Estimated Annual Cost in 2042 | $47,537 |
Monthly savings required | $211 |
How much will it cost to send your child to South Plains College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $95,074.89 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $211.20 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 | $13,589.00 |
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 South Plains College in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $211.20 | $0.00 | $0.00 | $211.20 |
2 | $211.20 | $211.20 | $0.00 | $1.19 | $423.59 |
3 | $423.59 | $211.20 | $0.00 | $2.40 | $637.19 |
4 | $637.19 | $211.20 | $0.00 | $3.60 | $851.99 |
5 | $851.99 | $211.20 | $0.00 | $4.82 | $1,068.01 |
6 | $1,068.01 | $211.20 | $0.00 | $6.04 | $1,285.25 |
7 | $1,285.25 | $211.20 | $0.00 | $7.27 | $1,503.72 |
8 | $1,503.72 | $211.20 | $0.00 | $8.50 | $1,723.42 |
9 | $1,723.42 | $211.20 | $0.00 | $9.74 | $1,944.36 |
10 | $1,944.36 | $211.20 | $0.00 | $10.99 | $2,166.55 |
11 | $2,166.55 | $211.20 | $0.00 | $12.25 | $2,390.00 |
12 | $2,390.00 | $211.20 | $0.00 | $13.51 | $2,614.71 |
13 | $2,614.71 | $211.20 | $0.00 | $14.78 | $2,840.69 |
14 | $2,840.69 | $211.20 | $0.00 | $16.06 | $3,067.95 |
15 | $3,067.95 | $211.20 | $0.00 | $17.35 | $3,296.50 |
16 | $3,296.50 | $211.20 | $0.00 | $18.64 | $3,526.34 |
17 | $3,526.34 | $211.20 | $0.00 | $19.94 | $3,757.48 |
18 | $3,757.48 | $211.20 | $0.00 | $21.25 | $3,989.93 |
19 | $3,989.93 | $211.20 | $0.00 | $22.56 | $4,223.69 |
20 | $4,223.69 | $211.20 | $0.00 | $23.88 | $4,458.77 |
21 | $4,458.77 | $211.20 | $0.00 | $25.21 | $4,695.18 |
22 | $4,695.18 | $211.20 | $0.00 | $26.55 | $4,932.93 |
23 | $4,932.93 | $211.20 | $0.00 | $27.89 | $5,172.02 |
24 | $5,172.02 | $211.20 | $0.00 | $29.24 | $5,412.46 |
25 | $5,412.46 | $211.20 | $0.00 | $30.60 | $5,654.26 |
26 | $5,654.26 | $211.20 | $0.00 | $31.97 | $5,897.43 |
27 | $5,897.43 | $211.20 | $0.00 | $33.34 | $6,141.97 |
28 | $6,141.97 | $211.20 | $0.00 | $34.73 | $6,387.90 |
29 | $6,387.90 | $211.20 | $0.00 | $36.12 | $6,635.22 |
30 | $6,635.22 | $211.20 | $0.00 | $37.52 | $6,883.94 |
31 | $6,883.94 | $211.20 | $0.00 | $38.92 | $7,134.06 |
32 | $7,134.06 | $211.20 | $0.00 | $40.34 | $7,385.60 |
33 | $7,385.60 | $211.20 | $0.00 | $41.76 | $7,638.56 |
34 | $7,638.56 | $211.20 | $0.00 | $43.19 | $7,892.95 |
35 | $7,892.95 | $211.20 | $0.00 | $44.63 | $8,148.78 |
36 | $8,148.78 | $211.20 | $0.00 | $46.07 | $8,406.05 |
37 | $8,406.05 | $211.20 | $0.00 | $47.53 | $8,664.78 |
38 | $8,664.78 | $211.20 | $0.00 | $48.99 | $8,924.97 |
39 | $8,924.97 | $211.20 | $0.00 | $50.46 | $9,186.63 |
40 | $9,186.63 | $211.20 | $0.00 | $51.94 | $9,449.77 |
41 | $9,449.77 | $211.20 | $0.00 | $53.43 | $9,714.40 |
42 | $9,714.40 | $211.20 | $0.00 | $54.93 | $9,980.53 |
