Quantcast

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2037$163,782
Monthly savings required$1,296

How much will it cost to send your child to Rice University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $655,127.18 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,296.47 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$63,158.00
Years until enrollment18
Annual Tuition Increase5%
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 Rice University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,296.47 $0.00 $0.00 $1,296.47
2 $1,296.47 $1,296.47 $0.00 $7.33 $2,600.27
3 $2,600.27 $1,296.47 $0.00 $14.70 $3,911.44
4 $3,911.44 $1,296.47 $0.00 $22.12 $5,230.03
5 $5,230.03 $1,296.47 $0.00 $29.57 $6,556.07
6 $6,556.07 $1,296.47 $0.00 $37.07 $7,889.61
7 $7,889.61 $1,296.47 $0.00 $44.61 $9,230.69
8 $9,230.69 $1,296.47 $0.00 $52.19 $10,579.35
9 $10,579.35 $1,296.47 $0.00 $59.82 $11,935.64
10 $11,935.64 $1,296.47 $0.00 $67.49 $13,299.60
11 $13,299.60 $1,296.47 $0.00 $75.20 $14,671.27
12 $14,671.27 $1,296.47 $0.00 $82.95 $16,050.69
13 $16,050.69 $1,296.47 $0.00 $90.75 $17,437.91
14 $17,437.91 $1,296.47 $0.00 $98.60 $18,832.98
15 $18,832.98 $1,296.47 $0.00 $106.48 $20,235.93
16 $20,235.93 $1,296.47 $0.00 $114.42 $21,646.82
17 $21,646.82 $1,296.47 $0.00 $122.39 $23,065.68
18 $23,065.68 $1,296.47 $0.00 $130.42 $24,492.57
19 $24,492.57 $1,296.47 $0.00 $138.48 $25,927.52
20 $25,927.52 $1,296.47 $0.00 $146.60 $27,370.59
21 $27,370.59 $1,296.47 $0.00 $154.76 $28,821.82
22 $28,821.82 $1,296.47 $0.00 $162.96 $30,281.25
23 $30,281.25 $1,296.47 $0.00 $171.21 $31,748.93
24 $31,748.93 $1,296.47 $0.00 $179.51 $33,224.91
25 $33,224.91 $1,296.47 $0.00 $187.86 $34,709.24
26 $34,709.24 $1,296.47 $0.00 $196.25 $36,201.96
27 $36,201.96 $1,296.47 $0.00 $204.69 $37,703.12
28 $37,703.12 $1,296.47 $0.00 $213.18 $39,212.77
29 $39,212.77 $1,296.47 $0.00 $221.71 $40,730.95
30 $40,730.95 $1,296.47 $0.00 $230.30 $42,257.72
31 $42,257.72 $1,296.47 $0.00 $238.93 $43,793.12
32 $43,793.12 $1,296.47 $0.00 $247.61 $45,337.20
33 $45,337.20 $1,296.47 $0.00 $256.34 $46,890.01
34 $46,890.01 $1,296.47 $0.00 $265.12 $48,451.60
35 $48,451.60 $1,296.47 $0.00 $273.95 $50,022.02
36 $50,022.02 $1,296.47 $0.00 $282.83 $51,601.32
37 $51,601.32 $1,296.47 $0.00 $291.76 $53,189.55
38 $53,189.55 $1,296.47 $0.00 $300.74 $54,786.76
39 $54,786.76 $1,296.47 $0.00 $309.77 $56,393.00
40 $56,393.00 $1,296.47 $0.00 $318.85 $58,008.32
41 $58,008.32 $1,296.47 $0.00 $327.99 $59,632.78
42 $59,632.78 $1,296.47 $0.00 $337.17 $61,266.42
43 $61,266.42 $1,296.47 $0.00 $346.41 $62,909.30
44 $62,909.30 $1,296.47 $0.00 $355.70 $64,561.47
45 $64,561.47 $1,296.47 $0.00 $365.04 $66,222.98
46 $66,222.98 $1,296.47 $0.00 $374.43 $67,893.88
