Savings Plan and Future Cost Estimation for Penn State Brandywine

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$133,927
Monthly savings required$1,058

How much will it cost to send your child to Penn State Brandywine in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $535,709.41 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,058.45 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$35,698.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,058.45 $0.00 $0.00 $1,058.45
2 $1,058.45 $1,058.45 $0.00 $5.98 $2,122.88
3 $2,122.88 $1,058.45 $0.00 $12.00 $3,193.33
4 $3,193.33 $1,058.45 $0.00 $18.06 $4,269.84
5 $4,269.84 $1,058.45 $0.00 $24.14 $5,352.43
6 $5,352.43 $1,058.45 $0.00 $30.26 $6,441.14
7 $6,441.14 $1,058.45 $0.00 $36.42 $7,536.01
8 $7,536.01 $1,058.45 $0.00 $42.61 $8,637.07
9 $8,637.07 $1,058.45 $0.00 $48.84 $9,744.36
10 $9,744.36 $1,058.45 $0.00 $55.10 $10,857.91
11 $10,857.91 $1,058.45 $0.00 $61.39 $11,977.75
12 $11,977.75 $1,058.45 $0.00 $67.72 $13,103.92
13 $13,103.92 $1,058.45 $0.00 $74.09 $14,236.46
14 $14,236.46 $1,058.45 $0.00 $80.50 $15,375.41
15 $15,375.41 $1,058.45 $0.00 $86.93 $16,520.79
16 $16,520.79 $1,058.45 $0.00 $93.41 $17,672.65
17 $17,672.65 $1,058.45 $0.00 $99.92 $18,831.02
18 $18,831.02 $1,058.45 $0.00 $106.47 $19,995.94
19 $19,995.94 $1,058.45 $0.00 $113.06 $21,167.45
20 $21,167.45 $1,058.45 $0.00 $119.68 $22,345.58
21 $22,345.58 $1,058.45 $0.00 $126.35 $23,530.38
22 $23,530.38 $1,058.45 $0.00 $133.04 $24,721.87
23 $24,721.87 $1,058.45 $0.00 $139.78 $25,920.10
24 $25,920.10 $1,058.45 $0.00 $146.56 $27,125.11
25 $27,125.11 $1,058.45 $0.00 $153.37 $28,336.93
26 $28,336.93 $1,058.45 $0.00 $160.22 $29,555.60
27 $29,555.60 $1,058.45 $0.00 $167.11 $30,781.16
28 $30,781.16 $1,058.45 $0.00 $174.04 $32,013.65
29 $32,013.65 $1,058.45 $0.00 $181.01 $33,253.11
30 $33,253.11 $1,058.45 $0.00 $188.02 $34,499.58
31 $34,499.58 $1,058.45 $0.00 $195.07 $35,753.10
32 $35,753.10 $1,058.45 $0.00 $202.15 $37,013.70
33 $37,013.70 $1,058.45 $0.00 $209.28 $38,281.43
34 $38,281.43 $1,058.45 $0.00 $216.45 $39,556.33
35 $39,556.33 $1,058.45 $0.00 $223.66 $40,838.44
36 $40,838.44 $1,058.45 $0.00 $230.91 $42,127.80
37 $42,127.80 $1,058.45 $0.00 $238.20 $43,424.45
38 $43,424.45 $1,058.45 $0.00 $245.53 $44,728.43
39 $44,728.43 $1,058.45 $0.00 $252.90 $46,039.78
40 $46,039.78 $1,058.45 $0.00 $260.32 $47,358.55
41 $47,358.55 $1,058.45 $0.00 $267.77 $48,684.77
42 $48,684.77 $1,058.45 $0.00 $275.27 $50,018.49
43 $50,018.49 $1,058.45 $0.00 $282.81 $51,359.75
44 $51,359.75 $1,058.45 $0.00 $290.40 $52,708.60
45 $52,708.60 $1,058.45 $0.00 $298.02 $54,065.07
46 $54,065.07 $1,058.45 $0.00 $305.69 $55,429.21
47 $55,429.21 $1,058.45 $0.00 $313.40 $56,801.06
