.27 |
| 61 | $22,257.27 | $312.62 | $0.00 | $125.85 | $22,695.74 |
| 62 | $22,695.74 | $312.62 | $0.00 | $128.33 | $23,136.69 |
| 63 | $23,136.69 | $312.62 | $0.00 | $130.82 | $23,580.13 |
| 64 | $23,580.13 | $312.62 | $0.00 | $133.33 | $24,026.08 |
| 65 | $24,026.08 | $312.62 | $0.00 | $135.85 | $24,474.55 |
| 66 | $24,474.55 | $312.62 | $0.00 | $138.38 | $24,925.55 |
| 67 | $24,925.55 | $312.62 | $0.00 | $140.93 | $25,379.10 |
| 68 | $25,379.10 | $312.62 | $0.00 | $143.50 | $25,835.22 |
| 69 | $25,835.22 | $312.62 | $0.00 | $146.08 | $26,293.92 |
| 70 | $26,293.92 | $312.62 | $0.00 | $148.67 | $26,755.21 |
| 71 | $26,755.21 | $312.62 | $0.00 | $151.28 | $27,219.11 |
| 72 | $27,219.11 | $312.62 | $0.00 | $153.90 | $27,685.63 |
| 73 | $27,685.63 | $312.62 | $0.00 | $156.54 | $28,154.79 |
| 74 | $28,154.79 | $312.62 | $0.00 | $159.19 | $28,626.60 |
| 75 | $28,626.60 | $312.62 | $0.00 | $161.86 | $29,101.08 |
| 76 | $29,101.08 | $312.62 | $0.00 | $164.54 | $29,578.24 |
| 77 | $29,578.24 | $312.62 | $0.00 | $167.24 | $30,058.10 |
| 78 | $30,058.10 | $312.62 | $0.00 | $169.95 | $30,540.67 |
| 79 | $30,540.67 | $312.62 | $0.00 | $172.68 | $31,025.97 |
| 80 | $31,025.97 | $312.62 | $0.00 | $175.43 | $31,514.02 |
| 81 | $31,514.02 | $312.62 | $0.00 | $178.18 | $32,004.82 |
| 82 | $32,004.82 | $312.62 | $0.00 | $180.96 | $32,498.40 |
| 83 | $32,498.40 | $312.62 | $0.00 | $183.75 | $32,994.77 |
| 84 | $32,994.77 | $312.62 | $0.00 | $186.56 | $33,493.95 |
| 85 | $33,493.95 | $312.62 | $0.00 | $189.38 | $33,995.95 |
| 86 | $33,995.95 | $312.62 | $0.00 | $192.22 | $34,500.79 |
| 87 | $34,500.79 | $312.62 | $0.00 | $195.07 | $35,008.48 |
| 88 | $35,008.48 | $312.62 | $0.00 | $197.94 | $35,519.04 |
| 89 | $35,519.04 | $312.62 | $0.00 | $200.83 | $36,032.49 |
| 90 | $36,032.49 | $312.62 | $0.00 | $203.73 | $36,548.84 |
| 91 | $36,548.84 | $312.62 | $0.00 | $206.65 | $37,068.11 |
| 92 | $37,068.11 | $312.62 | $0.00 | $209.59 | $37,590.32 |
| 93 | $37,590.32 | $312.62 | $0.00 | $212.54 | $38,115.48 |
| 94 | $38,115.48 | $312.62 | $0.00 | $215.51 | $38,643.61 |
| 95 | $38,643.61 | $312.62 | $0.00 | $218.50 | $39,174.73 |
| 96 | $39,174.73 | $312.62 | $0.00 | $221.50 | $39,708.85 |
| 97 | $39,708.85 | $312.62 | $0.00 | $224.52 | $40,245.99 |
| 98 | $40,245.99 | $312.62 | $0.00 | $227.56 | $40,786.17 |
| 99 | $40,786.17 | $312.62 | $0.00 | $230.61 | $41,329.40 |
| 100 | $41,329.40 | $312.62 | $0.00 | $233.68 | $41,875.70 |
| 101 | $41,875.70 | $312.62 | $0.00 | $236.77 | $42,425.09 |
| 102 | $42,425.09 | $312.62 | $0.00 | $239.88 | $42,977.59 |
| 103 | $42,977.59 | $312.62 | $0.00 | $243.00 | $43,533.21 |