43 | $9,980.53 | $211.20 | $0.00 | $56.43 | $10,248.16 |
44 | $10,248.16 | $211.20 | $0.00 | $57.94 | $10,517.30 |
45 | $10,517.30 | $211.20 | $0.00 | $59.47 | $10,787.97 |
46 | $10,787.97 | $211.20 | $0.00 | $61.00 | $11,060.17 |
47 | $11,060.17 | $211.20 | $0.00 | $62.54 | $11,333.91 |
48 | $11,333.91 | $211.20 | $0.00 | $64.08 | $11,609.19 |
49 | $11,609.19 | $211.20 | $0.00 | $65.64 | $11,886.03 |
50 | $11,886.03 | $211.20 | $0.00 | $67.21 | $12,164.44 |
51 | $12,164.44 | $211.20 | $0.00 | $68.78 | $12,444.42 |
52 | $12,444.42 | $211.20 | $0.00 | $70.36 | $12,725.98 |
53 | $12,725.98 | $211.20 | $0.00 | $71.95 | $13,009.13 |
54 | $13,009.13 | $211.20 | $0.00 | $73.56 | $13,293.89 |
55 | $13,293.89 | $211.20 | $0.00 | $75.17 | $13,580.26 |
56 | $13,580.26 | $211.20 | $0.00 | $76.78 | $13,868.24 |
57 | $13,868.24 | $211.20 | $0.00 | $78.41 | $14,157.85 |
58 | $14,157.85 | $211.20 | $0.00 | $80.05 | $14,449.10 |
59 | $14,449.10 | $211.20 | $0.00 | $81.70 | $14,742.00 |
60 | $14,742.00 | $211.20 | $0.00 | $83.35 | $15,036.55 |
61 | $15,036.55 | $211.20 | $0.00 | $85.02 | $15,332.77 |
62 | $15,332.77 | $211.20 | $0.00 | $86.69 | $15,630.66 |
63 | $15,630.66 | $211.20 | $0.00 | $88.38 | $15,930.24 |
64 | $15,930.24 | $211.20 | $0.00 | $90.07 | $16,231.51 |
65 | $16,231.51 | $211.20 | $0.00 | $91.78 | $16,534.49 |
66 | $16,534.49 | $211.20 | $0.00 | $93.49 | $16,839.18 |
67 | $16,839.18 | $211.20 | $0.00 | $95.21 | $17,145.59 |
68 | $17,145.59 | $211.20 | $0.00 | $96.94 | $17,453.73 |
69 | $17,453.73 | $211.20 | $0.00 | $98.69 | $17,763.62 |
70 | $17,763.62 | $211.20 | $0.00 | $100.44 | $18,075.26 |
71 | $18,075.26 | $211.20 | $0.00 | $102.20 | $18,388.66 |
72 | $18,388.66 | $211.20 | $0.00 | $103.97 | $18,703.83 |
73 | $18,703.83 | $211.20 | $0.00 | $105.75 | $19,020.78 |
74 | $19,020.78 | $211.20 | $0.00 | $107.55 | $19,339.53 |
75 | $19,339.53 | $211.20 | $0.00 | $109.35 | $19,660.08 |
76 | $19,660.08 | $211.20 | $0.00 | $111.16 | $19,982.44 |
77 | $19,982.44 | $211.20 | $0.00 | $112.98 | $20,306.62 |
78 | $20,306.62 | $211.20 | $0.00 | $114.82 | $20,632.64 |
79 | $20,632.64 | $211.20 | $0.00 | $116.66 | $20,960.50 |
80 | $20,960.50 | $211.20 | $0.00 | $118.51 | $21,290.21 |
81 | $21,290.21 | $211.20 | $0.00 | $120.38 | $21,621.79 |
82 | $21,621.79 | $211.20 | $0.00 | $122.25 | $21,955.24 |
83 | $21,955.24 | $211.20 | $0.00 | $124.14 | $22,290.58 |
84 | $22,290.58 | $211.20 | $0.00 | $126.03 | $22,627.81 |
85 | $22,627.81 | $211.20 | $0.00 | $127.94 | $22,966.95 |
86 | $22,966.95 | $211.20 | $0.00 | $129.86 | $23,308.01 |
87 | $23,308.01 | $211.20 | $0.00 | $131.79 | $23,651.00 |
88 | $23,651.00 | $211.20 | $0.00 | $133.73 | $23,995.93 |
89 | $23,995.93 | $211.20 | $0.00 | $135.68 | $24,342.81 |
90 | $24,342.81 | $211.20 | $0.00 | $137.64 | $24,691.65 |
