Savings Plan and Future Cost Estimation for Laurel University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$98,331
Monthly savings required$777

How much will it cost to send your child to Laurel University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $393,325.78 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $777.13 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$26,210.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

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

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $777.13 $0.00 $0.00 $777.13
2 $777.13 $777.13 $0.00 $4.39 $1,558.65
3 $1,558.65 $777.13 $0.00 $8.81 $2,344.59
4 $2,344.59 $777.13 $0.00 $13.26 $3,134.98
5 $3,134.98 $777.13 $0.00 $17.73 $3,929.84
6 $3,929.84 $777.13 $0.00 $22.22 $4,729.19
7 $4,729.19 $777.13 $0.00 $26.74 $5,533.06
8 $5,533.06 $777.13 $0.00 $31.28 $6,341.47
9 $6,341.47 $777.13 $0.00 $35.86 $7,154.46
10 $7,154.46 $777.13 $0.00 $40.45 $7,972.04
11 $7,972.04 $777.13 $0.00 $45.08 $8,794.25
12 $8,794.25 $777.13 $0.00 $49.72 $9,621.10
13 $9,621.10 $777.13 $0.00 $54.40 $10,452.63
14 $10,452.63 $777.13 $0.00 $59.10 $11,288.86
15 $11,288.86 $777.13 $0.00 $63.83 $12,129.82
16 $12,129.82 $777.13 $0.00 $68.58 $12,975.53
17 $12,975.53 $777.13 $0.00 $73.37 $13,826.03
18 $13,826.03 $777.13 $0.00 $78.17 $14,681.33
19 $14,681.33 $777.13 $0.00 $83.01 $15,541.47
20 $15,541.47 $777.13 $0.00 $87.87 $16,406.47
21 $16,406.47 $777.13 $0.00 $92.76 $17,276.36
22 $17,276.36 $777.13 $0.00 $97.68 $18,151.17
23 $18,151.17 $777.13 $0.00 $102.63 $19,030.93
24 $19,030.93 $777.13 $0.00 $107.60 $19,915.66
25 $19,915.66 $777.13 $0.00 $112.61 $20,805.40
26 $20,805.40 $777.13 $0.00 $117.64 $21,700.17
27 $21,700.17 $777.13 $0.00 $122.70 $22,600.00
28 $22,600.00 $777.13 $0.00 $127.78 $23,504.91
29 $23,504.91 $777.13 $0.00 $132.90 $24,414.94
30 $24,414.94 $777.13 $0.00 $138.05 $25,330.12
31 $25,330.12 $777.13 $0.00 $143.22 $26,250.47
32 $26,250.47 $777.13 $0.00 $148.42 $27,176.02
33 $27,176.02 $777.13 $0.00 $153.66 $28,106.81
34 $28,106.81 $777.13 $0.00 $158.92 $29,042.86
35 $29,042.86 $777.13 $0.00 $164.21 $29,984.20
36 $29,984.20 $777.13 $0.00 $169.54 $30,930.87
37 $30,930.87 $777.13 $0.00 $174.89 $31,882.89
38 $31,882.89 $777.13 $0.00 $180.27 $32,840.29
39 $32,840.29 $777.13 $0.00 $185.68 $33,803.10
40 $33,803.10 $777.13 $0.00 $191.13 $34,771.36
41 $34,771.36 $777.13 $0.00 $196.60 $35,745.09
42 $35,745.09 $777.13 $0.00 $202.11 $36,724.33
43 $36,724.33 $777.13 $0.00 $207.64 $37,709.10
44 $37,709.10 $777.13 $0.00 $213.21 $38,699.44
45 $38,699.44 $777.13 $0.00 $218.81 $39,695.38
