## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2038 \$69,093 Monthly savings required \$547

How much will it cost to send your child to California University of Pennsylvania in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$276,373.68 for students enrolling in 2038 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$546.93 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 \$26,644.00 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 California University of Pennsylvania in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$546.93 \$0.00 \$0.00 \$546.93
2 \$546.93 \$546.93 \$0.00 \$3.09 \$1,096.95
3 \$1,096.95 \$546.93 \$0.00 \$6.20 \$1,650.08
4 \$1,650.08 \$546.93 \$0.00 \$9.33 \$2,206.34
5 \$2,206.34 \$546.93 \$0.00 \$12.47 \$2,765.74
6 \$2,765.74 \$546.93 \$0.00 \$15.64 \$3,328.31
7 \$3,328.31 \$546.93 \$0.00 \$18.82 \$3,894.06
8 \$3,894.06 \$546.93 \$0.00 \$22.02 \$4,463.01
9 \$4,463.01 \$546.93 \$0.00 \$25.23 \$5,035.17
10 \$5,035.17 \$546.93 \$0.00 \$28.47 \$5,610.57
11 \$5,610.57 \$546.93 \$0.00 \$31.72 \$6,189.22
12 \$6,189.22 \$546.93 \$0.00 \$34.99 \$6,771.14
13 \$6,771.14 \$546.93 \$0.00 \$38.29 \$7,356.36
14 \$7,356.36 \$546.93 \$0.00 \$41.59 \$7,944.88
15 \$7,944.88 \$546.93 \$0.00 \$44.92 \$8,536.73
16 \$8,536.73 \$546.93 \$0.00 \$48.27 \$9,131.93
17 \$9,131.93 \$546.93 \$0.00 \$51.63 \$9,730.49
18 \$9,730.49 \$546.93 \$0.00 \$55.02 \$10,332.44
19 \$10,332.44 \$546.93 \$0.00 \$58.42 \$10,937.79
20 \$10,937.79 \$546.93 \$0.00 \$61.84 \$11,546.56
21 \$11,546.56 \$546.93 \$0.00 \$65.29 \$12,158.78
22 \$12,158.78 \$546.93 \$0.00 \$68.75 \$12,774.46
23 \$12,774.46 \$546.93 \$0.00 \$72.23 \$13,393.62
24 \$13,393.62 \$546.93 \$0.00 \$75.73 \$14,016.28
25 \$14,016.28 \$546.93 \$0.00 \$79.25 \$14,642.46
26 \$14,642.46 \$546.93 \$0.00 \$82.79 \$15,272.18
27 \$15,272.18 \$546.93 \$0.00 \$86.35 \$15,905.46
28 \$15,905.46 \$546.93 \$0.00 \$89.93 \$16,542.32
29 \$16,542.32 \$546.93 \$0.00 \$93.53 \$17,182.78
30 \$17,182.78 \$546.93 \$0.00 \$97.15 \$17,826.86
31 \$17,826.86 \$546.93 \$0.00 \$100.80 \$18,474.59
32 \$18,474.59 \$546.93 \$0.00 \$104.46 \$19,125.98
33 \$19,125.98 \$546.93 \$0.00 \$108.14 \$19,781.05
34 \$19,781.05 \$546.93 \$0.00 \$111.84 \$20,439.82
35 \$20,439.82 \$546.93 \$0.00 \$115.57 \$21,102.32
36 \$21,102.32 \$546.93 \$0.00 \$119.32 \$21,768.57
