Savings Plan and Future Cost Estimation for Lamar University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$92,524
Monthly savings required$731

How much will it cost to send your child to Lamar University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $370,095.40 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $731.24 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$24,662.00
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 Lamar University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $731.24 $0.00 $0.00 $731.24
2 $731.24 $731.24 $0.00 $4.13 $1,466.61
3 $1,466.61 $731.24 $0.00 $8.29 $2,206.14
4 $2,206.14 $731.24 $0.00 $12.47 $2,949.85
5 $2,949.85 $731.24 $0.00 $16.68 $3,697.77
6 $3,697.77 $731.24 $0.00 $20.91 $4,449.92
7 $4,449.92 $731.24 $0.00 $25.16 $5,206.32
8 $5,206.32 $731.24 $0.00 $29.44 $5,967.00
9 $5,967.00 $731.24 $0.00 $33.74 $6,731.98
10 $6,731.98 $731.24 $0.00 $38.06 $7,501.28
11 $7,501.28 $731.24 $0.00 $42.41 $8,274.93
12 $8,274.93 $731.24 $0.00 $46.79 $9,052.96
13 $9,052.96 $731.24 $0.00 $51.19 $9,835.39
14 $9,835.39 $731.24 $0.00 $55.61 $10,622.24
15 $10,622.24 $731.24 $0.00 $60.06 $11,413.54
16 $11,413.54 $731.24 $0.00 $64.53 $12,209.31
17 $12,209.31 $731.24 $0.00 $69.03 $13,009.58
18 $13,009.58 $731.24 $0.00 $73.56 $13,814.38
19 $13,814.38 $731.24 $0.00 $78.11 $14,623.73
20 $14,623.73 $731.24 $0.00 $82.68 $15,437.65
21 $15,437.65 $731.24 $0.00 $87.29 $16,256.18
22 $16,256.18 $731.24 $0.00 $91.91 $17,079.33
23 $17,079.33 $731.24 $0.00 $96.57 $17,907.14
24 $17,907.14 $731.24 $0.00 $101.25 $18,739.63
25 $18,739.63 $731.24 $0.00 $105.96 $19,576.83
26 $19,576.83 $731.24 $0.00 $110.69 $20,418.76
27 $20,418.76 $731.24 $0.00 $115.45 $21,265.45
28 $21,265.45 $731.24 $0.00 $120.24 $22,116.93
29 $22,116.93 $731.24 $0.00 $125.05 $22,973.22
30 $22,973.22 $731.24 $0.00 $129.89 $23,834.35
31 $23,834.35 $731.24 $0.00 $134.76 $24,700.35
32 $24,700.35 $731.24 $0.00 $139.66 $25,571.25
33 $25,571.25 $731.24 $0.00 $144.58 $26,447.07
34 $26,447.07 $731.24 $0.00 $149.54 $27,327.85
35 $27,327.85 $731.24 $0.00 $154.52 $28,213.61
36 $28,213.61 $731.24 $0.00 $159.52 $29,104.37
37 $29,104.37 $731.24 $0.00 $164.56 $30,000.17
38 $30,000.17 $731.24 $0.00 $169.63 $30,901.04
39 $30,901.04 $731.24 $0.00 $174.72 $31,807.00
40 $31,807.00 $731.24 $0.00 $179.84 $32,718.08
41 $32,718.08 $731.24 $0.00 $184.99 $33,634.31
42 $33,634.31 $731.24 $0.00 $190.17 $34,555.72
43 $34,555.72 $731.24 $0.00 $195.38 $35,482.34
44 $35,482.34 $731.24 $0.00 $200.62 $36,414.20
45 $36,414.20 $731.24 $0.00 $205.89 $37,351.33
46 $37,351.33 $731.24 $0.00 $211.19 $38,293.76
