Savings Plan and Future Cost Estimation for Augustana College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$233,512
Monthly savings required$1,845

How much will it cost to send your child to Augustana College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $934,047.44 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,845.49 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$62,242.00
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 Augustana College in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,845.49 $0.00 $0.00 $1,845.49
2 $1,845.49 $1,845.49 $0.00 $10.43 $3,701.41
3 $3,701.41 $1,845.49 $0.00 $20.93 $5,567.83
4 $5,567.83 $1,845.49 $0.00 $31.48 $7,444.80
5 $7,444.80 $1,845.49 $0.00 $42.09 $9,332.38
6 $9,332.38 $1,845.49 $0.00 $52.77 $11,230.64
7 $11,230.64 $1,845.49 $0.00 $63.50 $13,139.63
8 $13,139.63 $1,845.49 $0.00 $74.29 $15,059.41
9 $15,059.41 $1,845.49 $0.00 $85.15 $16,990.05
10 $16,990.05 $1,845.49 $0.00 $96.06 $18,931.60
11 $18,931.60 $1,845.49 $0.00 $107.04 $20,884.13
12 $20,884.13 $1,845.49 $0.00 $118.08 $22,847.70
13 $22,847.70 $1,845.49 $0.00 $129.18 $24,822.37
14 $24,822.37 $1,845.49 $0.00 $140.35 $26,808.21
15 $26,808.21 $1,845.49 $0.00 $151.58 $28,805.28
16 $28,805.28 $1,845.49 $0.00 $162.87 $30,813.64
17 $30,813.64 $1,845.49 $0.00 $174.22 $32,833.35
18 $32,833.35 $1,845.49 $0.00 $185.64 $34,864.48
19 $34,864.48 $1,845.49 $0.00 $197.13 $36,907.10
20 $36,907.10 $1,845.49 $0.00 $208.68 $38,961.27
21 $38,961.27 $1,845.49 $0.00 $220.29 $41,027.05
22 $41,027.05 $1,845.49 $0.00 $231.97 $43,104.51
23 $43,104.51 $1,845.49 $0.00 $243.72 $45,193.72
24 $45,193.72 $1,845.49 $0.00 $255.53 $47,294.74
25 $47,294.74 $1,845.49 $0.00 $267.41 $49,407.64
26 $49,407.64 $1,845.49 $0.00 $279.36 $51,532.49
27 $51,532.49 $1,845.49 $0.00 $291.37 $53,669.35
28 $53,669.35 $1,845.49 $0.00 $303.45 $55,818.29
29 $55,818.29 $1,845.49 $0.00 $315.60 $57,979.38
30 $57,979.38 $1,845.49 $0.00 $327.82 $60,152.69
31 $60,152.69 $1,845.49 $0.00 $340.11 $62,338.29
32 $62,338.29 $1,845.49 $0.00 $352.47 $64,536.25
33 $64,536.25 $1,845.49 $0.00 $364.90 $66,746.64
34 $66,746.64 $1,845.49 $0.00 $377.40 $68,969.53
35 $68,969.53 $1,845.49 $0.00 $389.96 $71,204.98
36 $71,204.98 $1,845.49 $0.00 $402.60 $73,453.07
37 $73,453.07 $1,845.49 $0.00 $415.31 $75,713.87
38 $75,713.87 $1,845.49 $0.00 $428.10 $77,987.46
39 $77,987.46 $1,845.49 $0.00 $440.95 $80,273.90
40 $80,273.90 $1,845.49 $0.00 $453.88 $82,573.27
41 $82,573.27 $1,845.49 $0.00 $466.88 $84,885.64
42 $84,885.64 $1,845.49 $0.00 $479.96 $87,211.09
43 $87,211.09 $1,845.49 $0.00 $493.10 $89,549.68
44 $89,549.68 $1,845.49 $0.00 $506.33 $91,901.50
45 $91,901.50 $1,845.49 $0.00 $519.62 $94,266.61
46 $94,266.61 $1,845.49 $0.00 $533.00 $96,645.10
