Savings Plan and Future Cost Estimation for Louisiana Tech University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$93,687
Monthly savings required$740

How much will it cost to send your child to Louisiana Tech University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $374,747.48 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $740.44 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$24,972.00
Years until enrollment18
Annual Tuition Increase7%
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 $740.44 $0.00 $0.00 $740.44
2 $740.44 $740.44 $0.00 $4.19 $1,485.07
3 $1,485.07 $740.44 $0.00 $8.40 $2,233.91
4 $2,233.91 $740.44 $0.00 $12.63 $2,986.98
5 $2,986.98 $740.44 $0.00 $16.89 $3,744.31
6 $3,744.31 $740.44 $0.00 $21.17 $4,505.92
7 $4,505.92 $740.44 $0.00 $25.48 $5,271.84
8 $5,271.84 $740.44 $0.00 $29.81 $6,042.09
9 $6,042.09 $740.44 $0.00 $34.16 $6,816.69
10 $6,816.69 $740.44 $0.00 $38.54 $7,595.67
11 $7,595.67 $740.44 $0.00 $42.95 $8,379.06
12 $8,379.06 $740.44 $0.00 $47.38 $9,166.88
13 $9,166.88 $740.44 $0.00 $51.83 $9,959.15
14 $9,959.15 $740.44 $0.00 $56.31 $10,755.90
15 $10,755.90 $740.44 $0.00 $60.82 $11,557.16
16 $11,557.16 $740.44 $0.00 $65.35 $12,362.95
17 $12,362.95 $740.44 $0.00 $69.90 $13,173.29
18 $13,173.29 $740.44 $0.00 $74.48 $13,988.21
19 $13,988.21 $740.44 $0.00 $79.09 $14,807.74
20 $14,807.74 $740.44 $0.00 $83.73 $15,631.91
21 $15,631.91 $740.44 $0.00 $88.39 $16,460.74
22 $16,460.74 $740.44 $0.00 $93.07 $17,294.25
23 $17,294.25 $740.44 $0.00 $97.78 $18,132.47
24 $18,132.47 $740.44 $0.00 $102.52 $18,975.43
25 $18,975.43 $740.44 $0.00 $107.29 $19,823.16
26 $19,823.16 $740.44 $0.00 $112.08 $20,675.68
27 $20,675.68 $740.44 $0.00 $116.90 $21,533.02
28 $21,533.02 $740.44 $0.00 $121.75 $22,395.21
29 $22,395.21 $740.44 $0.00 $126.63 $23,262.28
30 $23,262.28 $740.44 $0.00 $131.53 $24,134.25
31 $24,134.25 $740.44 $0.00 $136.46 $25,011.15
32 $25,011.15 $740.44 $0.00 $141.42 $25,893.01
33 $25,893.01 $740.44 $0.00 $146.40 $26,779.85
34 $26,779.85 $740.44 $0.00 $151.42 $27,671.71
35 $27,671.71 $740.44 $0.00 $156.46 $28,568.61
36 $28,568.61 $740.44 $0.00 $161.53 $29,470.58
37 $29,470.58 $740.44 $0.00 $166.63 $30,377.65
38 $30,377.65 $740.44 $0.00 $171.76 $31,289.85
39 $31,289.85 $740.44 $0.00 $176.92 $32,207.21
40 $32,207.21 $740.44 $0.00 $182.10 $33,129.75
41 $33,129.75 $740.44 $0.00 $187.32 $34,057.51
42 $34,057.51 $740.44 $0.00 $192.57 $34,990.52
43 $34,990.52 $740.44 $0.00 $197.84 $35,928.80
44 $35,928.80 $740.44 $0.00 $203.15 $36,872.39
45 $36,872.39 $740.44 $0.00 $208.48 $37,821.31
46 $37,821.31 $740.44 $0.00 $213.85 $38,775.60