46 $39,695.38 $777.13 $0.00 $224.44 $40,696.95
47 $40,696.95 $777.13 $0.00 $230.11 $41,704.19
48 $41,704.19 $777.13 $0.00 $235.80 $42,717.12
49 $42,717.12 $777.13 $0.00 $241.53 $43,735.78
50 $43,735.78 $777.13 $0.00 $247.29 $44,760.20
51 $44,760.20 $777.13 $0.00 $253.08 $45,790.41
52 $45,790.41 $777.13 $0.00 $258.91 $46,826.45
53 $46,826.45 $777.13 $0.00 $264.76 $47,868.34
54 $47,868.34 $777.13 $0.00 $270.65 $48,916.12
55 $48,916.12 $777.13 $0.00 $276.58 $49,969.83
56 $49,969.83 $777.13 $0.00 $282.54 $51,029.50
57 $51,029.50 $777.13 $0.00 $288.53 $52,095.16
58 $52,095.16 $777.13 $0.00 $294.55 $53,166.84
59 $53,166.84 $777.13 $0.00 $300.61 $54,244.58
60 $54,244.58 $777.13 $0.00 $306.71 $55,328.42
61 $55,328.42 $777.13 $0.00 $312.83 $56,418.38
62 $56,418.38 $777.13 $0.00 $319.00 $57,514.51
63 $57,514.51 $777.13 $0.00 $325.20 $58,616.84
64 $58,616.84 $777.13 $0.00 $331.43 $59,725.40
65 $59,725.40 $777.13 $0.00 $337.70 $60,840.23
66 $60,840.23 $777.13 $0.00 $344.00 $61,961.36
67 $61,961.36 $777.13 $0.00 $350.34 $63,088.83
68 $63,088.83 $777.13 $0.00 $356.71 $64,222.67
69 $64,222.67 $777.13 $0.00 $363.12 $65,362.92
70 $65,362.92 $777.13 $0.00 $369.57 $66,509.62
71 $66,509.62 $777.13 $0.00 $376.06 $67,662.81
72 $67,662.81 $777.13 $0.00 $382.58 $68,822.52
73 $68,822.52 $777.13 $0.00 $389.13 $69,988.78
74 $69,988.78 $777.13 $0.00 $395.73 $71,161.64
75 $71,161.64 $777.13 $0.00 $402.36 $72,341.13
76 $72,341.13 $777.13 $0.00 $409.03 $73,527.29
77 $73,527.29 $777.13 $0.00 $415.73 $74,720.15
78 $74,720.15 $777.13 $0.00 $422.48 $75,919.76
79 $75,919.76 $777.13 $0.00 $429.26 $77,126.15
80 $77,126.15 $777.13 $0.00 $436.08 $78,339.36
81 $78,339.36 $777.13 $0.00 $442.94 $79,559.43
82 $79,559.43 $777.13 $0.00 $449.84 $80,786.40
83 $80,786.40 $777.13 $0.00 $456.78 $82,020.31
84 $82,020.31 $777.13 $0.00 $463.75 $83,261.19
85 $83,261.19 $777.13 $0.00 $470.77 $84,509.09
86 $84,509.09 $777.13 $0.00 $477.83 $85,764.05
87 $85,764.05 $777.13 $0.00 $484.92 $87,026.10
88 $87,026.10 $777.13 $0.00 $492.06 $88,295.29
89 $88,295.29 $777.13 $0.00 $499.23 $89,571.65
90 $89,571.65 $777.13 $0.00 $506.45 $90,855.23
91 $90,855.23 $777.13 $0.00 $513.71 $92,146.07
92 $92,146.07 $777.13 $0.00 $521.01 $93,444.21
93 $93,444.21 $777.13 $0.00 $528.35 $94,749.69
94 $94,749.69 $777.13 $0.00 $535.73 $96,062.55
95 $96,062.55 $777.13 $0.00 $543.15 $97,382.83
96 $97,382.83 $777.13 $0.00 $550.62 $98,710.58
97 $98,710.58 $777.13 $0.00 $558.12 $100,045.83
98 $100,045.83 $777.13 $0.00 $565.67 $101,388.63
99 $101,388.63 $777.13 $0.00 $573.27 $102,739.03
100 $102,739.03 $777.13 $0.00 $580.90 $104,097.06
