Savings Plan and Future Cost Estimation for Acadiana Technical College Lafayette Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$32,414
Monthly savings required$144

How much will it cost to send your child to Acadiana Technical College Lafayette Campus in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $64,827.10 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $144.06 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$13,140.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $144.06 $0.00 $0.00 $144.06
2 $144.06 $144.06 $0.00 $0.81 $288.93
3 $288.93 $144.06 $0.00 $1.63 $434.62
4 $434.62 $144.06 $0.00 $2.46 $581.14
5 $581.14 $144.06 $0.00 $3.29 $728.49
6 $728.49 $144.06 $0.00 $4.12 $876.67
7 $876.67 $144.06 $0.00 $4.96 $1,025.69
8 $1,025.69 $144.06 $0.00 $5.80 $1,175.55
9 $1,175.55 $144.06 $0.00 $6.65 $1,326.26
10 $1,326.26 $144.06 $0.00 $7.50 $1,477.82
11 $1,477.82 $144.06 $0.00 $8.36 $1,630.24
12 $1,630.24 $144.06 $0.00 $9.22 $1,783.52
13 $1,783.52 $144.06 $0.00 $10.08 $1,937.66
14 $1,937.66 $144.06 $0.00 $10.96 $2,092.68
15 $2,092.68 $144.06 $0.00 $11.83 $2,248.57
16 $2,248.57 $144.06 $0.00 $12.71 $2,405.34
17 $2,405.34 $144.06 $0.00 $13.60 $2,563.00
18 $2,563.00 $144.06 $0.00 $14.49 $2,721.55
19 $2,721.55 $144.06 $0.00 $15.39 $2,881.00
20 $2,881.00 $144.06 $0.00 $16.29 $3,041.35
21 $3,041.35 $144.06 $0.00 $17.20 $3,202.61
22 $3,202.61 $144.06 $0.00 $18.11 $3,364.78
23 $3,364.78 $144.06 $0.00 $19.02 $3,527.86
24 $3,527.86 $144.06 $0.00 $19.95 $3,691.87
25 $3,691.87 $144.06 $0.00 $20.87 $3,856.80
26 $3,856.80 $144.06 $0.00 $21.81 $4,022.67
27 $4,022.67 $144.06 $0.00 $22.74 $4,189.47
28 $4,189.47 $144.06 $0.00 $23.69 $4,357.22
29 $4,357.22 $144.06 $0.00 $24.64 $4,525.92
30 $4,525.92 $144.06 $0.00 $25.59 $4,695.57
31 $4,695.57 $144.06 $0.00 $26.55 $4,866.18
32 $4,866.18 $144.06 $0.00 $27.51 $5,037.75
33 $5,037.75 $144.06 $0.00 $28.48 $5,210.29
34 $5,210.29 $144.06 $0.00 $29.46 $5,383.81
35 $5,383.81 $144.06 $0.00 $30.44 $5,558.31
36 $5,558.31 $144.06 $0.00 $31.43 $5,733.80
37 $5,733.80 $144.06 $0.00 $32.42 $5,910.28
38 $5,910.28 $144.06 $0.00 $33.42 $6,087.76
39 $6,087.76 $144.06 $0.00 $34.42 $6,266.24
40 $6,266.24 $144.06 $0.00 $35.43 $6,445.73
41 $6,445.73 $144.06 $0.00 $36.45 $6,626.24
42 $6,626.24 $144.06 $0.00 $37.47 $6,807.77
43 $6,807.77 $144.06 $0.00 $38.49 $6,990.32
44 $6,990.32 $144.06 $0.00 $39.52 $7,173.90
45 $7,173.90 $144.06 $0.00 $40.56 $7,358.52
46 $7,358.52 $144.06 $0.00 $41.61 $7,544.19
47 $7,544.19 $144.06 $0.00 $42.66 $7,730.91
48 $7,730.91 $144.06 $0.00 $43.71 $7,918.68
49 $7,918.68 $144.06 $0.00 $44.77 $8,107.51
50 $8,107.51 $144.06 $0.00 $45.84 $8,297.41
51 $8,297.41 $144.06 $0.00 $46.91 $8,488.38
52 $8,488.38 $144.06 $0.00 $47.99 $8,680.43
53 $8,680.43 $144.06 $0.00 $49.08 $8,873.57
