Savings Plan and Future Cost Estimation for Phillips Community College of the University of Arkansas

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$38,753
Monthly savings required$172

How much will it cost to send your child to Phillips Community College of the University of Arkansas in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $77,506.38 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $172.23 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$15,710.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford Phillips Community College of the University of Arkansas in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $172.23 $0.00 $0.00 $172.23
2 $172.23 $172.23 $0.00 $0.97 $345.43
3 $345.43 $172.23 $0.00 $1.95 $519.61
4 $519.61 $172.23 $0.00 $2.94 $694.78
5 $694.78 $172.23 $0.00 $3.93 $870.94
6 $870.94 $172.23 $0.00 $4.92 $1,048.09
7 $1,048.09 $172.23 $0.00 $5.93 $1,226.25
8 $1,226.25 $172.23 $0.00 $6.93 $1,405.41
9 $1,405.41 $172.23 $0.00 $7.95 $1,585.59
10 $1,585.59 $172.23 $0.00 $8.97 $1,766.79
11 $1,766.79 $172.23 $0.00 $9.99 $1,949.01
12 $1,949.01 $172.23 $0.00 $11.02 $2,132.26
13 $2,132.26 $172.23 $0.00 $12.06 $2,316.55
14 $2,316.55 $172.23 $0.00 $13.10 $2,501.88
15 $2,501.88 $172.23 $0.00 $14.15 $2,688.26
16 $2,688.26 $172.23 $0.00 $15.20 $2,875.69
17 $2,875.69 $172.23 $0.00 $16.26 $3,064.18
18 $3,064.18 $172.23 $0.00 $17.33 $3,253.74
19 $3,253.74 $172.23 $0.00 $18.40 $3,444.37
20 $3,444.37 $172.23 $0.00 $19.47 $3,636.07
21 $3,636.07 $172.23 $0.00 $20.56 $3,828.86
22 $3,828.86 $172.23 $0.00 $21.65 $4,022.74
23 $4,022.74 $172.23 $0.00 $22.75 $4,217.72
24 $4,217.72 $172.23 $0.00 $23.85 $4,413.80
25 $4,413.80 $172.23 $0.00 $24.96 $4,610.99
26 $4,610.99 $172.23 $0.00 $26.07 $4,809.29
27 $4,809.29 $172.23 $0.00 $27.19 $5,008.71
28 $5,008.71 $172.23 $0.00 $28.32 $5,209.26
29 $5,209.26 $172.23 $0.00 $29.45 $5,410.94
30 $5,410.94 $172.23 $0.00 $30.59 $5,613.76
31 $5,613.76 $172.23 $0.00 $31.74 $5,817.73
32 $5,817.73 $172.23 $0.00 $32.89 $6,022.85
33 $6,022.85 $172.23 $0.00 $34.05 $6,229.13
34 $6,229.13 $172.23 $0.00 $35.22 $6,436.58
35 $6,436.58 $172.23 $0.00 $36.39 $6,645.20
36 $6,645.20 $172.23 $0.00 $37.57 $6,855.00
37 $6,855.00 $172.23 $0.00 $38.76 $7,065.99
38 $7,065.99 $172.23 $0.00 $39.95 $7,278.17
39 $7,278.17 $172.23 $0.00 $41.15 $7,491.55
40 $7,491.55 $172.23 $0.00 $42.36 $7,706.14
41 $7,706.14 $172.23 $0.00 $43.57 $7,921.94
42 $7,921.94 $172.23 $0.00 $44.79 $8,138.96
43 $8,138.96 $172.23 $0.00 $46.02 $8,357.21
44 $8,357.21 $172.23 $0.00 $47.25 $8,576.69
45 $8,576.69 $172.23 $0.00 $48.49 $8,797.41
46 $8,797.41 $172.23 $0.00 $49.74 $9,019.38
47 $9,019.38 $172.23 $0.00 $51.00 $9,242.61
48 $9,242.61 $172.23 $0.00 $52.26 $9,467.10
49 $9,467.10 $172.23 $0.00 $53.53 $9,692.86
50 $9,692.86 $172.23 $0.00 $54.80 $9,919.89
51 $9,919.89 $172.23 $0.00 $56.09 $10,148.21
