# Savings Plan and Future Cost Estimation for CUNY Graduate School and University Center

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2041 \$67,325 Monthly savings required \$533

How much will it cost to send your child to CUNY Graduate School and University Center in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$269,299.41 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$532.93 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 \$25,962.00 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 CUNY Graduate School and University Center in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$532.93 \$0.00 \$0.00 \$532.93
2 \$532.93 \$532.93 \$0.00 \$3.01 \$1,068.87
3 \$1,068.87 \$532.93 \$0.00 \$6.04 \$1,607.84
4 \$1,607.84 \$532.93 \$0.00 \$9.09 \$2,149.86
5 \$2,149.86 \$532.93 \$0.00 \$12.16 \$2,694.95
6 \$2,694.95 \$532.93 \$0.00 \$15.24 \$3,243.12
7 \$3,243.12 \$532.93 \$0.00 \$18.34 \$3,794.39
8 \$3,794.39 \$532.93 \$0.00 \$21.45 \$4,348.77
9 \$4,348.77 \$532.93 \$0.00 \$24.59 \$4,906.29
10 \$4,906.29 \$532.93 \$0.00 \$27.74 \$5,466.96
11 \$5,466.96 \$532.93 \$0.00 \$30.91 \$6,030.80
12 \$6,030.80 \$532.93 \$0.00 \$34.10 \$6,597.83
13 \$6,597.83 \$532.93 \$0.00 \$37.31 \$7,168.07
14 \$7,168.07 \$532.93 \$0.00 \$40.53 \$7,741.53
15 \$7,741.53 \$532.93 \$0.00 \$43.77 \$8,318.23
16 \$8,318.23 \$532.93 \$0.00 \$47.03 \$8,898.19
17 \$8,898.19 \$532.93 \$0.00 \$50.31 \$9,481.43
18 \$9,481.43 \$532.93 \$0.00 \$53.61 \$10,067.97
19 \$10,067.97 \$532.93 \$0.00 \$56.93 \$10,657.83
20 \$10,657.83 \$532.93 \$0.00 \$60.26 \$11,251.02
21 \$11,251.02 \$532.93 \$0.00 \$63.61 \$11,847.56
22 \$11,847.56 \$532.93 \$0.00 \$66.99 \$12,447.48
23 \$12,447.48 \$532.93 \$0.00 \$70.38 \$13,050.79
24 \$13,050.79 \$532.93 \$0.00 \$73.79 \$13,657.51
25 \$13,657.51 \$532.93 \$0.00 \$77.22 \$14,267.66
26 \$14,267.66 \$532.93 \$0.00 \$80.67 \$14,881.26
27 \$14,881.26 \$532.93 \$0.00 \$84.14 \$15,498.33
28 \$15,498.33 \$532.93 \$0.00 \$87.63 \$16,118.89
29 \$16,118.89 \$532.93 \$0.00 \$91.14 \$16,742.96
30 \$16,742.96 \$532.93 \$0.00 \$94.67 \$17,370.56
31 \$17,370.56 \$532.93 \$0.00 \$98.22 \$18,001.71
32 \$18,001.71 \$532.93 \$0.00 \$101.78 \$18,636.42
33 \$18,636.42 \$532.93 \$0.00 \$105.37 \$19,274.72
34 \$19,274.72 \$532.93 \$0.00 \$108.98 \$19,916.63
35 \$19,916.63 \$532.93 \$0.00 \$112.61 \$20,562.17