47 $38,775.60 $740.44 $0.00 $219.24 $39,735.28
48 $39,735.28 $740.44 $0.00 $224.67 $40,700.39
49 $40,700.39 $740.44 $0.00 $230.13 $41,670.96
50 $41,670.96 $740.44 $0.00 $235.61 $42,647.01
51 $42,647.01 $740.44 $0.00 $241.13 $43,628.58
52 $43,628.58 $740.44 $0.00 $246.68 $44,615.70
53 $44,615.70 $740.44 $0.00 $252.26 $45,608.40
54 $45,608.40 $740.44 $0.00 $257.88 $46,606.72
55 $46,606.72 $740.44 $0.00 $263.52 $47,610.68
56 $47,610.68 $740.44 $0.00 $269.20 $48,620.32
57 $48,620.32 $740.44 $0.00 $274.91 $49,635.67
58 $49,635.67 $740.44 $0.00 $280.65 $50,656.76
59 $50,656.76 $740.44 $0.00 $286.42 $51,683.62
60 $51,683.62 $740.44 $0.00 $292.23 $52,716.29
61 $52,716.29 $740.44 $0.00 $298.07 $53,754.80
62 $53,754.80 $740.44 $0.00 $303.94 $54,799.18
63 $54,799.18 $740.44 $0.00 $309.84 $55,849.46
64 $55,849.46 $740.44 $0.00 $315.78 $56,905.68
65 $56,905.68 $740.44 $0.00 $321.75 $57,967.87
66 $57,967.87 $740.44 $0.00 $327.76 $59,036.07
67 $59,036.07 $740.44 $0.00 $333.80 $60,110.31
68 $60,110.31 $740.44 $0.00 $339.87 $61,190.62
69 $61,190.62 $740.44 $0.00 $345.98 $62,277.04
70 $62,277.04 $740.44 $0.00 $352.12 $63,369.60
71 $63,369.60 $740.44 $0.00 $358.30 $64,468.34
72 $64,468.34 $740.44 $0.00 $364.51 $65,573.29
73 $65,573.29 $740.44 $0.00 $370.76 $66,684.49
74 $66,684.49 $740.44 $0.00 $377.04 $67,801.97
75 $67,801.97 $740.44 $0.00 $383.36 $68,925.77
76 $68,925.77 $740.44 $0.00 $389.72 $70,055.93
77 $70,055.93 $740.44 $0.00 $396.11 $71,192.48
78 $71,192.48 $740.44 $0.00 $402.53 $72,335.45
79 $72,335.45 $740.44 $0.00 $409.00 $73,484.89
80 $73,484.89 $740.44 $0.00 $415.49 $74,640.82
81 $74,640.82 $740.44 $0.00 $422.03 $75,803.29
82 $75,803.29 $740.44 $0.00 $428.60 $76,972.33
83 $76,972.33 $740.44 $0.00 $435.21 $78,147.98
84 $78,147.98 $740.44 $0.00 $441.86 $79,330.28
85 $79,330.28 $740.44 $0.00 $448.54 $80,519.26
86 $80,519.26 $740.44 $0.00 $455.27 $81,714.97
87 $81,714.97 $740.44 $0.00 $462.03 $82,917.44
88 $82,917.44 $740.44 $0.00 $468.83 $84,126.71
89 $84,126.71 $740.44 $0.00 $475.66 $85,342.81
90 $85,342.81 $740.44 $0.00 $482.54 $86,565.79
91 $86,565.79 $740.44 $0.00 $489.46 $87,795.69
92 $87,795.69 $740.44 $0.00 $496.41 $89,032.54
93 $89,032.54 $740.44 $0.00 $503.40 $90,276.38
94 $90,276.38 $740.44 $0.00 $510.44 $91,527.26
95 $91,527.26 $740.44 $0.00 $517.51 $92,785.21
96 $92,785.21 $740.44 $0.00 $524.62 $94,050.27
97 $94,050.27 $740.44 $0.00 $531.77 $95,322.48
98 $95,322.48 $740.44 $0.00 $538.97 $96,601.89
99 $96,601.89 $740.44 $0.00 $546.20 $97,888.53
100 $97,888.53 $740.44 $0.00 $553.48 $99,182.45
101 $99,182.45 $740.44 $0.00 $560.79 $100,483.68