47 $67,893.88 $1,296.47 $0.00 $383.88 $69,574.23
48 $69,574.23 $1,296.47 $0.00 $393.38 $71,264.08
49 $71,264.08 $1,296.47 $0.00 $402.94 $72,963.49
50 $72,963.49 $1,296.47 $0.00 $412.55 $74,672.51
51 $74,672.51 $1,296.47 $0.00 $422.21 $76,391.19
52 $76,391.19 $1,296.47 $0.00 $431.93 $78,119.59
53 $78,119.59 $1,296.47 $0.00 $441.70 $79,857.76
54 $79,857.76 $1,296.47 $0.00 $451.53 $81,605.76
55 $81,605.76 $1,296.47 $0.00 $461.41 $83,363.64
56 $83,363.64 $1,296.47 $0.00 $471.35 $85,131.46
57 $85,131.46 $1,296.47 $0.00 $481.35 $86,909.28
58 $86,909.28 $1,296.47 $0.00 $491.40 $88,697.15
59 $88,697.15 $1,296.47 $0.00 $501.51 $90,495.13
60 $90,495.13 $1,296.47 $0.00 $511.67 $92,303.27
61 $92,303.27 $1,296.47 $0.00 $521.90 $94,121.64
62 $94,121.64 $1,296.47 $0.00 $532.18 $95,950.29
63 $95,950.29 $1,296.47 $0.00 $542.52 $97,789.28
64 $97,789.28 $1,296.47 $0.00 $552.91 $99,638.66
65 $99,638.66 $1,296.47 $0.00 $563.37 $101,498.50
66 $101,498.50 $1,296.47 $0.00 $573.89 $103,368.86
67 $103,368.86 $1,296.47 $0.00 $584.46 $105,249.79
68 $105,249.79 $1,296.47 $0.00 $595.10 $107,141.36
69 $107,141.36 $1,296.47 $0.00 $605.79 $109,043.62
70 $109,043.62 $1,296.47 $0.00 $616.55 $110,956.64
71 $110,956.64 $1,296.47 $0.00 $627.36 $112,880.47
72 $112,880.47 $1,296.47 $0.00 $638.24 $114,815.18
73 $114,815.18 $1,296.47 $0.00 $649.18 $116,760.83
74 $116,760.83 $1,296.47 $0.00 $660.18 $118,717.48
75 $118,717.48 $1,296.47 $0.00 $671.25 $120,685.20
76 $120,685.20 $1,296.47 $0.00 $682.37 $122,664.04
77 $122,664.04 $1,296.47 $0.00 $693.56 $124,654.07
78 $124,654.07 $1,296.47 $0.00 $704.81 $126,655.35
79 $126,655.35 $1,296.47 $0.00 $716.13 $128,667.95
80 $128,667.95 $1,296.47 $0.00 $727.51 $130,691.93
81 $130,691.93 $1,296.47 $0.00 $738.95 $132,727.35
82 $132,727.35 $1,296.47 $0.00 $750.46 $134,774.28
83 $134,774.28 $1,296.47 $0.00 $762.03 $136,832.78
84 $136,832.78 $1,296.47 $0.00 $773.67 $138,902.92
85 $138,902.92 $1,296.47 $0.00 $785.38 $140,984.77
86 $140,984.77 $1,296.47 $0.00 $797.15 $143,078.39
87 $143,078.39 $1,296.47 $0.00 $808.99 $145,183.85
88 $145,183.85 $1,296.47 $0.00 $820.89 $147,301.21
89 $147,301.21 $1,296.47 $0.00 $832.86 $149,430.54
90 $149,430.54 $1,296.47 $0.00 $844.90 $151,571.91
91 $151,571.91 $1,296.47 $0.00 $857.01 $153,725.39
92 $153,725.39 $1,296.47 $0.00 $869.19 $155,891.05
93 $155,891.05 $1,296.47 $0.00 $881.43 $158,068.95
94 $158,068.95 $1,296.47 $0.00 $893.74 $160,259.16
95 $160,259.16 $1,296.47 $0.00 $906.13 $162,461.76
96 $162,461.76 $1,296.47 $0.00 $918.58 $164,676.81
97 $164,676.81 $1,296.47 $0.00 $931.11 $166,904.39
98 $166,904.39 $1,296.47 $0.00 $943.70 $169,144.56
99 $169,144.56 $1,296.47 $0.00 $956.37 $171,397.40
100 $171,397.40 $1,296.47 $0.00 $969.11 $173,662.98
101 $173,662.98 $1,296.47 $0.00 $981.92 $175,941.37
