Savings Plan and Future Cost Estimation for Harrison College Terre Haute

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$42,749
Monthly savings required$338

How much will it cost to send your child to Harrison College Terre Haute in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $170,996.10 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $338.39 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$16,485.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $338.39 $0.00 $0.00 $338.39
2 $338.39 $338.39 $0.00 $1.91 $678.69
3 $678.69 $338.39 $0.00 $3.84 $1,020.92
4 $1,020.92 $338.39 $0.00 $5.77 $1,365.08
5 $1,365.08 $338.39 $0.00 $7.72 $1,711.19
6 $1,711.19 $338.39 $0.00 $9.68 $2,059.26
7 $2,059.26 $338.39 $0.00 $11.64 $2,409.29
8 $2,409.29 $338.39 $0.00 $13.62 $2,761.30
9 $2,761.30 $338.39 $0.00 $15.61 $3,115.30
10 $3,115.30 $338.39 $0.00 $17.61 $3,471.30
11 $3,471.30 $338.39 $0.00 $19.63 $3,829.32
12 $3,829.32 $338.39 $0.00 $21.65 $4,189.36
13 $4,189.36 $338.39 $0.00 $23.69 $4,551.44
14 $4,551.44 $338.39 $0.00 $25.73 $4,915.56
15 $4,915.56 $338.39 $0.00 $27.79 $5,281.74
16 $5,281.74 $338.39 $0.00 $29.86 $5,649.99
17 $5,649.99 $338.39 $0.00 $31.95 $6,020.33
18 $6,020.33 $338.39 $0.00 $34.04 $6,392.76
19 $6,392.76 $338.39 $0.00 $36.15 $6,767.30
20 $6,767.30 $338.39 $0.00 $38.26 $7,143.95
21 $7,143.95 $338.39 $0.00 $40.39 $7,522.73
22 $7,522.73 $338.39 $0.00 $42.53 $7,903.65
23 $7,903.65 $338.39 $0.00 $44.69 $8,286.73
24 $8,286.73 $338.39 $0.00 $46.85 $8,671.97
25 $8,671.97 $338.39 $0.00 $49.03 $9,059.39
26 $9,059.39 $338.39 $0.00 $51.22 $9,449.00
27 $9,449.00 $338.39 $0.00 $53.43 $9,840.82
28 $9,840.82 $338.39 $0.00 $55.64 $10,234.85
29 $10,234.85 $338.39 $0.00 $57.87 $10,631.11
30 $10,631.11 $338.39 $0.00 $60.11 $11,029.61
31 $11,029.61 $338.39 $0.00 $62.36 $11,430.36
32 $11,430.36 $338.39 $0.00 $64.63 $11,833.38
33 $11,833.38 $338.39 $0.00 $66.91 $12,238.68
34 $12,238.68 $338.39 $0.00 $69.20 $12,646.27
35 $12,646.27 $338.39 $0.00 $71.50 $13,056.16
36 $13,056.16 $338.39 $0.00 $73.82 $13,468.37
37 $13,468.37 $338.39 $0.00 $76.15 $13,882.91
38 $13,882.91 $338.39 $0.00 $78.50 $14,299.80
39 $14,299.80 $338.39 $0.00 $80.85 $14,719.04
40 $14,719.04 $338.39 $0.00 $83.22 $15,140.65
41 $15,140.65 $338.39 $0.00 $85.61 $15,564.65
42 $15,564.65 $338.39 $0.00 $88.00 $15,991.04
43 $15,991.04 $338.39 $0.00 $90.42 $16,419.85
44 $16,419.85 $338.39 $0.00 $92.84 $16,851.08
45 $16,851.08 $338.39 $0.00 $95.28 $17,284.75
46 $17,284.75 $338.39 $0.00 $97.73 $17,720.87