91 | $24,691.65 | $211.20 | $0.00 | $139.61 | $25,042.46 |
92 | $25,042.46 | $211.20 | $0.00 | $141.59 | $25,395.25 |
93 | $25,395.25 | $211.20 | $0.00 | $143.59 | $25,750.04 |
94 | $25,750.04 | $211.20 | $0.00 | $145.59 | $26,106.83 |
95 | $26,106.83 | $211.20 | $0.00 | $147.61 | $26,465.64 |
96 | $26,465.64 | $211.20 | $0.00 | $149.64 | $26,826.48 |
97 | $26,826.48 | $211.20 | $0.00 | $151.68 | $27,189.36 |
98 | $27,189.36 | $211.20 | $0.00 | $153.73 | $27,554.29 |
99 | $27,554.29 | $211.20 | $0.00 | $155.80 | $27,921.29 |
100 | $27,921.29 | $211.20 | $0.00 | $157.87 | $28,290.36 |
101 | $28,290.36 | $211.20 | $0.00 | $159.96 | $28,661.52 |
102 | $28,661.52 | $211.20 | $0.00 | $162.06 | $29,034.78 |
103 | $29,034.78 | $211.20 | $0.00 | $164.17 | $29,410.15 |
104 | $29,410.15 | $211.20 | $0.00 | $166.29 | $29,787.64 |
105 | $29,787.64 | $211.20 | $0.00 | $168.42 | $30,167.26 |
106 | $30,167.26 | $211.20 | $0.00 | $170.57 | $30,549.03 |
107 | $30,549.03 | $211.20 | $0.00 | $172.73 | $30,932.96 |
108 | $30,932.96 | $211.20 | $0.00 | $174.90 | $31,319.06 |
109 | $31,319.06 | $211.20 | $0.00 | $177.08 | $31,707.34 |
110 | $31,707.34 | $211.20 | $0.00 | $179.28 | $32,097.82 |
111 | $32,097.82 | $211.20 | $0.00 | $181.49 | $32,490.51 |
112 | $32,490.51 | $211.20 | $0.00 | $183.71 | $32,885.42 |
113 | $32,885.42 | $211.20 | $0.00 | $185.94 | $33,282.56 |
114 | $33,282.56 | $211.20 | $0.00 | $188.18 | $33,681.94 |
115 | $33,681.94 | $211.20 | $0.00 | $190.44 | $34,083.58 |
116 | $34,083.58 | $211.20 | $0.00 | $192.71 | $34,487.49 |
117 | $34,487.49 | $211.20 | $0.00 | $195.00 | $34,893.69 |
118 | $34,893.69 | $211.20 | $0.00 | $197.29 | $35,302.18 |
119 | $35,302.18 | $211.20 | $0.00 | $199.60 | $35,712.98 |
120 | $35,712.98 | $211.20 | $0.00 | $201.93 | $36,126.11 |
121 | $36,126.11 | $211.20 | $0.00 | $204.26 | $36,541.57 |
122 | $36,541.57 | $211.20 | $0.00 | $206.61 | $36,959.38 |
123 | $36,959.38 | $211.20 | $0.00 | $208.97 | $37,379.55 |
124 | $37,379.55 | $211.20 | $0.00 | $211.35 | $37,802.10 |
125 | $37,802.10 | $211.20 | $0.00 | $213.74 | $38,227.04 |
126 | $38,227.04 | $211.20 | $0.00 | $216.14 | $38,654.38 |
127 | $38,654.38 | $211.20 | $0.00 | $218.56 | $39,084.14 |
128 | $39,084.14 | $211.20 | $0.00 | $220.99 | $39,516.33 |
129 | $39,516.33 | $211.20 | $0.00 | $223.43 | $39,950.96 |
130 | $39,950.96 | $211.20 | $0.00 | $225.89 | $40,388.05 |
131 | $40,388.05 | $211.20 | $0.00 | $228.36 | $40,827.61 |
132 | $40,827.61 | $211.20 | $0.00 | $230.85 | $41,269.66 |
133 | $41,269.66 | $211.20 | $0.00 | $233.34 | $41,714.20 |
134 | $41,714.20 | $211.20 | $0.00 | $235.86 | $42,161.26 |
135 | $42,161.26 | $211.20 | $0.00 | $238.39 | $42,610.85 |
136 | $42,610.85 | $211.20 | $0.00 | $240.93 | $43,062.98 |