36 \$20,562.17 \$532.93 \$0.00 \$116.26 \$21,211.36
37 \$21,211.36 \$532.93 \$0.00 \$119.93 \$21,864.22
38 \$21,864.22 \$532.93 \$0.00 \$123.62 \$22,520.77
39 \$22,520.77 \$532.93 \$0.00 \$127.34 \$23,181.04
40 \$23,181.04 \$532.93 \$0.00 \$131.07 \$23,845.04
41 \$23,845.04 \$532.93 \$0.00 \$134.82 \$24,512.79
42 \$24,512.79 \$532.93 \$0.00 \$138.60 \$25,184.32
43 \$25,184.32 \$532.93 \$0.00 \$142.40 \$25,859.65
44 \$25,859.65 \$532.93 \$0.00 \$146.21 \$26,538.79
45 \$26,538.79 \$532.93 \$0.00 \$150.05 \$27,221.77
46 \$27,221.77 \$532.93 \$0.00 \$153.92 \$27,908.62
47 \$27,908.62 \$532.93 \$0.00 \$157.80 \$28,599.35
48 \$28,599.35 \$532.93 \$0.00 \$161.70 \$29,293.98
49 \$29,293.98 \$532.93 \$0.00 \$165.63 \$29,992.54
50 \$29,992.54 \$532.93 \$0.00 \$169.58 \$30,695.05
51 \$30,695.05 \$532.93 \$0.00 \$173.55 \$31,401.53
52 \$31,401.53 \$532.93 \$0.00 \$177.55 \$32,112.01
53 \$32,112.01 \$532.93 \$0.00 \$181.57 \$32,826.51
54 \$32,826.51 \$532.93 \$0.00 \$185.61 \$33,545.05
55 \$33,545.05 \$532.93 \$0.00 \$189.67 \$34,267.65
56 \$34,267.65 \$532.93 \$0.00 \$193.75 \$34,994.33
57 \$34,994.33 \$532.93 \$0.00 \$197.86 \$35,725.12
58 \$35,725.12 \$532.93 \$0.00 \$202.00 \$36,460.05
59 \$36,460.05 \$532.93 \$0.00 \$206.15 \$37,199.13
60 \$37,199.13 \$532.93 \$0.00 \$210.33 \$37,942.39
61 \$37,942.39 \$532.93 \$0.00 \$214.53 \$38,689.85
62 \$38,689.85 \$532.93 \$0.00 \$218.76 \$39,441.54
63 \$39,441.54 \$532.93 \$0.00 \$223.01 \$40,197.48
64 \$40,197.48 \$532.93 \$0.00 \$227.28 \$40,957.69
65 \$40,957.69 \$532.93 \$0.00 \$231.58 \$41,722.20
66 \$41,722.20 \$532.93 \$0.00 \$235.90 \$42,491.03
67 \$42,491.03 \$532.93 \$0.00 \$240.25 \$43,264.21
68 \$43,264.21 \$532.93 \$0.00 \$244.62 \$44,041.76
69 \$44,041.76 \$532.93 \$0.00 \$249.02 \$44,823.71
70 \$44,823.71 \$532.93 \$0.00 \$253.44 \$45,610.08
71 \$45,610.08 \$532.93 \$0.00 \$257.89 \$46,400.90
72 \$46,400.90 \$532.93 \$0.00 \$262.36 \$47,196.19
73 \$47,196.19 \$532.93 \$0.00 \$266.85 \$47,995.97
74 \$47,995.97 \$532.93 \$0.00 \$271.38 \$48,800.28
75 \$48,800.28 \$532.93 \$0.00 \$275.92 \$49,609.13
76 \$49,609.13 \$532.93 \$0.00 \$280.50 \$50,422.56
77 \$50,422.56 \$532.93 \$0.00 \$285.10 \$51,240.59
78 \$51,240.59 \$532.93 \$0.00 \$289.72 \$52,063.24
79 \$52,063.24 \$532.93 \$0.00 \$294.37 \$52,890.54
80 \$52,890.54 \$532.93 \$0.00 \$299.05 \$53,722.52
81 \$53,722.52 \$532.93 \$0.00 \$303.75 \$54,559.20
