Savings Plan and Future Cost Estimation for Central Louisiana Technical College Alexandria Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$45,167
Monthly savings required$201

How much will it cost to send your child to Central Louisiana Technical College Alexandria Campus in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $90,333.66 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $200.74 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$18,310.00
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 $200.74 $0.00 $0.00 $200.74
2 $200.74 $200.74 $0.00 $1.14 $402.62
3 $402.62 $200.74 $0.00 $2.28 $605.64
4 $605.64 $200.74 $0.00 $3.42 $809.80
5 $809.80 $200.74 $0.00 $4.58 $1,015.12
6 $1,015.12 $200.74 $0.00 $5.74 $1,221.60
7 $1,221.60 $200.74 $0.00 $6.91 $1,429.25
8 $1,429.25 $200.74 $0.00 $8.08 $1,638.07
9 $1,638.07 $200.74 $0.00 $9.26 $1,848.07
10 $1,848.07 $200.74 $0.00 $10.45 $2,059.26
11 $2,059.26 $200.74 $0.00 $11.64 $2,271.64
12 $2,271.64 $200.74 $0.00 $12.84 $2,485.22
13 $2,485.22 $200.74 $0.00 $14.05 $2,700.01
14 $2,700.01 $200.74 $0.00 $15.27 $2,916.02
15 $2,916.02 $200.74 $0.00 $16.49 $3,133.25
16 $3,133.25 $200.74 $0.00 $17.72 $3,351.71
17 $3,351.71 $200.74 $0.00 $18.95 $3,571.40
18 $3,571.40 $200.74 $0.00 $20.19 $3,792.33
19 $3,792.33 $200.74 $0.00 $21.44 $4,014.51
20 $4,014.51 $200.74 $0.00 $22.70 $4,237.95
21 $4,237.95 $200.74 $0.00 $23.96 $4,462.65
22 $4,462.65 $200.74 $0.00 $25.23 $4,688.62
23 $4,688.62 $200.74 $0.00 $26.51 $4,915.87
24 $4,915.87 $200.74 $0.00 $27.80 $5,144.41
25 $5,144.41 $200.74 $0.00 $29.09 $5,374.24
26 $5,374.24 $200.74 $0.00 $30.39 $5,605.37
27 $5,605.37 $200.74 $0.00 $31.69 $5,837.80
28 $5,837.80 $200.74 $0.00 $33.01 $6,071.55
29 $6,071.55 $200.74 $0.00 $34.33 $6,306.62
30 $6,306.62 $200.74 $0.00 $35.66 $6,543.02
31 $6,543.02 $200.74 $0.00 $37.00 $6,780.76
32 $6,780.76 $200.74 $0.00 $38.34 $7,019.84
33 $7,019.84 $200.74 $0.00 $39.69 $7,260.27
34 $7,260.27 $200.74 $0.00 $41.05 $7,502.06
35 $7,502.06 $200.74 $0.00 $42.42 $7,745.22
36 $7,745.22 $200.74 $0.00 $43.79 $7,989.75
37 $7,989.75 $200.74 $0.00 $45.18 $8,235.67
38 $8,235.67 $200.74 $0.00 $46.57 $8,482.98
39 $8,482.98 $200.74 $0.00 $47.96 $8,731.68
40 $8,731.68 $200.74 $0.00 $49.37 $8,981.79
41 $8,981.79 $200.74 $0.00 $50.78 $9,233.31
42 $9,233.31 $200.74 $0.00 $52.21 $9,486.26
43 $9,486.26 $200.74 $0.00 $53.64 $9,740.64
44 $9,740.64 $200.74 $0.00 $55.07 $9,996.45
45 $9,996.45 $200.74 $0.00 $56.52 $10,253.71
46 $10,253.71 $200.74 $0.00 $57.98 $10,512.43
47 $10,512.43 $200.74 $0.00 $59.44 $10,772.61
48 $10,772.61 $200.74 $0.00 $60.91 $11,034.26
49 $11,034.26 $200.74 $0.00 $62.39 $11,297.39
50 $11,297.39 $200.74 $0.00 $63.88 $11,562.01
51 $11,562.01 $200.74 $0.00 $65.37 $11,828.12
52 $11,828.12 $200.74 $0.00 $66.88 $12,095.74
