Savings Plan and Future Cost Estimation for Black Hills State University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$55,941
Monthly savings required$443

How much will it cost to send your child to Black Hills State University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $223,762.68 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $442.82 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$21,572.00
Years until enrollment18
Annual Tuition Increase5%
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 Black Hills State University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $442.82 $0.00 $0.00 $442.82
2 $442.82 $442.82 $0.00 $2.50 $888.14
3 $888.14 $442.82 $0.00 $5.02 $1,335.98
4 $1,335.98 $442.82 $0.00 $7.55 $1,786.35
5 $1,786.35 $442.82 $0.00 $10.10 $2,239.27
6 $2,239.27 $442.82 $0.00 $12.66 $2,694.75
7 $2,694.75 $442.82 $0.00 $15.24 $3,152.81
8 $3,152.81 $442.82 $0.00 $17.83 $3,613.46
9 $3,613.46 $442.82 $0.00 $20.43 $4,076.71
10 $4,076.71 $442.82 $0.00 $23.05 $4,542.58
11 $4,542.58 $442.82 $0.00 $25.68 $5,011.08
12 $5,011.08 $442.82 $0.00 $28.33 $5,482.23
13 $5,482.23 $442.82 $0.00 $31.00 $5,956.05
14 $5,956.05 $442.82 $0.00 $33.68 $6,432.55
15 $6,432.55 $442.82 $0.00 $36.37 $6,911.74
16 $6,911.74 $442.82 $0.00 $39.08 $7,393.64
17 $7,393.64 $442.82 $0.00 $41.80 $7,878.26
18 $7,878.26 $442.82 $0.00 $44.54 $8,365.62
19 $8,365.62 $442.82 $0.00 $47.30 $8,855.74
20 $8,855.74 $442.82 $0.00 $50.07 $9,348.63
21 $9,348.63 $442.82 $0.00 $52.86 $9,844.31
22 $9,844.31 $442.82 $0.00 $55.66 $10,342.79
23 $10,342.79 $442.82 $0.00 $58.48 $10,844.09
24 $10,844.09 $442.82 $0.00 $61.31 $11,348.22
25 $11,348.22 $442.82 $0.00 $64.16 $11,855.20
26 $11,855.20 $442.82 $0.00 $67.03 $12,365.05
27 $12,365.05 $442.82 $0.00 $69.91 $12,877.78
28 $12,877.78 $442.82 $0.00 $72.81 $13,393.41
29 $13,393.41 $442.82 $0.00 $75.73 $13,911.96
30 $13,911.96 $442.82 $0.00 $78.66 $14,433.44
31 $14,433.44 $442.82 $0.00 $81.61 $14,957.87
32 $14,957.87 $442.82 $0.00 $84.57 $15,485.26
33 $15,485.26 $442.82 $0.00 $87.56 $16,015.64
34 $16,015.64 $442.82 $0.00 $90.55 $16,549.01
35 $16,549.01 $442.82 $0.00 $93.57 $17,085.40
36 $17,085.40 $442.82 $0.00 $96.60 $17,624.82
37 $17,624.82 $442.82 $0.00 $99.65 $18,167.29
38 $18,167.29 $442.82 $0.00 $102.72 $18,712.83
39 $18,712.83 $442.82 $0.00 $105.81 $19,261.46
40 $19,261.46 $442.82 $0.00 $108.91 $19,813.19
41 $19,813.19 $442.82 $0.00 $112.03 $20,368.04
42 $20,368.04 $442.82 $0.00 $115.16 $20,926.02
43 $20,926.02 $442.82 $0.00 $118.32 $21,487.16
44 $21,487.16 $442.82 $0.00 $121.49 $22,051.47