48 $56,801.06 $1,058.45 $0.00 $321.16 $58,180.67
49 $58,180.67 $1,058.45 $0.00 $328.96 $59,568.08
50 $59,568.08 $1,058.45 $0.00 $336.81 $60,963.34
51 $60,963.34 $1,058.45 $0.00 $344.70 $62,366.49
52 $62,366.49 $1,058.45 $0.00 $352.63 $63,777.57
53 $63,777.57 $1,058.45 $0.00 $360.61 $65,196.63
54 $65,196.63 $1,058.45 $0.00 $368.63 $66,623.71
55 $66,623.71 $1,058.45 $0.00 $376.70 $68,058.86
56 $68,058.86 $1,058.45 $0.00 $384.81 $69,502.12
57 $69,502.12 $1,058.45 $0.00 $392.98 $70,953.55
58 $70,953.55 $1,058.45 $0.00 $401.18 $72,413.18
59 $72,413.18 $1,058.45 $0.00 $409.43 $73,881.06
60 $73,881.06 $1,058.45 $0.00 $417.73 $75,357.24
61 $75,357.24 $1,058.45 $0.00 $426.08 $76,841.77
62 $76,841.77 $1,058.45 $0.00 $434.47 $78,334.69
63 $78,334.69 $1,058.45 $0.00 $442.92 $79,836.06
64 $79,836.06 $1,058.45 $0.00 $451.40 $81,345.91
65 $81,345.91 $1,058.45 $0.00 $459.94 $82,864.30
66 $82,864.30 $1,058.45 $0.00 $468.53 $84,391.28
67 $84,391.28 $1,058.45 $0.00 $477.16 $85,926.89
68 $85,926.89 $1,058.45 $0.00 $485.84 $87,471.18
69 $87,471.18 $1,058.45 $0.00 $494.57 $89,024.20
70 $89,024.20 $1,058.45 $0.00 $503.36 $90,586.01
71 $90,586.01 $1,058.45 $0.00 $512.19 $92,156.65
72 $92,156.65 $1,058.45 $0.00 $521.07 $93,736.17
73 $93,736.17 $1,058.45 $0.00 $530.00 $95,324.62
74 $95,324.62 $1,058.45 $0.00 $538.98 $96,922.05
75 $96,922.05 $1,058.45 $0.00 $548.01 $98,528.51
76 $98,528.51 $1,058.45 $0.00 $557.09 $100,144.05
77 $100,144.05 $1,058.45 $0.00 $566.23 $101,768.73
78 $101,768.73 $1,058.45 $0.00 $575.42 $103,402.60
79 $103,402.60 $1,058.45 $0.00 $584.65 $105,045.70
80 $105,045.70 $1,058.45 $0.00 $593.94 $106,698.09
81 $106,698.09 $1,058.45 $0.00 $603.29 $108,359.83
82 $108,359.83 $1,058.45 $0.00 $612.68 $110,030.96
83 $110,030.96 $1,058.45 $0.00 $622.13 $111,711.54
84 $111,711.54 $1,058.45 $0.00 $631.63 $113,401.62
85 $113,401.62 $1,058.45 $0.00 $641.19 $115,101.26
86 $115,101.26 $1,058.45 $0.00 $650.80 $116,810.51
87 $116,810.51 $1,058.45 $0.00 $660.46 $118,529.42
88 $118,529.42 $1,058.45 $0.00 $670.18 $120,258.05
89 $120,258.05 $1,058.45 $0.00 $679.96 $121,996.46
90 $121,996.46 $1,058.45 $0.00 $689.79 $123,744.70
91 $123,744.70 $1,058.45 $0.00 $699.67 $125,502.82
92 $125,502.82 $1,058.45 $0.00 $709.61 $127,270.88
93 $127,270.88 $1,058.45 $0.00 $719.61 $129,048.94
94 $129,048.94 $1,058.45 $0.00 $729.66 $130,837.05
95 $130,837.05 $1,058.45 $0.00 $739.77 $132,635.27
96 $132,635.27 $1,058.45 $0.00 $749.94 $134,443.66
97 $134,443.66 $1,058.45 $0.00 $760.16 $136,262.27
98 $136,262.27 $1,058.45 $0.00 $770.45 $138,091.17
99 $138,091.17 $1,058.45 $0.00 $780.79 $139,930.41
100 $139,930.41 $1,058.45 $0.00 $791.19 $141,780.05
101 $141,780.05 $1,058.45 $0.00 $801.65 $143,640.15