47 $17,720.87 $338.39 $0.00 $100.20 $18,159.46
48 $18,159.46 $338.39 $0.00 $102.68 $18,600.53
49 $18,600.53 $338.39 $0.00 $105.17 $19,044.09
50 $19,044.09 $338.39 $0.00 $107.68 $19,490.16
51 $19,490.16 $338.39 $0.00 $110.20 $19,938.75
52 $19,938.75 $338.39 $0.00 $112.74 $20,389.88
53 $20,389.88 $338.39 $0.00 $115.29 $20,843.56
54 $20,843.56 $338.39 $0.00 $117.85 $21,299.80
55 $21,299.80 $338.39 $0.00 $120.43 $21,758.62
56 $21,758.62 $338.39 $0.00 $123.03 $22,220.04
57 $22,220.04 $338.39 $0.00 $125.64 $22,684.07
58 $22,684.07 $338.39 $0.00 $128.26 $23,150.72
59 $23,150.72 $338.39 $0.00 $130.90 $23,620.01
60 $23,620.01 $338.39 $0.00 $133.55 $24,091.95
61 $24,091.95 $338.39 $0.00 $136.22 $24,566.56
62 $24,566.56 $338.39 $0.00 $138.90 $25,043.85
63 $25,043.85 $338.39 $0.00 $141.60 $25,523.84
64 $25,523.84 $338.39 $0.00 $144.32 $26,006.55
65 $26,006.55 $338.39 $0.00 $147.04 $26,491.98
66 $26,491.98 $338.39 $0.00 $149.79 $26,980.16
67 $26,980.16 $338.39 $0.00 $152.55 $27,471.10
68 $27,471.10 $338.39 $0.00 $155.33 $27,964.82
69 $27,964.82 $338.39 $0.00 $158.12 $28,461.33
70 $28,461.33 $338.39 $0.00 $160.92 $28,960.64
71 $28,960.64 $338.39 $0.00 $163.75 $29,462.78
72 $29,462.78 $338.39 $0.00 $166.59 $29,967.76
73 $29,967.76 $338.39 $0.00 $169.44 $30,475.59
74 $30,475.59 $338.39 $0.00 $172.31 $30,986.29
75 $30,986.29 $338.39 $0.00 $175.20 $31,499.88
76 $31,499.88 $338.39 $0.00 $178.10 $32,016.37
77 $32,016.37 $338.39 $0.00 $181.03 $32,535.79
78 $32,535.79 $338.39 $0.00 $183.96 $33,058.14
79 $33,058.14 $338.39 $0.00 $186.92 $33,583.45
80 $33,583.45 $338.39 $0.00 $189.89 $34,111.73
81 $34,111.73 $338.39 $0.00 $192.87 $34,642.99
82 $34,642.99 $338.39 $0.00 $195.88 $35,177.26
83 $35,177.26 $338.39 $0.00 $198.90 $35,714.55
84 $35,714.55 $338.39 $0.00 $201.94 $36,254.88
85 $36,254.88 $338.39 $0.00 $204.99 $36,798.26
86 $36,798.26 $338.39 $0.00 $208.06 $37,344.71
87 $37,344.71 $338.39 $0.00 $211.15 $37,894.25
88 $37,894.25 $338.39 $0.00 $214.26 $38,446.90
89 $38,446.90 $338.39 $0.00 $217.38 $39,002.67
90 $39,002.67 $338.39 $0.00 $220.53 $39,561.59
91 $39,561.59 $338.39 $0.00 $223.69 $40,123.67
92 $40,123.67 $338.39 $0.00 $226.87 $40,688.93
93 $40,688.93 $338.39 $0.00 $230.06 $41,257.38
94 $41,257.38 $338.39 $0.00 $233.28 $41,829.05
95 $41,829.05 $338.39 $0.00 $236.51 $42,403.95
96 $42,403.95 $338.39 $0.00 $239.76 $42,982.10
97 $42,982.10 $338.39 $0.00 $243.03 $43,563.52
98 $43,563.52 $338.39 $0.00 $246.31 $44,148.22
99 $44,148.22 $338.39 $0.00 $249.62 $44,736.23