37 \$21,768.57 \$546.93 \$0.00 \$123.08 \$22,438.58
38 \$22,438.58 \$546.93 \$0.00 \$126.87 \$23,112.38
39 \$23,112.38 \$546.93 \$0.00 \$130.68 \$23,789.99
40 \$23,789.99 \$546.93 \$0.00 \$134.51 \$24,471.43
41 \$24,471.43 \$546.93 \$0.00 \$138.37 \$25,156.73
42 \$25,156.73 \$546.93 \$0.00 \$142.24 \$25,845.90
43 \$25,845.90 \$546.93 \$0.00 \$146.14 \$26,538.97
44 \$26,538.97 \$546.93 \$0.00 \$150.06 \$27,235.96
45 \$27,235.96 \$546.93 \$0.00 \$154.00 \$27,936.89
46 \$27,936.89 \$546.93 \$0.00 \$157.96 \$28,641.78
47 \$28,641.78 \$546.93 \$0.00 \$161.94 \$29,350.65
48 \$29,350.65 \$546.93 \$0.00 \$165.95 \$30,063.53
49 \$30,063.53 \$546.93 \$0.00 \$169.98 \$30,780.44
50 \$30,780.44 \$546.93 \$0.00 \$174.04 \$31,501.41
51 \$31,501.41 \$546.93 \$0.00 \$178.11 \$32,226.45
52 \$32,226.45 \$546.93 \$0.00 \$182.21 \$32,955.59
53 \$32,955.59 \$546.93 \$0.00 \$186.34 \$33,688.86
54 \$33,688.86 \$546.93 \$0.00 \$190.48 \$34,426.27
55 \$34,426.27 \$546.93 \$0.00 \$194.65 \$35,167.85
56 \$35,167.85 \$546.93 \$0.00 \$198.84 \$35,913.62
57 \$35,913.62 \$546.93 \$0.00 \$203.06 \$36,663.61
58 \$36,663.61 \$546.93 \$0.00 \$207.30 \$37,417.84
59 \$37,417.84 \$546.93 \$0.00 \$211.57 \$38,176.34
60 \$38,176.34 \$546.93 \$0.00 \$215.85 \$38,939.12
61 \$38,939.12 \$546.93 \$0.00 \$220.17 \$39,706.22
62 \$39,706.22 \$546.93 \$0.00 \$224.50 \$40,477.65
63 \$40,477.65 \$546.93 \$0.00 \$228.87 \$41,253.45
64 \$41,253.45 \$546.93 \$0.00 \$233.25 \$42,033.63
65 \$42,033.63 \$546.93 \$0.00 \$237.66 \$42,818.22
66 \$42,818.22 \$546.93 \$0.00 \$242.10 \$43,607.25
67 \$43,607.25 \$546.93 \$0.00 \$246.56 \$44,400.74
68 \$44,400.74 \$546.93 \$0.00 \$251.05 \$45,198.72
69 \$45,198.72 \$546.93 \$0.00 \$255.56 \$46,001.21
70 \$46,001.21 \$546.93 \$0.00 \$260.10 \$46,808.24
71 \$46,808.24 \$546.93 \$0.00 \$264.66 \$47,619.83
72 \$47,619.83 \$546.93 \$0.00 \$269.25 \$48,436.01
73 \$48,436.01 \$546.93 \$0.00 \$273.86 \$49,256.80
74 \$49,256.80 \$546.93 \$0.00 \$278.51 \$50,082.24
75 \$50,082.24 \$546.93 \$0.00 \$283.17 \$50,912.34
76 \$50,912.34 \$546.93 \$0.00 \$287.87 \$51,747.14
77 \$51,747.14 \$546.93 \$0.00 \$292.59 \$52,586.66
78 \$52,586.66 \$546.93 \$0.00 \$297.33 \$53,430.92
79 \$53,430.92 \$546.93 \$0.00 \$302.11 \$54,279.96
80 \$54,279.96 \$546.93 \$0.00 \$306.91 \$55,133.80
81 \$55,133.80 \$546.93 \$0.00 \$311.73 \$55,992.46