102 $100,483.68 $740.44 $0.00 $568.15 $101,792.27
103 $101,792.27 $740.44 $0.00 $575.55 $103,108.26
104 $103,108.26 $740.44 $0.00 $582.99 $104,431.69
105 $104,431.69 $740.44 $0.00 $590.47 $105,762.60
106 $105,762.60 $740.44 $0.00 $598.00 $107,101.04
107 $107,101.04 $740.44 $0.00 $605.56 $108,447.04
108 $108,447.04 $740.44 $0.00 $613.18 $109,800.66
109 $109,800.66 $740.44 $0.00 $620.83 $111,161.93
110 $111,161.93 $740.44 $0.00 $628.53 $112,530.90
111 $112,530.90 $740.44 $0.00 $636.27 $113,907.61
112 $113,907.61 $740.44 $0.00 $644.05 $115,292.10
113 $115,292.10 $740.44 $0.00 $651.88 $116,684.42
114 $116,684.42 $740.44 $0.00 $659.75 $118,084.61
115 $118,084.61 $740.44 $0.00 $667.67 $119,492.72
116 $119,492.72 $740.44 $0.00 $675.63 $120,908.79
117 $120,908.79 $740.44 $0.00 $683.64 $122,332.87
118 $122,332.87 $740.44 $0.00 $691.69 $123,765.00
119 $123,765.00 $740.44 $0.00 $699.79 $125,205.23
120 $125,205.23 $740.44 $0.00 $707.93 $126,653.60
121 $126,653.60 $740.44 $0.00 $716.12 $128,110.16
122 $128,110.16 $740.44 $0.00 $724.35 $129,574.95
123 $129,574.95 $740.44 $0.00 $732.64 $131,048.03
124 $131,048.03 $740.44 $0.00 $740.96 $132,529.43
125 $132,529.43 $740.44 $0.00 $749.34 $134,019.21
126 $134,019.21 $740.44 $0.00 $757.76 $135,517.41
127 $135,517.41 $740.44 $0.00 $766.24 $137,024.09
128 $137,024.09 $740.44 $0.00 $774.75 $138,539.28
129 $138,539.28 $740.44 $0.00 $783.32 $140,063.04
130 $140,063.04 $740.44 $0.00 $791.94 $141,595.42
131 $141,595.42 $740.44 $0.00 $800.60 $143,136.46
132 $143,136.46 $740.44 $0.00 $809.31 $144,686.21
133 $144,686.21 $740.44 $0.00 $818.08 $146,244.73
134 $146,244.73 $740.44 $0.00 $826.89 $147,812.06
135 $147,812.06 $740.44 $0.00 $835.75 $149,388.25
136 $149,388.25 $740.44 $0.00 $844.66 $150,973.35
137 $150,973.35 $740.44 $0.00 $853.63 $152,567.42
138 $152,567.42 $740.44 $0.00 $862.64 $154,170.50
139 $154,170.50 $740.44 $0.00 $871.70 $155,782.64
140 $155,782.64 $740.44 $0.00 $880.82 $157,403.90
141 $157,403.90 $740.44 $0.00 $889.98 $159,034.32
142 $159,034.32 $740.44 $0.00 $899.20 $160,673.96
143 $160,673.96 $740.44 $0.00 $908.47 $162,322.87
144 $162,322.87 $740.44 $0.00 $917.80 $163,981.11
145 $163,981.11 $740.44 $0.00 $927.17 $165,648.72
146 $165,648.72 $740.44 $0.00 $936.60 $167,325.76
147 $167,325.76 $740.44 $0.00 $946.08 $169,012.28
148 $169,012.28 $740.44 $0.00 $955.62 $170,708.34
149 $170,708.34 $740.44 $0.00 $965.21 $172,413.99
150 $172,413.99 $740.44 $0.00 $974.85 $174,129.28
151 $174,129.28 $740.44 $0.00 $984.55 $175,854.27
152 $175,854.27 $740.44 $0.00 $994.31 $177,589.02
