# Savings Plan and Future Cost Estimation for Rowan University

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2041 \$91,245 Monthly savings required \$722

How much will it cost to send your child to Rowan University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$364,978.39 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$722.28 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 \$35,186.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford Rowan University in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$722.28 \$0.00 \$0.00 \$722.28
2 \$722.28 \$722.28 \$0.00 \$4.08 \$1,448.64
3 \$1,448.64 \$722.28 \$0.00 \$8.19 \$2,179.11
4 \$2,179.11 \$722.28 \$0.00 \$12.32 \$2,913.71
5 \$2,913.71 \$722.28 \$0.00 \$16.47 \$3,652.46
6 \$3,652.46 \$722.28 \$0.00 \$20.65 \$4,395.39
7 \$4,395.39 \$722.28 \$0.00 \$24.85 \$5,142.52
8 \$5,142.52 \$722.28 \$0.00 \$29.08 \$5,893.88
9 \$5,893.88 \$722.28 \$0.00 \$33.32 \$6,649.48
10 \$6,649.48 \$722.28 \$0.00 \$37.60 \$7,409.36
11 \$7,409.36 \$722.28 \$0.00 \$41.89 \$8,173.53
12 \$8,173.53 \$722.28 \$0.00 \$46.21 \$8,942.02
13 \$8,942.02 \$722.28 \$0.00 \$50.56 \$9,714.86
14 \$9,714.86 \$722.28 \$0.00 \$54.93 \$10,492.07
15 \$10,492.07 \$722.28 \$0.00 \$59.32 \$11,273.67
16 \$11,273.67 \$722.28 \$0.00 \$63.74 \$12,059.69
17 \$12,059.69 \$722.28 \$0.00 \$68.19 \$12,850.16
18 \$12,850.16 \$722.28 \$0.00 \$72.66 \$13,645.10
19 \$13,645.10 \$722.28 \$0.00 \$77.15 \$14,444.53
20 \$14,444.53 \$722.28 \$0.00 \$81.67 \$15,248.48
21 \$15,248.48 \$722.28 \$0.00 \$86.22 \$16,056.98
22 \$16,056.98 \$722.28 \$0.00 \$90.79 \$16,870.05
23 \$16,870.05 \$722.28 \$0.00 \$95.39 \$17,687.72
24 \$17,687.72 \$722.28 \$0.00 \$100.01 \$18,510.01
25 \$18,510.01 \$722.28 \$0.00 \$104.66 \$19,336.95
26 \$19,336.95 \$722.28 \$0.00 \$109.33 \$20,168.56
27 \$20,168.56 \$722.28 \$0.00 \$114.04 \$21,004.88
28 \$21,004.88 \$722.28 \$0.00 \$118.76 \$21,845.92
29 \$21,845.92 \$722.28 \$0.00 \$123.52 \$22,691.72
30 \$22,691.72 \$722.28 \$0.00 \$128.30 \$23,542.30
31 \$23,542.30 \$722.28 \$0.00 \$133.11 \$24,397.69
32 \$24,397.69 \$722.28 \$0.00 \$137.95 \$25,257.92
33 \$25,257.92 \$722.28 \$0.00 \$142.81 \$26,123.01
34 \$26,123.01 \$722.28 \$0.00 \$147.70 \$26,992.99
35 \$26,992.99 \$722.28 \$0.00 \$152.62 \$27,867.89
36 \$27,867.89 \$722.28 \$0.00 \$157.57 \$28,747.74
37 \$28,747.74 \$722.28 \$0.00 \$162.54 \$29,632.56
