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 2041$45,169
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 $90,338.59 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $200.75 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$18,311.00
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 $200.75 $0.00 $0.00 $200.75
2 $200.75 $200.75 $0.00 $1.14 $402.64
3 $402.64 $200.75 $0.00 $2.28 $605.67
4 $605.67 $200.75 $0.00 $3.42 $809.84
5 $809.84 $200.75 $0.00 $4.58 $1,015.17
6 $1,015.17 $200.75 $0.00 $5.74 $1,221.66
7 $1,221.66 $200.75 $0.00 $6.91 $1,429.32
8 $1,429.32 $200.75 $0.00 $8.08 $1,638.15
9 $1,638.15 $200.75 $0.00 $9.26 $1,848.16
10 $1,848.16 $200.75 $0.00 $10.45 $2,059.36
11 $2,059.36 $200.75 $0.00 $11.64 $2,271.75
12 $2,271.75 $200.75 $0.00 $12.84 $2,485.34
13 $2,485.34 $200.75 $0.00 $14.05 $2,700.14
14 $2,700.14 $200.75 $0.00 $15.27 $2,916.16
15 $2,916.16 $200.75 $0.00 $16.49 $3,133.40
16 $3,133.40 $200.75 $0.00 $17.72 $3,351.87
17 $3,351.87 $200.75 $0.00 $18.95 $3,571.57
18 $3,571.57 $200.75 $0.00 $20.19 $3,792.51
19 $3,792.51 $200.75 $0.00 $21.44 $4,014.70
20 $4,014.70 $200.75 $0.00 $22.70 $4,238.15
21 $4,238.15 $200.75 $0.00 $23.96 $4,462.86
22 $4,462.86 $200.75 $0.00 $25.23 $4,688.84
23 $4,688.84 $200.75 $0.00 $26.51 $4,916.10
24 $4,916.10 $200.75 $0.00 $27.80 $5,144.65
25 $5,144.65 $200.75 $0.00 $29.09 $5,374.49
26 $5,374.49 $200.75 $0.00 $30.39 $5,605.63
27 $5,605.63 $200.75 $0.00 $31.70 $5,838.08
28 $5,838.08 $200.75 $0.00 $33.01 $6,071.84
29 $6,071.84 $200.75 $0.00 $34.33 $6,306.92
30 $6,306.92 $200.75 $0.00 $35.66 $6,543.33
31 $6,543.33 $200.75 $0.00 $37.00 $6,781.08
32 $6,781.08 $200.75 $0.00 $38.34 $7,020.17
33 $7,020.17 $200.75 $0.00 $39.69 $7,260.61
34 $7,260.61 $200.75 $0.00 $41.05 $7,502.41
35 $7,502.41 $200.75 $0.00 $42.42 $7,745.58
36 $7,745.58 $200.75 $0.00 $43.79 $7,990.12
37 $7,990.12 $200.75 $0.00 $45.18 $8,236.05
38 $8,236.05 $200.75 $0.00 $46.57 $8,483.37
39 $8,483.37 $200.75 $0.00 $47.97 $8,732.09
40 $8,732.09 $200.75 $0.00 $49.37 $8,982.21
41 $8,982.21 $200.75 $0.00 $50.79 $9,233.75
42 $9,233.75 $200.75 $0.00 $52.21 $9,486.71
43 $9,486.71 $200.75 $0.00 $53.64 $9,741.10
44 $9,741.10 $200.75 $0.00 $55.08 $9,996.93
45 $9,996.93 $200.75 $0.00 $56.52 $10,254.20
46 $10,254.20 $200.75 $0.00 $57.98 $10,512.93
47 $10,512.93 $200.75 $0.00 $59.44 $10,773.12
48 $10,773.12 $200.75 $0.00 $60.91 $11,034.78
49 $11,034.78 $200.75 $0.00 $62.39 $11,297.92
50 $11,297.92 $200.75 $0.00 $63.88 $11,562.55
51 $11,562.55 $200.75 $0.00 $65.38 $11,828.68
52 $11,828.68 $200.75 $0.00 $66.88 $12,096.31
53 $12,096.31 $200.75 $0.00 $68.39 $12,365.45
54 $12,365.45 $200.75 $0.00 $69.92 $12,636.12
55 $12,636.12 $200.75 $0.00 $71.45 $12,908.32
56 $12,908.32 $200.75 $0.00 $72.99 $13,182.06
