# Savings Plan and Future Cost Estimation for Chicago State University

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2040 \$67,888 Monthly savings required \$537

How much will it cost to send your child to Chicago State University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$271,550.31 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$537.39 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 \$26,179.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

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

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$537.39 \$0.00 \$0.00 \$537.39
2 \$537.39 \$537.39 \$0.00 \$3.04 \$1,077.82
3 \$1,077.82 \$537.39 \$0.00 \$6.09 \$1,621.30
4 \$1,621.30 \$537.39 \$0.00 \$9.17 \$2,167.86
5 \$2,167.86 \$537.39 \$0.00 \$12.26 \$2,717.51
6 \$2,717.51 \$537.39 \$0.00 \$15.37 \$3,270.27
7 \$3,270.27 \$537.39 \$0.00 \$18.49 \$3,826.15
8 \$3,826.15 \$537.39 \$0.00 \$21.63 \$4,385.17
9 \$4,385.17 \$537.39 \$0.00 \$24.79 \$4,947.35
10 \$4,947.35 \$537.39 \$0.00 \$27.97 \$5,512.71
11 \$5,512.71 \$537.39 \$0.00 \$31.17 \$6,081.27
12 \$6,081.27 \$537.39 \$0.00 \$34.38 \$6,653.04
13 \$6,653.04 \$537.39 \$0.00 \$37.62 \$7,228.05
14 \$7,228.05 \$537.39 \$0.00 \$40.87 \$7,806.31
15 \$7,806.31 \$537.39 \$0.00 \$44.14 \$8,387.84
16 \$8,387.84 \$537.39 \$0.00 \$47.43 \$8,972.66
17 \$8,972.66 \$537.39 \$0.00 \$50.73 \$9,560.78
18 \$9,560.78 \$537.39 \$0.00 \$54.06 \$10,152.23
19 \$10,152.23 \$537.39 \$0.00 \$57.40 \$10,747.02
20 \$10,747.02 \$537.39 \$0.00 \$60.77 \$11,345.18
21 \$11,345.18 \$537.39 \$0.00 \$64.15 \$11,946.72
22 \$11,946.72 \$537.39 \$0.00 \$67.55 \$12,551.66
23 \$12,551.66 \$537.39 \$0.00 \$70.97 \$13,160.02
24 \$13,160.02 \$537.39 \$0.00 \$74.41 \$13,771.82
25 \$13,771.82 \$537.39 \$0.00 \$77.87 \$14,387.08
26 \$14,387.08 \$537.39 \$0.00 \$81.35 \$15,005.82
27 \$15,005.82 \$537.39 \$0.00 \$84.85 \$15,628.06
28 \$15,628.06 \$537.39 \$0.00 \$88.36 \$16,253.81
29 \$16,253.81 \$537.39 \$0.00 \$91.90 \$16,883.10
30 \$16,883.10 \$537.39 \$0.00 \$95.46 \$17,515.95
31 \$17,515.95 \$537.39 \$0.00 \$99.04 \$18,152.38
32 \$18,152.38 \$537.39 \$0.00 \$102.64 \$18,792.41
33 \$18,792.41 \$537.39 \$0.00 \$106.26 \$19,436.06
34 \$19,436.06 \$537.39 \$0.00 \$109.89 \$20,083.34
35 \$20,083.34 \$537.39 \$0.00 \$113.55 \$20,734.28
36 \$20,734.28 \$537.39 \$0.00 \$117.23 \$21,388.90