38 \$29,632.56 \$722.28 \$0.00 \$167.55 \$30,522.39
39 \$30,522.39 \$722.28 \$0.00 \$172.58 \$31,417.25
40 \$31,417.25 \$722.28 \$0.00 \$177.64 \$32,317.17
41 \$32,317.17 \$722.28 \$0.00 \$182.73 \$33,222.18
42 \$33,222.18 \$722.28 \$0.00 \$187.84 \$34,132.30
43 \$34,132.30 \$722.28 \$0.00 \$192.99 \$35,047.57
44 \$35,047.57 \$722.28 \$0.00 \$198.16 \$35,968.01
45 \$35,968.01 \$722.28 \$0.00 \$203.37 \$36,893.66
46 \$36,893.66 \$722.28 \$0.00 \$208.60 \$37,824.54
47 \$37,824.54 \$722.28 \$0.00 \$213.87 \$38,760.69
48 \$38,760.69 \$722.28 \$0.00 \$219.16 \$39,702.13
49 \$39,702.13 \$722.28 \$0.00 \$224.48 \$40,648.89
50 \$40,648.89 \$722.28 \$0.00 \$229.83 \$41,601.00
51 \$41,601.00 \$722.28 \$0.00 \$235.22 \$42,558.50
52 \$42,558.50 \$722.28 \$0.00 \$240.63 \$43,521.41
53 \$43,521.41 \$722.28 \$0.00 \$246.08 \$44,489.77
54 \$44,489.77 \$722.28 \$0.00 \$251.55 \$45,463.60
55 \$45,463.60 \$722.28 \$0.00 \$257.06 \$46,442.94
56 \$46,442.94 \$722.28 \$0.00 \$262.60 \$47,427.82
57 \$47,427.82 \$722.28 \$0.00 \$268.16 \$48,418.26
58 \$48,418.26 \$722.28 \$0.00 \$273.76 \$49,414.30
59 \$49,414.30 \$722.28 \$0.00 \$279.40 \$50,415.98
60 \$50,415.98 \$722.28 \$0.00 \$285.06 \$51,423.32
61 \$51,423.32 \$722.28 \$0.00 \$290.75 \$52,436.35
62 \$52,436.35 \$722.28 \$0.00 \$296.48 \$53,455.11
63 \$53,455.11 \$722.28 \$0.00 \$302.24 \$54,479.63
64 \$54,479.63 \$722.28 \$0.00 \$308.04 \$55,509.95
65 \$55,509.95 \$722.28 \$0.00 \$313.86 \$56,546.09
66 \$56,546.09 \$722.28 \$0.00 \$319.72 \$57,588.09
67 \$57,588.09 \$722.28 \$0.00 \$325.61 \$58,635.98
68 \$58,635.98 \$722.28 \$0.00 \$331.54 \$59,689.80
69 \$59,689.80 \$722.28 \$0.00 \$337.49 \$60,749.57
70 \$60,749.57 \$722.28 \$0.00 \$343.49 \$61,815.34
71 \$61,815.34 \$722.28 \$0.00 \$349.51 \$62,887.13
72 \$62,887.13 \$722.28 \$0.00 \$355.57 \$63,964.98
73 \$63,964.98 \$722.28 \$0.00 \$361.67 \$65,048.93
74 \$65,048.93 \$722.28 \$0.00 \$367.80 \$66,139.01
75 \$66,139.01 \$722.28 \$0.00 \$373.96 \$67,235.25
76 \$67,235.25 \$722.28 \$0.00 \$380.16 \$68,337.69
77 \$68,337.69 \$722.28 \$0.00 \$386.39 \$69,446.36
78 \$69,446.36 \$722.28 \$0.00 \$392.66 \$70,561.30
79 \$70,561.30 \$722.28 \$0.00 \$398.96 \$71,682.54
80 \$71,682.54 \$722.28 \$0.00 \$405.30 \$72,810.12
81 \$72,810.12 \$722.28 \$0.00 \$411.68 \$73,944.08
82 \$73,944.08 \$722.28 \$0.00 \$418.09 \$75,084.45