82 \$55,992.46 \$546.93 \$0.00 \$316.59 \$56,855.98
83 \$56,855.98 \$546.93 \$0.00 \$321.47 \$57,724.38
84 \$57,724.38 \$546.93 \$0.00 \$326.38 \$58,597.69
85 \$58,597.69 \$546.93 \$0.00 \$331.32 \$59,475.94
86 \$59,475.94 \$546.93 \$0.00 \$336.29 \$60,359.16
87 \$60,359.16 \$546.93 \$0.00 \$341.28 \$61,247.37
88 \$61,247.37 \$546.93 \$0.00 \$346.30 \$62,140.60
89 \$62,140.60 \$546.93 \$0.00 \$351.35 \$63,038.88
90 \$63,038.88 \$546.93 \$0.00 \$356.43 \$63,942.24
91 \$63,942.24 \$546.93 \$0.00 \$361.54 \$64,850.71
92 \$64,850.71 \$546.93 \$0.00 \$366.68 \$65,764.32
93 \$65,764.32 \$546.93 \$0.00 \$371.84 \$66,683.09
94 \$66,683.09 \$546.93 \$0.00 \$377.04 \$67,607.06
95 \$67,607.06 \$546.93 \$0.00 \$382.26 \$68,536.25
96 \$68,536.25 \$546.93 \$0.00 \$387.51 \$69,470.69
97 \$69,470.69 \$546.93 \$0.00 \$392.80 \$70,410.42
98 \$70,410.42 \$546.93 \$0.00 \$398.11 \$71,355.46
99 \$71,355.46 \$546.93 \$0.00 \$403.45 \$72,305.84
100 \$72,305.84 \$546.93 \$0.00 \$408.83 \$73,261.60
101 \$73,261.60 \$546.93 \$0.00 \$414.23 \$74,222.76
102 \$74,222.76 \$546.93 \$0.00 \$419.67 \$75,189.36
103 \$75,189.36 \$546.93 \$0.00 \$425.13 \$76,161.42
104 \$76,161.42 \$546.93 \$0.00 \$430.63 \$77,138.98
105 \$77,138.98 \$546.93 \$0.00 \$436.16 \$78,122.07
106 \$78,122.07 \$546.93 \$0.00 \$441.71 \$79,110.71
107 \$79,110.71 \$546.93 \$0.00 \$447.30 \$80,104.94
108 \$80,104.94 \$546.93 \$0.00 \$452.92 \$81,104.79
109 \$81,104.79 \$546.93 \$0.00 \$458.58 \$82,110.30
110 \$82,110.30 \$546.93 \$0.00 \$464.26 \$83,121.49
111 \$83,121.49 \$546.93 \$0.00 \$469.98 \$84,138.40
112 \$84,138.40 \$546.93 \$0.00 \$475.73 \$85,161.06
113 \$85,161.06 \$546.93 \$0.00 \$481.51 \$86,189.50
114 \$86,189.50 \$546.93 \$0.00 \$487.33 \$87,223.76
115 \$87,223.76 \$546.93 \$0.00 \$493.18 \$88,263.87
116 \$88,263.87 \$546.93 \$0.00 \$499.06 \$89,309.86
117 \$89,309.86 \$546.93 \$0.00 \$504.97 \$90,361.76
118 \$90,361.76 \$546.93 \$0.00 \$510.92 \$91,419.61
119 \$91,419.61 \$546.93 \$0.00 \$516.90 \$92,483.44
120 \$92,483.44 \$546.93 \$0.00 \$522.91 \$93,553.28
121 \$93,553.28 \$546.93 \$0.00 \$528.96 \$94,629.17
122 \$94,629.17 \$546.93 \$0.00 \$535.05 \$95,711.15
123 \$95,711.15 \$546.93 \$0.00 \$541.16 \$96,799.24
124 \$96,799.24 \$546.93 \$0.00 \$547.32 \$97,893.49
125 \$97,893.49 \$546.93 \$0.00 \$553.50 \$98,993.92
126 \$98,993.92 \$546.93 \$0.00 \$559.73 \$100,100.58