101 $104,097.06 $777.13 $0.00 $588.58 $105,462.77
102 $105,462.77 $777.13 $0.00 $596.30 $106,836.20
103 $106,836.20 $777.13 $0.00 $604.07 $108,217.40
104 $108,217.40 $777.13 $0.00 $611.88 $109,606.41
105 $109,606.41 $777.13 $0.00 $619.73 $111,003.27
106 $111,003.27 $777.13 $0.00 $627.63 $112,408.03
107 $112,408.03 $777.13 $0.00 $635.57 $113,820.73
108 $113,820.73 $777.13 $0.00 $643.56 $115,241.42
109 $115,241.42 $777.13 $0.00 $651.59 $116,670.14
110 $116,670.14 $777.13 $0.00 $659.67 $118,106.94
111 $118,106.94 $777.13 $0.00 $667.79 $119,551.86
112 $119,551.86 $777.13 $0.00 $675.96 $121,004.95
113 $121,004.95 $777.13 $0.00 $684.18 $122,466.26
114 $122,466.26 $777.13 $0.00 $692.44 $123,935.83
115 $123,935.83 $777.13 $0.00 $700.75 $125,413.71
116 $125,413.71 $777.13 $0.00 $709.11 $126,899.95
117 $126,899.95 $777.13 $0.00 $717.51 $128,394.59
118 $128,394.59 $777.13 $0.00 $725.96 $129,897.68
119 $129,897.68 $777.13 $0.00 $734.46 $131,409.27
120 $131,409.27 $777.13 $0.00 $743.01 $132,929.41
121 $132,929.41 $777.13 $0.00 $751.60 $134,458.14
122 $134,458.14 $777.13 $0.00 $760.25 $135,995.52
123 $135,995.52 $777.13 $0.00 $768.94 $137,541.59
124 $137,541.59 $777.13 $0.00 $777.68 $139,096.40
125 $139,096.40 $777.13 $0.00 $786.47 $140,660.00
126 $140,660.00 $777.13 $0.00 $795.31 $142,232.44
127 $142,232.44 $777.13 $0.00 $804.20 $143,813.77
128 $143,813.77 $777.13 $0.00 $813.14 $145,404.04
129 $145,404.04 $777.13 $0.00 $822.14 $147,003.31
130 $147,003.31 $777.13 $0.00 $831.18 $148,611.62
131 $148,611.62 $777.13 $0.00 $840.27 $150,229.02
132 $150,229.02 $777.13 $0.00 $849.42 $151,855.57
133 $151,855.57 $777.13 $0.00 $858.61 $153,491.31
134 $153,491.31 $777.13 $0.00 $867.86 $155,136.30
135 $155,136.30 $777.13 $0.00 $877.16 $156,790.59
136 $156,790.59 $777.13 $0.00 $886.52 $158,454.24
137 $158,454.24 $777.13 $0.00 $895.92 $160,127.29
138 $160,127.29 $777.13 $0.00 $905.38 $161,809.80
139 $161,809.80 $777.13 $0.00 $914.90 $163,501.83
140 $163,501.83 $777.13 $0.00 $924.46 $165,203.42
141 $165,203.42 $777.13 $0.00 $934.08 $166,914.63
142 $166,914.63 $777.13 $0.00 $943.76 $168,635.52
143 $168,635.52 $777.13 $0.00 $953.49 $170,366.14
144 $170,366.14 $777.13 $0.00 $963.27 $172,106.54
145 $172,106.54 $777.13 $0.00 $973.12 $173,856.79
146 $173,856.79 $777.13 $0.00 $983.01 $175,616.93
147 $175,616.93 $777.13 $0.00 $992.96 $177,387.02
148 $177,387.02 $777.13 $0.00 $1,002.97 $179,167.12
149 $179,167.12 $777.13 $0.00 $1,013.04 $180,957.29
150 $180,957.29 $777.13 $0.00 $1,023.16 $182,757.58
151 $182,757.58 $777.13 $0.00 $1,033.34 $184,568.05
152 $184,568.05 $777.13 $0.00 $1,043.57 $186,388.75