153 $177,589.02 $740.44 $0.00 $1,004.11 $179,333.57
154 $179,333.57 $740.44 $0.00 $1,013.98 $181,087.99
155 $181,087.99 $740.44 $0.00 $1,023.90 $182,852.33
156 $182,852.33 $740.44 $0.00 $1,033.87 $184,626.64
157 $184,626.64 $740.44 $0.00 $1,043.91 $186,410.99
158 $186,410.99 $740.44 $0.00 $1,053.99 $188,205.42
159 $188,205.42 $740.44 $0.00 $1,064.14 $190,010.00
160 $190,010.00 $740.44 $0.00 $1,074.34 $191,824.78
161 $191,824.78 $740.44 $0.00 $1,084.61 $193,649.83
162 $193,649.83 $740.44 $0.00 $1,094.92 $195,485.19
163 $195,485.19 $740.44 $0.00 $1,105.30 $197,330.93
164 $197,330.93 $740.44 $0.00 $1,115.74 $199,187.11
165 $199,187.11 $740.44 $0.00 $1,126.23 $201,053.78
166 $201,053.78 $740.44 $0.00 $1,136.79 $202,931.01
167 $202,931.01 $740.44 $0.00 $1,147.40 $204,818.85
168 $204,818.85 $740.44 $0.00 $1,158.08 $206,717.37
169 $206,717.37 $740.44 $0.00 $1,168.81 $208,626.62
170 $208,626.62 $740.44 $0.00 $1,179.61 $210,546.67
171 $210,546.67 $740.44 $0.00 $1,190.46 $212,477.57
172 $212,477.57 $740.44 $0.00 $1,201.38 $214,419.39
173 $214,419.39 $740.44 $0.00 $1,212.36 $216,372.19
174 $216,372.19 $740.44 $0.00 $1,223.40 $218,336.03
175 $218,336.03 $740.44 $0.00 $1,234.50 $220,310.97
176 $220,310.97 $740.44 $0.00 $1,245.67 $222,297.08
177 $222,297.08 $740.44 $0.00 $1,256.90 $224,294.42
178 $224,294.42 $740.44 $0.00 $1,268.19 $226,303.05
179 $226,303.05 $740.44 $0.00 $1,279.55 $228,323.04
180 $228,323.04 $740.44 $0.00 $1,290.97 $230,354.45
181 $230,354.45 $740.44 $0.00 $1,302.46 $232,397.35
182 $232,397.35 $740.44 $0.00 $1,314.01 $234,451.80
183 $234,451.80 $740.44 $0.00 $1,325.62 $236,517.86
184 $236,517.86 $740.44 $0.00 $1,337.31 $238,595.61
185 $238,595.61 $740.44 $0.00 $1,349.05 $240,685.10
186 $240,685.10 $740.44 $0.00 $1,360.87 $242,786.41
187 $242,786.41 $740.44 $0.00 $1,372.75 $244,899.60
188 $244,899.60 $740.44 $0.00 $1,384.70 $247,024.74
189 $247,024.74 $740.44 $0.00 $1,396.71 $249,161.89
190 $249,161.89 $740.44 $0.00 $1,408.80 $251,311.13
191 $251,311.13 $740.44 $0.00 $1,420.95 $253,472.52
192 $253,472.52 $740.44 $0.00 $1,433.17 $255,646.13
193 $255,646.13 $740.44 $0.00 $1,445.46 $257,832.03
194 $257,832.03 $740.44 $0.00 $1,457.82 $260,030.29
195 $260,030.29 $740.44 $0.00 $1,470.25 $262,240.98
196 $262,240.98 $740.44 $0.00 $1,482.75 $264,464.17
197 $264,464.17 $740.44 $0.00 $1,495.32 $266,699.93
198 $266,699.93 $740.44 $0.00 $1,507.96 $268,948.33
199 $268,948.33 $740.44 $0.00 $1,520.67 $271,209.44
200 $271,209.44 $740.44 $0.00 $1,533.46 $273,483.34
201 $273,483.34 $740.44 $0.00 $1,546.31 $275,770.09
202 $275,770.09 $740.44 $0.00 $1,559.24 $278,069.77