52 $10,148.21 $172.23 $0.00 $57.38 $10,377.82
53 $10,377.82 $172.23 $0.00 $58.68 $10,608.73
54 $10,608.73 $172.23 $0.00 $59.98 $10,840.94
55 $10,840.94 $172.23 $0.00 $61.30 $11,074.47
56 $11,074.47 $172.23 $0.00 $62.62 $11,309.32
57 $11,309.32 $172.23 $0.00 $63.94 $11,545.49
58 $11,545.49 $172.23 $0.00 $65.28 $11,783.00
59 $11,783.00 $172.23 $0.00 $66.62 $12,021.85
60 $12,021.85 $172.23 $0.00 $67.97 $12,262.05
61 $12,262.05 $172.23 $0.00 $69.33 $12,503.61
62 $12,503.61 $172.23 $0.00 $70.70 $12,746.54
63 $12,746.54 $172.23 $0.00 $72.07 $12,990.84
64 $12,990.84 $172.23 $0.00 $73.45 $13,236.52
65 $13,236.52 $172.23 $0.00 $74.84 $13,483.59
66 $13,483.59 $172.23 $0.00 $76.24 $13,732.06
67 $13,732.06 $172.23 $0.00 $77.64 $13,981.93
68 $13,981.93 $172.23 $0.00 $79.06 $14,233.22
69 $14,233.22 $172.23 $0.00 $80.48 $14,485.93
70 $14,485.93 $172.23 $0.00 $81.91 $14,740.07
71 $14,740.07 $172.23 $0.00 $83.34 $14,995.64
72 $14,995.64 $172.23 $0.00 $84.79 $15,252.66
73 $15,252.66 $172.23 $0.00 $86.24 $15,511.13
74 $15,511.13 $172.23 $0.00 $87.70 $15,771.06
75 $15,771.06 $172.23 $0.00 $89.17 $16,032.46
76 $16,032.46 $172.23 $0.00 $90.65 $16,295.34
77 $16,295.34 $172.23 $0.00 $92.14 $16,559.71
78 $16,559.71 $172.23 $0.00 $93.63 $16,825.57
79 $16,825.57 $172.23 $0.00 $95.13 $17,092.93
80 $17,092.93 $172.23 $0.00 $96.65 $17,361.81
81 $17,361.81 $172.23 $0.00 $98.17 $17,632.21
82 $17,632.21 $172.23 $0.00 $99.70 $17,904.14
83 $17,904.14 $172.23 $0.00 $101.23 $18,177.60
84 $18,177.60 $172.23 $0.00 $102.78 $18,452.61
85 $18,452.61 $172.23 $0.00 $104.33 $18,729.17
86 $18,729.17 $172.23 $0.00 $105.90 $19,007.30
87 $19,007.30 $172.23 $0.00 $107.47 $19,287.00
88 $19,287.00 $172.23 $0.00 $109.05 $19,568.28
89 $19,568.28 $172.23 $0.00 $110.64 $19,851.15
90 $19,851.15 $172.23 $0.00 $112.24 $20,135.62
91 $20,135.62 $172.23 $0.00 $113.85 $20,421.70
92 $20,421.70 $172.23 $0.00 $115.47 $20,709.40
93 $20,709.40 $172.23 $0.00 $117.09 $20,998.72
94 $20,998.72 $172.23 $0.00 $118.73 $21,289.68
95 $21,289.68 $172.23 $0.00 $120.37 $21,582.28
96 $21,582.28 $172.23 $0.00 $122.03 $21,876.54
97 $21,876.54 $172.23 $0.00 $123.69 $22,172.46
98 $22,172.46 $172.23 $0.00 $125.37 $22,470.06
99 $22,470.06 $172.23 $0.00 $127.05 $22,769.34
100 $22,769.34 $172.23 $0.00 $128.74 $23,070.31
101 $23,070.31 $172.23 $0.00 $130.44 $23,372.98
102 $23,372.98 $172.23 $0.00 $132.15 $23,677.36
103 $23,677.36 $172.23 $0.00 $133.88 $23,983.47
104 $23,983.47 $172.23 $0.00 $135.61 $24,291.31
105 $24,291.31 $172.23 $0.00 $137.35 $24,600.89
106 $24,600.89 $172.23 $0.00 $139.10 $24,912.22
107 $24,912.22 $172.23 $0.00 $140.86 $25,225.31
108 $25,225.31 $172.23 $0.00 $142.63 $25,540.17
109 $25,540.17 $172.23 $0.00 $144.41 $25,856.81
110 $25,856.81 $172.23 $0.00 $146.20 $26,175.24
111 $26,175.24 $172.23 $0.00 $148.00 $26,495.47