83 \$75,084.45 \$722.28 \$0.00 \$424.54 \$76,231.27
84 \$76,231.27 \$722.28 \$0.00 \$431.02 \$77,384.57
85 \$77,384.57 \$722.28 \$0.00 \$437.54 \$78,544.39
86 \$78,544.39 \$722.28 \$0.00 \$444.10 \$79,710.77
87 \$79,710.77 \$722.28 \$0.00 \$450.70 \$80,883.75
88 \$80,883.75 \$722.28 \$0.00 \$457.33 \$82,063.36
89 \$82,063.36 \$722.28 \$0.00 \$464.00 \$83,249.64
90 \$83,249.64 \$722.28 \$0.00 \$470.71 \$84,442.63
91 \$84,442.63 \$722.28 \$0.00 \$477.45 \$85,642.36
92 \$85,642.36 \$722.28 \$0.00 \$484.23 \$86,848.87
93 \$86,848.87 \$722.28 \$0.00 \$491.06 \$88,062.21
94 \$88,062.21 \$722.28 \$0.00 \$497.92 \$89,282.41
95 \$89,282.41 \$722.28 \$0.00 \$504.82 \$90,509.51
96 \$90,509.51 \$722.28 \$0.00 \$511.75 \$91,743.54
97 \$91,743.54 \$722.28 \$0.00 \$518.73 \$92,984.55
98 \$92,984.55 \$722.28 \$0.00 \$525.75 \$94,232.58
99 \$94,232.58 \$722.28 \$0.00 \$532.80 \$95,487.66
100 \$95,487.66 \$722.28 \$0.00 \$539.90 \$96,749.84
101 \$96,749.84 \$722.28 \$0.00 \$547.04 \$98,019.16
102 \$98,019.16 \$722.28 \$0.00 \$554.21 \$99,295.65
103 \$99,295.65 \$722.28 \$0.00 \$561.43 \$100,579.36
104 \$100,579.36 \$722.28 \$0.00 \$568.69 \$101,870.33
105 \$101,870.33 \$722.28 \$0.00 \$575.99 \$103,168.60
106 \$103,168.60 \$722.28 \$0.00 \$583.33 \$104,474.21
107 \$104,474.21 \$722.28 \$0.00 \$590.71 \$105,787.20
108 \$105,787.20 \$722.28 \$0.00 \$598.14 \$107,107.62
109 \$107,107.62 \$722.28 \$0.00 \$605.60 \$108,435.50
110 \$108,435.50 \$722.28 \$0.00 \$613.11 \$109,770.89
111 \$109,770.89 \$722.28 \$0.00 \$620.66 \$111,113.83
112 \$111,113.83 \$722.28 \$0.00 \$628.25 \$112,464.36
113 \$112,464.36 \$722.28 \$0.00 \$635.89 \$113,822.53
114 \$113,822.53 \$722.28 \$0.00 \$643.57 \$115,188.38
115 \$115,188.38 \$722.28 \$0.00 \$651.29 \$116,561.95
116 \$116,561.95 \$722.28 \$0.00 \$659.06 \$117,943.29
117 \$117,943.29 \$722.28 \$0.00 \$666.87 \$119,332.44
118 \$119,332.44 \$722.28 \$0.00 \$674.72 \$120,729.44
119 \$120,729.44 \$722.28 \$0.00 \$682.62 \$122,134.34
120 \$122,134.34 \$722.28 \$0.00 \$690.57 \$123,547.19
121 \$123,547.19 \$722.28 \$0.00 \$698.55 \$124,968.02
122 \$124,968.02 \$722.28 \$0.00 \$706.59 \$126,396.89
123 \$126,396.89 \$722.28 \$0.00 \$714.67 \$127,833.84
124 \$127,833.84 \$722.28 \$0.00 \$722.79 \$129,278.91
125 \$129,278.91 \$722.28 \$0.00 \$730.96 \$130,732.15
126 \$130,732.15 \$722.28 \$0.00 \$739.18 \$132,193.61