203 $278,069.77 $740.44 $0.00 $1,572.25 $280,382.46
204 $280,382.46 $740.44 $0.00 $1,585.32 $282,708.22
205 $282,708.22 $740.44 $0.00 $1,598.47 $285,047.13
206 $285,047.13 $740.44 $0.00 $1,611.70 $287,399.27
207 $287,399.27 $740.44 $0.00 $1,625.00 $289,764.71
208 $289,764.71 $740.44 $0.00 $1,638.37 $292,143.52
209 $292,143.52 $740.44 $0.00 $1,651.82 $294,535.78
210 $294,535.78 $740.44 $0.00 $1,665.35 $296,941.57
211 $296,941.57 $740.44 $0.00 $1,678.95 $299,360.96
212 $299,360.96 $740.44 $0.00 $1,692.63 $301,794.03
213 $301,794.03 $740.44 $0.00 $1,706.39 $304,240.86
214 $304,240.86 $740.44 $0.00 $1,720.22 $306,701.52
215 $306,701.52 $740.44 $0.00 $1,734.13 $309,176.09
216 $309,176.09 $740.44 $0.00 $1,748.13 $311,664.66
217 $311,664.66 $740.44 $84,403.67 $1,762.20 $229,763.63
218 $229,763.63 $740.44 $0.00 $1,299.12 $231,803.19
219 $231,803.19 $740.44 $0.00 $1,310.65 $233,854.28
220 $233,854.28 $740.44 $0.00 $1,322.25 $235,916.97
221 $235,916.97 $740.44 $0.00 $1,333.91 $237,991.32
222 $237,991.32 $740.44 $0.00 $1,345.64 $240,077.40
223 $240,077.40 $740.44 $0.00 $1,357.43 $242,175.27
224 $242,175.27 $740.44 $0.00 $1,369.29 $244,285.00
225 $244,285.00 $740.44 $0.00 $1,381.22 $246,406.66
226 $246,406.66 $740.44 $0.00 $1,393.22 $248,540.32
227 $248,540.32 $740.44 $0.00 $1,405.28 $250,686.04
228 $250,686.04 $740.44 $0.00 $1,417.42 $252,843.90
229 $252,843.90 $740.44 $90,311.93 $1,429.62 $164,702.03
230 $164,702.03 $740.44 $0.00 $931.25 $166,373.72
231 $166,373.72 $740.44 $0.00 $940.70 $168,054.86
232 $168,054.86 $740.44 $0.00 $950.21 $169,745.51
233 $169,745.51 $740.44 $0.00 $959.77 $171,445.72
234 $171,445.72 $740.44 $0.00 $969.38 $173,155.54
235 $173,155.54 $740.44 $0.00 $979.05 $174,875.03
236 $174,875.03 $740.44 $0.00 $988.77 $176,604.24
237 $176,604.24 $740.44 $0.00 $998.55 $178,343.23
238 $178,343.23 $740.44 $0.00 $1,008.38 $180,092.05
239 $180,092.05 $740.44 $0.00 $1,018.27 $181,850.76
240 $181,850.76 $740.44 $0.00 $1,028.21 $183,619.41
241 $183,619.41 $740.44 $96,633.76 $1,038.21 $88,764.30
242 $88,764.30 $740.44 $0.00 $501.89 $90,006.63
243 $90,006.63 $740.44 $0.00 $508.91 $91,255.98
244 $91,255.98 $740.44 $0.00 $515.97 $92,512.39
245 $92,512.39 $740.44 $0.00 $523.08 $93,775.91
246 $93,775.91 $740.44 $0.00 $530.22 $95,046.57
247 $95,046.57 $740.44 $0.00 $537.41 $96,324.42
248 $96,324.42 $740.44 $0.00 $544.63 $97,609.49
249 $97,609.49 $740.44 $0.00 $551.90 $98,901.83
250 $98,901.83 $740.44 $0.00 $559.21 $100,201.48
251 $100,201.48 $740.44 $0.00 $566.55 $101,508.47
252 $101,508.47 $740.44 $0.00 $573.94 $102,822.85
253 $102,822.85 $0.00 $103,398.12 $581.38 $6.11