112 $26,495.47 $172.23 $0.00 $149.81 $26,817.51
113 $26,817.51 $172.23 $0.00 $151.63 $27,141.37
114 $27,141.37 $172.23 $0.00 $153.46 $27,467.06
115 $27,467.06 $172.23 $0.00 $155.30 $27,794.59
116 $27,794.59 $172.23 $0.00 $157.15 $28,123.97
117 $28,123.97 $172.23 $0.00 $159.02 $28,455.22
118 $28,455.22 $172.23 $0.00 $160.89 $28,788.34
119 $28,788.34 $172.23 $0.00 $162.77 $29,123.34
120 $29,123.34 $172.23 $0.00 $164.67 $29,460.24
121 $29,460.24 $172.23 $0.00 $166.57 $29,799.04
122 $29,799.04 $172.23 $0.00 $168.49 $30,139.76
123 $30,139.76 $172.23 $0.00 $170.41 $30,482.40
124 $30,482.40 $172.23 $0.00 $172.35 $30,826.98
125 $30,826.98 $172.23 $0.00 $174.30 $31,173.51
126 $31,173.51 $172.23 $0.00 $176.26 $31,522.00
127 $31,522.00 $172.23 $0.00 $178.23 $31,872.46
128 $31,872.46 $172.23 $0.00 $180.21 $32,224.90
129 $32,224.90 $172.23 $0.00 $182.20 $32,579.33
130 $32,579.33 $172.23 $0.00 $184.21 $32,935.77
131 $32,935.77 $172.23 $0.00 $186.22 $33,294.22
132 $33,294.22 $172.23 $0.00 $188.25 $33,654.70
133 $33,654.70 $172.23 $0.00 $190.29 $34,017.22
134 $34,017.22 $172.23 $0.00 $192.34 $34,381.79
135 $34,381.79 $172.23 $0.00 $194.40 $34,748.42
136 $34,748.42 $172.23 $0.00 $196.47 $35,117.12
137 $35,117.12 $172.23 $0.00 $198.56 $35,487.91
138 $35,487.91 $172.23 $0.00 $200.65 $35,860.79
139 $35,860.79 $172.23 $0.00 $202.76 $36,235.78
140 $36,235.78 $172.23 $0.00 $204.88 $36,612.89
141 $36,612.89 $172.23 $0.00 $207.01 $36,992.13
142 $36,992.13 $172.23 $0.00 $209.16 $37,373.52
143 $37,373.52 $172.23 $0.00 $211.32 $37,757.07
144 $37,757.07 $172.23 $0.00 $213.48 $38,142.78
145 $38,142.78 $172.23 $0.00 $215.66 $38,530.67
146 $38,530.67 $172.23 $0.00 $217.86 $38,920.76
147 $38,920.76 $172.23 $0.00 $220.06 $39,313.05
148 $39,313.05 $172.23 $0.00 $222.28 $39,707.56
149 $39,707.56 $172.23 $0.00 $224.51 $40,104.30
150 $40,104.30 $172.23 $0.00 $226.76 $40,503.29
151 $40,503.29 $172.23 $0.00 $229.01 $40,904.53
152 $40,904.53 $172.23 $0.00 $231.28 $41,308.04
153 $41,308.04 $172.23 $0.00 $233.56 $41,713.83
154 $41,713.83 $172.23 $0.00 $235.86 $42,121.92
155 $42,121.92 $172.23 $0.00 $238.16 $42,532.31
156 $42,532.31 $172.23 $0.00 $240.48 $42,945.02
157 $42,945.02 $172.23 $0.00 $242.82 $43,360.07
158 $43,360.07 $172.23 $0.00 $245.16 $43,777.46
159 $43,777.46 $172.23 $0.00 $247.52 $44,197.21
160 $44,197.21 $172.23 $0.00 $249.90 $44,619.34
161 $44,619.34 $172.23 $0.00 $252.28 $45,043.85
162 $45,043.85 $172.23 $0.00 $254.68 $45,470.76
163 $45,470.76 $172.23 $0.00 $257.10 $45,900.09
164 $45,900.09 $172.23 $0.00 $259.53 $46,331.85
165 $46,331.85 $172.23 $0.00 $261.97 $46,766.05
166 $46,766.05 $172.23 $0.00 $264.42 $47,202.70
167 $47,202.70 $172.23 $0.00 $266.89 $47,641.82
168 $47,641.82 $172.23 $0.00 $269.37 $48,083.42
169 $48,083.42 $172.23 $0.00 $271.87 $48,527.52
170 $48,527.52 $172.23 $0.00 $274.38 $48,974.13