53 $12,095.74 $200.74 $0.00 $68.39 $12,364.87
54 $12,364.87 $200.74 $0.00 $69.91 $12,635.52
55 $12,635.52 $200.74 $0.00 $71.44 $12,907.70
56 $12,907.70 $200.74 $0.00 $72.98 $13,181.42
57 $13,181.42 $200.74 $0.00 $74.53 $13,456.69
58 $13,456.69 $200.74 $0.00 $76.09 $13,733.52
59 $13,733.52 $200.74 $0.00 $77.65 $14,011.91
60 $14,011.91 $200.74 $0.00 $79.23 $14,291.88
61 $14,291.88 $200.74 $0.00 $80.81 $14,573.43
62 $14,573.43 $200.74 $0.00 $82.40 $14,856.57
63 $14,856.57 $200.74 $0.00 $84.00 $15,141.31
64 $15,141.31 $200.74 $0.00 $85.61 $15,427.66
65 $15,427.66 $200.74 $0.00 $87.23 $15,715.63
66 $15,715.63 $200.74 $0.00 $88.86 $16,005.23
67 $16,005.23 $200.74 $0.00 $90.50 $16,296.47
68 $16,296.47 $200.74 $0.00 $92.14 $16,589.35
69 $16,589.35 $200.74 $0.00 $93.80 $16,883.89
70 $16,883.89 $200.74 $0.00 $95.46 $17,180.09
71 $17,180.09 $200.74 $0.00 $97.14 $17,477.97
72 $17,477.97 $200.74 $0.00 $98.82 $17,777.53
73 $17,777.53 $200.74 $0.00 $100.52 $18,078.79
74 $18,078.79 $200.74 $0.00 $102.22 $18,381.75
75 $18,381.75 $200.74 $0.00 $103.93 $18,686.42
76 $18,686.42 $200.74 $0.00 $105.66 $18,992.82
77 $18,992.82 $200.74 $0.00 $107.39 $19,300.95
78 $19,300.95 $200.74 $0.00 $109.13 $19,610.82
79 $19,610.82 $200.74 $0.00 $110.88 $19,922.44
80 $19,922.44 $200.74 $0.00 $112.64 $20,235.82
81 $20,235.82 $200.74 $0.00 $114.42 $20,550.98
82 $20,550.98 $200.74 $0.00 $116.20 $20,867.92
83 $20,867.92 $200.74 $0.00 $117.99 $21,186.65
84 $21,186.65 $200.74 $0.00 $119.79 $21,507.18
85 $21,507.18 $200.74 $0.00 $121.60 $21,829.52
86 $21,829.52 $200.74 $0.00 $123.43 $22,153.69
87 $22,153.69 $200.74 $0.00 $125.26 $22,479.69
88 $22,479.69 $200.74 $0.00 $127.10 $22,807.53
89 $22,807.53 $200.74 $0.00 $128.96 $23,137.23
90 $23,137.23 $200.74 $0.00 $130.82 $23,468.79
91 $23,468.79 $200.74 $0.00 $132.70 $23,802.23
92 $23,802.23 $200.74 $0.00 $134.58 $24,137.55
93 $24,137.55 $200.74 $0.00 $136.48 $24,474.77
94 $24,474.77 $200.74 $0.00 $138.38 $24,813.89
95 $24,813.89 $200.74 $0.00 $140.30 $25,154.93
96 $25,154.93 $200.74 $0.00 $142.23 $25,497.90
97 $25,497.90 $200.74 $0.00 $144.17 $25,842.81
98 $25,842.81 $200.74 $0.00 $146.12 $26,189.67
99 $26,189.67 $200.74 $0.00 $148.08 $26,538.49
100 $26,538.49 $200.74 $0.00 $150.05 $26,889.28
101 $26,889.28 $200.74 $0.00 $152.04 $27,242.06
102 $27,242.06 $200.74 $0.00 $154.03 $27,596.83
103 $27,596.83 $200.74 $0.00 $156.04 $27,953.61
104 $27,953.61 $200.74 $0.00 $158.05 $28,312.40
105 $28,312.40 $200.74 $0.00 $160.08 $28,673.22
106 $28,673.22 $200.74 $0.00 $162.12 $29,036.08
107 $29,036.08 $200.74 $0.00 $164.17 $29,400.99
108 $29,400.99 $200.74 $0.00 $166.24 $29,767.97
109 $29,767.97 $200.74 $0.00 $168.31 $30,137.02
110 $30,137.02 $200.74 $0.00 $170.40 $30,508.16
111 $30,508.16 $200.74 $0.00 $172.50 $30,881.40
112 $30,881.40 $200.74 $0.00 $174.61 $31,256.75