102 $143,640.15 $1,058.45 $0.00 $812.16 $145,510.76
103 $145,510.76 $1,058.45 $0.00 $822.74 $147,391.95
104 $147,391.95 $1,058.45 $0.00 $833.38 $149,283.78
105 $149,283.78 $1,058.45 $0.00 $844.07 $151,186.30
106 $151,186.30 $1,058.45 $0.00 $854.83 $153,099.58
107 $153,099.58 $1,058.45 $0.00 $865.65 $155,023.68
108 $155,023.68 $1,058.45 $0.00 $876.53 $156,958.66
109 $156,958.66 $1,058.45 $0.00 $887.47 $158,904.58
110 $158,904.58 $1,058.45 $0.00 $898.47 $160,861.50
111 $160,861.50 $1,058.45 $0.00 $909.53 $162,829.48
112 $162,829.48 $1,058.45 $0.00 $920.66 $164,808.59
113 $164,808.59 $1,058.45 $0.00 $931.85 $166,798.89
114 $166,798.89 $1,058.45 $0.00 $943.11 $168,800.45
115 $168,800.45 $1,058.45 $0.00 $954.42 $170,813.32
116 $170,813.32 $1,058.45 $0.00 $965.80 $172,837.57
117 $172,837.57 $1,058.45 $0.00 $977.25 $174,873.27
118 $174,873.27 $1,058.45 $0.00 $988.76 $176,920.48
119 $176,920.48 $1,058.45 $0.00 $1,000.33 $178,979.26
120 $178,979.26 $1,058.45 $0.00 $1,011.97 $181,049.68
121 $181,049.68 $1,058.45 $0.00 $1,023.68 $183,131.81
122 $183,131.81 $1,058.45 $0.00 $1,035.45 $185,225.71
123 $185,225.71 $1,058.45 $0.00 $1,047.29 $187,331.45
124 $187,331.45 $1,058.45 $0.00 $1,059.20 $189,449.10
125 $189,449.10 $1,058.45 $0.00 $1,071.17 $191,578.72
126 $191,578.72 $1,058.45 $0.00 $1,083.21 $193,720.38
127 $193,720.38 $1,058.45 $0.00 $1,095.32 $195,874.15
128 $195,874.15 $1,058.45 $0.00 $1,107.50 $198,040.10
129 $198,040.10 $1,058.45 $0.00 $1,119.75 $200,218.30
130 $200,218.30 $1,058.45 $0.00 $1,132.06 $202,408.81
131 $202,408.81 $1,058.45 $0.00 $1,144.45 $204,611.71
132 $204,611.71 $1,058.45 $0.00 $1,156.90 $206,827.06
133 $206,827.06 $1,058.45 $0.00 $1,169.43 $209,054.94
134 $209,054.94 $1,058.45 $0.00 $1,182.03 $211,295.42
135 $211,295.42 $1,058.45 $0.00 $1,194.70 $213,548.57
136 $213,548.57 $1,058.45 $0.00 $1,207.43 $215,814.45
137 $215,814.45 $1,058.45 $0.00 $1,220.25 $218,093.15
138 $218,093.15 $1,058.45 $0.00 $1,233.13 $220,384.73
139 $220,384.73 $1,058.45 $0.00 $1,246.09 $222,689.27
140 $222,689.27 $1,058.45 $0.00 $1,259.12 $225,006.84
141 $225,006.84 $1,058.45 $0.00 $1,272.22 $227,337.51
142 $227,337.51 $1,058.45 $0.00 $1,285.40 $229,681.36
143 $229,681.36 $1,058.45 $0.00 $1,298.65 $232,038.46
144 $232,038.46 $1,058.45 $0.00 $1,311.98 $234,408.89
145 $234,408.89 $1,058.45 $0.00 $1,325.38 $236,792.72
146 $236,792.72 $1,058.45 $0.00 $1,338.86 $239,190.03
147 $239,190.03 $1,058.45 $0.00 $1,352.42 $241,600.90
148 $241,600.90 $1,058.45 $0.00 $1,366.05 $244,025.40
149 $244,025.40 $1,058.45 $0.00 $1,379.76 $246,463.61
150 $246,463.61 $1,058.45 $0.00 $1,393.54 $248,915.60
151 $248,915.60 $1,058.45 $0.00 $1,407.40 $251,381.45
152 $251,381.45 $1,058.45 $0.00 $1,421.35 $253,861.25