54 $8,873.57 $144.06 $0.00 $50.17 $9,067.80
55 $9,067.80 $144.06 $0.00 $51.27 $9,263.13
56 $9,263.13 $144.06 $0.00 $52.38 $9,459.57
57 $9,459.57 $144.06 $0.00 $53.49 $9,657.12
58 $9,657.12 $144.06 $0.00 $54.60 $9,855.78
59 $9,855.78 $144.06 $0.00 $55.73 $10,055.57
60 $10,055.57 $144.06 $0.00 $56.86 $10,256.49
61 $10,256.49 $144.06 $0.00 $57.99 $10,458.54
62 $10,458.54 $144.06 $0.00 $59.13 $10,661.73
63 $10,661.73 $144.06 $0.00 $60.28 $10,866.07
64 $10,866.07 $144.06 $0.00 $61.44 $11,071.57
65 $11,071.57 $144.06 $0.00 $62.60 $11,278.23
66 $11,278.23 $144.06 $0.00 $63.77 $11,486.06
67 $11,486.06 $144.06 $0.00 $64.94 $11,695.06
68 $11,695.06 $144.06 $0.00 $66.13 $11,905.25
69 $11,905.25 $144.06 $0.00 $67.31 $12,116.62
70 $12,116.62 $144.06 $0.00 $68.51 $12,329.19
71 $12,329.19 $144.06 $0.00 $69.71 $12,542.96
72 $12,542.96 $144.06 $0.00 $70.92 $12,757.94
73 $12,757.94 $144.06 $0.00 $72.14 $12,974.14
74 $12,974.14 $144.06 $0.00 $73.36 $13,191.56
75 $13,191.56 $144.06 $0.00 $74.59 $13,410.21
76 $13,410.21 $144.06 $0.00 $75.82 $13,630.09
77 $13,630.09 $144.06 $0.00 $77.07 $13,851.22
78 $13,851.22 $144.06 $0.00 $78.32 $14,073.60
79 $14,073.60 $144.06 $0.00 $79.57 $14,297.23
80 $14,297.23 $144.06 $0.00 $80.84 $14,522.13
81 $14,522.13 $144.06 $0.00 $82.11 $14,748.30
82 $14,748.30 $144.06 $0.00 $83.39 $14,975.75
83 $14,975.75 $144.06 $0.00 $84.68 $15,204.49
84 $15,204.49 $144.06 $0.00 $85.97 $15,434.52
85 $15,434.52 $144.06 $0.00 $87.27 $15,665.85
86 $15,665.85 $144.06 $0.00 $88.58 $15,898.49
87 $15,898.49 $144.06 $0.00 $89.89 $16,132.44
88 $16,132.44 $144.06 $0.00 $91.22 $16,367.72
89 $16,367.72 $144.06 $0.00 $92.55 $16,604.33
90 $16,604.33 $144.06 $0.00 $93.88 $16,842.27
91 $16,842.27 $144.06 $0.00 $95.23 $17,081.56
92 $17,081.56 $144.06 $0.00 $96.58 $17,322.20
93 $17,322.20 $144.06 $0.00 $97.94 $17,564.20
94 $17,564.20 $144.06 $0.00 $99.31 $17,807.57
95 $17,807.57 $144.06 $0.00 $100.69 $18,052.32
96 $18,052.32 $144.06 $0.00 $102.07 $18,298.45
97 $18,298.45 $144.06 $0.00 $103.46 $18,545.97
98 $18,545.97 $144.06 $0.00 $104.86 $18,794.89
99 $18,794.89 $144.06 $0.00 $106.27 $19,045.22
100 $19,045.22 $144.06 $0.00 $107.68 $19,296.96
101 $19,296.96 $144.06 $0.00 $109.11 $19,550.13
102 $19,550.13 $144.06 $0.00 $110.54 $19,804.73
103 $19,804.73 $144.06 $0.00 $111.98 $20,060.77
104 $20,060.77 $144.06 $0.00 $113.43 $20,318.26
105 $20,318.26 $144.06 $0.00 $114.88 $20,577.20
106 $20,577.20 $144.06 $0.00 $116.35 $20,837.61
107 $20,837.61 $144.06 $0.00 $117.82 $21,099.49
108 $21,099.49 $144.06 $0.00 $119.30 $21,362.85
109 $21,362.85 $144.06 $0.00 $120.79 $21,627.70
110 $21,627.70 $144.06 $0.00 $122.29 $21,894.05
111 $21,894.05 $144.06 $0.00 $123.79 $22,161.90
112 $22,161.90 $144.06 $0.00 $125.31 $22,431.27
113 $22,431.27 $144.06 $0.00 $126.83 $22,702.16