45 $22,051.47 $442.82 $0.00 $124.68 $22,618.97
46 $22,618.97 $442.82 $0.00 $127.89 $23,189.68
47 $23,189.68 $442.82 $0.00 $131.12 $23,763.62
48 $23,763.62 $442.82 $0.00 $134.36 $24,340.80
49 $24,340.80 $442.82 $0.00 $137.63 $24,921.25
50 $24,921.25 $442.82 $0.00 $140.91 $25,504.98
51 $25,504.98 $442.82 $0.00 $144.21 $26,092.01
52 $26,092.01 $442.82 $0.00 $147.53 $26,682.36
53 $26,682.36 $442.82 $0.00 $150.87 $27,276.05
54 $27,276.05 $442.82 $0.00 $154.22 $27,873.09
55 $27,873.09 $442.82 $0.00 $157.60 $28,473.51
56 $28,473.51 $442.82 $0.00 $160.99 $29,077.32
57 $29,077.32 $442.82 $0.00 $164.41 $29,684.55
58 $29,684.55 $442.82 $0.00 $167.84 $30,295.21
59 $30,295.21 $442.82 $0.00 $171.29 $30,909.32
60 $30,909.32 $442.82 $0.00 $174.77 $31,526.91
61 $31,526.91 $442.82 $0.00 $178.26 $32,147.99
62 $32,147.99 $442.82 $0.00 $181.77 $32,772.58
63 $32,772.58 $442.82 $0.00 $185.30 $33,400.70
64 $33,400.70 $442.82 $0.00 $188.85 $34,032.37
65 $34,032.37 $442.82 $0.00 $192.42 $34,667.61
66 $34,667.61 $442.82 $0.00 $196.02 $35,306.45
67 $35,306.45 $442.82 $0.00 $199.63 $35,948.90
68 $35,948.90 $442.82 $0.00 $203.26 $36,594.98
69 $36,594.98 $442.82 $0.00 $206.91 $37,244.71
70 $37,244.71 $442.82 $0.00 $210.59 $37,898.12
71 $37,898.12 $442.82 $0.00 $214.28 $38,555.22
72 $38,555.22 $442.82 $0.00 $218.00 $39,216.04
73 $39,216.04 $442.82 $0.00 $221.73 $39,880.59
74 $39,880.59 $442.82 $0.00 $225.49 $40,548.90
75 $40,548.90 $442.82 $0.00 $229.27 $41,220.99
76 $41,220.99 $442.82 $0.00 $233.07 $41,896.88
77 $41,896.88 $442.82 $0.00 $236.89 $42,576.59
78 $42,576.59 $442.82 $0.00 $240.73 $43,260.14
79 $43,260.14 $442.82 $0.00 $244.60 $43,947.56
80 $43,947.56 $442.82 $0.00 $248.49 $44,638.87
81 $44,638.87 $442.82 $0.00 $252.39 $45,334.08
82 $45,334.08 $442.82 $0.00 $256.33 $46,033.23
83 $46,033.23 $442.82 $0.00 $260.28 $46,736.33
84 $46,736.33 $442.82 $0.00 $264.25 $47,443.40
85 $47,443.40 $442.82 $0.00 $268.25 $48,154.47
86 $48,154.47 $442.82 $0.00 $272.27 $48,869.56
87 $48,869.56 $442.82 $0.00 $276.32 $49,588.70
88 $49,588.70 $442.82 $0.00 $280.38 $50,311.90
89 $50,311.90 $442.82 $0.00 $284.47 $51,039.19
90 $51,039.19 $442.82 $0.00 $288.58 $51,770.59
91 $51,770.59 $442.82 $0.00 $292.72 $52,506.13
92 $52,506.13 $442.82 $0.00 $296.88 $53,245.83
93 $53,245.83 $442.82 $0.00 $301.06 $53,989.71
94 $53,989.71 $442.82 $0.00 $305.27 $54,737.80
95 $54,737.80 $442.82 $0.00 $309.50 $55,490.12
96 $55,490.12 $442.82 $0.00 $313.75 $56,246.69
97 $56,246.69 $442.82 $0.00 $318.03 $57,007.54
98 $57,007.54 $442.82 $0.00 $322.33 $57,772.69