102 $175,941.37 $1,296.47 $0.00 $994.80 $178,232.64
103 $178,232.64 $1,296.47 $0.00 $1,007.75 $180,536.86
104 $180,536.86 $1,296.47 $0.00 $1,020.78 $182,854.11
105 $182,854.11 $1,296.47 $0.00 $1,033.88 $185,184.46
106 $185,184.46 $1,296.47 $0.00 $1,047.06 $187,527.99
107 $187,527.99 $1,296.47 $0.00 $1,060.31 $189,884.77
108 $189,884.77 $1,296.47 $0.00 $1,073.64 $192,254.88
109 $192,254.88 $1,296.47 $0.00 $1,087.04 $194,638.39
110 $194,638.39 $1,296.47 $0.00 $1,100.51 $197,035.37
111 $197,035.37 $1,296.47 $0.00 $1,114.07 $199,445.91
112 $199,445.91 $1,296.47 $0.00 $1,127.70 $201,870.08
113 $201,870.08 $1,296.47 $0.00 $1,141.40 $204,307.95
114 $204,307.95 $1,296.47 $0.00 $1,155.19 $206,759.61
115 $206,759.61 $1,296.47 $0.00 $1,169.05 $209,225.13
116 $209,225.13 $1,296.47 $0.00 $1,182.99 $211,704.59
117 $211,704.59 $1,296.47 $0.00 $1,197.01 $214,198.07
118 $214,198.07 $1,296.47 $0.00 $1,211.11 $216,705.65
119 $216,705.65 $1,296.47 $0.00 $1,225.29 $219,227.41
120 $219,227.41 $1,296.47 $0.00 $1,239.54 $221,763.42
121 $221,763.42 $1,296.47 $0.00 $1,253.88 $224,313.77
122 $224,313.77 $1,296.47 $0.00 $1,268.30 $226,878.54
123 $226,878.54 $1,296.47 $0.00 $1,282.80 $229,457.81
124 $229,457.81 $1,296.47 $0.00 $1,297.39 $232,051.67
125 $232,051.67 $1,296.47 $0.00 $1,312.05 $234,660.19
126 $234,660.19 $1,296.47 $0.00 $1,326.80 $237,283.46
127 $237,283.46 $1,296.47 $0.00 $1,341.64 $239,921.57
128 $239,921.57 $1,296.47 $0.00 $1,356.55 $242,574.59
129 $242,574.59 $1,296.47 $0.00 $1,371.55 $245,242.61
130 $245,242.61 $1,296.47 $0.00 $1,386.64 $247,925.72
131 $247,925.72 $1,296.47 $0.00 $1,401.81 $250,624.00
132 $250,624.00 $1,296.47 $0.00 $1,417.06 $253,337.53
133 $253,337.53 $1,296.47 $0.00 $1,432.41 $256,066.41
134 $256,066.41 $1,296.47 $0.00 $1,447.84 $258,810.72
135 $258,810.72 $1,296.47 $0.00 $1,463.35 $261,570.54
136 $261,570.54 $1,296.47 $0.00 $1,478.96 $264,345.97
137 $264,345.97 $1,296.47 $0.00 $1,494.65 $267,137.09
138 $267,137.09 $1,296.47 $0.00 $1,510.43 $269,943.99
139 $269,943.99 $1,296.47 $0.00 $1,526.30 $272,766.76
140 $272,766.76 $1,296.47 $0.00 $1,542.26 $275,605.49
141 $275,605.49 $1,296.47 $0.00 $1,558.31 $278,460.27
142 $278,460.27 $1,296.47 $0.00 $1,574.45 $281,331.19
143 $281,331.19 $1,296.47 $0.00 $1,590.69 $284,218.35
144 $284,218.35 $1,296.47 $0.00 $1,607.01 $287,121.83
145 $287,121.83 $1,296.47 $0.00 $1,623.43 $290,041.73
146 $290,041.73 $1,296.47 $0.00 $1,639.94 $292,978.14
147 $292,978.14 $1,296.47 $0.00 $1,656.54 $295,931.15
148 $295,931.15 $1,296.47 $0.00 $1,673.24 $298,900.86
149 $298,900.86 $1,296.47 $0.00 $1,690.03 $301,887.36
150 $301,887.36 $1,296.47 $0.00 $1,706.92 $304,890.75
151 $304,890.75 $1,296.47 $0.00 $1,723.90 $307,911.12