100 $44,736.23 $338.39 $0.00 $252.95 $45,327.57
101 $45,327.57 $338.39 $0.00 $256.29 $45,922.25
102 $45,922.25 $338.39 $0.00 $259.65 $46,520.29
103 $46,520.29 $338.39 $0.00 $263.03 $47,121.71
104 $47,121.71 $338.39 $0.00 $266.43 $47,726.53
105 $47,726.53 $338.39 $0.00 $269.85 $48,334.77
106 $48,334.77 $338.39 $0.00 $273.29 $48,946.45
107 $48,946.45 $338.39 $0.00 $276.75 $49,561.59
108 $49,561.59 $338.39 $0.00 $280.23 $50,180.21
109 $50,180.21 $338.39 $0.00 $283.73 $50,802.33
110 $50,802.33 $338.39 $0.00 $287.24 $51,427.96
111 $51,427.96 $338.39 $0.00 $290.78 $52,057.13
112 $52,057.13 $338.39 $0.00 $294.34 $52,689.86
113 $52,689.86 $338.39 $0.00 $297.92 $53,326.17
114 $53,326.17 $338.39 $0.00 $301.51 $53,966.07
115 $53,966.07 $338.39 $0.00 $305.13 $54,609.59
116 $54,609.59 $338.39 $0.00 $308.77 $55,256.75
117 $55,256.75 $338.39 $0.00 $312.43 $55,907.57
118 $55,907.57 $338.39 $0.00 $316.11 $56,562.07
119 $56,562.07 $338.39 $0.00 $319.81 $57,220.27
120 $57,220.27 $338.39 $0.00 $323.53 $57,882.19
121 $57,882.19 $338.39 $0.00 $327.27 $58,547.85
122 $58,547.85 $338.39 $0.00 $331.04 $59,217.28
123 $59,217.28 $338.39 $0.00 $334.82 $59,890.49
124 $59,890.49 $338.39 $0.00 $338.63 $60,567.51
125 $60,567.51 $338.39 $0.00 $342.46 $61,248.36
126 $61,248.36 $338.39 $0.00 $346.31 $61,933.06
127 $61,933.06 $338.39 $0.00 $350.18 $62,621.63
128 $62,621.63 $338.39 $0.00 $354.07 $63,314.09
129 $63,314.09 $338.39 $0.00 $357.99 $64,010.47
130 $64,010.47 $338.39 $0.00 $361.92 $64,710.78
131 $64,710.78 $338.39 $0.00 $365.88 $65,415.05
132 $65,415.05 $338.39 $0.00 $369.87 $66,123.31
133 $66,123.31 $338.39 $0.00 $373.87 $66,835.57
134 $66,835.57 $338.39 $0.00 $377.90 $67,551.86
135 $67,551.86 $338.39 $0.00 $381.95 $68,272.20
136 $68,272.20 $338.39 $0.00 $386.02 $68,996.61
137 $68,996.61 $338.39 $0.00 $390.12 $69,725.12
138 $69,725.12 $338.39 $0.00 $394.24 $70,457.75
139 $70,457.75 $338.39 $0.00 $398.38 $71,194.52
140 $71,194.52 $338.39 $0.00 $402.54 $71,935.45
141 $71,935.45 $338.39 $0.00 $406.73 $72,680.57
142 $72,680.57 $338.39 $0.00 $410.95 $73,429.91
143 $73,429.91 $338.39 $0.00 $415.18 $74,183.48
144 $74,183.48 $338.39 $0.00 $419.44 $74,941.31
145 $74,941.31 $338.39 $0.00 $423.73 $75,703.43
146 $75,703.43 $338.39 $0.00 $428.04 $76,469.86
147 $76,469.86 $338.39 $0.00 $432.37 $77,240.62
148 $77,240.62 $338.39 $0.00 $436.73 $78,015.74
149 $78,015.74 $338.39 $0.00 $441.11 $78,795.24
150 $78,795.24 $338.39 $0.00 $445.52 $79,579.15
151 $79,579.15 $338.39 $0.00 $449.95 $80,367.49