137 | $43,062.98 | $211.20 | $0.00 | $243.48 | $43,517.66 |
138 | $43,517.66 | $211.20 | $0.00 | $246.06 | $43,974.92 |
139 | $43,974.92 | $211.20 | $0.00 | $248.64 | $44,434.76 |
140 | $44,434.76 | $211.20 | $0.00 | $251.24 | $44,897.20 |
141 | $44,897.20 | $211.20 | $0.00 | $253.86 | $45,362.26 |
142 | $45,362.26 | $211.20 | $0.00 | $256.48 | $45,829.94 |
143 | $45,829.94 | $211.20 | $0.00 | $259.13 | $46,300.27 |
144 | $46,300.27 | $211.20 | $0.00 | $261.79 | $46,773.26 |
145 | $46,773.26 | $211.20 | $0.00 | $264.46 | $47,248.92 |
146 | $47,248.92 | $211.20 | $0.00 | $267.15 | $47,727.27 |
147 | $47,727.27 | $211.20 | $0.00 | $269.86 | $48,208.33 |
148 | $48,208.33 | $211.20 | $0.00 | $272.58 | $48,692.11 |
149 | $48,692.11 | $211.20 | $0.00 | $275.31 | $49,178.62 |
150 | $49,178.62 | $211.20 | $0.00 | $278.06 | $49,667.88 |
151 | $49,667.88 | $211.20 | $0.00 | $280.83 | $50,159.91 |
152 | $50,159.91 | $211.20 | $0.00 | $283.61 | $50,654.72 |
153 | $50,654.72 | $211.20 | $0.00 | $286.41 | $51,152.33 |
154 | $51,152.33 | $211.20 | $0.00 | $289.22 | $51,652.75 |
155 | $51,652.75 | $211.20 | $0.00 | $292.05 | $52,156.00 |
156 | $52,156.00 | $211.20 | $0.00 | $294.90 | $52,662.10 |
157 | $52,662.10 | $211.20 | $0.00 | $297.76 | $53,171.06 |
158 | $53,171.06 | $211.20 | $0.00 | $300.64 | $53,682.90 |
159 | $53,682.90 | $211.20 | $0.00 | $303.53 | $54,197.63 |
160 | $54,197.63 | $211.20 | $0.00 | $306.44 | $54,715.27 |
161 | $54,715.27 | $211.20 | $0.00 | $309.37 | $55,235.84 |
162 | $55,235.84 | $211.20 | $0.00 | $312.31 | $55,759.35 |
163 | $55,759.35 | $211.20 | $0.00 | $315.27 | $56,285.82 |
164 | $56,285.82 | $211.20 | $0.00 | $318.25 | $56,815.27 |
165 | $56,815.27 | $211.20 | $0.00 | $321.24 | $57,347.71 |
166 | $57,347.71 | $211.20 | $0.00 | $324.25 | $57,883.16 |
167 | $57,883.16 | $211.20 | $0.00 | $327.28 | $58,421.64 |
168 | $58,421.64 | $211.20 | $0.00 | $330.32 | $58,963.16 |
169 | $58,963.16 | $211.20 | $0.00 | $333.39 | $59,507.75 |
170 | $59,507.75 | $211.20 | $0.00 | $336.47 | $60,055.42 |
171 | $60,055.42 | $211.20 | $0.00 | $339.56 | $60,606.18 |
172 | $60,606.18 | $211.20 | $0.00 | $342.68 | $61,160.06 |
173 | $61,160.06 | $211.20 | $0.00 | $345.81 | $61,717.07 |
174 | $61,717.07 | $211.20 | $0.00 | $348.96 | $62,277.23 |
175 | $62,277.23 | $211.20 | $0.00 | $352.12 | $62,840.55 |
176 | $62,840.55 | $211.20 | $0.00 | $355.31 | $63,407.06 |
177 | $63,407.06 | $211.20 | $0.00 | $358.51 | $63,976.77 |
178 | $63,976.77 | $211.20 | $0.00 | $361.73 | $64,549.70 |
179 | $64,549.70 | $211.20 | $0.00 | $364.97 | $65,125.87 |
180 | $65,125.87 | $211.20 | $0.00 | $368.23 | $65,705.30 |
181 | $65,705.30 | $211.20 | $0.00 | $371.51 | $66,288.01 |
182 | $66,288.01 | $211.20 | $0.00 | $374.80 | $66,874.01 |
183 | $66,874.01 | $211.20 | $0.00 | $378.12 | $67,463.33 |