47 $38,293.76 $731.24 $0.00 $216.52 $39,241.52
48 $39,241.52 $731.24 $0.00 $221.88 $40,194.64
49 $40,194.64 $731.24 $0.00 $227.27 $41,153.15
50 $41,153.15 $731.24 $0.00 $232.69 $42,117.08
51 $42,117.08 $731.24 $0.00 $238.14 $43,086.46
52 $43,086.46 $731.24 $0.00 $243.62 $44,061.32
53 $44,061.32 $731.24 $0.00 $249.13 $45,041.69
54 $45,041.69 $731.24 $0.00 $254.67 $46,027.60
55 $46,027.60 $731.24 $0.00 $260.25 $47,019.09
56 $47,019.09 $731.24 $0.00 $265.85 $48,016.18
57 $48,016.18 $731.24 $0.00 $271.49 $49,018.91
58 $49,018.91 $731.24 $0.00 $277.16 $50,027.31
59 $50,027.31 $731.24 $0.00 $282.86 $51,041.41
60 $51,041.41 $731.24 $0.00 $288.60 $52,061.25
61 $52,061.25 $731.24 $0.00 $294.36 $53,086.85
62 $53,086.85 $731.24 $0.00 $300.16 $54,118.25
63 $54,118.25 $731.24 $0.00 $305.99 $55,155.48
64 $55,155.48 $731.24 $0.00 $311.86 $56,198.58
65 $56,198.58 $731.24 $0.00 $317.75 $57,247.57
66 $57,247.57 $731.24 $0.00 $323.69 $58,302.50
67 $58,302.50 $731.24 $0.00 $329.65 $59,363.39
68 $59,363.39 $731.24 $0.00 $335.65 $60,430.28
69 $60,430.28 $731.24 $0.00 $341.68 $61,503.20
70 $61,503.20 $731.24 $0.00 $347.75 $62,582.19
71 $62,582.19 $731.24 $0.00 $353.85 $63,667.28
72 $63,667.28 $731.24 $0.00 $359.98 $64,758.50
73 $64,758.50 $731.24 $0.00 $366.15 $65,855.89
74 $65,855.89 $731.24 $0.00 $372.36 $66,959.49
75 $66,959.49 $731.24 $0.00 $378.60 $68,069.33
76 $68,069.33 $731.24 $0.00 $384.87 $69,185.44
77 $69,185.44 $731.24 $0.00 $391.18 $70,307.86
78 $70,307.86 $731.24 $0.00 $397.53 $71,436.63
79 $71,436.63 $731.24 $0.00 $403.91 $72,571.78
80 $72,571.78 $731.24 $0.00 $410.33 $73,713.35
81 $73,713.35 $731.24 $0.00 $416.79 $74,861.38
82 $74,861.38 $731.24 $0.00 $423.28 $76,015.90
83 $76,015.90 $731.24 $0.00 $429.80 $77,176.94
84 $77,176.94 $731.24 $0.00 $436.37 $78,344.55
85 $78,344.55 $731.24 $0.00 $442.97 $79,518.76
86 $79,518.76 $731.24 $0.00 $449.61 $80,699.61
87 $80,699.61 $731.24 $0.00 $456.29 $81,887.14
88 $81,887.14 $731.24 $0.00 $463.00 $83,081.38
89 $83,081.38 $731.24 $0.00 $469.75 $84,282.37
90 $84,282.37 $731.24 $0.00 $476.54 $85,490.15
91 $85,490.15 $731.24 $0.00 $483.37 $86,704.76
92 $86,704.76 $731.24 $0.00 $490.24 $87,926.24
93 $87,926.24 $731.24 $0.00 $497.15 $89,154.63
94 $89,154.63 $731.24 $0.00 $504.09 $90,389.96
95 $90,389.96 $731.24 $0.00 $511.08 $91,632.28
96 $91,632.28 $731.24 $0.00 $518.10 $92,881.62
97 $92,881.62 $731.24 $0.00 $525.17 $94,138.03
98 $94,138.03 $731.24 $0.00 $532.27 $95,401.54
99 $95,401.54 $731.24 $0.00 $539.41 $96,672.19
100 $96,672.19 $731.24 $0.00 $546.60 $97,950.03
101 $97,950.03 $731.24 $0.00 $553.82 $99,235.09