99 $57,772.69 $442.82 $0.00 $326.66 $58,542.17
100 $58,542.17 $442.82 $0.00 $331.01 $59,316.00
101 $59,316.00 $442.82 $0.00 $335.38 $60,094.20
102 $60,094.20 $442.82 $0.00 $339.78 $60,876.80
103 $60,876.80 $442.82 $0.00 $344.21 $61,663.83
104 $61,663.83 $442.82 $0.00 $348.66 $62,455.31
105 $62,455.31 $442.82 $0.00 $353.13 $63,251.26
106 $63,251.26 $442.82 $0.00 $357.63 $64,051.71
107 $64,051.71 $442.82 $0.00 $362.16 $64,856.69
108 $64,856.69 $442.82 $0.00 $366.71 $65,666.22
109 $65,666.22 $442.82 $0.00 $371.29 $66,480.33
110 $66,480.33 $442.82 $0.00 $375.89 $67,299.04
111 $67,299.04 $442.82 $0.00 $380.52 $68,122.38
112 $68,122.38 $442.82 $0.00 $385.17 $68,950.37
113 $68,950.37 $442.82 $0.00 $389.86 $69,783.05
114 $69,783.05 $442.82 $0.00 $394.56 $70,620.43
115 $70,620.43 $442.82 $0.00 $399.30 $71,462.55
116 $71,462.55 $442.82 $0.00 $404.06 $72,309.43
117 $72,309.43 $442.82 $0.00 $408.85 $73,161.10
118 $73,161.10 $442.82 $0.00 $413.66 $74,017.58
119 $74,017.58 $442.82 $0.00 $418.51 $74,878.91
120 $74,878.91 $442.82 $0.00 $423.38 $75,745.11
121 $75,745.11 $442.82 $0.00 $428.27 $76,616.20
122 $76,616.20 $442.82 $0.00 $433.20 $77,492.22
123 $77,492.22 $442.82 $0.00 $438.15 $78,373.19
124 $78,373.19 $442.82 $0.00 $443.13 $79,259.14
125 $79,259.14 $442.82 $0.00 $448.14 $80,150.10
126 $80,150.10 $442.82 $0.00 $453.18 $81,046.10
127 $81,046.10 $442.82 $0.00 $458.25 $81,947.17
128 $81,947.17 $442.82 $0.00 $463.34 $82,853.33
129 $82,853.33 $442.82 $0.00 $468.46 $83,764.61
130 $83,764.61 $442.82 $0.00 $473.62 $84,681.05
131 $84,681.05 $442.82 $0.00 $478.80 $85,602.67
132 $85,602.67 $442.82 $0.00 $484.01 $86,529.50
133 $86,529.50 $442.82 $0.00 $489.25 $87,461.57
134 $87,461.57 $442.82 $0.00 $494.52 $88,398.91
135 $88,398.91 $442.82 $0.00 $499.82 $89,341.55
136 $89,341.55 $442.82 $0.00 $505.15 $90,289.52
137 $90,289.52 $442.82 $0.00 $510.51 $91,242.85
138 $91,242.85 $442.82 $0.00 $515.90 $92,201.57
139 $92,201.57 $442.82 $0.00 $521.32 $93,165.71
140 $93,165.71 $442.82 $0.00 $526.77 $94,135.30
141 $94,135.30 $442.82 $0.00 $532.25 $95,110.37
142 $95,110.37 $442.82 $0.00 $537.77 $96,090.96
143 $96,090.96 $442.82 $0.00 $543.31 $97,077.09
144 $97,077.09 $442.82 $0.00 $548.89 $98,068.80
145 $98,068.80 $442.82 $0.00 $554.50 $99,066.12
146 $99,066.12 $442.82 $0.00 $560.13 $100,069.07
147 $100,069.07 $442.82 $0.00 $565.81 $101,077.70
148 $101,077.70 $442.82 $0.00 $571.51 $102,092.03
149 $102,092.03 $442.82 $0.00 $577.24 $103,112.09
150 $103,112.09 $442.82 $0.00 $583.01 $104,137.92
151 $104,137.92 $442.82 $0.00 $588.81 $105,169.55