127 \$100,100.58 \$546.93 \$0.00 \$565.98 \$101,213.49
128 \$101,213.49 \$546.93 \$0.00 \$572.28 \$102,332.70
129 \$102,332.70 \$546.93 \$0.00 \$578.60 \$103,458.23
130 \$103,458.23 \$546.93 \$0.00 \$584.97 \$104,590.13
131 \$104,590.13 \$546.93 \$0.00 \$591.37 \$105,728.43
132 \$105,728.43 \$546.93 \$0.00 \$597.80 \$106,873.16
133 \$106,873.16 \$546.93 \$0.00 \$604.28 \$108,024.37
134 \$108,024.37 \$546.93 \$0.00 \$610.79 \$109,182.09
135 \$109,182.09 \$546.93 \$0.00 \$617.33 \$110,346.35
136 \$110,346.35 \$546.93 \$0.00 \$623.91 \$111,517.19
137 \$111,517.19 \$546.93 \$0.00 \$630.53 \$112,694.65
138 \$112,694.65 \$546.93 \$0.00 \$637.19 \$113,878.77
139 \$113,878.77 \$546.93 \$0.00 \$643.89 \$115,069.59
140 \$115,069.59 \$546.93 \$0.00 \$650.62 \$116,267.14
141 \$116,267.14 \$546.93 \$0.00 \$657.39 \$117,471.46
142 \$117,471.46 \$546.93 \$0.00 \$664.20 \$118,682.59
143 \$118,682.59 \$546.93 \$0.00 \$671.05 \$119,900.57
144 \$119,900.57 \$546.93 \$0.00 \$677.94 \$121,125.44
145 \$121,125.44 \$546.93 \$0.00 \$684.86 \$122,357.23
146 \$122,357.23 \$546.93 \$0.00 \$691.83 \$123,595.99
147 \$123,595.99 \$546.93 \$0.00 \$698.83 \$124,841.75
148 \$124,841.75 \$546.93 \$0.00 \$705.87 \$126,094.55
149 \$126,094.55 \$546.93 \$0.00 \$712.96 \$127,354.44
150 \$127,354.44 \$546.93 \$0.00 \$720.08 \$128,621.45
151 \$128,621.45 \$546.93 \$0.00 \$727.24 \$129,895.62
152 \$129,895.62 \$546.93 \$0.00 \$734.45 \$131,177.00
153 \$131,177.00 \$546.93 \$0.00 \$741.69 \$132,465.62
154 \$132,465.62 \$546.93 \$0.00 \$748.98 \$133,761.53
155 \$133,761.53 \$546.93 \$0.00 \$756.31 \$135,064.77
156 \$135,064.77 \$546.93 \$0.00 \$763.68 \$136,375.38
157 \$136,375.38 \$546.93 \$0.00 \$771.09 \$137,693.40
158 \$137,693.40 \$546.93 \$0.00 \$778.54 \$139,018.87
159 \$139,018.87 \$546.93 \$0.00 \$786.03 \$140,351.83
160 \$140,351.83 \$546.93 \$0.00 \$793.57 \$141,692.33
161 \$141,692.33 \$546.93 \$0.00 \$801.15 \$143,040.41
162 \$143,040.41 \$546.93 \$0.00 \$808.77 \$144,396.11
163 \$144,396.11 \$546.93 \$0.00 \$816.44 \$145,759.48
164 \$145,759.48 \$546.93 \$0.00 \$824.15 \$147,130.56
165 \$147,130.56 \$546.93 \$0.00 \$831.90 \$148,509.39
166 \$148,509.39 \$546.93 \$0.00 \$839.69 \$149,896.01
167 \$149,896.01 \$546.93 \$0.00 \$847.53 \$151,290.47
168 \$151,290.47 \$546.93 \$0.00 \$855.42 \$152,692.82
169 \$152,692.82 \$546.93 \$0.00 \$863.35 \$154,103.10