82 \$54,559.20 \$532.93 \$0.00 \$308.49 \$55,400.62
83 \$55,400.62 \$532.93 \$0.00 \$313.24 \$56,246.79
84 \$56,246.79 \$532.93 \$0.00 \$318.03 \$57,097.75
85 \$57,097.75 \$532.93 \$0.00 \$322.84 \$57,953.52
86 \$57,953.52 \$532.93 \$0.00 \$327.68 \$58,814.13
87 \$58,814.13 \$532.93 \$0.00 \$332.54 \$59,679.60
88 \$59,679.60 \$532.93 \$0.00 \$337.44 \$60,549.97
89 \$60,549.97 \$532.93 \$0.00 \$342.36 \$61,425.26
90 \$61,425.26 \$532.93 \$0.00 \$347.31 \$62,305.50
91 \$62,305.50 \$532.93 \$0.00 \$352.28 \$63,190.71
92 \$63,190.71 \$532.93 \$0.00 \$357.29 \$64,080.93
93 \$64,080.93 \$532.93 \$0.00 \$362.32 \$64,976.18
94 \$64,976.18 \$532.93 \$0.00 \$367.38 \$65,876.49
95 \$65,876.49 \$532.93 \$0.00 \$372.48 \$66,781.90
96 \$66,781.90 \$532.93 \$0.00 \$377.59 \$67,692.42
97 \$67,692.42 \$532.93 \$0.00 \$382.74 \$68,608.09
98 \$68,608.09 \$532.93 \$0.00 \$387.92 \$69,528.94
99 \$69,528.94 \$532.93 \$0.00 \$393.13 \$70,455.00
100 \$70,455.00 \$532.93 \$0.00 \$398.36 \$71,386.29
101 \$71,386.29 \$532.93 \$0.00 \$403.63 \$72,322.85
102 \$72,322.85 \$532.93 \$0.00 \$408.92 \$73,264.70
103 \$73,264.70 \$532.93 \$0.00 \$414.25 \$74,211.88
104 \$74,211.88 \$532.93 \$0.00 \$419.60 \$75,164.41
105 \$75,164.41 \$532.93 \$0.00 \$424.99 \$76,122.33
106 \$76,122.33 \$532.93 \$0.00 \$430.41 \$77,085.67
107 \$77,085.67 \$532.93 \$0.00 \$435.85 \$78,054.45
108 \$78,054.45 \$532.93 \$0.00 \$441.33 \$79,028.71
109 \$79,028.71 \$532.93 \$0.00 \$446.84 \$80,008.48
110 \$80,008.48 \$532.93 \$0.00 \$452.38 \$80,993.79
111 \$80,993.79 \$532.93 \$0.00 \$457.95 \$81,984.67
112 \$81,984.67 \$532.93 \$0.00 \$463.55 \$82,981.15
113 \$82,981.15 \$532.93 \$0.00 \$469.19 \$83,983.27
114 \$83,983.27 \$532.93 \$0.00 \$474.85 \$84,991.05
115 \$84,991.05 \$532.93 \$0.00 \$480.55 \$86,004.53
116 \$86,004.53 \$532.93 \$0.00 \$486.28 \$87,023.74
117 \$87,023.74 \$532.93 \$0.00 \$492.04 \$88,048.71
118 \$88,048.71 \$532.93 \$0.00 \$497.84 \$89,079.48
119 \$89,079.48 \$532.93 \$0.00 \$503.67 \$90,116.08
120 \$90,116.08 \$532.93 \$0.00 \$509.53 \$91,158.54
121 \$91,158.54 \$532.93 \$0.00 \$515.42 \$92,206.89
122 \$92,206.89 \$532.93 \$0.00 \$521.35 \$93,261.17
123 \$93,261.17 \$532.93 \$0.00 \$527.31 \$94,321.41
124 \$94,321.41 \$532.93 \$0.00 \$533.31 \$95,387.65
125 \$95,387.65 \$532.93 \$0.00 \$539.34 \$96,459.92