102 $99,235.09 $731.24 $0.00 $561.09 $100,527.42
103 $100,527.42 $731.24 $0.00 $568.40 $101,827.06
104 $101,827.06 $731.24 $0.00 $575.75 $103,134.05
105 $103,134.05 $731.24 $0.00 $583.13 $104,448.42
106 $104,448.42 $731.24 $0.00 $590.57 $105,770.23
107 $105,770.23 $731.24 $0.00 $598.04 $107,099.51
108 $107,099.51 $731.24 $0.00 $605.56 $108,436.31
109 $108,436.31 $731.24 $0.00 $613.11 $109,780.66
110 $109,780.66 $731.24 $0.00 $620.72 $111,132.62
111 $111,132.62 $731.24 $0.00 $628.36 $112,492.22
112 $112,492.22 $731.24 $0.00 $636.05 $113,859.51
113 $113,859.51 $731.24 $0.00 $643.78 $115,234.53
114 $115,234.53 $731.24 $0.00 $651.55 $116,617.32
115 $116,617.32 $731.24 $0.00 $659.37 $118,007.93
116 $118,007.93 $731.24 $0.00 $667.23 $119,406.40
117 $119,406.40 $731.24 $0.00 $675.14 $120,812.78
118 $120,812.78 $731.24 $0.00 $683.09 $122,227.11
119 $122,227.11 $731.24 $0.00 $691.09 $123,649.44
120 $123,649.44 $731.24 $0.00 $699.13 $125,079.81
121 $125,079.81 $731.24 $0.00 $707.22 $126,518.27
122 $126,518.27 $731.24 $0.00 $715.35 $127,964.86
123 $127,964.86 $731.24 $0.00 $723.53 $129,419.63
124 $129,419.63 $731.24 $0.00 $731.76 $130,882.63
125 $130,882.63 $731.24 $0.00 $740.03 $132,353.90
126 $132,353.90 $731.24 $0.00 $748.35 $133,833.49
127 $133,833.49 $731.24 $0.00 $756.71 $135,321.44
128 $135,321.44 $731.24 $0.00 $765.13 $136,817.81
129 $136,817.81 $731.24 $0.00 $773.59 $138,322.64
130 $138,322.64 $731.24 $0.00 $782.10 $139,835.98
131 $139,835.98 $731.24 $0.00 $790.65 $141,357.87
132 $141,357.87 $731.24 $0.00 $799.26 $142,888.37
133 $142,888.37 $731.24 $0.00 $807.91 $144,427.52
134 $144,427.52 $731.24 $0.00 $816.61 $145,975.37
135 $145,975.37 $731.24 $0.00 $825.37 $147,531.98
136 $147,531.98 $731.24 $0.00 $834.17 $149,097.39
137 $149,097.39 $731.24 $0.00 $843.02 $150,671.65
138 $150,671.65 $731.24 $0.00 $851.92 $152,254.81
139 $152,254.81 $731.24 $0.00 $860.87 $153,846.92
140 $153,846.92 $731.24 $0.00 $869.87 $155,448.03
141 $155,448.03 $731.24 $0.00 $878.93 $157,058.20
142 $157,058.20 $731.24 $0.00 $888.03 $158,677.47
143 $158,677.47 $731.24 $0.00 $897.19 $160,305.90
144 $160,305.90 $731.24 $0.00 $906.39 $161,943.53
145 $161,943.53 $731.24 $0.00 $915.65 $163,590.42
146 $163,590.42 $731.24 $0.00 $924.96 $165,246.62
147 $165,246.62 $731.24 $0.00 $934.33 $166,912.19
148 $166,912.19 $731.24 $0.00 $943.75 $168,587.18
149 $168,587.18 $731.24 $0.00 $953.22 $170,271.64
150 $170,271.64 $731.24 $0.00 $962.74 $171,965.62
151 $171,965.62 $731.24 $0.00 $972.32 $173,669.18
152 $173,669.18 $731.24 $0.00 $981.95 $175,382.37