152 $105,169.55 $442.82 $0.00 $594.64 $106,207.01
153 $106,207.01 $442.82 $0.00 $600.51 $107,250.34
154 $107,250.34 $442.82 $0.00 $606.41 $108,299.57
155 $108,299.57 $442.82 $0.00 $612.34 $109,354.73
156 $109,354.73 $442.82 $0.00 $618.31 $110,415.86
157 $110,415.86 $442.82 $0.00 $624.31 $111,482.99
158 $111,482.99 $442.82 $0.00 $630.34 $112,556.15
159 $112,556.15 $442.82 $0.00 $636.41 $113,635.38
160 $113,635.38 $442.82 $0.00 $642.51 $114,720.71
161 $114,720.71 $442.82 $0.00 $648.65 $115,812.18
162 $115,812.18 $442.82 $0.00 $654.82 $116,909.82
163 $116,909.82 $442.82 $0.00 $661.03 $118,013.67
164 $118,013.67 $442.82 $0.00 $667.27 $119,123.76
165 $119,123.76 $442.82 $0.00 $673.54 $120,240.12
166 $120,240.12 $442.82 $0.00 $679.86 $121,362.80
167 $121,362.80 $442.82 $0.00 $686.20 $122,491.82
168 $122,491.82 $442.82 $0.00 $692.59 $123,627.23
169 $123,627.23 $442.82 $0.00 $699.01 $124,769.06
170 $124,769.06 $442.82 $0.00 $705.46 $125,917.34
171 $125,917.34 $442.82 $0.00 $711.95 $127,072.11
172 $127,072.11 $442.82 $0.00 $718.48 $128,233.41
173 $128,233.41 $442.82 $0.00 $725.05 $129,401.28
174 $129,401.28 $442.82 $0.00 $731.65 $130,575.75
175 $130,575.75 $442.82 $0.00 $738.29 $131,756.86
176 $131,756.86 $442.82 $0.00 $744.97 $132,944.65
177 $132,944.65 $442.82 $0.00 $751.69 $134,139.16
178 $134,139.16 $442.82 $0.00 $758.44 $135,340.42
179 $135,340.42 $442.82 $0.00 $765.23 $136,548.47
180 $136,548.47 $442.82 $0.00 $772.06 $137,763.35
181 $137,763.35 $442.82 $0.00 $778.93 $138,985.10
182 $138,985.10 $442.82 $0.00 $785.84 $140,213.76
183 $140,213.76 $442.82 $0.00 $792.79 $141,449.37
184 $141,449.37 $442.82 $0.00 $799.78 $142,691.97
185 $142,691.97 $442.82 $0.00 $806.80 $143,941.59
186 $143,941.59 $442.82 $0.00 $813.87 $145,198.28
187 $145,198.28 $442.82 $0.00 $820.97 $146,462.07
188 $146,462.07 $442.82 $0.00 $828.12 $147,733.01
189 $147,733.01 $442.82 $0.00 $835.30 $149,011.13
190 $149,011.13 $442.82 $0.00 $842.53 $150,296.48
191 $150,296.48 $442.82 $0.00 $849.80 $151,589.10
192 $151,589.10 $442.82 $0.00 $857.11 $152,889.03
193 $152,889.03 $442.82 $0.00 $864.46 $154,196.31
194 $154,196.31 $442.82 $0.00 $871.85 $155,510.98
195 $155,510.98 $442.82 $0.00 $879.28 $156,833.08
196 $156,833.08 $442.82 $0.00 $886.76 $158,162.66
197 $158,162.66 $442.82 $0.00 $894.27 $159,499.75
198 $159,499.75 $442.82 $0.00 $901.83 $160,844.40
199 $160,844.40 $442.82 $0.00 $909.44 $162,196.66
200 $162,196.66 $442.82 $0.00 $917.08 $163,556.56
201 $163,556.56 $442.82 $0.00 $924.77 $164,924.15
202 $164,924.15 $442.82 $0.00 $932.51 $166,299.48