126 \$96,459.92 \$532.93 \$0.00 \$545.40 \$97,538.25
127 \$97,538.25 \$532.93 \$0.00 \$551.50 \$98,622.68
128 \$98,622.68 \$532.93 \$0.00 \$557.63 \$99,713.24
129 \$99,713.24 \$532.93 \$0.00 \$563.79 \$100,809.96
130 \$100,809.96 \$532.93 \$0.00 \$569.99 \$101,912.88
131 \$101,912.88 \$532.93 \$0.00 \$576.23 \$103,022.04
132 \$103,022.04 \$532.93 \$0.00 \$582.50 \$104,137.47
133 \$104,137.47 \$532.93 \$0.00 \$588.81 \$105,259.21
134 \$105,259.21 \$532.93 \$0.00 \$595.15 \$106,387.29
135 \$106,387.29 \$532.93 \$0.00 \$601.53 \$107,521.75
136 \$107,521.75 \$532.93 \$0.00 \$607.94 \$108,662.62
137 \$108,662.62 \$532.93 \$0.00 \$614.39 \$109,809.94
138 \$109,809.94 \$532.93 \$0.00 \$620.88 \$110,963.75
139 \$110,963.75 \$532.93 \$0.00 \$627.41 \$112,124.09
140 \$112,124.09 \$532.93 \$0.00 \$633.97 \$113,290.99
141 \$113,290.99 \$532.93 \$0.00 \$640.56 \$114,464.48
142 \$114,464.48 \$532.93 \$0.00 \$647.20 \$115,644.61
143 \$115,644.61 \$532.93 \$0.00 \$653.87 \$116,831.41
144 \$116,831.41 \$532.93 \$0.00 \$660.58 \$118,024.92
145 \$118,024.92 \$532.93 \$0.00 \$667.33 \$119,225.18
146 \$119,225.18 \$532.93 \$0.00 \$674.12 \$120,432.23
147 \$120,432.23 \$532.93 \$0.00 \$680.94 \$121,646.10
148 \$121,646.10 \$532.93 \$0.00 \$687.80 \$122,866.83
149 \$122,866.83 \$532.93 \$0.00 \$694.71 \$124,094.47
150 \$124,094.47 \$532.93 \$0.00 \$701.65 \$125,329.05
151 \$125,329.05 \$532.93 \$0.00 \$708.63 \$126,570.61
152 \$126,570.61 \$532.93 \$0.00 \$715.65 \$127,819.19
153 \$127,819.19 \$532.93 \$0.00 \$722.71 \$129,074.83
154 \$129,074.83 \$532.93 \$0.00 \$729.81 \$130,337.57
155 \$130,337.57 \$532.93 \$0.00 \$736.95 \$131,607.45
156 \$131,607.45 \$532.93 \$0.00 \$744.13 \$132,884.51
157 \$132,884.51 \$532.93 \$0.00 \$751.35 \$134,168.79
158 \$134,168.79 \$532.93 \$0.00 \$758.61 \$135,460.33
159 \$135,460.33 \$532.93 \$0.00 \$765.91 \$136,759.17
160 \$136,759.17 \$532.93 \$0.00 \$773.26 \$138,065.36
161 \$138,065.36 \$532.93 \$0.00 \$780.64 \$139,378.93
162 \$139,378.93 \$532.93 \$0.00 \$788.07 \$140,699.93
163 \$140,699.93 \$532.93 \$0.00 \$795.54 \$142,028.40
164 \$142,028.40 \$532.93 \$0.00 \$803.05 \$143,364.38
165 \$143,364.38 \$532.93 \$0.00 \$810.60 \$144,707.91
166 \$144,707.91 \$532.93 \$0.00 \$818.20 \$146,059.04
167 \$146,059.04 \$532.93 \$0.00 \$825.84 \$147,417.81
168 \$147,417.81 \$532.93 \$0.00 \$833.52 \$148,784.26