114 $22,702.16 $144.06 $0.00 $128.36 $22,974.58
115 $22,974.58 $144.06 $0.00 $129.90 $23,248.54
116 $23,248.54 $144.06 $0.00 $131.45 $23,524.05
117 $23,524.05 $144.06 $0.00 $133.01 $23,801.12
118 $23,801.12 $144.06 $0.00 $134.57 $24,079.75
119 $24,079.75 $144.06 $0.00 $136.15 $24,359.96
120 $24,359.96 $144.06 $0.00 $137.73 $24,641.75
121 $24,641.75 $144.06 $0.00 $139.33 $24,925.14
122 $24,925.14 $144.06 $0.00 $140.93 $25,210.13
123 $25,210.13 $144.06 $0.00 $142.54 $25,496.73
124 $25,496.73 $144.06 $0.00 $144.16 $25,784.95
125 $25,784.95 $144.06 $0.00 $145.79 $26,074.80
126 $26,074.80 $144.06 $0.00 $147.43 $26,366.29
127 $26,366.29 $144.06 $0.00 $149.08 $26,659.43
128 $26,659.43 $144.06 $0.00 $150.74 $26,954.23
129 $26,954.23 $144.06 $0.00 $152.40 $27,250.69
130 $27,250.69 $144.06 $0.00 $154.08 $27,548.83
131 $27,548.83 $144.06 $0.00 $155.77 $27,848.66
132 $27,848.66 $144.06 $0.00 $157.46 $28,150.18
133 $28,150.18 $144.06 $0.00 $159.17 $28,453.41
134 $28,453.41 $144.06 $0.00 $160.88 $28,758.35
135 $28,758.35 $144.06 $0.00 $162.60 $29,065.01
136 $29,065.01 $144.06 $0.00 $164.34 $29,373.41
137 $29,373.41 $144.06 $0.00 $166.08 $29,683.55
138 $29,683.55 $144.06 $0.00 $167.84 $29,995.45
139 $29,995.45 $144.06 $0.00 $169.60 $30,309.11
140 $30,309.11 $144.06 $0.00 $171.37 $30,624.54
141 $30,624.54 $144.06 $0.00 $173.16 $30,941.76
142 $30,941.76 $144.06 $0.00 $174.95 $31,260.77
143 $31,260.77 $144.06 $0.00 $176.75 $31,581.58
144 $31,581.58 $144.06 $0.00 $178.57 $31,904.21
145 $31,904.21 $144.06 $0.00 $180.39 $32,228.66
146 $32,228.66 $144.06 $0.00 $182.23 $32,554.95
147 $32,554.95 $144.06 $0.00 $184.07 $32,883.08
148 $32,883.08 $144.06 $0.00 $185.93 $33,213.07
149 $33,213.07 $144.06 $0.00 $187.79 $33,544.92
150 $33,544.92 $144.06 $0.00 $189.67 $33,878.65
151 $33,878.65 $144.06 $0.00 $191.55 $34,214.26
152 $34,214.26 $144.06 $0.00 $193.45 $34,551.77
153 $34,551.77 $144.06 $0.00 $195.36 $34,891.19
154 $34,891.19 $144.06 $0.00 $197.28 $35,232.53
155 $35,232.53 $144.06 $0.00 $199.21 $35,575.80
156 $35,575.80 $144.06 $0.00 $201.15 $35,921.01
157 $35,921.01 $144.06 $0.00 $203.10 $36,268.17
158 $36,268.17 $144.06 $0.00 $205.07 $36,617.30
159 $36,617.30 $144.06 $0.00 $207.04 $36,968.40
160 $36,968.40 $144.06 $0.00 $209.02 $37,321.48
161 $37,321.48 $144.06 $0.00 $211.02 $37,676.56
162 $37,676.56 $144.06 $0.00 $213.03 $38,033.65
163 $38,033.65 $144.06 $0.00 $215.05 $38,392.76
164 $38,392.76 $144.06 $0.00 $217.08 $38,753.90
165 $38,753.90 $144.06 $0.00 $219.12 $39,117.08
166 $39,117.08 $144.06 $0.00 $221.17 $39,482.31
167 $39,482.31 $144.06 $0.00 $223.24 $39,849.61
168 $39,849.61 $144.06 $0.00 $225.32 $40,218.99
169 $40,218.99 $144.06 $0.00 $227.40 $40,590.45
170 $40,590.45 $144.06 $0.00 $229.50 $40,964.01
171 $40,964.01 $144.06 $0.00 $231.62 $41,339.69