57 $13,182.06 $200.75 $0.00 $74.53 $13,457.34
58 $13,457.34 $200.75 $0.00 $76.09 $13,734.18
59 $13,734.18 $200.75 $0.00 $77.66 $14,012.59
60 $14,012.59 $200.75 $0.00 $79.23 $14,292.57
61 $14,292.57 $200.75 $0.00 $80.81 $14,574.13
62 $14,574.13 $200.75 $0.00 $82.40 $14,857.28
63 $14,857.28 $200.75 $0.00 $84.01 $15,142.04
64 $15,142.04 $200.75 $0.00 $85.62 $15,428.41
65 $15,428.41 $200.75 $0.00 $87.23 $15,716.39
66 $15,716.39 $200.75 $0.00 $88.86 $16,006.00
67 $16,006.00 $200.75 $0.00 $90.50 $16,297.25
68 $16,297.25 $200.75 $0.00 $92.15 $16,590.15
69 $16,590.15 $200.75 $0.00 $93.80 $16,884.70
70 $16,884.70 $200.75 $0.00 $95.47 $17,180.92
71 $17,180.92 $200.75 $0.00 $97.14 $17,478.81
72 $17,478.81 $200.75 $0.00 $98.83 $17,778.39
73 $17,778.39 $200.75 $0.00 $100.52 $18,079.66
74 $18,079.66 $200.75 $0.00 $102.23 $18,382.64
75 $18,382.64 $200.75 $0.00 $103.94 $18,687.33
76 $18,687.33 $200.75 $0.00 $105.66 $18,993.74
77 $18,993.74 $200.75 $0.00 $107.39 $19,301.88
78 $19,301.88 $200.75 $0.00 $109.14 $19,611.77
79 $19,611.77 $200.75 $0.00 $110.89 $19,923.41
80 $19,923.41 $200.75 $0.00 $112.65 $20,236.81
81 $20,236.81 $200.75 $0.00 $114.42 $20,551.98
82 $20,551.98 $200.75 $0.00 $116.20 $20,868.93
83 $20,868.93 $200.75 $0.00 $118.00 $21,187.68
84 $21,187.68 $200.75 $0.00 $119.80 $21,508.23
85 $21,508.23 $200.75 $0.00 $121.61 $21,830.59
86 $21,830.59 $200.75 $0.00 $123.43 $22,154.77
87 $22,154.77 $200.75 $0.00 $125.27 $22,480.79
88 $22,480.79 $200.75 $0.00 $127.11 $22,808.65
89 $22,808.65 $200.75 $0.00 $128.96 $23,138.36
90 $23,138.36 $200.75 $0.00 $130.83 $23,469.94
91 $23,469.94 $200.75 $0.00 $132.70 $23,803.39
92 $23,803.39 $200.75 $0.00 $134.59 $24,138.73
93 $24,138.73 $200.75 $0.00 $136.48 $24,475.96
94 $24,475.96 $200.75 $0.00 $138.39 $24,815.10
95 $24,815.10 $200.75 $0.00 $140.31 $25,156.16
96 $25,156.16 $200.75 $0.00 $142.24 $25,499.15
97 $25,499.15 $200.75 $0.00 $144.18 $25,844.08
98 $25,844.08 $200.75 $0.00 $146.13 $26,190.96
99 $26,190.96 $200.75 $0.00 $148.09 $26,539.80
100 $26,539.80 $200.75 $0.00 $150.06 $26,890.61
101 $26,890.61 $200.75 $0.00 $152.04 $27,243.40
102 $27,243.40 $200.75 $0.00 $154.04 $27,598.19
103 $27,598.19 $200.75 $0.00 $156.04 $27,954.98
104 $27,954.98 $200.75 $0.00 $158.06 $28,313.79
105 $28,313.79 $200.75 $0.00 $160.09 $28,674.63
106 $28,674.63 $200.75 $0.00 $162.13 $29,037.51
107 $29,037.51 $200.75 $0.00 $164.18 $29,402.44
108 $29,402.44 $200.75 $0.00 $166.25 $29,769.44
109 $29,769.44 $200.75 $0.00 $168.32 $30,138.51
110 $30,138.51 $200.75 $0.00 $170.41 $30,509.67
111 $30,509.67 $200.75 $0.00 $172.51 $30,882.93
112 $30,882.93 $200.75 $0.00 $174.62 $31,258.30
113 $31,258.30 $200.75 $0.00 $176.74 $31,635.79
114 $31,635.79 $200.75 $0.00 $178.87 $32,015.41