37 \$21,388.90 \$537.39 \$0.00 \$120.94 \$22,047.23
38 \$22,047.23 \$537.39 \$0.00 \$124.66 \$22,709.28
39 \$22,709.28 \$537.39 \$0.00 \$128.40 \$23,375.07
40 \$23,375.07 \$537.39 \$0.00 \$132.17 \$24,044.63
41 \$24,044.63 \$537.39 \$0.00 \$135.95 \$24,717.97
42 \$24,717.97 \$537.39 \$0.00 \$139.76 \$25,395.12
43 \$25,395.12 \$537.39 \$0.00 \$143.59 \$26,076.10
44 \$26,076.10 \$537.39 \$0.00 \$147.44 \$26,760.93
45 \$26,760.93 \$537.39 \$0.00 \$151.31 \$27,449.63
46 \$27,449.63 \$537.39 \$0.00 \$155.20 \$28,142.22
47 \$28,142.22 \$537.39 \$0.00 \$159.12 \$28,838.73
48 \$28,838.73 \$537.39 \$0.00 \$163.06 \$29,539.18
49 \$29,539.18 \$537.39 \$0.00 \$167.02 \$30,243.59
50 \$30,243.59 \$537.39 \$0.00 \$171.00 \$30,951.98
51 \$30,951.98 \$537.39 \$0.00 \$175.01 \$31,664.38
52 \$31,664.38 \$537.39 \$0.00 \$179.04 \$32,380.81
53 \$32,380.81 \$537.39 \$0.00 \$183.09 \$33,101.29
54 \$33,101.29 \$537.39 \$0.00 \$187.16 \$33,825.84
55 \$33,825.84 \$537.39 \$0.00 \$191.26 \$34,554.49
56 \$34,554.49 \$537.39 \$0.00 \$195.38 \$35,287.26
57 \$35,287.26 \$537.39 \$0.00 \$199.52 \$36,024.17
58 \$36,024.17 \$537.39 \$0.00 \$203.69 \$36,765.25
59 \$36,765.25 \$537.39 \$0.00 \$207.88 \$37,510.52
60 \$37,510.52 \$537.39 \$0.00 \$212.09 \$38,260.00
61 \$38,260.00 \$537.39 \$0.00 \$216.33 \$39,013.72
62 \$39,013.72 \$537.39 \$0.00 \$220.59 \$39,771.70
63 \$39,771.70 \$537.39 \$0.00 \$224.87 \$40,533.96
64 \$40,533.96 \$537.39 \$0.00 \$229.18 \$41,300.53
65 \$41,300.53 \$537.39 \$0.00 \$233.52 \$42,071.44
66 \$42,071.44 \$537.39 \$0.00 \$237.88 \$42,846.71
67 \$42,846.71 \$537.39 \$0.00 \$242.26 \$43,626.36
68 \$43,626.36 \$537.39 \$0.00 \$246.67 \$44,410.42
69 \$44,410.42 \$537.39 \$0.00 \$251.10 \$45,198.91
70 \$45,198.91 \$537.39 \$0.00 \$255.56 \$45,991.86
71 \$45,991.86 \$537.39 \$0.00 \$260.04 \$46,789.29
72 \$46,789.29 \$537.39 \$0.00 \$264.55 \$47,591.23
73 \$47,591.23 \$537.39 \$0.00 \$269.09 \$48,397.71
74 \$48,397.71 \$537.39 \$0.00 \$273.65 \$49,208.75
75 \$49,208.75 \$537.39 \$0.00 \$278.23 \$50,024.37
76 \$50,024.37 \$537.39 \$0.00 \$282.85 \$50,844.61
77 \$50,844.61 \$537.39 \$0.00 \$287.48 \$51,669.48
78 \$51,669.48 \$537.39 \$0.00 \$292.15 \$52,499.02
79 \$52,499.02 \$537.39 \$0.00 \$296.84 \$53,333.25
80 \$53,333.25 \$537.39 \$0.00 \$301.55 \$54,172.19
81 \$54,172.19 \$537.39 \$0.00 \$306.30 \$55,015.88