47 $96,645.10 $1,845.49 $0.00 $546.45 $99,037.04
48 $99,037.04 $1,845.49 $0.00 $559.97 $101,442.50
49 $101,442.50 $1,845.49 $0.00 $573.57 $103,861.56
50 $103,861.56 $1,845.49 $0.00 $587.25 $106,294.30
51 $106,294.30 $1,845.49 $0.00 $601.00 $108,740.79
52 $108,740.79 $1,845.49 $0.00 $614.84 $111,201.12
53 $111,201.12 $1,845.49 $0.00 $628.75 $113,675.36
54 $113,675.36 $1,845.49 $0.00 $642.74 $116,163.59
55 $116,163.59 $1,845.49 $0.00 $656.81 $118,665.89
56 $118,665.89 $1,845.49 $0.00 $670.95 $121,182.33
57 $121,182.33 $1,845.49 $0.00 $685.18 $123,713.00
58 $123,713.00 $1,845.49 $0.00 $699.49 $126,257.98
59 $126,257.98 $1,845.49 $0.00 $713.88 $128,817.35
60 $128,817.35 $1,845.49 $0.00 $728.35 $131,391.19
61 $131,391.19 $1,845.49 $0.00 $742.90 $133,979.58
62 $133,979.58 $1,845.49 $0.00 $757.54 $136,582.61
63 $136,582.61 $1,845.49 $0.00 $772.26 $139,200.36
64 $139,200.36 $1,845.49 $0.00 $787.06 $141,832.91
65 $141,832.91 $1,845.49 $0.00 $801.94 $144,480.34
66 $144,480.34 $1,845.49 $0.00 $816.91 $147,142.74
67 $147,142.74 $1,845.49 $0.00 $831.97 $149,820.20
68 $149,820.20 $1,845.49 $0.00 $847.11 $152,512.80
69 $152,512.80 $1,845.49 $0.00 $862.33 $155,220.62
70 $155,220.62 $1,845.49 $0.00 $877.64 $157,943.75
71 $157,943.75 $1,845.49 $0.00 $893.04 $160,682.28
72 $160,682.28 $1,845.49 $0.00 $908.52 $163,436.29
73 $163,436.29 $1,845.49 $0.00 $924.09 $166,205.87
74 $166,205.87 $1,845.49 $0.00 $939.75 $168,991.11
75 $168,991.11 $1,845.49 $0.00 $955.50 $171,792.10
76 $171,792.10 $1,845.49 $0.00 $971.34 $174,608.93
77 $174,608.93 $1,845.49 $0.00 $987.26 $177,441.68
78 $177,441.68 $1,845.49 $0.00 $1,003.28 $180,290.45
79 $180,290.45 $1,845.49 $0.00 $1,019.39 $183,155.33
80 $183,155.33 $1,845.49 $0.00 $1,035.59 $186,036.41
81 $186,036.41 $1,845.49 $0.00 $1,051.88 $188,933.78
82 $188,933.78 $1,845.49 $0.00 $1,068.26 $191,847.53
83 $191,847.53 $1,845.49 $0.00 $1,084.73 $194,777.75
84 $194,777.75 $1,845.49 $0.00 $1,101.30 $197,724.54
85 $197,724.54 $1,845.49 $0.00 $1,117.96 $200,687.99
86 $200,687.99 $1,845.49 $0.00 $1,134.72 $203,668.20
87 $203,668.20 $1,845.49 $0.00 $1,151.57 $206,665.26
88 $206,665.26 $1,845.49 $0.00 $1,168.52 $209,679.27
89 $209,679.27 $1,845.49 $0.00 $1,185.56 $212,710.32
90 $212,710.32 $1,845.49 $0.00 $1,202.70 $215,758.51
91 $215,758.51 $1,845.49 $0.00 $1,219.93 $218,823.93
92 $218,823.93 $1,845.49 $0.00 $1,237.26 $221,906.68
93 $221,906.68 $1,845.49 $0.00 $1,254.69 $225,006.86
94 $225,006.86 $1,845.49 $0.00 $1,272.22 $228,124.57
95 $228,124.57 $1,845.49 $0.00 $1,289.85 $231,259.91
96 $231,259.91 $1,845.49 $0.00 $1,307.58 $234,412.98
97 $234,412.98 $1,845.49 $0.00 $1,325.41 $237,583.88
98 $237,583.88 $1,845.49 $0.00 $1,343.33 $240,772.70
99 $240,772.70 $1,845.49 $0.00 $1,361.36 $243,979.55
100 $243,979.55 $1,845.49 $0.00 $1,379.50 $247,204.54