152 $80,367.49 $338.39 $0.00 $454.41 $81,160.29
153 $81,160.29 $338.39 $0.00 $458.89 $81,957.57
154 $81,957.57 $338.39 $0.00 $463.40 $82,759.36
155 $82,759.36 $338.39 $0.00 $467.93 $83,565.68
156 $83,565.68 $338.39 $0.00 $472.49 $84,376.56
157 $84,376.56 $338.39 $0.00 $477.08 $85,192.03
158 $85,192.03 $338.39 $0.00 $481.69 $86,012.11
159 $86,012.11 $338.39 $0.00 $486.32 $86,836.82
160 $86,836.82 $338.39 $0.00 $490.99 $87,666.20
161 $87,666.20 $338.39 $0.00 $495.68 $88,500.27
162 $88,500.27 $338.39 $0.00 $500.39 $89,339.05
163 $89,339.05 $338.39 $0.00 $505.14 $90,182.58
164 $90,182.58 $338.39 $0.00 $509.91 $91,030.88
165 $91,030.88 $338.39 $0.00 $514.70 $91,883.97
166 $91,883.97 $338.39 $0.00 $519.53 $92,741.89
167 $92,741.89 $338.39 $0.00 $524.38 $93,604.66
168 $93,604.66 $338.39 $0.00 $529.25 $94,472.30
169 $94,472.30 $338.39 $0.00 $534.16 $95,344.85
170 $95,344.85 $338.39 $0.00 $539.09 $96,222.33
171 $96,222.33 $338.39 $0.00 $544.06 $97,104.78
172 $97,104.78 $338.39 $0.00 $549.04 $97,992.21
173 $97,992.21 $338.39 $0.00 $554.06 $98,884.66
174 $98,884.66 $338.39 $0.00 $559.11 $99,782.16
175 $99,782.16 $338.39 $0.00 $564.18 $100,684.73
176 $100,684.73 $338.39 $0.00 $569.29 $101,592.41
177 $101,592.41 $338.39 $0.00 $574.42 $102,505.22
178 $102,505.22 $338.39 $0.00 $579.58 $103,423.19
179 $103,423.19 $338.39 $0.00 $584.77 $104,346.35
180 $104,346.35 $338.39 $0.00 $589.99 $105,274.73
181 $105,274.73 $338.39 $0.00 $595.24 $106,208.36
182 $106,208.36 $338.39 $0.00 $600.52 $107,147.27
183 $107,147.27 $338.39 $0.00 $605.83 $108,091.49
184 $108,091.49 $338.39 $0.00 $611.16 $109,041.04
185 $109,041.04 $338.39 $0.00 $616.53 $109,995.96
186 $109,995.96 $338.39 $0.00 $621.93 $110,956.28
187 $110,956.28 $338.39 $0.00 $627.36 $111,922.03
188 $111,922.03 $338.39 $0.00 $632.82 $112,893.24
189 $112,893.24 $338.39 $0.00 $638.31 $113,869.94
190 $113,869.94 $338.39 $0.00 $643.84 $114,852.17
191 $114,852.17 $338.39 $0.00 $649.39 $115,839.95
192 $115,839.95 $338.39 $0.00 $654.98 $116,833.32
193 $116,833.32 $338.39 $0.00 $660.59 $117,832.30
194 $117,832.30 $338.39 $0.00 $666.24 $118,836.93
195 $118,836.93 $338.39 $0.00 $671.92 $119,847.24
196 $119,847.24 $338.39 $0.00 $677.63 $120,863.26
197 $120,863.26 $338.39 $0.00 $683.38 $121,885.03
198 $121,885.03 $338.39 $0.00 $689.16 $122,912.58
199 $122,912.58 $338.39 $0.00 $694.97 $123,945.94
200 $123,945.94 $338.39 $0.00 $700.81 $124,985.14
201 $124,985.14 $338.39 $0.00 $706.68 $126,030.21
202 $126,030.21 $338.39 $0.00 $712.59 $127,081.19