82 \$55,015.88 \$537.39 \$0.00 \$311.07 \$55,864.34
83 \$55,864.34 \$537.39 \$0.00 \$315.87 \$56,717.60
84 \$56,717.60 \$537.39 \$0.00 \$320.69 \$57,575.68
85 \$57,575.68 \$537.39 \$0.00 \$325.54 \$58,438.61
86 \$58,438.61 \$537.39 \$0.00 \$330.42 \$59,306.42
87 \$59,306.42 \$537.39 \$0.00 \$335.33 \$60,179.14
88 \$60,179.14 \$537.39 \$0.00 \$340.26 \$61,056.79
89 \$61,056.79 \$537.39 \$0.00 \$345.22 \$61,939.40
90 \$61,939.40 \$537.39 \$0.00 \$350.21 \$62,827.00
91 \$62,827.00 \$537.39 \$0.00 \$355.23 \$63,719.62
92 \$63,719.62 \$537.39 \$0.00 \$360.28 \$64,617.29
93 \$64,617.29 \$537.39 \$0.00 \$365.36 \$65,520.04
94 \$65,520.04 \$537.39 \$0.00 \$370.46 \$66,427.89
95 \$66,427.89 \$537.39 \$0.00 \$375.59 \$67,340.87
96 \$67,340.87 \$537.39 \$0.00 \$380.76 \$68,259.02
97 \$68,259.02 \$537.39 \$0.00 \$385.95 \$69,182.36
98 \$69,182.36 \$537.39 \$0.00 \$391.17 \$70,110.92
99 \$70,110.92 \$537.39 \$0.00 \$396.42 \$71,044.73
100 \$71,044.73 \$537.39 \$0.00 \$401.70 \$71,983.82
101 \$71,983.82 \$537.39 \$0.00 \$407.01 \$72,928.22
102 \$72,928.22 \$537.39 \$0.00 \$412.35 \$73,877.96
103 \$73,877.96 \$537.39 \$0.00 \$417.72 \$74,833.07
104 \$74,833.07 \$537.39 \$0.00 \$423.12 \$75,793.58
105 \$75,793.58 \$537.39 \$0.00 \$428.55 \$76,759.52
106 \$76,759.52 \$537.39 \$0.00 \$434.01 \$77,730.92
107 \$77,730.92 \$537.39 \$0.00 \$439.50 \$78,707.81
108 \$78,707.81 \$537.39 \$0.00 \$445.03 \$79,690.23
109 \$79,690.23 \$537.39 \$0.00 \$450.58 \$80,678.20
110 \$80,678.20 \$537.39 \$0.00 \$456.17 \$81,671.76
111 \$81,671.76 \$537.39 \$0.00 \$461.78 \$82,670.93
112 \$82,670.93 \$537.39 \$0.00 \$467.43 \$83,675.75
113 \$83,675.75 \$537.39 \$0.00 \$473.11 \$84,686.25
114 \$84,686.25 \$537.39 \$0.00 \$478.83 \$85,702.47
115 \$85,702.47 \$537.39 \$0.00 \$484.57 \$86,724.43
116 \$86,724.43 \$537.39 \$0.00 \$490.35 \$87,752.17
117 \$87,752.17 \$537.39 \$0.00 \$496.16 \$88,785.72
118 \$88,785.72 \$537.39 \$0.00 \$502.01 \$89,825.12
119 \$89,825.12 \$537.39 \$0.00 \$507.88 \$90,870.39
120 \$90,870.39 \$537.39 \$0.00 \$513.79 \$91,921.57
121 \$91,921.57 \$537.39 \$0.00 \$519.74 \$92,978.70
122 \$92,978.70 \$537.39 \$0.00 \$525.72 \$94,041.81
123 \$94,041.81 \$537.39 \$0.00 \$531.73 \$95,110.93
124 \$95,110.93 \$537.39 \$0.00 \$537.77 \$96,186.09
125 \$96,186.09 \$537.39 \$0.00 \$543.85 \$97,267.33
126 \$97,267.33 \$537.39 \$0.00 \$549.96 \$98,354.68