153 $186,388.75 $777.13 $0.00 $1,053.87 $188,219.75
154 $188,219.75 $777.13 $0.00 $1,064.22 $190,061.10
155 $190,061.10 $777.13 $0.00 $1,074.63 $191,912.86
156 $191,912.86 $777.13 $0.00 $1,085.10 $193,775.09
157 $193,775.09 $777.13 $0.00 $1,095.63 $195,647.85
158 $195,647.85 $777.13 $0.00 $1,106.22 $197,531.20
159 $197,531.20 $777.13 $0.00 $1,116.87 $199,425.20
160 $199,425.20 $777.13 $0.00 $1,127.58 $201,329.91
161 $201,329.91 $777.13 $0.00 $1,138.35 $203,245.39
162 $203,245.39 $777.13 $0.00 $1,149.18 $205,171.70
163 $205,171.70 $777.13 $0.00 $1,160.07 $207,108.90
164 $207,108.90 $777.13 $0.00 $1,171.02 $209,057.05
165 $209,057.05 $777.13 $0.00 $1,182.04 $211,016.22
166 $211,016.22 $777.13 $0.00 $1,193.12 $212,986.47
167 $212,986.47 $777.13 $0.00 $1,204.26 $214,967.86
168 $214,967.86 $777.13 $0.00 $1,215.46 $216,960.45
169 $216,960.45 $777.13 $0.00 $1,226.73 $218,964.31
170 $218,964.31 $777.13 $0.00 $1,238.06 $220,979.50
171 $220,979.50 $777.13 $0.00 $1,249.45 $223,006.08
172 $223,006.08 $777.13 $0.00 $1,260.91 $225,044.12
173 $225,044.12 $777.13 $0.00 $1,272.43 $227,093.68
174 $227,093.68 $777.13 $0.00 $1,284.02 $229,154.83
175 $229,154.83 $777.13 $0.00 $1,295.67 $231,227.63
176 $231,227.63 $777.13 $0.00 $1,307.39 $233,312.15
177 $233,312.15 $777.13 $0.00 $1,319.18 $235,408.46
178 $235,408.46 $777.13 $0.00 $1,331.03 $237,516.62
179 $237,516.62 $777.13 $0.00 $1,342.95 $239,636.70
180 $239,636.70 $777.13 $0.00 $1,354.94 $241,768.77
181 $241,768.77 $777.13 $0.00 $1,367.00 $243,912.90
182 $243,912.90 $777.13 $0.00 $1,379.12 $246,069.15
183 $246,069.15 $777.13 $0.00 $1,391.31 $248,237.59
184 $248,237.59 $777.13 $0.00 $1,403.57 $250,418.29
185 $250,418.29 $777.13 $0.00 $1,415.90 $252,611.32
186 $252,611.32 $777.13 $0.00 $1,428.30 $254,816.75
187 $254,816.75 $777.13 $0.00 $1,440.77 $257,034.65
188 $257,034.65 $777.13 $0.00 $1,453.31 $259,265.09
189 $259,265.09 $777.13 $0.00 $1,465.92 $261,508.14
190 $261,508.14 $777.13 $0.00 $1,478.61 $263,763.88
191 $263,763.88 $777.13 $0.00 $1,491.36 $266,032.37
192 $266,032.37 $777.13 $0.00 $1,504.19 $268,313.69
193 $268,313.69 $777.13 $0.00 $1,517.08 $270,607.90
194 $270,607.90 $777.13 $0.00 $1,530.06 $272,915.09
195 $272,915.09 $777.13 $0.00 $1,543.10 $275,235.32
196 $275,235.32 $777.13 $0.00 $1,556.22 $277,568.67
197 $277,568.67 $777.13 $0.00 $1,569.41 $279,915.21
198 $279,915.21 $777.13 $0.00 $1,582.68 $282,275.02
199 $282,275.02 $777.13 $0.00 $1,596.02 $284,648.17
200 $284,648.17 $777.13 $0.00 $1,609.44 $287,034.74
201 $287,034.74 $777.13 $0.00 $1,622.94 $289,434.81
202 $289,434.81 $777.13 $0.00 $1,636.51 $291,848.45