153 $253,861.25 $1,058.45 $0.00 $1,435.37 $256,355.07
154 $256,355.07 $1,058.45 $0.00 $1,449.47 $258,862.99
155 $258,862.99 $1,058.45 $0.00 $1,463.65 $261,385.09
156 $261,385.09 $1,058.45 $0.00 $1,477.91 $263,921.45
157 $263,921.45 $1,058.45 $0.00 $1,492.25 $266,472.15
158 $266,472.15 $1,058.45 $0.00 $1,506.67 $269,037.27
159 $269,037.27 $1,058.45 $0.00 $1,521.18 $271,616.90
160 $271,616.90 $1,058.45 $0.00 $1,535.76 $274,211.11
161 $274,211.11 $1,058.45 $0.00 $1,550.43 $276,819.99
162 $276,819.99 $1,058.45 $0.00 $1,565.18 $279,443.62
163 $279,443.62 $1,058.45 $0.00 $1,580.01 $282,082.08
164 $282,082.08 $1,058.45 $0.00 $1,594.93 $284,735.46
165 $284,735.46 $1,058.45 $0.00 $1,609.94 $287,403.85
166 $287,403.85 $1,058.45 $0.00 $1,625.02 $290,087.32
167 $290,087.32 $1,058.45 $0.00 $1,640.20 $292,785.97
168 $292,785.97 $1,058.45 $0.00 $1,655.45 $295,499.87
169 $295,499.87 $1,058.45 $0.00 $1,670.80 $298,229.12
170 $298,229.12 $1,058.45 $0.00 $1,686.23 $300,973.80
171 $300,973.80 $1,058.45 $0.00 $1,701.75 $303,734.00
172 $303,734.00 $1,058.45 $0.00 $1,717.36 $306,509.81
173 $306,509.81 $1,058.45 $0.00 $1,733.05 $309,301.31
174 $309,301.31 $1,058.45 $0.00 $1,748.83 $312,108.59
175 $312,108.59 $1,058.45 $0.00 $1,764.71 $314,931.75
176 $314,931.75 $1,058.45 $0.00 $1,780.67 $317,770.87
177 $317,770.87 $1,058.45 $0.00 $1,796.72 $320,626.04
178 $320,626.04 $1,058.45 $0.00 $1,812.87 $323,497.36
179 $323,497.36 $1,058.45 $0.00 $1,829.10 $326,384.91
180 $326,384.91 $1,058.45 $0.00 $1,845.43 $329,288.79
181 $329,288.79 $1,058.45 $0.00 $1,861.85 $332,209.09
182 $332,209.09 $1,058.45 $0.00 $1,878.36 $335,145.90
183 $335,145.90 $1,058.45 $0.00 $1,894.96 $338,099.31
184 $338,099.31 $1,058.45 $0.00 $1,911.66 $341,069.42
185 $341,069.42 $1,058.45 $0.00 $1,928.46 $344,056.33
186 $344,056.33 $1,058.45 $0.00 $1,945.34 $347,060.12
187 $347,060.12 $1,058.45 $0.00 $1,962.33 $350,080.90
188 $350,080.90 $1,058.45 $0.00 $1,979.41 $353,118.76
189 $353,118.76 $1,058.45 $0.00 $1,996.58 $356,173.79
190 $356,173.79 $1,058.45 $0.00 $2,013.86 $359,246.10
191 $359,246.10 $1,058.45 $0.00 $2,031.23 $362,335.78
192 $362,335.78 $1,058.45 $0.00 $2,048.70 $365,442.93
193 $365,442.93 $1,058.45 $0.00 $2,066.27 $368,567.65
194 $368,567.65 $1,058.45 $0.00 $2,083.94 $371,710.04
195 $371,710.04 $1,058.45 $0.00 $2,101.70 $374,870.19
196 $374,870.19 $1,058.45 $0.00 $2,119.57 $378,048.21
197 $378,048.21 $1,058.45 $0.00 $2,137.54 $381,244.20
198 $381,244.20 $1,058.45 $0.00 $2,155.61 $384,458.26
199 $384,458.26 $1,058.45 $0.00 $2,173.78 $387,690.49
200 $387,690.49 $1,058.45 $0.00 $2,192.06 $390,941.00
201 $390,941.00 $1,058.45 $0.00 $2,210.44 $394,209.89
202 $394,209.89 $1,058.45 $0.00 $2,228.92 $397,497.26
203 $397,497.26 $1,058.45 $0.00 $2,247.51 $400,803.22