127 \$98,354.68 \$537.39 \$0.00 \$556.11 \$99,448.18
128 \$99,448.18 \$537.39 \$0.00 \$562.29 \$100,547.86
129 \$100,547.86 \$537.39 \$0.00 \$568.51 \$101,653.76
130 \$101,653.76 \$537.39 \$0.00 \$574.77 \$102,765.92
131 \$102,765.92 \$537.39 \$0.00 \$581.05 \$103,884.36
132 \$103,884.36 \$537.39 \$0.00 \$587.38 \$105,009.13
133 \$105,009.13 \$537.39 \$0.00 \$593.74 \$106,140.26
134 \$106,140.26 \$537.39 \$0.00 \$600.13 \$107,277.78
135 \$107,277.78 \$537.39 \$0.00 \$606.56 \$108,421.73
136 \$108,421.73 \$537.39 \$0.00 \$613.03 \$109,572.15
137 \$109,572.15 \$537.39 \$0.00 \$619.54 \$110,729.08
138 \$110,729.08 \$537.39 \$0.00 \$626.08 \$111,892.55
139 \$111,892.55 \$537.39 \$0.00 \$632.66 \$113,062.60
140 \$113,062.60 \$537.39 \$0.00 \$639.27 \$114,239.26
141 \$114,239.26 \$537.39 \$0.00 \$645.93 \$115,422.58
142 \$115,422.58 \$537.39 \$0.00 \$652.62 \$116,612.59
143 \$116,612.59 \$537.39 \$0.00 \$659.34 \$117,809.32
144 \$117,809.32 \$537.39 \$0.00 \$666.11 \$119,012.82
145 \$119,012.82 \$537.39 \$0.00 \$672.92 \$120,223.13
146 \$120,223.13 \$537.39 \$0.00 \$679.76 \$121,440.28
147 \$121,440.28 \$537.39 \$0.00 \$686.64 \$122,664.31
148 \$122,664.31 \$537.39 \$0.00 \$693.56 \$123,895.26
149 \$123,895.26 \$537.39 \$0.00 \$700.52 \$125,133.17
150 \$125,133.17 \$537.39 \$0.00 \$707.52 \$126,378.08
151 \$126,378.08 \$537.39 \$0.00 \$714.56 \$127,630.03
152 \$127,630.03 \$537.39 \$0.00 \$721.64 \$128,889.06
153 \$128,889.06 \$537.39 \$0.00 \$728.76 \$130,155.21
154 \$130,155.21 \$537.39 \$0.00 \$735.92 \$131,428.52
155 \$131,428.52 \$537.39 \$0.00 \$743.12 \$132,709.03
156 \$132,709.03 \$537.39 \$0.00 \$750.36 \$133,996.78
157 \$133,996.78 \$537.39 \$0.00 \$757.64 \$135,291.81
158 \$135,291.81 \$537.39 \$0.00 \$764.96 \$136,594.16
159 \$136,594.16 \$537.39 \$0.00 \$772.32 \$137,903.87
160 \$137,903.87 \$537.39 \$0.00 \$779.73 \$139,220.99
161 \$139,220.99 \$537.39 \$0.00 \$787.18 \$140,545.56
162 \$140,545.56 \$537.39 \$0.00 \$794.67 \$141,877.62
163 \$141,877.62 \$537.39 \$0.00 \$802.20 \$143,217.21
164 \$143,217.21 \$537.39 \$0.00 \$809.77 \$144,564.37
165 \$144,564.37 \$537.39 \$0.00 \$817.39 \$145,919.15
166 \$145,919.15 \$537.39 \$0.00 \$825.05 \$147,281.59
167 \$147,281.59 \$537.39 \$0.00 \$832.75 \$148,651.73
168 \$148,651.73 \$537.39 \$0.00 \$840.50 \$150,029.62