172 $41,339.69 $144.06 $0.00 $233.74 $41,717.49
173 $41,717.49 $144.06 $0.00 $235.88 $42,097.43
174 $42,097.43 $144.06 $0.00 $238.02 $42,479.51
175 $42,479.51 $144.06 $0.00 $240.19 $42,863.76
176 $42,863.76 $144.06 $0.00 $242.36 $43,250.18
177 $43,250.18 $144.06 $0.00 $244.54 $43,638.78
178 $43,638.78 $144.06 $0.00 $246.74 $44,029.58
179 $44,029.58 $144.06 $0.00 $248.95 $44,422.59
180 $44,422.59 $144.06 $0.00 $251.17 $44,817.82
181 $44,817.82 $144.06 $0.00 $253.41 $45,215.29
182 $45,215.29 $144.06 $0.00 $255.65 $45,615.00
183 $45,615.00 $144.06 $0.00 $257.91 $46,016.97
184 $46,016.97 $144.06 $0.00 $260.19 $46,421.22
185 $46,421.22 $144.06 $0.00 $262.47 $46,827.75
186 $46,827.75 $144.06 $0.00 $264.77 $47,236.58
187 $47,236.58 $144.06 $0.00 $267.08 $47,647.72
188 $47,647.72 $144.06 $0.00 $269.41 $48,061.19
189 $48,061.19 $144.06 $0.00 $271.74 $48,476.99
190 $48,476.99 $144.06 $0.00 $274.10 $48,895.15
191 $48,895.15 $144.06 $0.00 $276.46 $49,315.67
192 $49,315.67 $144.06 $0.00 $278.84 $49,738.57
193 $49,738.57 $144.06 $0.00 $281.23 $50,163.86
194 $50,163.86 $144.06 $0.00 $283.63 $50,591.55
195 $50,591.55 $144.06 $0.00 $286.05 $51,021.66
196 $51,021.66 $144.06 $0.00 $288.48 $51,454.20
197 $51,454.20 $144.06 $0.00 $290.93 $51,889.19
198 $51,889.19 $144.06 $0.00 $293.39 $52,326.64
199 $52,326.64 $144.06 $0.00 $295.86 $52,766.56
200 $52,766.56 $144.06 $0.00 $298.35 $53,208.97
201 $53,208.97 $144.06 $0.00 $300.85 $53,653.88
202 $53,653.88 $144.06 $0.00 $303.37 $54,101.31
203 $54,101.31 $144.06 $0.00 $305.90 $54,551.27
204 $54,551.27 $144.06 $0.00 $308.44 $55,003.77
205 $55,003.77 $144.06 $0.00 $311.00 $55,458.83
206 $55,458.83 $144.06 $0.00 $313.57 $55,916.46
207 $55,916.46 $144.06 $0.00 $316.16 $56,376.68
208 $56,376.68 $144.06 $0.00 $318.76 $56,839.50
209 $56,839.50 $144.06 $0.00 $321.38 $57,304.94
210 $57,304.94 $144.06 $0.00 $324.01 $57,773.01
211 $57,773.01 $144.06 $0.00 $326.66 $58,243.73
212 $58,243.73 $144.06 $0.00 $329.32 $58,717.11
213 $58,717.11 $144.06 $0.00 $332.00 $59,193.17
214 $59,193.17 $144.06 $0.00 $334.69 $59,671.92
215 $59,671.92 $144.06 $0.00 $337.39 $60,153.37
216 $60,153.37 $144.06 $0.00 $340.12 $60,637.55
217 $60,637.55 $144.06 $31,622.98 $342.85 $29,501.48
218 $29,501.48 $144.06 $0.00 $166.81 $29,812.35
219 $29,812.35 $144.06 $0.00 $168.56 $30,124.97
220 $30,124.97 $144.06 $0.00 $170.33 $30,439.36
221 $30,439.36 $144.06 $0.00 $172.11 $30,755.53
222 $30,755.53 $144.06 $0.00 $173.90 $31,073.49
223 $31,073.49 $144.06 $0.00 $175.69 $31,393.24
224 $31,393.24 $144.06 $0.00 $177.50 $31,714.80
225 $31,714.80 $144.06 $0.00 $179.32 $32,038.18
226 $32,038.18 $144.06 $0.00 $181.15 $32,363.39
227 $32,363.39 $144.06 $0.00 $182.99 $32,690.44
228 $32,690.44 $144.06 $0.00 $184.84 $33,019.34
229 $33,019.34 $0.00 $33,204.13 $186.70 $1.91