204 $400,803.22 $1,058.45 $0.00 $2,266.20 $404,127.87
205 $404,127.87 $1,058.45 $0.00 $2,285.00 $407,471.32
206 $407,471.32 $1,058.45 $0.00 $2,303.90 $410,833.67
207 $410,833.67 $1,058.45 $0.00 $2,322.91 $414,215.03
208 $414,215.03 $1,058.45 $0.00 $2,342.03 $417,615.51
209 $417,615.51 $1,058.45 $0.00 $2,361.26 $421,035.22
210 $421,035.22 $1,058.45 $0.00 $2,380.59 $424,474.26
211 $424,474.26 $1,058.45 $0.00 $2,400.04 $427,932.75
212 $427,932.75 $1,058.45 $0.00 $2,419.59 $431,410.79
213 $431,410.79 $1,058.45 $0.00 $2,439.26 $434,908.50
214 $434,908.50 $1,058.45 $0.00 $2,459.04 $438,425.99
215 $438,425.99 $1,058.45 $0.00 $2,478.92 $441,963.36
216 $441,963.36 $1,058.45 $0.00 $2,498.93 $445,520.74
217 $445,520.74 $1,058.45 $120,656.82 $2,519.04 $328,441.41
218 $328,441.41 $1,058.45 $0.00 $1,857.06 $331,356.92
219 $331,356.92 $1,058.45 $0.00 $1,873.54 $334,288.91
220 $334,288.91 $1,058.45 $0.00 $1,890.12 $337,237.48
221 $337,237.48 $1,058.45 $0.00 $1,906.79 $340,202.72
222 $340,202.72 $1,058.45 $0.00 $1,923.56 $343,184.73
223 $343,184.73 $1,058.45 $0.00 $1,940.42 $346,183.60
224 $346,183.60 $1,058.45 $0.00 $1,957.37 $349,199.42
225 $349,199.42 $1,058.45 $0.00 $1,974.42 $352,232.29
226 $352,232.29 $1,058.45 $0.00 $1,991.57 $355,282.31
227 $355,282.31 $1,058.45 $0.00 $2,008.82 $358,349.58
228 $358,349.58 $1,058.45 $0.00 $2,026.16 $361,434.19
229 $361,434.19 $1,058.45 $129,102.80 $2,043.60 $235,433.44
230 $235,433.44 $1,058.45 $0.00 $1,331.17 $237,823.06
231 $237,823.06 $1,058.45 $0.00 $1,344.69 $240,226.20
232 $240,226.20 $1,058.45 $0.00 $1,358.27 $242,642.92
233 $242,642.92 $1,058.45 $0.00 $1,371.94 $245,073.31
234 $245,073.31 $1,058.45 $0.00 $1,385.68 $247,517.44
235 $247,517.44 $1,058.45 $0.00 $1,399.50 $249,975.39
236 $249,975.39 $1,058.45 $0.00 $1,413.40 $252,447.24
237 $252,447.24 $1,058.45 $0.00 $1,427.37 $254,933.06
238 $254,933.06 $1,058.45 $0.00 $1,441.43 $257,432.94
239 $257,432.94 $1,058.45 $0.00 $1,455.56 $259,946.95
240 $259,946.95 $1,058.45 $0.00 $1,469.78 $262,475.18
241 $262,475.18 $1,058.45 $138,140.00 $1,484.07 $126,877.70
242 $126,877.70 $1,058.45 $0.00 $717.38 $128,653.53
243 $128,653.53 $1,058.45 $0.00 $727.43 $130,439.41
244 $130,439.41 $1,058.45 $0.00 $737.52 $132,235.38
245 $132,235.38 $1,058.45 $0.00 $747.68 $134,041.51
246 $134,041.51 $1,058.45 $0.00 $757.89 $135,857.85
247 $135,857.85 $1,058.45 $0.00 $768.16 $137,684.46
248 $137,684.46 $1,058.45 $0.00 $778.49 $139,521.40
249 $139,521.40 $1,058.45 $0.00 $788.87 $141,368.72
250 $141,368.72 $1,058.45 $0.00 $799.32 $143,226.49
251 $143,226.49 $1,058.45 $0.00 $809.82 $145,094.76
252 $145,094.76 $1,058.45 $0.00 $820.39 $146,973.60
253 $146,973.60 $0.00 $147,809.80 $831.01 -$5.19