169 \$148,784.26 \$532.93 \$0.00 \$841.25 \$150,158.44
170 \$150,158.44 \$532.93 \$0.00 \$849.02 \$151,540.39
171 \$151,540.39 \$532.93 \$0.00 \$856.83 \$152,930.15
172 \$152,930.15 \$532.93 \$0.00 \$864.69 \$154,327.77
173 \$154,327.77 \$532.93 \$0.00 \$872.59 \$155,733.29
174 \$155,733.29 \$532.93 \$0.00 \$880.54 \$157,146.76
175 \$157,146.76 \$532.93 \$0.00 \$888.53 \$158,568.22
176 \$158,568.22 \$532.93 \$0.00 \$896.57 \$159,997.72
177 \$159,997.72 \$532.93 \$0.00 \$904.65 \$161,435.30
178 \$161,435.30 \$532.93 \$0.00 \$912.78 \$162,881.01
179 \$162,881.01 \$532.93 \$0.00 \$920.95 \$164,334.89
180 \$164,334.89 \$532.93 \$0.00 \$929.17 \$165,796.99
181 \$165,796.99 \$532.93 \$0.00 \$937.44 \$167,267.36
182 \$167,267.36 \$532.93 \$0.00 \$945.75 \$168,746.04
183 \$168,746.04 \$532.93 \$0.00 \$954.11 \$170,233.08
184 \$170,233.08 \$532.93 \$0.00 \$962.52 \$171,728.53
185 \$171,728.53 \$532.93 \$0.00 \$970.98 \$173,232.44
186 \$173,232.44 \$532.93 \$0.00 \$979.48 \$174,744.85
187 \$174,744.85 \$532.93 \$0.00 \$988.03 \$176,265.81
188 \$176,265.81 \$532.93 \$0.00 \$996.63 \$177,795.37
189 \$177,795.37 \$532.93 \$0.00 \$1,005.28 \$179,333.58
190 \$179,333.58 \$532.93 \$0.00 \$1,013.98 \$180,880.49
191 \$180,880.49 \$532.93 \$0.00 \$1,022.72 \$182,436.14
192 \$182,436.14 \$532.93 \$0.00 \$1,031.52 \$184,000.59
193 \$184,000.59 \$532.93 \$0.00 \$1,040.37 \$185,573.89
194 \$185,573.89 \$532.93 \$0.00 \$1,049.26 \$187,156.08
195 \$187,156.08 \$532.93 \$0.00 \$1,058.21 \$188,747.22
196 \$188,747.22 \$532.93 \$0.00 \$1,067.20 \$190,347.35
197 \$190,347.35 \$532.93 \$0.00 \$1,076.25 \$191,956.53
198 \$191,956.53 \$532.93 \$0.00 \$1,085.35 \$193,574.81
199 \$193,574.81 \$532.93 \$0.00 \$1,094.50 \$195,202.24
200 \$195,202.24 \$532.93 \$0.00 \$1,103.70 \$196,838.87
201 \$196,838.87 \$532.93 \$0.00 \$1,112.96 \$198,484.76
202 \$198,484.76 \$532.93 \$0.00 \$1,122.26 \$200,139.95
203 \$200,139.95 \$532.93 \$0.00 \$1,131.62 \$201,804.50
204 \$201,804.50 \$532.93 \$0.00 \$1,141.03 \$203,478.46
205 \$203,478.46 \$532.93 \$0.00 \$1,150.50 \$205,161.89
206 \$205,161.89 \$532.93 \$0.00 \$1,160.02 \$206,854.84
207 \$206,854.84 \$532.93 \$0.00 \$1,169.59 \$208,557.36
208 \$208,557.36 \$532.93 \$0.00 \$1,179.21 \$210,269.50
209 \$210,269.50 \$532.93 \$0.00 \$1,188.89 \$211,991.32
210 \$211,991.32 \$532.93 \$0.00 \$1,198.63 \$213,722.88