115 $32,015.41 $200.75 $0.00 $181.02 $32,397.18
116 $32,397.18 $200.75 $0.00 $183.18 $32,781.11
117 $32,781.11 $200.75 $0.00 $185.35 $33,167.21
118 $33,167.21 $200.75 $0.00 $187.53 $33,555.49
119 $33,555.49 $200.75 $0.00 $189.73 $33,945.97
120 $33,945.97 $200.75 $0.00 $191.94 $34,338.66
121 $34,338.66 $200.75 $0.00 $194.16 $34,733.57
122 $34,733.57 $200.75 $0.00 $196.39 $35,130.71
123 $35,130.71 $200.75 $0.00 $198.63 $35,530.09
124 $35,530.09 $200.75 $0.00 $200.89 $35,931.73
125 $35,931.73 $200.75 $0.00 $203.16 $36,335.64
126 $36,335.64 $200.75 $0.00 $205.45 $36,741.84
127 $36,741.84 $200.75 $0.00 $207.74 $37,150.33
128 $37,150.33 $200.75 $0.00 $210.05 $37,561.13
129 $37,561.13 $200.75 $0.00 $212.38 $37,974.26
130 $37,974.26 $200.75 $0.00 $214.71 $38,389.72
131 $38,389.72 $200.75 $0.00 $217.06 $38,807.53
132 $38,807.53 $200.75 $0.00 $219.42 $39,227.70
133 $39,227.70 $200.75 $0.00 $221.80 $39,650.25
134 $39,650.25 $200.75 $0.00 $224.19 $40,075.19
135 $40,075.19 $200.75 $0.00 $226.59 $40,502.53
136 $40,502.53 $200.75 $0.00 $229.01 $40,932.29
137 $40,932.29 $200.75 $0.00 $231.44 $41,364.48
138 $41,364.48 $200.75 $0.00 $233.88 $41,799.11
139 $41,799.11 $200.75 $0.00 $236.34 $42,236.20
140 $42,236.20 $200.75 $0.00 $238.81 $42,675.76
141 $42,675.76 $200.75 $0.00 $241.29 $43,117.80
142 $43,117.80 $200.75 $0.00 $243.79 $43,562.34
143 $43,562.34 $200.75 $0.00 $246.31 $44,009.40
144 $44,009.40 $200.75 $0.00 $248.84 $44,458.99
145 $44,458.99 $200.75 $0.00 $251.38 $44,911.12
146 $44,911.12 $200.75 $0.00 $253.93 $45,365.80
147 $45,365.80 $200.75 $0.00 $256.50 $45,823.05
148 $45,823.05 $200.75 $0.00 $259.09 $46,282.89
149 $46,282.89 $200.75 $0.00 $261.69 $46,745.33
150 $46,745.33 $200.75 $0.00 $264.30 $47,210.38
151 $47,210.38 $200.75 $0.00 $266.93 $47,678.06
152 $47,678.06 $200.75 $0.00 $269.58 $48,148.39
153 $48,148.39 $200.75 $0.00 $272.24 $48,621.38
154 $48,621.38 $200.75 $0.00 $274.91 $49,097.04
155 $49,097.04 $200.75 $0.00 $277.60 $49,575.39
156 $49,575.39 $200.75 $0.00 $280.31 $50,056.45
157 $50,056.45 $200.75 $0.00 $283.03 $50,540.23
158 $50,540.23 $200.75 $0.00 $285.76 $51,026.74
159 $51,026.74 $200.75 $0.00 $288.51 $51,516.00
160 $51,516.00 $200.75 $0.00 $291.28 $52,008.03
161 $52,008.03 $200.75 $0.00 $294.06 $52,502.84
162 $52,502.84 $200.75 $0.00 $296.86 $53,000.45
163 $53,000.45 $200.75 $0.00 $299.67 $53,500.87
164 $53,500.87 $200.75 $0.00 $302.50 $54,004.12
165 $54,004.12 $200.75 $0.00 $305.35 $54,510.22
166 $54,510.22 $200.75 $0.00 $308.21 $55,019.18
167 $55,019.18 $200.75 $0.00 $311.09 $55,531.02
168 $55,531.02 $200.75 $0.00 $313.98 $56,045.75
169 $56,045.75 $200.75 $0.00 $316.89 $56,563.39
170 $56,563.39 $200.75 $0.00 $319.82 $57,083.96
171 $57,083.96 $200.75 $0.00 $322.76 $57,607.47
172 $57,607.47 $200.75 $0.00 $325.72 $58,133.94