| 104 | $43,533.21 | $312.62 | $0.00 | $246.14 | $44,091.97 |
| 105 | $44,091.97 | $312.62 | $0.00 | $249.30 | $44,653.89 |
| 106 | $44,653.89 | $312.62 | $0.00 | $252.48 | $45,218.99 |
| 107 | $45,218.99 | $312.62 | $0.00 | $255.67 | $45,787.28 |
| 108 | $45,787.28 | $312.62 | $0.00 | $258.89 | $46,358.79 |
| 109 | $46,358.79 | $312.62 | $0.00 | $262.12 | $46,933.53 |
| 110 | $46,933.53 | $312.62 | $0.00 | $265.37 | $47,511.52 |
| 111 | $47,511.52 | $312.62 | $0.00 | $268.64 | $48,092.78 |
| 112 | $48,092.78 | $312.62 | $0.00 | $271.92 | $48,677.32 |
| 113 | $48,677.32 | $312.62 | $0.00 | $275.23 | $49,265.17 |
| 114 | $49,265.17 | $312.62 | $0.00 | $278.55 | $49,856.34 |
| 115 | $49,856.34 | $312.62 | $0.00 | $281.89 | $50,450.85 |
| 116 | $50,450.85 | $312.62 | $0.00 | $285.26 | $51,048.73 |
| 117 | $51,048.73 | $312.62 | $0.00 | $288.64 | $51,649.99 |
| 118 | $51,649.99 | $312.62 | $0.00 | $292.04 | $52,254.65 |
| 119 | $52,254.65 | $312.62 | $0.00 | $295.46 | $52,862.73 |
| 120 | $52,862.73 | $312.62 | $0.00 | $298.89 | $53,474.24 |
| 121 | $53,474.24 | $312.62 | $0.00 | $302.35 | $54,089.21 |
| 122 | $54,089.21 | $312.62 | $0.00 | $305.83 | $54,707.66 |
| 123 | $54,707.66 | $312.62 | $0.00 | $309.33 | $55,329.61 |
| 124 | $55,329.61 | $312.62 | $0.00 | $312.84 | $55,955.07 |
| 125 | $55,955.07 | $312.62 | $0.00 | $316.38 | $56,584.07 |
| 126 | $56,584.07 | $312.62 | $0.00 | $319.93 | $57,216.62 |
| 127 | $57,216.62 | $312.62 | $0.00 | $323.51 | $57,852.75 |
| 128 | $57,852.75 | $312.62 | $0.00 | $327.11 | $58,492.48 |
| 129 | $58,492.48 | $312.62 | $0.00 | $330.72 | $59,135.82 |
| 130 | $59,135.82 | $312.62 | $0.00 | $334.36 | $59,782.80 |
| 131 | $59,782.80 | $312.62 | $0.00 | $338.02 | $60,433.44 |
| 132 | $60,433.44 | $312.62 | $0.00 | $341.70 | $61,087.76 |
| 133 | $61,087.76 | $312.62 | $0.00 | $345.40 | $61,745.78 |
| 134 | $61,745.78 | $312.62 | $0.00 | $349.12 | $62,407.52 |
| 135 | $62,407.52 | $312.62 | $0.00 | $352.86 | $63,073.00 |
| 136 | $63,073.00 | $312.62 | $0.00 | $356.62 | $63,742.24 |
| 137 | $63,742.24 | $312.62 | $0.00 | $360.41 | $64,415.27 |
| 138 | $64,415.27 | $312.62 | $0.00 | $364.21 | $65,092.10 |
| 139 | $65,092.10 | $312.62 | $0.00 | $368.04 | $65,772.76 |
| 140 | $65,772.76 | $312.62 | $0.00 | $371.89 | $66,457.27 |
| 141 | $66,457.27 | $312.62 | $0.00 | $375.76 | $67,145.65 |
| 142 | $67,145.65 | $312.62 | $0.00 | $379.65 | $67,837.92 |
| 143 | $67,837.92 | $312.62 | $0.00 | $383.57 | $68,534.11 |
| 144 | $68,534.11 | $312.62 | $0.00 | $387.50 | $69,234.23 |
| 145 | $69,234.23 | $312.62 | $0.00 | $391.46 | $69,938.31 |