169 \$150,029.62 \$537.39 \$0.00 \$848.29 \$151,415.30
170 \$151,415.30 \$537.39 \$0.00 \$856.12 \$152,808.81
171 \$152,808.81 \$537.39 \$0.00 \$864.00 \$154,210.20
172 \$154,210.20 \$537.39 \$0.00 \$871.93 \$155,619.52
173 \$155,619.52 \$537.39 \$0.00 \$879.90 \$157,036.81
174 \$157,036.81 \$537.39 \$0.00 \$887.91 \$158,462.11
175 \$158,462.11 \$537.39 \$0.00 \$895.97 \$159,895.47
176 \$159,895.47 \$537.39 \$0.00 \$904.07 \$161,336.93
177 \$161,336.93 \$537.39 \$0.00 \$912.22 \$162,786.54
178 \$162,786.54 \$537.39 \$0.00 \$920.42 \$164,244.35
179 \$164,244.35 \$537.39 \$0.00 \$928.66 \$165,710.40
180 \$165,710.40 \$537.39 \$0.00 \$936.95 \$167,184.74
181 \$167,184.74 \$537.39 \$0.00 \$945.29 \$168,667.42
182 \$168,667.42 \$537.39 \$0.00 \$953.67 \$170,158.48
183 \$170,158.48 \$537.39 \$0.00 \$962.10 \$171,657.97
184 \$171,657.97 \$537.39 \$0.00 \$970.58 \$173,165.94
185 \$173,165.94 \$537.39 \$0.00 \$979.11 \$174,682.44
186 \$174,682.44 \$537.39 \$0.00 \$987.68 \$176,207.51
187 \$176,207.51 \$537.39 \$0.00 \$996.30 \$177,741.20
188 \$177,741.20 \$537.39 \$0.00 \$1,004.97 \$179,283.56
189 \$179,283.56 \$537.39 \$0.00 \$1,013.70 \$180,834.65
190 \$180,834.65 \$537.39 \$0.00 \$1,022.47 \$182,394.51
191 \$182,394.51 \$537.39 \$0.00 \$1,031.29 \$183,963.19
192 \$183,963.19 \$537.39 \$0.00 \$1,040.15 \$185,540.73
193 \$185,540.73 \$537.39 \$0.00 \$1,049.07 \$187,127.19
194 \$187,127.19 \$537.39 \$0.00 \$1,058.04 \$188,722.62
195 \$188,722.62 \$537.39 \$0.00 \$1,067.07 \$190,327.08
196 \$190,327.08 \$537.39 \$0.00 \$1,076.14 \$191,940.61
197 \$191,940.61 \$537.39 \$0.00 \$1,085.26 \$193,563.26
198 \$193,563.26 \$537.39 \$0.00 \$1,094.43 \$195,195.08
199 \$195,195.08 \$537.39 \$0.00 \$1,103.66 \$196,836.13
200 \$196,836.13 \$537.39 \$0.00 \$1,112.94 \$198,486.46
201 \$198,486.46 \$537.39 \$0.00 \$1,122.27 \$200,146.12
202 \$200,146.12 \$537.39 \$0.00 \$1,131.66 \$201,815.17
203 \$201,815.17 \$537.39 \$0.00 \$1,141.09 \$203,493.65
204 \$203,493.65 \$537.39 \$0.00 \$1,150.58 \$205,181.62
205 \$205,181.62 \$537.39 \$0.00 \$1,160.13 \$206,879.14
206 \$206,879.14 \$537.39 \$0.00 \$1,169.72 \$208,586.25
207 \$208,586.25 \$537.39 \$0.00 \$1,179.38 \$210,303.02
208 \$210,303.02 \$537.39 \$0.00 \$1,189.08 \$212,029.49
209 \$212,029.49 \$537.39 \$0.00 \$1,198.85 \$213,765.73
210 \$213,765.73 \$537.39 \$0.00 \$1,208.66 \$215,511.78