211 \$213,722.88 \$532.93 \$0.00 \$1,208.42 \$215,464.23
212 \$215,464.23 \$532.93 \$0.00 \$1,218.27 \$217,215.43
213 \$217,215.43 \$532.93 \$0.00 \$1,228.17 \$218,976.53
214 \$218,976.53 \$532.93 \$0.00 \$1,238.13 \$220,747.59
215 \$220,747.59 \$532.93 \$0.00 \$1,248.14 \$222,528.66
216 \$222,528.66 \$532.93 \$0.00 \$1,258.21 \$224,319.80
217 \$224,319.80 \$532.93 \$62,480.65 \$1,268.34 \$163,640.42
218 \$163,640.42 \$532.93 \$0.00 \$925.25 \$165,098.60
219 \$165,098.60 \$532.93 \$0.00 \$933.49 \$166,565.02
220 \$166,565.02 \$532.93 \$0.00 \$941.78 \$168,039.73
221 \$168,039.73 \$532.93 \$0.00 \$950.12 \$169,522.78
222 \$169,522.78 \$532.93 \$0.00 \$958.51 \$171,014.22
223 \$171,014.22 \$532.93 \$0.00 \$966.94 \$172,514.09
224 \$172,514.09 \$532.93 \$0.00 \$975.42 \$174,022.44
225 \$174,022.44 \$532.93 \$0.00 \$983.95 \$175,539.32
226 \$175,539.32 \$532.93 \$0.00 \$992.52 \$177,064.77
227 \$177,064.77 \$532.93 \$0.00 \$1,001.15 \$178,598.85
228 \$178,598.85 \$532.93 \$0.00 \$1,009.82 \$180,141.60
229 \$180,141.60 \$532.93 \$65,604.68 \$1,018.55 \$116,088.40
230 \$116,088.40 \$532.93 \$0.00 \$656.38 \$117,277.71
231 \$117,277.71 \$532.93 \$0.00 \$663.11 \$118,473.75
232 \$118,473.75 \$532.93 \$0.00 \$669.87 \$119,676.55
233 \$119,676.55 \$532.93 \$0.00 \$676.67 \$120,886.15
234 \$120,886.15 \$532.93 \$0.00 \$683.51 \$122,102.59
235 \$122,102.59 \$532.93 \$0.00 \$690.39 \$123,325.91
236 \$123,325.91 \$532.93 \$0.00 \$697.30 \$124,556.14
237 \$124,556.14 \$532.93 \$0.00 \$704.26 \$125,793.33
238 \$125,793.33 \$532.93 \$0.00 \$711.25 \$127,037.51
239 \$127,037.51 \$532.93 \$0.00 \$718.29 \$128,288.73
240 \$128,288.73 \$532.93 \$0.00 \$725.36 \$129,547.02
241 \$129,547.02 \$532.93 \$68,884.92 \$732.48 \$61,927.51
242 \$61,927.51 \$532.93 \$0.00 \$350.15 \$62,810.59
243 \$62,810.59 \$532.93 \$0.00 \$355.14 \$63,698.66
244 \$63,698.66 \$532.93 \$0.00 \$360.16 \$64,591.75
245 \$64,591.75 \$532.93 \$0.00 \$365.21 \$65,489.89
246 \$65,489.89 \$532.93 \$0.00 \$370.29 \$66,393.11
247 \$66,393.11 \$532.93 \$0.00 \$375.40 \$67,301.44
248 \$67,301.44 \$532.93 \$0.00 \$380.53 \$68,214.90
249 \$68,214.90 \$532.93 \$0.00 \$385.70 \$69,133.53
250 \$69,133.53 \$532.93 \$0.00 \$390.89 \$70,057.35
251 \$70,057.35 \$532.93 \$0.00 \$396.11 \$70,986.39
252 \$70,986.39 \$532.93 \$0.00 \$401.37 \$71,920.69
253 \$71,920.69 \$0.00 \$72,329.16 \$406.65 (\$1.82)