170 \$154,103.10 \$546.93 \$0.00 \$871.32 \$155,521.35
171 \$155,521.35 \$546.93 \$0.00 \$879.34 \$156,947.62
172 \$156,947.62 \$546.93 \$0.00 \$887.40 \$158,381.95
173 \$158,381.95 \$546.93 \$0.00 \$895.51 \$159,824.39
174 \$159,824.39 \$546.93 \$0.00 \$903.67 \$161,274.99
175 \$161,274.99 \$546.93 \$0.00 \$911.87 \$162,733.79
176 \$162,733.79 \$546.93 \$0.00 \$920.12 \$164,200.84
177 \$164,200.84 \$546.93 \$0.00 \$928.42 \$165,676.19
178 \$165,676.19 \$546.93 \$0.00 \$936.76 \$167,159.88
179 \$167,159.88 \$546.93 \$0.00 \$945.15 \$168,651.96
180 \$168,651.96 \$546.93 \$0.00 \$953.58 \$170,152.47
181 \$170,152.47 \$546.93 \$0.00 \$962.07 \$171,661.47
182 \$171,661.47 \$546.93 \$0.00 \$970.60 \$173,179.00
183 \$173,179.00 \$546.93 \$0.00 \$979.18 \$174,705.11
184 \$174,705.11 \$546.93 \$0.00 \$987.81 \$176,239.85
185 \$176,239.85 \$546.93 \$0.00 \$996.49 \$177,783.27
186 \$177,783.27 \$546.93 \$0.00 \$1,005.21 \$179,335.41
187 \$179,335.41 \$546.93 \$0.00 \$1,013.99 \$180,896.33
188 \$180,896.33 \$546.93 \$0.00 \$1,022.81 \$182,466.07
189 \$182,466.07 \$546.93 \$0.00 \$1,031.69 \$184,044.69
190 \$184,044.69 \$546.93 \$0.00 \$1,040.62 \$185,632.24
191 \$185,632.24 \$546.93 \$0.00 \$1,049.59 \$187,228.76
192 \$187,228.76 \$546.93 \$0.00 \$1,058.62 \$188,834.31
193 \$188,834.31 \$546.93 \$0.00 \$1,067.70 \$190,448.94
194 \$190,448.94 \$546.93 \$0.00 \$1,076.83 \$192,072.70
195 \$192,072.70 \$546.93 \$0.00 \$1,086.01 \$193,705.64
196 \$193,705.64 \$546.93 \$0.00 \$1,095.24 \$195,347.81
197 \$195,347.81 \$546.93 \$0.00 \$1,104.52 \$196,999.26
198 \$196,999.26 \$546.93 \$0.00 \$1,113.86 \$198,660.05
199 \$198,660.05 \$546.93 \$0.00 \$1,123.25 \$200,330.23
200 \$200,330.23 \$546.93 \$0.00 \$1,132.70 \$202,009.86
201 \$202,009.86 \$546.93 \$0.00 \$1,142.19 \$203,698.98
202 \$203,698.98 \$546.93 \$0.00 \$1,151.74 \$205,397.65
203 \$205,397.65 \$546.93 \$0.00 \$1,161.35 \$207,105.93
204 \$207,105.93 \$546.93 \$0.00 \$1,171.01 \$208,823.87
205 \$208,823.87 \$546.93 \$0.00 \$1,180.72 \$210,551.52
206 \$210,551.52 \$546.93 \$0.00 \$1,190.49 \$212,288.94
207 \$212,288.94 \$546.93 \$0.00 \$1,200.31 \$214,036.18
208 \$214,036.18 \$546.93 \$0.00 \$1,210.19 \$215,793.30
209 \$215,793.30 \$546.93 \$0.00 \$1,220.13 \$217,560.36
210 \$217,560.36 \$546.93 \$0.00 \$1,230.12 \$219,337.41
211 \$219,337.41 \$546.93 \$0.00 \$1,240.17 \$221,124.51