152 $307,911.12 $1,296.47 $0.00 $1,740.97 $310,948.56
153 $310,948.56 $1,296.47 $0.00 $1,758.15 $314,003.18
154 $314,003.18 $1,296.47 $0.00 $1,775.42 $317,075.07
155 $317,075.07 $1,296.47 $0.00 $1,792.79 $320,164.33
156 $320,164.33 $1,296.47 $0.00 $1,810.26 $323,271.06
157 $323,271.06 $1,296.47 $0.00 $1,827.82 $326,395.35
158 $326,395.35 $1,296.47 $0.00 $1,845.49 $329,537.31
159 $329,537.31 $1,296.47 $0.00 $1,863.25 $332,697.03
160 $332,697.03 $1,296.47 $0.00 $1,881.12 $335,874.62
161 $335,874.62 $1,296.47 $0.00 $1,899.08 $339,070.17
162 $339,070.17 $1,296.47 $0.00 $1,917.15 $342,283.79
163 $342,283.79 $1,296.47 $0.00 $1,935.32 $345,515.58
164 $345,515.58 $1,296.47 $0.00 $1,953.60 $348,765.65
165 $348,765.65 $1,296.47 $0.00 $1,971.97 $352,034.09
166 $352,034.09 $1,296.47 $0.00 $1,990.45 $355,321.01
167 $355,321.01 $1,296.47 $0.00 $2,009.04 $358,626.52
168 $358,626.52 $1,296.47 $0.00 $2,027.73 $361,950.72
169 $361,950.72 $1,296.47 $0.00 $2,046.52 $365,293.71
170 $365,293.71 $1,296.47 $0.00 $2,065.42 $368,655.60
171 $368,655.60 $1,296.47 $0.00 $2,084.43 $372,036.50
172 $372,036.50 $1,296.47 $0.00 $2,103.55 $375,436.52
173 $375,436.52 $1,296.47 $0.00 $2,122.77 $378,855.76
174 $378,855.76 $1,296.47 $0.00 $2,142.11 $382,294.34
175 $382,294.34 $1,296.47 $0.00 $2,161.55 $385,752.36
176 $385,752.36 $1,296.47 $0.00 $2,181.10 $389,229.93
177 $389,229.93 $1,296.47 $0.00 $2,200.76 $392,727.16
178 $392,727.16 $1,296.47 $0.00 $2,220.54 $396,244.17
179 $396,244.17 $1,296.47 $0.00 $2,240.42 $399,781.06
180 $399,781.06 $1,296.47 $0.00 $2,260.42 $403,337.95
181 $403,337.95 $1,296.47 $0.00 $2,280.53 $406,914.95
182 $406,914.95 $1,296.47 $0.00 $2,300.76 $410,512.18
183 $410,512.18 $1,296.47 $0.00 $2,321.10 $414,129.75
184 $414,129.75 $1,296.47 $0.00 $2,341.55 $417,767.77
185 $417,767.77 $1,296.47 $0.00 $2,362.12 $421,426.36
186 $421,426.36 $1,296.47 $0.00 $2,382.81 $425,105.64
187 $425,105.64 $1,296.47 $0.00 $2,403.61 $428,805.72
188 $428,805.72 $1,296.47 $0.00 $2,424.53 $432,526.72
189 $432,526.72 $1,296.47 $0.00 $2,445.57 $436,268.76
190 $436,268.76 $1,296.47 $0.00 $2,466.73 $440,031.96
191 $440,031.96 $1,296.47 $0.00 $2,488.00 $443,816.43
192 $443,816.43 $1,296.47 $0.00 $2,509.40 $447,622.30
193 $447,622.30 $1,296.47 $0.00 $2,530.92 $451,449.69
194 $451,449.69 $1,296.47 $0.00 $2,552.56 $455,298.72
195 $455,298.72 $1,296.47 $0.00 $2,574.33 $459,169.52
196 $459,169.52 $1,296.47 $0.00 $2,596.21 $463,062.20
197 $463,062.20 $1,296.47 $0.00 $2,618.22 $466,976.89
198 $466,976.89 $1,296.47 $0.00 $2,640.36 $470,913.72
199 $470,913.72 $1,296.47 $0.00 $2,662.61 $474,872.80
200 $474,872.80 $1,296.47 $0.00 $2,685.00 $478,854.27
201 $478,854.27 $1,296.47 $0.00 $2,707.51 $482,858.25
202 $482,858.25 $1,296.47 $0.00 $2,730.15 $486,884.87