| 146 | $69,938.31 | $312.62 | $0.00 | $395.44 | $70,646.37 |
| 147 | $70,646.37 | $312.62 | $0.00 | $399.44 | $71,358.43 |
| 148 | $71,358.43 | $312.62 | $0.00 | $403.47 | $72,074.52 |
| 149 | $72,074.52 | $312.62 | $0.00 | $407.52 | $72,794.66 |
| 150 | $72,794.66 | $312.62 | $0.00 | $411.59 | $73,518.87 |
| 151 | $73,518.87 | $312.62 | $0.00 | $415.69 | $74,247.18 |
| 152 | $74,247.18 | $312.62 | $0.00 | $419.80 | $74,979.60 |
| 153 | $74,979.60 | $312.62 | $0.00 | $423.95 | $75,716.17 |
| 154 | $75,716.17 | $312.62 | $0.00 | $428.11 | $76,456.90 |
| 155 | $76,456.90 | $312.62 | $0.00 | $432.30 | $77,201.82 |
| 156 | $77,201.82 | $312.62 | $0.00 | $436.51 | $77,950.95 |
| 157 | $77,950.95 | $312.62 | $0.00 | $440.75 | $78,704.32 |
| 158 | $78,704.32 | $312.62 | $0.00 | $445.01 | $79,461.95 |
| 159 | $79,461.95 | $312.62 | $0.00 | $449.29 | $80,223.86 |
| 160 | $80,223.86 | $312.62 | $0.00 | $453.60 | $80,990.08 |
| 161 | $80,990.08 | $312.62 | $0.00 | $457.93 | $81,760.63 |
| 162 | $81,760.63 | $312.62 | $0.00 | $462.29 | $82,535.54 |
| 163 | $82,535.54 | $312.62 | $0.00 | $466.67 | $83,314.83 |
| 164 | $83,314.83 | $312.62 | $0.00 | $471.07 | $84,098.52 |
| 165 | $84,098.52 | $312.62 | $0.00 | $475.51 | $84,886.65 |
| 166 | $84,886.65 | $312.62 | $0.00 | $479.96 | $85,679.23 |
| 167 | $85,679.23 | $312.62 | $0.00 | $484.44 | $86,476.29 |
| 168 | $86,476.29 | $312.62 | $0.00 | $488.95 | $87,277.86 |
| 169 | $87,277.86 | $312.62 | $0.00 | $493.48 | $88,083.96 |
| 170 | $88,083.96 | $312.62 | $0.00 | $498.04 | $88,894.62 |
| 171 | $88,894.62 | $312.62 | $0.00 | $502.62 | $89,709.86 |
| 172 | $89,709.86 | $312.62 | $0.00 | $507.23 | $90,529.71 |
| 173 | $90,529.71 | $312.62 | $0.00 | $511.87 | $91,354.20 |
| 174 | $91,354.20 | $312.62 | $0.00 | $516.53 | $92,183.35 |
| 175 | $92,183.35 | $312.62 | $0.00 | $521.22 | $93,017.19 |
| 176 | $93,017.19 | $312.62 | $0.00 | $525.93 | $93,855.74 |
| 177 | $93,855.74 | $312.62 | $0.00 | $530.67 | $94,699.03 |
| 178 | $94,699.03 | $312.62 | $0.00 | $535.44 | $95,547.09 |
| 179 | $95,547.09 | $312.62 | $0.00 | $540.24 | $96,399.95 |
| 180 | $96,399.95 | $312.62 | $0.00 | $545.06 | $97,257.63 |
| 181 | $97,257.63 | $312.62 | $0.00 | $549.91 | $98,120.16 |
| 182 | $98,120.16 | $312.62 | $0.00 | $554.79 | $98,987.57 |
| 183 | $98,987.57 | $312.62 | $0.00 | $559.69 | $99,859.88 |
| 184 | $99,859.88 | $312.62 | $0.00 | $564.62 | $100,737.12 |
| 185 | $100,737.12 | $312.62 | $0.00 | $569.58 | $101,619.32 |
| 186 | $101,619.32 | $312.62 | $0.00 | $574.57 | $102,506.51 |
| 187 | $102,506.51 | $312.62 | $0.00 | $579.59 | $103,398.72 |
| 188 | $103,398.72 | $312.62 | $0.00 | $584.63 | $104,295.97 |