184 | $67,463.33 | $211.20 | $0.00 | $381.45 | $68,055.98 |
185 | $68,055.98 | $211.20 | $0.00 | $384.80 | $68,651.98 |
186 | $68,651.98 | $211.20 | $0.00 | $388.17 | $69,251.35 |
187 | $69,251.35 | $211.20 | $0.00 | $391.56 | $69,854.11 |
188 | $69,854.11 | $211.20 | $0.00 | $394.97 | $70,460.28 |
189 | $70,460.28 | $211.20 | $0.00 | $398.39 | $71,069.87 |
190 | $71,069.87 | $211.20 | $0.00 | $401.84 | $71,682.91 |
191 | $71,682.91 | $211.20 | $0.00 | $405.31 | $72,299.42 |
192 | $72,299.42 | $211.20 | $0.00 | $408.79 | $72,919.41 |
193 | $72,919.41 | $211.20 | $0.00 | $412.30 | $73,542.91 |
194 | $73,542.91 | $211.20 | $0.00 | $415.82 | $74,169.93 |
195 | $74,169.93 | $211.20 | $0.00 | $419.37 | $74,800.50 |
196 | $74,800.50 | $211.20 | $0.00 | $422.93 | $75,434.63 |
197 | $75,434.63 | $211.20 | $0.00 | $426.52 | $76,072.35 |
198 | $76,072.35 | $211.20 | $0.00 | $430.12 | $76,713.67 |
199 | $76,713.67 | $211.20 | $0.00 | $433.75 | $77,358.62 |
200 | $77,358.62 | $211.20 | $0.00 | $437.40 | $78,007.22 |
201 | $78,007.22 | $211.20 | $0.00 | $441.06 | $78,659.48 |
202 | $78,659.48 | $211.20 | $0.00 | $444.75 | $79,315.43 |
203 | $79,315.43 | $211.20 | $0.00 | $448.46 | $79,975.09 |
204 | $79,975.09 | $211.20 | $0.00 | $452.19 | $80,638.48 |
205 | $80,638.48 | $211.20 | $0.00 | $455.94 | $81,305.62 |
206 | $81,305.62 | $211.20 | $0.00 | $459.71 | $81,976.53 |
207 | $81,976.53 | $211.20 | $0.00 | $463.51 | $82,651.24 |
208 | $82,651.24 | $211.20 | $0.00 | $467.32 | $83,329.76 |
209 | $83,329.76 | $211.20 | $0.00 | $471.16 | $84,012.12 |
210 | $84,012.12 | $211.20 | $0.00 | $475.02 | $84,698.34 |
211 | $84,698.34 | $211.20 | $0.00 | $478.90 | $85,388.44 |
212 | $85,388.44 | $211.20 | $0.00 | $482.80 | $86,082.44 |
213 | $86,082.44 | $211.20 | $0.00 | $486.72 | $86,780.36 |
214 | $86,780.36 | $211.20 | $0.00 | $490.67 | $87,482.23 |
215 | $87,482.23 | $211.20 | $0.00 | $494.64 | $88,188.07 |
216 | $88,188.07 | $211.20 | $0.00 | $498.63 | $88,897.90 |
217 | $88,897.90 | $211.20 | $45,929.90 | $502.64 | $43,681.84 |
218 | $43,681.84 | $211.20 | $0.00 | $246.98 | $44,140.02 |
219 | $44,140.02 | $211.20 | $0.00 | $249.57 | $44,600.79 |
220 | $44,600.79 | $211.20 | $0.00 | $252.18 | $45,064.17 |
221 | $45,064.17 | $211.20 | $0.00 | $254.80 | $45,530.17 |
222 | $45,530.17 | $211.20 | $0.00 | $257.43 | $45,998.80 |
223 | $45,998.80 | $211.20 | $0.00 | $260.08 | $46,470.08 |
224 | $46,470.08 | $211.20 | $0.00 | $262.75 | $46,944.03 |
225 | $46,944.03 | $211.20 | $0.00 | $265.43 | $47,420.66 |
226 | $47,420.66 | $211.20 | $0.00 | $268.12 | $47,899.98 |
227 | $47,899.98 | $211.20 | $0.00 | $270.83 | $48,382.01 |
228 | $48,382.01 | $211.20 | $0.00 | $273.56 | $48,866.77 |
229 | $48,866.77 | $0.00 | $49,144.99 | $276.30 | -$1.92 |