101 $247,204.54 $1,845.49 $0.00 $1,397.73 $250,447.76
102 $250,447.76 $1,845.49 $0.00 $1,416.07 $253,709.32
103 $253,709.32 $1,845.49 $0.00 $1,434.51 $256,989.32
104 $256,989.32 $1,845.49 $0.00 $1,453.05 $260,287.86
105 $260,287.86 $1,845.49 $0.00 $1,471.71 $263,605.06
106 $263,605.06 $1,845.49 $0.00 $1,490.46 $266,941.01
107 $266,941.01 $1,845.49 $0.00 $1,509.32 $270,295.82
108 $270,295.82 $1,845.49 $0.00 $1,528.29 $273,669.60
109 $273,669.60 $1,845.49 $0.00 $1,547.37 $277,062.46
110 $277,062.46 $1,845.49 $0.00 $1,566.55 $280,474.50
111 $280,474.50 $1,845.49 $0.00 $1,585.84 $283,905.83
112 $283,905.83 $1,845.49 $0.00 $1,605.24 $287,356.56
113 $287,356.56 $1,845.49 $0.00 $1,624.76 $290,826.81
114 $290,826.81 $1,845.49 $0.00 $1,644.38 $294,316.68
115 $294,316.68 $1,845.49 $0.00 $1,664.11 $297,826.28
116 $297,826.28 $1,845.49 $0.00 $1,683.95 $301,355.72
117 $301,355.72 $1,845.49 $0.00 $1,703.91 $304,905.12
118 $304,905.12 $1,845.49 $0.00 $1,723.98 $308,474.59
119 $308,474.59 $1,845.49 $0.00 $1,744.16 $312,064.24
120 $312,064.24 $1,845.49 $0.00 $1,764.46 $315,674.19
121 $315,674.19 $1,845.49 $0.00 $1,784.87 $319,304.55
122 $319,304.55 $1,845.49 $0.00 $1,805.39 $322,955.43
123 $322,955.43 $1,845.49 $0.00 $1,826.04 $326,626.96
124 $326,626.96 $1,845.49 $0.00 $1,846.80 $330,319.25
125 $330,319.25 $1,845.49 $0.00 $1,867.67 $334,032.41
126 $334,032.41 $1,845.49 $0.00 $1,888.67 $337,766.57
127 $337,766.57 $1,845.49 $0.00 $1,909.78 $341,521.84
128 $341,521.84 $1,845.49 $0.00 $1,931.01 $345,298.34
129 $345,298.34 $1,845.49 $0.00 $1,952.37 $349,096.20
130 $349,096.20 $1,845.49 $0.00 $1,973.84 $352,915.53
131 $352,915.53 $1,845.49 $0.00 $1,995.44 $356,756.46
132 $356,756.46 $1,845.49 $0.00 $2,017.15 $360,619.10
133 $360,619.10 $1,845.49 $0.00 $2,038.99 $364,503.58
134 $364,503.58 $1,845.49 $0.00 $2,060.96 $368,410.03
135 $368,410.03 $1,845.49 $0.00 $2,083.04 $372,338.56
136 $372,338.56 $1,845.49 $0.00 $2,105.26 $376,289.31
137 $376,289.31 $1,845.49 $0.00 $2,127.59 $380,262.39
138 $380,262.39 $1,845.49 $0.00 $2,150.06 $384,257.94
139 $384,257.94 $1,845.49 $0.00 $2,172.65 $388,276.08
140 $388,276.08 $1,845.49 $0.00 $2,195.37 $392,316.94
141 $392,316.94 $1,845.49 $0.00 $2,218.22 $396,380.65
142 $396,380.65 $1,845.49 $0.00 $2,241.19 $400,467.33
143 $400,467.33 $1,845.49 $0.00 $2,264.30 $404,577.12
144 $404,577.12 $1,845.49 $0.00 $2,287.54 $408,710.15
145 $408,710.15 $1,845.49 $0.00 $2,310.91 $412,866.55
146 $412,866.55 $1,845.49 $0.00 $2,334.41 $417,046.45
147 $417,046.45 $1,845.49 $0.00 $2,358.04 $421,249.98
148 $421,249.98 $1,845.49 $0.00 $2,381.81 $425,477.28
149 $425,477.28 $1,845.49 $0.00 $2,405.71 $429,728.48
150 $429,728.48 $1,845.49 $0.00 $2,429.75 $434,003.72
151 $434,003.72 $1,845.49 $0.00 $2,453.92 $438,303.13