171 $48,974.13 $172.23 $0.00 $276.91 $49,423.27
172 $49,423.27 $172.23 $0.00 $279.45 $49,874.95
173 $49,874.95 $172.23 $0.00 $282.00 $50,329.18
174 $50,329.18 $172.23 $0.00 $284.57 $50,785.98
175 $50,785.98 $172.23 $0.00 $287.15 $51,245.36
176 $51,245.36 $172.23 $0.00 $289.75 $51,707.34
177 $51,707.34 $172.23 $0.00 $292.36 $52,171.93
178 $52,171.93 $172.23 $0.00 $294.99 $52,639.15
179 $52,639.15 $172.23 $0.00 $297.63 $53,109.01
180 $53,109.01 $172.23 $0.00 $300.29 $53,581.53
181 $53,581.53 $172.23 $0.00 $302.96 $54,056.72
182 $54,056.72 $172.23 $0.00 $305.64 $54,534.59
183 $54,534.59 $172.23 $0.00 $308.35 $55,015.17
184 $55,015.17 $172.23 $0.00 $311.06 $55,498.46
185 $55,498.46 $172.23 $0.00 $313.80 $55,984.49
186 $55,984.49 $172.23 $0.00 $316.54 $56,473.26
187 $56,473.26 $172.23 $0.00 $319.31 $56,964.80
188 $56,964.80 $172.23 $0.00 $322.09 $57,459.12
189 $57,459.12 $172.23 $0.00 $324.88 $57,956.23
190 $57,956.23 $172.23 $0.00 $327.69 $58,456.15
191 $58,456.15 $172.23 $0.00 $330.52 $58,958.90
192 $58,958.90 $172.23 $0.00 $333.36 $59,464.49
193 $59,464.49 $172.23 $0.00 $336.22 $59,972.94
194 $59,972.94 $172.23 $0.00 $339.10 $60,484.27
195 $60,484.27 $172.23 $0.00 $341.99 $60,998.49
196 $60,998.49 $172.23 $0.00 $344.89 $61,515.61
197 $61,515.61 $172.23 $0.00 $347.82 $62,035.66
198 $62,035.66 $172.23 $0.00 $350.76 $62,558.65
199 $62,558.65 $172.23 $0.00 $353.72 $63,084.60
200 $63,084.60 $172.23 $0.00 $356.69 $63,613.52
201 $63,613.52 $172.23 $0.00 $359.68 $64,145.43
202 $64,145.43 $172.23 $0.00 $362.69 $64,680.35
203 $64,680.35 $172.23 $0.00 $365.71 $65,218.29
204 $65,218.29 $172.23 $0.00 $368.75 $65,759.27
205 $65,759.27 $172.23 $0.00 $371.81 $66,303.31
206 $66,303.31 $172.23 $0.00 $374.89 $66,850.43
207 $66,850.43 $172.23 $0.00 $377.98 $67,400.64
208 $67,400.64 $172.23 $0.00 $381.09 $67,953.96
209 $67,953.96 $172.23 $0.00 $384.22 $68,510.41
210 $68,510.41 $172.23 $0.00 $387.37 $69,070.01
211 $69,070.01 $172.23 $0.00 $390.53 $69,632.77
212 $69,632.77 $172.23 $0.00 $393.71 $70,198.71
213 $70,198.71 $172.23 $0.00 $396.91 $70,767.85
214 $70,767.85 $172.23 $0.00 $400.13 $71,340.21
215 $71,340.21 $172.23 $0.00 $403.37 $71,915.81
216 $71,915.81 $172.23 $0.00 $406.62 $72,494.66
217 $72,494.66 $172.23 $37,807.99 $409.90 $35,268.80
218 $35,268.80 $172.23 $0.00 $199.41 $35,640.44
219 $35,640.44 $172.23 $0.00 $201.52 $36,014.19
220 $36,014.19 $172.23 $0.00 $203.63 $36,390.05
221 $36,390.05 $172.23 $0.00 $205.75 $36,768.03
222 $36,768.03 $172.23 $0.00 $207.89 $37,148.15
223 $37,148.15 $172.23 $0.00 $210.04 $37,530.42
224 $37,530.42 $172.23 $0.00 $212.20 $37,914.85
225 $37,914.85 $172.23 $0.00 $214.38 $38,301.46
226 $38,301.46 $172.23 $0.00 $216.56 $38,690.25
227 $38,690.25 $172.23 $0.00 $218.76 $39,081.24
228 $39,081.24 $172.23 $0.00 $220.97 $39,474.44
229 $39,474.44 $0.00 $39,698.39 $223.19 ($0.76)