203 $166,299.48 $442.82 $0.00 $940.28 $167,682.58
204 $167,682.58 $442.82 $0.00 $948.10 $169,073.50
205 $169,073.50 $442.82 $0.00 $955.97 $170,472.29
206 $170,472.29 $442.82 $0.00 $963.88 $171,878.99
207 $171,878.99 $442.82 $0.00 $971.83 $173,293.64
208 $173,293.64 $442.82 $0.00 $979.83 $174,716.29
209 $174,716.29 $442.82 $0.00 $987.87 $176,146.98
210 $176,146.98 $442.82 $0.00 $995.96 $177,585.76
211 $177,585.76 $442.82 $0.00 $1,004.10 $179,032.68
212 $179,032.68 $442.82 $0.00 $1,012.28 $180,487.78
213 $180,487.78 $442.82 $0.00 $1,020.50 $181,951.10
214 $181,951.10 $442.82 $0.00 $1,028.78 $183,422.70
215 $183,422.70 $442.82 $0.00 $1,037.10 $184,902.62
216 $184,902.62 $442.82 $0.00 $1,045.47 $186,390.91
217 $186,390.91 $442.82 $51,915.59 $1,053.88 $135,972.02
218 $135,972.02 $442.82 $0.00 $768.81 $137,183.65
219 $137,183.65 $442.82 $0.00 $775.66 $138,402.13
220 $138,402.13 $442.82 $0.00 $782.55 $139,627.50
221 $139,627.50 $442.82 $0.00 $789.47 $140,859.79
222 $140,859.79 $442.82 $0.00 $796.44 $142,099.05
223 $142,099.05 $442.82 $0.00 $803.45 $143,345.32
224 $143,345.32 $442.82 $0.00 $810.50 $144,598.64
225 $144,598.64 $442.82 $0.00 $817.58 $145,859.04
226 $145,859.04 $442.82 $0.00 $824.71 $147,126.57
227 $147,126.57 $442.82 $0.00 $831.88 $148,401.27
228 $148,401.27 $442.82 $0.00 $839.08 $149,683.17
229 $149,683.17 $442.82 $54,511.37 $846.33 $96,460.95
230 $96,460.95 $442.82 $0.00 $545.40 $97,449.17
231 $97,449.17 $442.82 $0.00 $550.99 $98,442.98
232 $98,442.98 $442.82 $0.00 $556.61 $99,442.41
233 $99,442.41 $442.82 $0.00 $562.26 $100,447.49
234 $100,447.49 $442.82 $0.00 $567.94 $101,458.25
235 $101,458.25 $442.82 $0.00 $573.66 $102,474.73
236 $102,474.73 $442.82 $0.00 $579.41 $103,496.96
237 $103,496.96 $442.82 $0.00 $585.19 $104,524.97
238 $104,524.97 $442.82 $0.00 $591.00 $105,558.79
239 $105,558.79 $442.82 $0.00 $596.84 $106,598.45
240 $106,598.45 $442.82 $0.00 $602.72 $107,643.99
241 $107,643.99 $442.82 $57,236.94 $608.63 $51,458.50
242 $51,458.50 $442.82 $0.00 $290.95 $52,192.27
243 $52,192.27 $442.82 $0.00 $295.10 $52,930.19
244 $52,930.19 $442.82 $0.00 $299.27 $53,672.28
245 $53,672.28 $442.82 $0.00 $303.47 $54,418.57
246 $54,418.57 $442.82 $0.00 $307.69 $55,169.08
247 $55,169.08 $442.82 $0.00 $311.93 $55,923.83
248 $55,923.83 $442.82 $0.00 $316.20 $56,682.85
249 $56,682.85 $442.82 $0.00 $320.49 $57,446.16
250 $57,446.16 $442.82 $0.00 $324.81 $58,213.79
251 $58,213.79 $442.82 $0.00 $329.15 $58,985.76
252 $58,985.76 $442.82 $0.00 $333.51 $59,762.09
253 $59,762.09 $0.00 $60,098.79 $337.90 $1.20