152 $438,303.13 $1,845.49 $0.00 $2,478.23 $442,626.85
153 $442,626.85 $1,845.49 $0.00 $2,502.68 $446,975.02
154 $446,975.02 $1,845.49 $0.00 $2,527.26 $451,347.77
155 $451,347.77 $1,845.49 $0.00 $2,551.99 $455,745.25
156 $455,745.25 $1,845.49 $0.00 $2,576.85 $460,167.59
157 $460,167.59 $1,845.49 $0.00 $2,601.85 $464,614.93
158 $464,614.93 $1,845.49 $0.00 $2,627.00 $469,087.42
159 $469,087.42 $1,845.49 $0.00 $2,652.29 $473,585.20
160 $473,585.20 $1,845.49 $0.00 $2,677.72 $478,108.41
161 $478,108.41 $1,845.49 $0.00 $2,703.29 $482,657.19
162 $482,657.19 $1,845.49 $0.00 $2,729.01 $487,231.69
163 $487,231.69 $1,845.49 $0.00 $2,754.88 $491,832.06
164 $491,832.06 $1,845.49 $0.00 $2,780.89 $496,458.44
165 $496,458.44 $1,845.49 $0.00 $2,807.05 $501,110.98
166 $501,110.98 $1,845.49 $0.00 $2,833.35 $505,789.82
167 $505,789.82 $1,845.49 $0.00 $2,859.81 $510,495.12
168 $510,495.12 $1,845.49 $0.00 $2,886.41 $515,227.02
169 $515,227.02 $1,845.49 $0.00 $2,913.17 $519,985.68
170 $519,985.68 $1,845.49 $0.00 $2,940.07 $524,771.24
171 $524,771.24 $1,845.49 $0.00 $2,967.13 $529,583.86
172 $529,583.86 $1,845.49 $0.00 $2,994.34 $534,423.69
173 $534,423.69 $1,845.49 $0.00 $3,021.71 $539,290.89
174 $539,290.89 $1,845.49 $0.00 $3,049.23 $544,185.61
175 $544,185.61 $1,845.49 $0.00 $3,076.90 $549,108.00
176 $549,108.00 $1,845.49 $0.00 $3,104.74 $554,058.23
177 $554,058.23 $1,845.49 $0.00 $3,132.73 $559,036.45
178 $559,036.45 $1,845.49 $0.00 $3,160.87 $564,042.81
179 $564,042.81 $1,845.49 $0.00 $3,189.18 $569,077.48
180 $569,077.48 $1,845.49 $0.00 $3,217.65 $574,140.62
181 $574,140.62 $1,845.49 $0.00 $3,246.27 $579,232.38
182 $579,232.38 $1,845.49 $0.00 $3,275.06 $584,352.93
183 $584,352.93 $1,845.49 $0.00 $3,304.02 $589,502.44
184 $589,502.44 $1,845.49 $0.00 $3,333.13 $594,681.06
185 $594,681.06 $1,845.49 $0.00 $3,362.41 $599,888.96
186 $599,888.96 $1,845.49 $0.00 $3,391.86 $605,126.31
187 $605,126.31 $1,845.49 $0.00 $3,421.47 $610,393.27
188 $610,393.27 $1,845.49 $0.00 $3,451.25 $615,690.01
189 $615,690.01 $1,845.49 $0.00 $3,481.20 $621,016.70
190 $621,016.70 $1,845.49 $0.00 $3,511.32 $626,373.51
191 $626,373.51 $1,845.49 $0.00 $3,541.61 $631,760.61
192 $631,760.61 $1,845.49 $0.00 $3,572.07 $637,178.17
193 $637,178.17 $1,845.49 $0.00 $3,602.70 $642,626.36
194 $642,626.36 $1,845.49 $0.00 $3,633.50 $648,105.35
195 $648,105.35 $1,845.49 $0.00 $3,664.48 $653,615.32
196 $653,615.32 $1,845.49 $0.00 $3,695.64 $659,156.45
197 $659,156.45 $1,845.49 $0.00 $3,726.97 $664,728.91
198 $664,728.91 $1,845.49 $0.00 $3,758.47 $670,332.87
199 $670,332.87 $1,845.49 $0.00 $3,790.16 $675,968.52
200 $675,968.52 $1,845.49 $0.00 $3,822.02 $681,636.03
201 $681,636.03 $1,845.49 $0.00 $3,854.07 $687,335.59
202 $687,335.59 $1,845.49 $0.00 $3,886.30 $693,067.38