| 189 | $104,295.97 | $312.62 | $0.00 | $589.70 | $105,198.29 |
| 190 | $105,198.29 | $312.62 | $0.00 | $594.81 | $106,105.72 |
| 191 | $106,105.72 | $312.62 | $0.00 | $599.94 | $107,018.28 |
| 192 | $107,018.28 | $312.62 | $0.00 | $605.10 | $107,936.00 |
| 193 | $107,936.00 | $312.62 | $0.00 | $610.29 | $108,858.91 |
| 194 | $108,858.91 | $312.62 | $0.00 | $615.50 | $109,787.03 |
| 195 | $109,787.03 | $312.62 | $0.00 | $620.75 | $110,720.40 |
| 196 | $110,720.40 | $312.62 | $0.00 | $626.03 | $111,659.05 |
| 197 | $111,659.05 | $312.62 | $0.00 | $631.34 | $112,603.01 |
| 198 | $112,603.01 | $312.62 | $0.00 | $636.67 | $113,552.30 |
| 199 | $113,552.30 | $312.62 | $0.00 | $642.04 | $114,506.96 |
| 200 | $114,506.96 | $312.62 | $0.00 | $647.44 | $115,467.02 |
| 201 | $115,467.02 | $312.62 | $0.00 | $652.87 | $116,432.51 |
| 202 | $116,432.51 | $312.62 | $0.00 | $658.33 | $117,403.46 |
| 203 | $117,403.46 | $312.62 | $0.00 | $663.82 | $118,379.90 |
| 204 | $118,379.90 | $312.62 | $0.00 | $669.34 | $119,361.86 |
| 205 | $119,361.86 | $312.62 | $0.00 | $674.89 | $120,349.37 |
| 206 | $120,349.37 | $312.62 | $0.00 | $680.47 | $121,342.46 |
| 207 | $121,342.46 | $312.62 | $0.00 | $686.09 | $122,341.17 |
| 208 | $122,341.17 | $312.62 | $0.00 | $691.73 | $123,345.52 |
| 209 | $123,345.52 | $312.62 | $0.00 | $697.41 | $124,355.55 |
| 210 | $124,355.55 | $312.62 | $0.00 | $703.12 | $125,371.29 |
| 211 | $125,371.29 | $312.62 | $0.00 | $708.87 | $126,392.78 |
| 212 | $126,392.78 | $312.62 | $0.00 | $714.64 | $127,420.04 |
| 213 | $127,420.04 | $312.62 | $0.00 | $720.45 | $128,453.11 |
| 214 | $128,453.11 | $312.62 | $0.00 | $726.29 | $129,492.02 |
| 215 | $129,492.02 | $312.62 | $0.00 | $732.17 | $130,536.81 |
| 216 | $130,536.81 | $312.62 | $0.00 | $738.07 | $131,587.50 |
| 217 | $131,587.50 | $312.62 | $67,983.96 | $744.01 | $64,660.17 |
| 218 | $64,660.17 | $312.62 | $0.00 | $365.60 | $65,338.39 |
| 219 | $65,338.39 | $312.62 | $0.00 | $369.43 | $66,020.44 |
| 220 | $66,020.44 | $312.62 | $0.00 | $373.29 | $66,706.35 |
| 221 | $66,706.35 | $312.62 | $0.00 | $377.17 | $67,396.14 |
| 222 | $67,396.14 | $312.62 | $0.00 | $381.07 | $68,089.83 |
| 223 | $68,089.83 | $312.62 | $0.00 | $384.99 | $68,787.44 |
| 224 | $68,787.44 | $312.62 | $0.00 | $388.93 | $69,488.99 |
| 225 | $69,488.99 | $312.62 | $0.00 | $392.90 | $70,194.51 |
| 226 | $70,194.51 | $312.62 | $0.00 | $396.89 | $70,904.02 |
| 227 | $70,904.02 | $312.62 | $0.00 | $400.90 | $71,617.54 |
| 228 | $71,617.54 | $312.62 | $0.00 | $404.94 | $72,335.10 |
| 229 | $72,335.10 | $0.00 | $72,742.83 | $408.99 | $1.26 |