211 \$215,511.78 \$537.39 \$0.00 \$1,218.53 \$217,267.70
212 \$217,267.70 \$537.39 \$0.00 \$1,228.46 \$219,033.55
213 \$219,033.55 \$537.39 \$0.00 \$1,238.45 \$220,809.39
214 \$220,809.39 \$537.39 \$0.00 \$1,248.49 \$222,595.27
215 \$222,595.27 \$537.39 \$0.00 \$1,258.59 \$224,391.25
216 \$224,391.25 \$537.39 \$0.00 \$1,268.74 \$226,197.38
217 \$226,197.38 \$537.39 \$63,002.88 \$1,278.95 \$165,010.84
218 \$165,010.84 \$537.39 \$0.00 \$933.00 \$166,481.23
219 \$166,481.23 \$537.39 \$0.00 \$941.31 \$167,959.93
220 \$167,959.93 \$537.39 \$0.00 \$949.67 \$169,446.99
221 \$169,446.99 \$537.39 \$0.00 \$958.08 \$170,942.46
222 \$170,942.46 \$537.39 \$0.00 \$966.53 \$172,446.38
223 \$172,446.38 \$537.39 \$0.00 \$975.04 \$173,958.81
224 \$173,958.81 \$537.39 \$0.00 \$983.59 \$175,479.79
225 \$175,479.79 \$537.39 \$0.00 \$992.19 \$177,009.37
226 \$177,009.37 \$537.39 \$0.00 \$1,000.84 \$178,547.60
227 \$178,547.60 \$537.39 \$0.00 \$1,009.53 \$180,094.52
228 \$180,094.52 \$537.39 \$0.00 \$1,018.28 \$181,650.19
229 \$181,650.19 \$537.39 \$66,153.03 \$1,027.08 \$117,061.63
230 \$117,061.63 \$537.39 \$0.00 \$661.88 \$118,260.90
231 \$118,260.90 \$537.39 \$0.00 \$668.66 \$119,466.95
232 \$119,466.95 \$537.39 \$0.00 \$675.48 \$120,679.82
233 \$120,679.82 \$537.39 \$0.00 \$682.34 \$121,899.55
234 \$121,899.55 \$537.39 \$0.00 \$689.24 \$123,126.18
235 \$123,126.18 \$537.39 \$0.00 \$696.17 \$124,359.74
236 \$124,359.74 \$537.39 \$0.00 \$703.15 \$125,600.28
237 \$125,600.28 \$537.39 \$0.00 \$710.16 \$126,847.83
238 \$126,847.83 \$537.39 \$0.00 \$717.22 \$128,102.44
239 \$128,102.44 \$537.39 \$0.00 \$724.31 \$129,364.14
240 \$129,364.14 \$537.39 \$0.00 \$731.44 \$130,632.97
241 \$130,632.97 \$537.39 \$69,460.68 \$738.62 \$62,448.30
242 \$62,448.30 \$537.39 \$0.00 \$353.09 \$63,338.78
243 \$63,338.78 \$537.39 \$0.00 \$358.13 \$64,234.30
244 \$64,234.30 \$537.39 \$0.00 \$363.19 \$65,134.88
245 \$65,134.88 \$537.39 \$0.00 \$368.28 \$66,040.55
246 \$66,040.55 \$537.39 \$0.00 \$373.40 \$66,951.34
247 \$66,951.34 \$537.39 \$0.00 \$378.55 \$67,867.28
248 \$67,867.28 \$537.39 \$0.00 \$383.73 \$68,788.40
249 \$68,788.40 \$537.39 \$0.00 \$388.94 \$69,714.73
250 \$69,714.73 \$537.39 \$0.00 \$394.18 \$70,646.30
251 \$70,646.30 \$537.39 \$0.00 \$399.44 \$71,583.13
252 \$71,583.13 \$537.39 \$0.00 \$404.74 \$72,525.26
253 \$72,525.26 \$0.00 \$72,933.71 \$410.07 \$1.62