113 $31,256.75 $200.74 $0.00 $176.73 $31,634.22
114 $31,634.22 $200.74 $0.00 $178.86 $32,013.82
115 $32,013.82 $200.74 $0.00 $181.01 $32,395.57
116 $32,395.57 $200.74 $0.00 $183.17 $32,779.48
117 $32,779.48 $200.74 $0.00 $185.34 $33,165.56
118 $33,165.56 $200.74 $0.00 $187.52 $33,553.82
119 $33,553.82 $200.74 $0.00 $189.72 $33,944.28
120 $33,944.28 $200.74 $0.00 $191.93 $34,336.95
121 $34,336.95 $200.74 $0.00 $194.15 $34,731.84
122 $34,731.84 $200.74 $0.00 $196.38 $35,128.96
123 $35,128.96 $200.74 $0.00 $198.62 $35,528.32
124 $35,528.32 $200.74 $0.00 $200.88 $35,929.94
125 $35,929.94 $200.74 $0.00 $203.15 $36,333.83
126 $36,333.83 $200.74 $0.00 $205.44 $36,740.01
127 $36,740.01 $200.74 $0.00 $207.73 $37,148.48
128 $37,148.48 $200.74 $0.00 $210.04 $37,559.26
129 $37,559.26 $200.74 $0.00 $212.37 $37,972.37
130 $37,972.37 $200.74 $0.00 $214.70 $38,387.81
131 $38,387.81 $200.74 $0.00 $217.05 $38,805.60
132 $38,805.60 $200.74 $0.00 $219.41 $39,225.75
133 $39,225.75 $200.74 $0.00 $221.79 $39,648.28
134 $39,648.28 $200.74 $0.00 $224.18 $40,073.20
135 $40,073.20 $200.74 $0.00 $226.58 $40,500.52
136 $40,500.52 $200.74 $0.00 $229.00 $40,930.26
137 $40,930.26 $200.74 $0.00 $231.43 $41,362.43
138 $41,362.43 $200.74 $0.00 $233.87 $41,797.04
139 $41,797.04 $200.74 $0.00 $236.33 $42,234.11
140 $42,234.11 $200.74 $0.00 $238.80 $42,673.65
141 $42,673.65 $200.74 $0.00 $241.28 $43,115.67
142 $43,115.67 $200.74 $0.00 $243.78 $43,560.19
143 $43,560.19 $200.74 $0.00 $246.30 $44,007.23
144 $44,007.23 $200.74 $0.00 $248.82 $44,456.79
145 $44,456.79 $200.74 $0.00 $251.37 $44,908.90
146 $44,908.90 $200.74 $0.00 $253.92 $45,363.56
147 $45,363.56 $200.74 $0.00 $256.49 $45,820.79
148 $45,820.79 $200.74 $0.00 $259.08 $46,280.61
149 $46,280.61 $200.74 $0.00 $261.68 $46,743.03
150 $46,743.03 $200.74 $0.00 $264.29 $47,208.06
151 $47,208.06 $200.74 $0.00 $266.92 $47,675.72
152 $47,675.72 $200.74 $0.00 $269.57 $48,146.03
153 $48,146.03 $200.74 $0.00 $272.22 $48,618.99
154 $48,618.99 $200.74 $0.00 $274.90 $49,094.63
155 $49,094.63 $200.74 $0.00 $277.59 $49,572.96
156 $49,572.96 $200.74 $0.00 $280.29 $50,053.99
157 $50,053.99 $200.74 $0.00 $283.01 $50,537.74
158 $50,537.74 $200.74 $0.00 $285.75 $51,024.23
159 $51,024.23 $200.74 $0.00 $288.50 $51,513.47
160 $51,513.47 $200.74 $0.00 $291.26 $52,005.47
161 $52,005.47 $200.74 $0.00 $294.05 $52,500.26
162 $52,500.26 $200.74 $0.00 $296.84 $52,997.84
163 $52,997.84 $200.74 $0.00 $299.66 $53,498.24
164 $53,498.24 $200.74 $0.00 $302.49 $54,001.47
165 $54,001.47 $200.74 $0.00 $305.33 $54,507.54
166 $54,507.54 $200.74 $0.00 $308.19 $55,016.47
167 $55,016.47 $200.74 $0.00 $311.07 $55,528.28
168 $55,528.28 $200.74 $0.00 $313.96 $56,042.98
169 $56,042.98 $200.74 $0.00 $316.88 $56,560.60
170 $56,560.60 $200.74 $0.00 $319.80 $57,081.14
171 $57,081.14 $200.74 $0.00 $322.75 $57,604.63