203 $693,067.38 $1,845.49 $0.00 $3,918.70 $698,831.57
204 $698,831.57 $1,845.49 $0.00 $3,951.30 $704,628.36
205 $704,628.36 $1,845.49 $0.00 $3,984.07 $710,457.92
206 $710,457.92 $1,845.49 $0.00 $4,017.03 $716,320.44
207 $716,320.44 $1,845.49 $0.00 $4,050.18 $722,216.11
208 $722,216.11 $1,845.49 $0.00 $4,083.51 $728,145.11
209 $728,145.11 $1,845.49 $0.00 $4,117.04 $734,107.64
210 $734,107.64 $1,845.49 $0.00 $4,150.75 $740,103.88
211 $740,103.88 $1,845.49 $0.00 $4,184.65 $746,134.02
212 $746,134.02 $1,845.49 $0.00 $4,218.75 $752,198.26
213 $752,198.26 $1,845.49 $0.00 $4,253.04 $758,296.79
214 $758,296.79 $1,845.49 $0.00 $4,287.52 $764,429.80
215 $764,429.80 $1,845.49 $0.00 $4,322.20 $770,597.49
216 $770,597.49 $1,845.49 $0.00 $4,357.07 $776,800.05
217 $776,800.05 $1,845.49 $210,373.74 $4,392.14 $572,663.94
218 $572,663.94 $1,845.49 $0.00 $3,237.93 $577,747.36
219 $577,747.36 $1,845.49 $0.00 $3,266.67 $582,859.52
220 $582,859.52 $1,845.49 $0.00 $3,295.57 $588,000.58
221 $588,000.58 $1,845.49 $0.00 $3,324.64 $593,170.71
222 $593,170.71 $1,845.49 $0.00 $3,353.87 $598,370.07
223 $598,370.07 $1,845.49 $0.00 $3,383.27 $603,598.83
224 $603,598.83 $1,845.49 $0.00 $3,412.84 $608,857.16
225 $608,857.16 $1,845.49 $0.00 $3,442.57 $614,145.22
226 $614,145.22 $1,845.49 $0.00 $3,472.47 $619,463.18
227 $619,463.18 $1,845.49 $0.00 $3,502.53 $624,811.20
228 $624,811.20 $1,845.49 $0.00 $3,532.77 $630,189.46
229 $630,189.46 $1,845.49 $225,099.91 $3,563.18 $410,498.22
230 $410,498.22 $1,845.49 $0.00 $2,321.02 $414,664.73
231 $414,664.73 $1,845.49 $0.00 $2,344.57 $418,854.79
232 $418,854.79 $1,845.49 $0.00 $2,368.27 $423,068.55
233 $423,068.55 $1,845.49 $0.00 $2,392.09 $427,306.13
234 $427,306.13 $1,845.49 $0.00 $2,416.05 $431,567.67
235 $431,567.67 $1,845.49 $0.00 $2,440.15 $435,853.31
236 $435,853.31 $1,845.49 $0.00 $2,464.38 $440,163.18
237 $440,163.18 $1,845.49 $0.00 $2,488.75 $444,497.42
238 $444,497.42 $1,845.49 $0.00 $2,513.25 $448,856.16
239 $448,856.16 $1,845.49 $0.00 $2,537.90 $453,239.55
240 $453,239.55 $1,845.49 $0.00 $2,562.68 $457,647.72
241 $457,647.72 $1,845.49 $240,856.90 $2,587.61 $221,223.92
242 $221,223.92 $1,845.49 $0.00 $1,250.83 $224,320.24
243 $224,320.24 $1,845.49 $0.00 $1,268.34 $227,434.07
244 $227,434.07 $1,845.49 $0.00 $1,285.95 $230,565.51
245 $230,565.51 $1,845.49 $0.00 $1,303.65 $233,714.65
246 $233,714.65 $1,845.49 $0.00 $1,321.46 $236,881.60
247 $236,881.60 $1,845.49 $0.00 $1,339.36 $240,066.45
248 $240,066.45 $1,845.49 $0.00 $1,357.37 $243,269.31
249 $243,269.31 $1,845.49 $0.00 $1,375.48 $246,490.28
250 $246,490.28 $1,845.49 $0.00 $1,393.69 $249,729.46
251 $249,729.46 $1,845.49 $0.00 $1,412.01 $252,986.96
252 $252,986.96 $1,845.49 $0.00 $1,430.43 $256,262.88
253 $256,262.88 $0.00 $257,716.88 $1,448.95 -$5.05