203 $486,884.87 $1,296.47 $0.00 $2,752.92 $490,934.26
204 $490,934.26 $1,296.47 $0.00 $2,775.81 $495,006.54
205 $495,006.54 $1,296.47 $0.00 $2,798.84 $499,101.85
206 $499,101.85 $1,296.47 $0.00 $2,821.99 $503,220.31
207 $503,220.31 $1,296.47 $0.00 $2,845.28 $507,362.06
208 $507,362.06 $1,296.47 $0.00 $2,868.70 $511,527.23
209 $511,527.23 $1,296.47 $0.00 $2,892.25 $515,715.95
210 $515,715.95 $1,296.47 $0.00 $2,915.93 $519,928.35
211 $519,928.35 $1,296.47 $0.00 $2,939.75 $524,164.57
212 $524,164.57 $1,296.47 $0.00 $2,963.70 $528,424.74
213 $528,424.74 $1,296.47 $0.00 $2,987.79 $532,709.00
214 $532,709.00 $1,296.47 $0.00 $3,012.01 $537,017.48
215 $537,017.48 $1,296.47 $0.00 $3,036.37 $541,350.32
216 $541,350.32 $1,296.47 $0.00 $3,060.87 $545,707.66
217 $545,707.66 $1,296.47 $151,997.26 $3,085.51 $398,092.38
218 $398,092.38 $1,296.47 $0.00 $2,250.87 $401,639.72
219 $401,639.72 $1,296.47 $0.00 $2,270.93 $405,207.12
220 $405,207.12 $1,296.47 $0.00 $2,291.10 $408,794.69
221 $408,794.69 $1,296.47 $0.00 $2,311.38 $412,402.54
222 $412,402.54 $1,296.47 $0.00 $2,331.78 $416,030.79
223 $416,030.79 $1,296.47 $0.00 $2,352.30 $419,679.56
224 $419,679.56 $1,296.47 $0.00 $2,372.93 $423,348.96
225 $423,348.96 $1,296.47 $0.00 $2,393.68 $427,039.11
226 $427,039.11 $1,296.47 $0.00 $2,414.54 $430,750.12
227 $430,750.12 $1,296.47 $0.00 $2,435.52 $434,482.11
228 $434,482.11 $1,296.47 $0.00 $2,456.63 $438,235.21
229 $438,235.21 $1,296.47 $159,597.12 $2,477.85 $282,412.41
230 $282,412.41 $1,296.47 $0.00 $1,596.80 $285,305.68
231 $285,305.68 $1,296.47 $0.00 $1,613.16 $288,215.31
232 $288,215.31 $1,296.47 $0.00 $1,629.61 $291,141.39
233 $291,141.39 $1,296.47 $0.00 $1,646.16 $294,084.02
234 $294,084.02 $1,296.47 $0.00 $1,662.79 $297,043.28
235 $297,043.28 $1,296.47 $0.00 $1,679.53 $300,019.28
236 $300,019.28 $1,296.47 $0.00 $1,696.35 $303,012.10
237 $303,012.10 $1,296.47 $0.00 $1,713.27 $306,021.84
238 $306,021.84 $1,296.47 $0.00 $1,730.29 $309,048.60
239 $309,048.60 $1,296.47 $0.00 $1,747.41 $312,092.48
240 $312,092.48 $1,296.47 $0.00 $1,764.62 $315,153.57
241 $315,153.57 $1,296.47 $167,576.98 $1,781.92 $150,654.98
242 $150,654.98 $1,296.47 $0.00 $851.83 $152,803.28
243 $152,803.28 $1,296.47 $0.00 $863.97 $154,963.72
244 $154,963.72 $1,296.47 $0.00 $876.19 $157,136.38
245 $157,136.38 $1,296.47 $0.00 $888.47 $159,321.32
246 $159,321.32 $1,296.47 $0.00 $900.83 $161,518.62
247 $161,518.62 $1,296.47 $0.00 $913.25 $163,728.34
248 $163,728.34 $1,296.47 $0.00 $925.74 $165,950.55
249 $165,950.55 $1,296.47 $0.00 $938.31 $168,185.33
250 $168,185.33 $1,296.47 $0.00 $950.94 $170,432.74
251 $170,432.74 $1,296.47 $0.00 $963.65 $172,692.86
252 $172,692.86 $1,296.47 $0.00 $976.43 $174,965.76
253 $174,965.76 $0.00 $175,955.83 $989.28 ($0.79)