203 $127,081.19 $338.39 $0.00 $718.54 $128,138.12
204 $128,138.12 $338.39 $0.00 $724.51 $129,201.02
205 $129,201.02 $338.39 $0.00 $730.52 $130,269.93
206 $130,269.93 $338.39 $0.00 $736.57 $131,344.89
207 $131,344.89 $338.39 $0.00 $742.64 $132,425.92
208 $132,425.92 $338.39 $0.00 $748.76 $133,513.07
209 $133,513.07 $338.39 $0.00 $754.90 $134,606.36
210 $134,606.36 $338.39 $0.00 $761.08 $135,705.83
211 $135,705.83 $338.39 $0.00 $767.30 $136,811.52
212 $136,811.52 $338.39 $0.00 $773.55 $137,923.46
213 $137,923.46 $338.39 $0.00 $779.84 $139,041.69
214 $139,041.69 $338.39 $0.00 $786.16 $140,166.24
215 $140,166.24 $338.39 $0.00 $792.52 $141,297.15
216 $141,297.15 $338.39 $0.00 $798.91 $142,434.45
217 $142,434.45 $338.39 $39,673.12 $805.35 $103,905.07
218 $103,905.07 $338.39 $0.00 $587.49 $104,830.95
219 $104,830.95 $338.39 $0.00 $592.73 $105,762.07
220 $105,762.07 $338.39 $0.00 $597.99 $106,698.45
221 $106,698.45 $338.39 $0.00 $603.29 $107,640.13
222 $107,640.13 $338.39 $0.00 $608.61 $108,587.13
223 $108,587.13 $338.39 $0.00 $613.97 $109,539.49
224 $109,539.49 $338.39 $0.00 $619.35 $110,497.23
225 $110,497.23 $338.39 $0.00 $624.77 $111,460.39
226 $111,460.39 $338.39 $0.00 $630.21 $112,428.99
227 $112,428.99 $338.39 $0.00 $635.69 $113,403.07
228 $113,403.07 $338.39 $0.00 $641.20 $114,382.66
229 $114,382.66 $338.39 $41,656.77 $646.74 $73,711.02
230 $73,711.02 $338.39 $0.00 $416.77 $74,466.18
231 $74,466.18 $338.39 $0.00 $421.04 $75,225.61
232 $75,225.61 $338.39 $0.00 $425.34 $75,989.34
233 $75,989.34 $338.39 $0.00 $429.65 $76,757.38
234 $76,757.38 $338.39 $0.00 $434.00 $77,529.77
235 $77,529.77 $338.39 $0.00 $438.36 $78,306.52
236 $78,306.52 $338.39 $0.00 $442.76 $79,087.67
237 $79,087.67 $338.39 $0.00 $447.17 $79,873.23
238 $79,873.23 $338.39 $0.00 $451.61 $80,663.23
239 $80,663.23 $338.39 $0.00 $456.08 $81,457.70
240 $81,457.70 $338.39 $0.00 $460.57 $82,256.66
241 $82,256.66 $338.39 $43,739.61 $465.09 $39,320.53
242 $39,320.53 $338.39 $0.00 $222.32 $39,881.24
243 $39,881.24 $338.39 $0.00 $225.49 $40,445.12
244 $40,445.12 $338.39 $0.00 $228.68 $41,012.19
245 $41,012.19 $338.39 $0.00 $231.89 $41,582.47
246 $41,582.47 $338.39 $0.00 $235.11 $42,155.97
247 $42,155.97 $338.39 $0.00 $238.36 $42,732.72
248 $42,732.72 $338.39 $0.00 $241.62 $43,312.73
249 $43,312.73 $338.39 $0.00 $244.90 $43,896.02
250 $43,896.02 $338.39 $0.00 $248.19 $44,482.60
251 $44,482.60 $338.39 $0.00 $251.51 $45,072.50
252 $45,072.50 $338.39 $0.00 $254.85 $45,665.74
253 $45,665.74 $0.00 $45,926.59 $258.20 ($2.65)