153 $175,382.37 $731.24 $0.00 $991.64 $177,105.25
154 $177,105.25 $731.24 $0.00 $1,001.38 $178,837.87
155 $178,837.87 $731.24 $0.00 $1,011.18 $180,580.29
156 $180,580.29 $731.24 $0.00 $1,021.03 $182,332.56
157 $182,332.56 $731.24 $0.00 $1,030.93 $184,094.73
158 $184,094.73 $731.24 $0.00 $1,040.90 $185,866.87
159 $185,866.87 $731.24 $0.00 $1,050.92 $187,649.03
160 $187,649.03 $731.24 $0.00 $1,060.99 $189,441.26
161 $189,441.26 $731.24 $0.00 $1,071.13 $191,243.63
162 $191,243.63 $731.24 $0.00 $1,081.32 $193,056.19
163 $193,056.19 $731.24 $0.00 $1,091.57 $194,879.00
164 $194,879.00 $731.24 $0.00 $1,101.87 $196,712.11
165 $196,712.11 $731.24 $0.00 $1,112.24 $198,555.59
166 $198,555.59 $731.24 $0.00 $1,122.66 $200,409.49
167 $200,409.49 $731.24 $0.00 $1,133.14 $202,273.87
168 $202,273.87 $731.24 $0.00 $1,143.69 $204,148.80
169 $204,148.80 $731.24 $0.00 $1,154.29 $206,034.33
170 $206,034.33 $731.24 $0.00 $1,164.95 $207,930.52
171 $207,930.52 $731.24 $0.00 $1,175.67 $209,837.43
172 $209,837.43 $731.24 $0.00 $1,186.45 $211,755.12
173 $211,755.12 $731.24 $0.00 $1,197.29 $213,683.65
174 $213,683.65 $731.24 $0.00 $1,208.20 $215,623.09
175 $215,623.09 $731.24 $0.00 $1,219.16 $217,573.49
176 $217,573.49 $731.24 $0.00 $1,230.19 $219,534.92
177 $219,534.92 $731.24 $0.00 $1,241.28 $221,507.44
178 $221,507.44 $731.24 $0.00 $1,252.44 $223,491.12
179 $223,491.12 $731.24 $0.00 $1,263.65 $225,486.01
180 $225,486.01 $731.24 $0.00 $1,274.93 $227,492.18
181 $227,492.18 $731.24 $0.00 $1,286.27 $229,509.69
182 $229,509.69 $731.24 $0.00 $1,297.68 $231,538.61
183 $231,538.61 $731.24 $0.00 $1,309.15 $233,579.00
184 $233,579.00 $731.24 $0.00 $1,320.69 $235,630.93
185 $235,630.93 $731.24 $0.00 $1,332.29 $237,694.46
186 $237,694.46 $731.24 $0.00 $1,343.96 $239,769.66
187 $239,769.66 $731.24 $0.00 $1,355.69 $241,856.59
188 $241,856.59 $731.24 $0.00 $1,367.49 $243,955.32
189 $243,955.32 $731.24 $0.00 $1,379.36 $246,065.92
190 $246,065.92 $731.24 $0.00 $1,391.29 $248,188.45
191 $248,188.45 $731.24 $0.00 $1,403.29 $250,322.98
192 $250,322.98 $731.24 $0.00 $1,415.36 $252,469.58
193 $252,469.58 $731.24 $0.00 $1,427.50 $254,628.32
194 $254,628.32 $731.24 $0.00 $1,439.71 $256,799.27
195 $256,799.27 $731.24 $0.00 $1,451.98 $258,982.49
196 $258,982.49 $731.24 $0.00 $1,464.32 $261,178.05
197 $261,178.05 $731.24 $0.00 $1,476.74 $263,386.03
198 $263,386.03 $731.24 $0.00 $1,489.22 $265,606.49
199 $265,606.49 $731.24 $0.00 $1,501.78 $267,839.51
200 $267,839.51 $731.24 $0.00 $1,514.40 $270,085.15
201 $270,085.15 $731.24 $0.00 $1,527.10 $272,343.49
202 $272,343.49 $731.24 $0.00 $1,539.87 $274,614.60