173 $58,133.94 $200.75 $0.00 $328.70 $58,663.39
174 $58,663.39 $200.75 $0.00 $331.69 $59,195.83
175 $59,195.83 $200.75 $0.00 $334.70 $59,731.28
176 $59,731.28 $200.75 $0.00 $337.73 $60,269.76
177 $60,269.76 $200.75 $0.00 $340.77 $60,811.28
178 $60,811.28 $200.75 $0.00 $343.84 $61,355.87
179 $61,355.87 $200.75 $0.00 $346.92 $61,903.54
180 $61,903.54 $200.75 $0.00 $350.01 $62,454.30
181 $62,454.30 $200.75 $0.00 $353.13 $63,008.18
182 $63,008.18 $200.75 $0.00 $356.26 $63,565.19
183 $63,565.19 $200.75 $0.00 $359.41 $64,125.35
184 $64,125.35 $200.75 $0.00 $362.57 $64,688.67
185 $64,688.67 $200.75 $0.00 $365.76 $65,255.18
186 $65,255.18 $200.75 $0.00 $368.96 $65,824.89
187 $65,824.89 $200.75 $0.00 $372.18 $66,397.82
188 $66,397.82 $200.75 $0.00 $375.42 $66,973.99
189 $66,973.99 $200.75 $0.00 $378.68 $67,553.42
190 $67,553.42 $200.75 $0.00 $381.96 $68,136.13
191 $68,136.13 $200.75 $0.00 $385.25 $68,722.13
192 $68,722.13 $200.75 $0.00 $388.56 $69,311.44
193 $69,311.44 $200.75 $0.00 $391.90 $69,904.09
194 $69,904.09 $200.75 $0.00 $395.25 $70,500.09
195 $70,500.09 $200.75 $0.00 $398.62 $71,099.46
196 $71,099.46 $200.75 $0.00 $402.01 $71,702.22
197 $71,702.22 $200.75 $0.00 $405.41 $72,308.38
198 $72,308.38 $200.75 $0.00 $408.84 $72,917.97
199 $72,917.97 $200.75 $0.00 $412.29 $73,531.01
200 $73,531.01 $200.75 $0.00 $415.76 $74,147.52
201 $74,147.52 $200.75 $0.00 $419.24 $74,767.51
202 $74,767.51 $200.75 $0.00 $422.75 $75,391.01
203 $75,391.01 $200.75 $0.00 $426.27 $76,018.03
204 $76,018.03 $200.75 $0.00 $429.82 $76,648.60
205 $76,648.60 $200.75 $0.00 $433.38 $77,282.73
206 $77,282.73 $200.75 $0.00 $436.97 $77,920.45
207 $77,920.45 $200.75 $0.00 $440.57 $78,561.77
208 $78,561.77 $200.75 $0.00 $444.20 $79,206.72
209 $79,206.72 $200.75 $0.00 $447.85 $79,855.32
210 $79,855.32 $200.75 $0.00 $451.51 $80,507.58
211 $80,507.58 $200.75 $0.00 $455.20 $81,163.53
212 $81,163.53 $200.75 $0.00 $458.91 $81,823.19
213 $81,823.19 $200.75 $0.00 $462.64 $82,486.58
214 $82,486.58 $200.75 $0.00 $466.39 $83,153.72
215 $83,153.72 $200.75 $0.00 $470.16 $83,824.63
216 $83,824.63 $200.75 $0.00 $473.96 $84,499.34
217 $84,499.34 $200.75 $44,067.60 $477.77 $41,110.26
218 $41,110.26 $200.75 $0.00 $232.44 $41,543.45
219 $41,543.45 $200.75 $0.00 $234.89 $41,979.09
220 $41,979.09 $200.75 $0.00 $237.36 $42,417.20
221 $42,417.20 $200.75 $0.00 $239.83 $42,857.78
222 $42,857.78 $200.75 $0.00 $242.32 $43,300.85
223 $43,300.85 $200.75 $0.00 $244.83 $43,746.43
224 $43,746.43 $200.75 $0.00 $247.35 $44,194.53
225 $44,194.53 $200.75 $0.00 $249.88 $44,645.16
226 $44,645.16 $200.75 $0.00 $252.43 $45,098.34
227 $45,098.34 $200.75 $0.00 $254.99 $45,554.08
228 $45,554.08 $200.75 $0.00 $257.57 $46,012.40
229 $46,012.40 $0.00 $46,270.99 $260.16 $1.57