203 $291,848.45 $777.13 $0.00 $1,650.15 $294,275.73
204 $294,275.73 $777.13 $0.00 $1,663.88 $296,716.74
205 $296,716.74 $777.13 $0.00 $1,677.68 $299,171.55
206 $299,171.55 $777.13 $0.00 $1,691.56 $301,640.24
207 $301,640.24 $777.13 $0.00 $1,705.52 $304,122.89
208 $304,122.89 $777.13 $0.00 $1,719.56 $306,619.58
209 $306,619.58 $777.13 $0.00 $1,733.67 $309,130.38
210 $309,130.38 $777.13 $0.00 $1,747.87 $311,655.38
211 $311,655.38 $777.13 $0.00 $1,762.14 $314,194.65
212 $314,194.65 $777.13 $0.00 $1,776.50 $316,748.28
213 $316,748.28 $777.13 $0.00 $1,790.94 $319,316.35
214 $319,316.35 $777.13 $0.00 $1,805.46 $321,898.94
215 $321,898.94 $777.13 $0.00 $1,820.06 $324,496.13
216 $324,496.13 $777.13 $0.00 $1,834.75 $327,108.01
217 $327,108.01 $777.13 $88,588.02 $1,849.52 $241,146.64
218 $241,146.64 $777.13 $0.00 $1,363.48 $243,287.25
219 $243,287.25 $777.13 $0.00 $1,375.58 $245,439.96
220 $245,439.96 $777.13 $0.00 $1,387.75 $247,604.84
221 $247,604.84 $777.13 $0.00 $1,399.99 $249,781.96
222 $249,781.96 $777.13 $0.00 $1,412.30 $251,971.39
223 $251,971.39 $777.13 $0.00 $1,424.68 $254,173.20
224 $254,173.20 $777.13 $0.00 $1,437.13 $256,387.46
225 $256,387.46 $777.13 $0.00 $1,449.65 $258,614.24
226 $258,614.24 $777.13 $0.00 $1,462.24 $260,853.61
227 $260,853.61 $777.13 $0.00 $1,474.90 $263,105.64
228 $263,105.64 $777.13 $0.00 $1,487.64 $265,370.41
229 $265,370.41 $777.13 $94,789.19 $1,500.44 $172,858.79
230 $172,858.79 $777.13 $0.00 $977.37 $174,613.29
231 $174,613.29 $777.13 $0.00 $987.29 $176,377.71
232 $176,377.71 $777.13 $0.00 $997.27 $178,152.11
233 $178,152.11 $777.13 $0.00 $1,007.30 $179,936.54
234 $179,936.54 $777.13 $0.00 $1,017.39 $181,731.06
235 $181,731.06 $777.13 $0.00 $1,027.53 $183,535.72
236 $183,535.72 $777.13 $0.00 $1,037.74 $185,350.59
237 $185,350.59 $777.13 $0.00 $1,048.00 $187,175.72
238 $187,175.72 $777.13 $0.00 $1,058.32 $189,011.17
239 $189,011.17 $777.13 $0.00 $1,068.70 $190,857.00
240 $190,857.00 $777.13 $0.00 $1,079.13 $192,713.26
241 $192,713.26 $777.13 $101,424.43 $1,089.63 $93,155.59
242 $93,155.59 $777.13 $0.00 $526.72 $94,459.44
243 $94,459.44 $777.13 $0.00 $534.09 $95,770.66
244 $95,770.66 $777.13 $0.00 $541.50 $97,089.29
245 $97,089.29 $777.13 $0.00 $548.96 $98,415.38
246 $98,415.38 $777.13 $0.00 $556.45 $99,748.96
247 $99,748.96 $777.13 $0.00 $564.00 $101,090.09
248 $101,090.09 $777.13 $0.00 $571.58 $102,438.80
249 $102,438.80 $777.13 $0.00 $579.20 $103,795.13
250 $103,795.13 $777.13 $0.00 $586.87 $105,159.13
251 $105,159.13 $777.13 $0.00 $594.59 $106,530.85
252 $106,530.85 $777.13 $0.00 $602.34 $107,910.32
253 $107,910.32 $0.00 $108,524.14 $610.14 -$3.68