127 \$132,193.61 \$722.28 \$0.00 \$747.44 \$133,663.33
128 \$133,663.33 \$722.28 \$0.00 \$755.75 \$135,141.36
129 \$135,141.36 \$722.28 \$0.00 \$764.11 \$136,627.75
130 \$136,627.75 \$722.28 \$0.00 \$772.51 \$138,122.54
131 \$138,122.54 \$722.28 \$0.00 \$780.96 \$139,625.78
132 \$139,625.78 \$722.28 \$0.00 \$789.46 \$141,137.52
133 \$141,137.52 \$722.28 \$0.00 \$798.01 \$142,657.81
134 \$142,657.81 \$722.28 \$0.00 \$806.61 \$144,186.70
135 \$144,186.70 \$722.28 \$0.00 \$815.25 \$145,724.23
136 \$145,724.23 \$722.28 \$0.00 \$823.95 \$147,270.46
137 \$147,270.46 \$722.28 \$0.00 \$832.69 \$148,825.43
138 \$148,825.43 \$722.28 \$0.00 \$841.48 \$150,389.19
139 \$150,389.19 \$722.28 \$0.00 \$850.32 \$151,961.79
140 \$151,961.79 \$722.28 \$0.00 \$859.21 \$153,543.28
141 \$153,543.28 \$722.28 \$0.00 \$868.16 \$155,133.72
142 \$155,133.72 \$722.28 \$0.00 \$877.15 \$156,733.15
143 \$156,733.15 \$722.28 \$0.00 \$886.19 \$158,341.62
144 \$158,341.62 \$722.28 \$0.00 \$895.29 \$159,959.19
145 \$159,959.19 \$722.28 \$0.00 \$904.43 \$161,585.90
146 \$161,585.90 \$722.28 \$0.00 \$913.63 \$163,221.81
147 \$163,221.81 \$722.28 \$0.00 \$922.88 \$164,866.97
148 \$164,866.97 \$722.28 \$0.00 \$932.18 \$166,521.43
149 \$166,521.43 \$722.28 \$0.00 \$941.54 \$168,185.25
150 \$168,185.25 \$722.28 \$0.00 \$950.94 \$169,858.47
151 \$169,858.47 \$722.28 \$0.00 \$960.40 \$171,541.15
152 \$171,541.15 \$722.28 \$0.00 \$969.92 \$173,233.35
153 \$173,233.35 \$722.28 \$0.00 \$979.49 \$174,935.12
154 \$174,935.12 \$722.28 \$0.00 \$989.11 \$176,646.51
155 \$176,646.51 \$722.28 \$0.00 \$998.79 \$178,367.58
156 \$178,367.58 \$722.28 \$0.00 \$1,008.52 \$180,098.38
157 \$180,098.38 \$722.28 \$0.00 \$1,018.30 \$181,838.96
158 \$181,838.96 \$722.28 \$0.00 \$1,028.14 \$183,589.38
159 \$183,589.38 \$722.28 \$0.00 \$1,038.04 \$185,349.70
160 \$185,349.70 \$722.28 \$0.00 \$1,047.99 \$187,119.97
161 \$187,119.97 \$722.28 \$0.00 \$1,058.00 \$188,900.25
162 \$188,900.25 \$722.28 \$0.00 \$1,068.07 \$190,690.60
163 \$190,690.60 \$722.28 \$0.00 \$1,078.19 \$192,491.07
164 \$192,491.07 \$722.28 \$0.00 \$1,088.37 \$194,301.72
165 \$194,301.72 \$722.28 \$0.00 \$1,098.61 \$196,122.61
166 \$196,122.61 \$722.28 \$0.00 \$1,108.91 \$197,953.80
167 \$197,953.80 \$722.28 \$0.00 \$1,119.26 \$199,795.34
168 \$199,795.34 \$722.28 \$0.00 \$1,129.67 \$201,647.29
169 \$201,647.29 \$722.28 \$0.00 \$1,140.14 \$203,509.71
