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.
Current Annual Cost | $26,210.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 4 |
Discover how much will you need to start saving now to afford Laurel University in the future.
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 |