172 $57,604.63 $200.74 $0.00 $325.70 $58,131.07
173 $58,131.07 $200.74 $0.00 $328.68 $58,660.49
174 $58,660.49 $200.74 $0.00 $331.67 $59,192.90
175 $59,192.90 $200.74 $0.00 $334.69 $59,728.33
176 $59,728.33 $200.74 $0.00 $337.71 $60,266.78
177 $60,266.78 $200.74 $0.00 $340.76 $60,808.28
178 $60,808.28 $200.74 $0.00 $343.82 $61,352.84
179 $61,352.84 $200.74 $0.00 $346.90 $61,900.48
180 $61,900.48 $200.74 $0.00 $349.99 $62,451.21
181 $62,451.21 $200.74 $0.00 $353.11 $63,005.06
182 $63,005.06 $200.74 $0.00 $356.24 $63,562.04
183 $63,562.04 $200.74 $0.00 $359.39 $64,122.17
184 $64,122.17 $200.74 $0.00 $362.56 $64,685.47
185 $64,685.47 $200.74 $0.00 $365.74 $65,251.95
186 $65,251.95 $200.74 $0.00 $368.94 $65,821.63
187 $65,821.63 $200.74 $0.00 $372.17 $66,394.54
188 $66,394.54 $200.74 $0.00 $375.40 $66,970.68
189 $66,970.68 $200.74 $0.00 $378.66 $67,550.08
190 $67,550.08 $200.74 $0.00 $381.94 $68,132.76
191 $68,132.76 $200.74 $0.00 $385.23 $68,718.73
192 $68,718.73 $200.74 $0.00 $388.55 $69,308.02
193 $69,308.02 $200.74 $0.00 $391.88 $69,900.64
194 $69,900.64 $200.74 $0.00 $395.23 $70,496.61
195 $70,496.61 $200.74 $0.00 $398.60 $71,095.95
196 $71,095.95 $200.74 $0.00 $401.99 $71,698.68
197 $71,698.68 $200.74 $0.00 $405.39 $72,304.81
198 $72,304.81 $200.74 $0.00 $408.82 $72,914.37
199 $72,914.37 $200.74 $0.00 $412.27 $73,527.38
200 $73,527.38 $200.74 $0.00 $415.73 $74,143.85
201 $74,143.85 $200.74 $0.00 $419.22 $74,763.81
202 $74,763.81 $200.74 $0.00 $422.73 $75,387.28
203 $75,387.28 $200.74 $0.00 $426.25 $76,014.27
204 $76,014.27 $200.74 $0.00 $429.80 $76,644.81
205 $76,644.81 $200.74 $0.00 $433.36 $77,278.91
206 $77,278.91 $200.74 $0.00 $436.95 $77,916.60
207 $77,916.60 $200.74 $0.00 $440.55 $78,557.89
208 $78,557.89 $200.74 $0.00 $444.18 $79,202.81
209 $79,202.81 $200.74 $0.00 $447.82 $79,851.37
210 $79,851.37 $200.74 $0.00 $451.49 $80,503.60
211 $80,503.60 $200.74 $0.00 $455.18 $81,159.52
212 $81,159.52 $200.74 $0.00 $458.89 $81,819.15
213 $81,819.15 $200.74 $0.00 $462.62 $82,482.51
214 $82,482.51 $200.74 $0.00 $466.37 $83,149.62
215 $83,149.62 $200.74 $0.00 $470.14 $83,820.50
216 $83,820.50 $200.74 $0.00 $473.93 $84,495.17
217 $84,495.17 $200.74 $44,065.20 $477.75 $41,108.46
218 $41,108.46 $200.74 $0.00 $232.43 $41,541.63
219 $41,541.63 $200.74 $0.00 $234.88 $41,977.25
220 $41,977.25 $200.74 $0.00 $237.35 $42,415.34
221 $42,415.34 $200.74 $0.00 $239.82 $42,855.90
222 $42,855.90 $200.74 $0.00 $242.31 $43,298.95
223 $43,298.95 $200.74 $0.00 $244.82 $43,744.51
224 $43,744.51 $200.74 $0.00 $247.34 $44,192.59
225 $44,192.59 $200.74 $0.00 $249.87 $44,643.20
226 $44,643.20 $200.74 $0.00 $252.42 $45,096.36
227 $45,096.36 $200.74 $0.00 $254.98 $45,552.08
228 $45,552.08 $200.74 $0.00 $257.56 $46,010.38
229 $46,010.38 $0.00 $46,268.46 $260.15 $2.07