170 \$203,509.71 \$722.28 \$0.00 \$1,150.67 \$205,382.66
171 \$205,382.66 \$722.28 \$0.00 \$1,161.26 \$207,266.20
172 \$207,266.20 \$722.28 \$0.00 \$1,171.91 \$209,160.39
173 \$209,160.39 \$722.28 \$0.00 \$1,182.62 \$211,065.29
174 \$211,065.29 \$722.28 \$0.00 \$1,193.39 \$212,980.96
175 \$212,980.96 \$722.28 \$0.00 \$1,204.23 \$214,907.47
176 \$214,907.47 \$722.28 \$0.00 \$1,215.12 \$216,844.87
177 \$216,844.87 \$722.28 \$0.00 \$1,226.07 \$218,793.22
178 \$218,793.22 \$722.28 \$0.00 \$1,237.09 \$220,752.59
179 \$220,752.59 \$722.28 \$0.00 \$1,248.17 \$222,723.04
180 \$222,723.04 \$722.28 \$0.00 \$1,259.31 \$224,704.63
181 \$224,704.63 \$722.28 \$0.00 \$1,270.51 \$226,697.42
182 \$226,697.42 \$722.28 \$0.00 \$1,281.78 \$228,701.48
183 \$228,701.48 \$722.28 \$0.00 \$1,293.11 \$230,716.87
184 \$230,716.87 \$722.28 \$0.00 \$1,304.51 \$232,743.66
185 \$232,743.66 \$722.28 \$0.00 \$1,315.97 \$234,781.91
186 \$234,781.91 \$722.28 \$0.00 \$1,327.49 \$236,831.68
187 \$236,831.68 \$722.28 \$0.00 \$1,339.08 \$238,893.04
188 \$238,893.04 \$722.28 \$0.00 \$1,350.74 \$240,966.06
189 \$240,966.06 \$722.28 \$0.00 \$1,362.46 \$243,050.80
190 \$243,050.80 \$722.28 \$0.00 \$1,374.24 \$245,147.32
191 \$245,147.32 \$722.28 \$0.00 \$1,386.10 \$247,255.70
192 \$247,255.70 \$722.28 \$0.00 \$1,398.02 \$249,376.00
193 \$249,376.00 \$722.28 \$0.00 \$1,410.01 \$251,508.29
194 \$251,508.29 \$722.28 \$0.00 \$1,422.06 \$253,652.63
195 \$253,652.63 \$722.28 \$0.00 \$1,434.19 \$255,809.10
196 \$255,809.10 \$722.28 \$0.00 \$1,446.38 \$257,977.76
197 \$257,977.76 \$722.28 \$0.00 \$1,458.64 \$260,158.68
198 \$260,158.68 \$722.28 \$0.00 \$1,470.98 \$262,351.94
199 \$262,351.94 \$722.28 \$0.00 \$1,483.38 \$264,557.60
200 \$264,557.60 \$722.28 \$0.00 \$1,495.85 \$266,775.73
201 \$266,775.73 \$722.28 \$0.00 \$1,508.39 \$269,006.40
202 \$269,006.40 \$722.28 \$0.00 \$1,521.00 \$271,249.68
203 \$271,249.68 \$722.28 \$0.00 \$1,533.69 \$273,505.65
204 \$273,505.65 \$722.28 \$0.00 \$1,546.44 \$275,774.37
205 \$275,774.37 \$722.28 \$0.00 \$1,559.27 \$278,055.92
206 \$278,055.92 \$722.28 \$0.00 \$1,572.17 \$280,350.37
207 \$280,350.37 \$722.28 \$0.00 \$1,585.14 \$282,657.79
208 \$282,657.79 \$722.28 \$0.00 \$1,598.19 \$284,978.26
209 \$284,978.26 \$722.28 \$0.00 \$1,611.31 \$287,311.85
210 \$287,311.85 \$722.28 \$0.00 \$1,624.50 \$289,658.63