212 \$221,124.51 \$546.93 \$0.00 \$1,250.27 \$222,921.71
213 \$222,921.71 \$546.93 \$0.00 \$1,260.43 \$224,729.07
214 \$224,729.07 \$546.93 \$0.00 \$1,270.65 \$226,546.65
215 \$226,546.65 \$546.93 \$0.00 \$1,280.93 \$228,374.51
216 \$228,374.51 \$546.93 \$0.00 \$1,291.26 \$230,212.70
217 \$230,212.70 \$546.93 \$64,121.96 \$1,301.66 \$167,939.33
218 \$167,939.33 \$546.93 \$0.00 \$949.55 \$169,435.81
219 \$169,435.81 \$546.93 \$0.00 \$958.01 \$170,940.75
220 \$170,940.75 \$546.93 \$0.00 \$966.52 \$172,454.20
221 \$172,454.20 \$546.93 \$0.00 \$975.08 \$173,976.21
222 \$173,976.21 \$546.93 \$0.00 \$983.69 \$175,506.83
223 \$175,506.83 \$546.93 \$0.00 \$992.34 \$177,046.10
224 \$177,046.10 \$546.93 \$0.00 \$1,001.04 \$178,594.07
225 \$178,594.07 \$546.93 \$0.00 \$1,009.80 \$180,150.80
226 \$180,150.80 \$546.93 \$0.00 \$1,018.60 \$181,716.33
227 \$181,716.33 \$546.93 \$0.00 \$1,027.45 \$183,290.71
228 \$183,290.71 \$546.93 \$0.00 \$1,036.35 \$184,873.99
229 \$184,873.99 \$546.93 \$67,328.06 \$1,045.30 \$119,138.16
230 \$119,138.16 \$546.93 \$0.00 \$673.62 \$120,358.71
231 \$120,358.71 \$546.93 \$0.00 \$680.53 \$121,586.17
232 \$121,586.17 \$546.93 \$0.00 \$687.47 \$122,820.57
233 \$122,820.57 \$546.93 \$0.00 \$694.45 \$124,061.95
234 \$124,061.95 \$546.93 \$0.00 \$701.46 \$125,310.34
235 \$125,310.34 \$546.93 \$0.00 \$708.52 \$126,565.79
236 \$126,565.79 \$546.93 \$0.00 \$715.62 \$127,828.34
237 \$127,828.34 \$546.93 \$0.00 \$722.76 \$129,098.03
238 \$129,098.03 \$546.93 \$0.00 \$729.94 \$130,374.90
239 \$130,374.90 \$546.93 \$0.00 \$737.16 \$131,658.99
240 \$131,658.99 \$546.93 \$0.00 \$744.42 \$132,950.34
241 \$132,950.34 \$546.93 \$70,694.46 \$751.72 \$63,554.53
242 \$63,554.53 \$546.93 \$0.00 \$359.35 \$64,460.81
243 \$64,460.81 \$546.93 \$0.00 \$364.47 \$65,372.21
244 \$65,372.21 \$546.93 \$0.00 \$369.62 \$66,288.76
245 \$66,288.76 \$546.93 \$0.00 \$374.81 \$67,210.50
246 \$67,210.50 \$546.93 \$0.00 \$380.02 \$68,137.45
247 \$68,137.45 \$546.93 \$0.00 \$385.26 \$69,069.64
248 \$69,069.64 \$546.93 \$0.00 \$390.53 \$70,007.10
249 \$70,007.10 \$546.93 \$0.00 \$395.83 \$70,949.86
250 \$70,949.86 \$546.93 \$0.00 \$401.16 \$71,897.95
251 \$71,897.95 \$546.93 \$0.00 \$406.52 \$72,851.40
252 \$72,851.40 \$546.93 \$0.00 \$411.91 \$73,810.24
253 \$73,810.24 \$0.00 \$74,229.19 \$417.33 (\$1.62)