203 $274,614.60 $731.24 $0.00 $1,552.71 $276,898.55
204 $276,898.55 $731.24 $0.00 $1,565.62 $279,195.41
205 $279,195.41 $731.24 $0.00 $1,578.61 $281,505.26
206 $281,505.26 $731.24 $0.00 $1,591.67 $283,828.17
207 $283,828.17 $731.24 $0.00 $1,604.81 $286,164.22
208 $286,164.22 $731.24 $0.00 $1,618.01 $288,513.47
209 $288,513.47 $731.24 $0.00 $1,631.30 $290,876.01
210 $290,876.01 $731.24 $0.00 $1,644.66 $293,251.91
211 $293,251.91 $731.24 $0.00 $1,658.09 $295,641.24
212 $295,641.24 $731.24 $0.00 $1,671.60 $298,044.08
213 $298,044.08 $731.24 $0.00 $1,685.18 $300,460.50
214 $300,460.50 $731.24 $0.00 $1,698.85 $302,890.59
215 $302,890.59 $731.24 $0.00 $1,712.59 $305,334.42
216 $305,334.42 $731.24 $0.00 $1,726.41 $307,792.07
217 $307,792.07 $731.24 $83,355.89 $1,740.30 $226,907.72
218 $226,907.72 $731.24 $0.00 $1,282.97 $228,921.93
219 $228,921.93 $731.24 $0.00 $1,294.36 $230,947.53
220 $230,947.53 $731.24 $0.00 $1,305.81 $232,984.58
221 $232,984.58 $731.24 $0.00 $1,317.33 $235,033.15
222 $235,033.15 $731.24 $0.00 $1,328.91 $237,093.30
223 $237,093.30 $731.24 $0.00 $1,340.56 $239,165.10
224 $239,165.10 $731.24 $0.00 $1,352.27 $241,248.61
225 $241,248.61 $731.24 $0.00 $1,364.05 $243,343.90
226 $243,343.90 $731.24 $0.00 $1,375.90 $245,451.04
227 $245,451.04 $731.24 $0.00 $1,387.82 $247,570.10
228 $247,570.10 $731.24 $0.00 $1,399.80 $249,701.14
229 $249,701.14 $731.24 $89,190.80 $1,411.85 $162,653.43
230 $162,653.43 $731.24 $0.00 $919.67 $164,304.34
231 $164,304.34 $731.24 $0.00 $929.00 $165,964.58
232 $165,964.58 $731.24 $0.00 $938.39 $167,634.21
233 $167,634.21 $731.24 $0.00 $947.83 $169,313.28
234 $169,313.28 $731.24 $0.00 $957.32 $171,001.84
235 $171,001.84 $731.24 $0.00 $966.87 $172,699.95
236 $172,699.95 $731.24 $0.00 $976.47 $174,407.66
237 $174,407.66 $731.24 $0.00 $986.13 $176,125.03
238 $176,125.03 $731.24 $0.00 $995.84 $177,852.11
239 $177,852.11 $731.24 $0.00 $1,005.60 $179,588.95
240 $179,588.95 $731.24 $0.00 $1,015.42 $181,335.61
241 $181,335.61 $731.24 $95,434.16 $1,025.30 $87,657.99
242 $87,657.99 $731.24 $0.00 $495.63 $88,884.86
243 $88,884.86 $731.24 $0.00 $502.57 $90,118.67
244 $90,118.67 $731.24 $0.00 $509.54 $91,359.45
245 $91,359.45 $731.24 $0.00 $516.56 $92,607.25
246 $92,607.25 $731.24 $0.00 $523.61 $93,862.10
247 $93,862.10 $731.24 $0.00 $530.71 $95,124.05
248 $95,124.05 $731.24 $0.00 $537.85 $96,393.14
249 $96,393.14 $731.24 $0.00 $545.02 $97,669.40
250 $97,669.40 $731.24 $0.00 $552.24 $98,952.88
251 $98,952.88 $731.24 $0.00 $559.49 $100,243.61
252 $100,243.61 $731.24 $0.00 $566.79 $101,541.64
253 $101,541.64 $0.00 $102,114.55 $574.13 $1.22