211 \$289,658.63 \$722.28 \$0.00 \$1,637.77 \$292,018.68
212 \$292,018.68 \$722.28 \$0.00 \$1,651.12 \$294,392.08
213 \$294,392.08 \$722.28 \$0.00 \$1,664.54 \$296,778.90
214 \$296,778.90 \$722.28 \$0.00 \$1,678.03 \$299,179.21
215 \$299,179.21 \$722.28 \$0.00 \$1,691.60 \$301,593.09
216 \$301,593.09 \$722.28 \$0.00 \$1,705.25 \$304,020.62
217 \$304,020.62 \$722.28 \$84,679.30 \$1,718.98 \$221,782.58
218 \$221,782.58 \$722.28 \$0.00 \$1,253.99 \$223,758.85
219 \$223,758.85 \$722.28 \$0.00 \$1,265.17 \$225,746.30
220 \$225,746.30 \$722.28 \$0.00 \$1,276.40 \$227,744.98
221 \$227,744.98 \$722.28 \$0.00 \$1,287.70 \$229,754.96
222 \$229,754.96 \$722.28 \$0.00 \$1,299.07 \$231,776.31
223 \$231,776.31 \$722.28 \$0.00 \$1,310.50 \$233,809.09
224 \$233,809.09 \$722.28 \$0.00 \$1,321.99 \$235,853.36
225 \$235,853.36 \$722.28 \$0.00 \$1,333.55 \$237,909.19
226 \$237,909.19 \$722.28 \$0.00 \$1,345.17 \$239,976.64
227 \$239,976.64 \$722.28 \$0.00 \$1,356.86 \$242,055.78
228 \$242,055.78 \$722.28 \$0.00 \$1,368.62 \$244,146.68
229 \$244,146.68 \$722.28 \$88,913.27 \$1,380.44 \$157,336.13
230 \$157,336.13 \$722.28 \$0.00 \$889.60 \$158,948.01
231 \$158,948.01 \$722.28 \$0.00 \$898.72 \$160,569.01
232 \$160,569.01 \$722.28 \$0.00 \$907.88 \$162,199.17
233 \$162,199.17 \$722.28 \$0.00 \$917.10 \$163,838.55
234 \$163,838.55 \$722.28 \$0.00 \$926.37 \$165,487.20
235 \$165,487.20 \$722.28 \$0.00 \$935.69 \$167,145.17
236 \$167,145.17 \$722.28 \$0.00 \$945.06 \$168,812.51
237 \$168,812.51 \$722.28 \$0.00 \$954.49 \$170,489.28
238 \$170,489.28 \$722.28 \$0.00 \$963.97 \$172,175.53
239 \$172,175.53 \$722.28 \$0.00 \$973.51 \$173,871.32
240 \$173,871.32 \$722.28 \$0.00 \$983.09 \$175,576.69
241 \$175,576.69 \$722.28 \$93,358.93 \$992.74 \$83,932.78
242 \$83,932.78 \$722.28 \$0.00 \$474.57 \$85,129.63
243 \$85,129.63 \$722.28 \$0.00 \$481.34 \$86,333.25
244 \$86,333.25 \$722.28 \$0.00 \$488.14 \$87,543.67
245 \$87,543.67 \$722.28 \$0.00 \$494.98 \$88,760.93
246 \$88,760.93 \$722.28 \$0.00 \$501.87 \$89,985.08
247 \$89,985.08 \$722.28 \$0.00 \$508.79 \$91,216.15
248 \$91,216.15 \$722.28 \$0.00 \$515.75 \$92,454.18
249 \$92,454.18 \$722.28 \$0.00 \$522.75 \$93,699.21
250 \$93,699.21 \$722.28 \$0.00 \$529.79 \$94,951.28
251 \$94,951.28 \$722.28 \$0.00 \$536.87 \$96,210.43
252 \$96,210.43 \$722.28 \$0.00 \$543.99 \$97,476.70
253 \$97,476.70 \$0.00 \$98,026.88 \$551.15 \$0.97