Savings Plan and Future Cost Estimation for Lubbock Christian University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$103,049
Monthly savings required$816

How much will it cost to send your child to Lubbock Christian University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $412,195.51 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $815.71 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$39,738.00
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 Lubbock Christian University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $815.71 $0.00 $0.00 $815.71
2 $815.71 $815.71 $0.00 $4.61 $1,636.03
3 $1,636.03 $815.71 $0.00 $9.25 $2,460.99
4 $2,460.99 $815.71 $0.00 $13.91 $3,290.61
5 $3,290.61 $815.71 $0.00 $18.61 $4,124.93
6 $4,124.93 $815.71 $0.00 $23.32 $4,963.96
7 $4,963.96 $815.71 $0.00 $28.07 $5,807.74
8 $5,807.74 $815.71 $0.00 $32.84 $6,656.29
9 $6,656.29 $815.71 $0.00 $37.64 $7,509.64
10 $7,509.64 $815.71 $0.00 $42.46 $8,367.81
11 $8,367.81 $815.71 $0.00 $47.31 $9,230.83
12 $9,230.83 $815.71 $0.00 $52.19 $10,098.73
13 $10,098.73 $815.71 $0.00 $57.10 $10,971.54
14 $10,971.54 $815.71 $0.00 $62.03 $11,849.28
15 $11,849.28 $815.71 $0.00 $67.00 $12,731.99
16 $12,731.99 $815.71 $0.00 $71.99 $13,619.69
17 $13,619.69 $815.71 $0.00 $77.01 $14,512.41
18 $14,512.41 $815.71 $0.00 $82.06 $15,410.18
19 $15,410.18 $815.71 $0.00 $87.13 $16,313.02
20 $16,313.02 $815.71 $0.00 $92.24 $17,220.97
21 $17,220.97 $815.71 $0.00 $97.37 $18,134.05
22 $18,134.05 $815.71 $0.00 $102.53 $19,052.29
23 $19,052.29 $815.71 $0.00 $107.72 $19,975.72
24 $19,975.72 $815.71 $0.00 $112.95 $20,904.38
25 $20,904.38 $815.71 $0.00 $118.20 $21,838.29
26 $21,838.29 $815.71 $0.00 $123.48 $22,777.48
27 $22,777.48 $815.71 $0.00 $128.79 $23,721.98
28 $23,721.98 $815.71 $0.00 $134.13 $24,671.82
29 $24,671.82 $815.71 $0.00 $139.50 $25,627.03
30 $25,627.03 $815.71 $0.00 $144.90 $26,587.64
31 $26,587.64 $815.71 $0.00 $150.33 $27,553.68
32 $27,553.68 $815.71 $0.00 $155.79 $28,525.18
33 $28,525.18 $815.71 $0.00 $161.29 $29,502.18
34 $29,502.18 $815.71 $0.00 $166.81 $30,484.70
35 $30,484.70 $815.71 $0.00 $172.36 $31,472.77
36 $31,472.77 $815.71 $0.00 $177.95 $32,466.43
37 $32,466.43 $815.71 $0.00 $183.57 $33,465.71
38 $33,465.71 $815.71 $0.00 $189.22 $34,470.64
39 $34,470.64 $815.71 $0.00 $194.90 $35,481.25
40 $35,481.25 $815.71 $0.00 $200.62 $36,497.58
41 $36,497.58 $815.71 $0.00 $206.36 $37,519.65
42 $37,519.65 $815.71 $0.00 $212.14 $38,547.50
43 $38,547.50 $815.71 $0.00 $217.95 $39,581.16
44 $39,581.16 $815.71 $0.00 $223.80 $40,620.67
45 $40,620.67 $815.71 $0.00 $229.68 $41,666.06
46 $41,666.06 $815.71 $0.00 $235.59 $42,717.36
47 $42,717.36 $815.71 $0.00 $241.53 $43,774.60
48 $43,774.60 $815.71 $0.00 $247.51 $44,837.82
49 $44,837.82 $815.71 $0.00 $253.52 $45,907.05
50 $45,907.05 $815.71 $0.00 $259.57 $46,982.33
51 $46,982.33 $815.71 $0.00 $265.64 $48,063.68
52 $48,063.68 $815.71 $0.00 $271.76 $49,151.15
53 $49,151.15 $815.71 $0.00 $277.91 $50,244.77
54 $50,244.77 $815.71 $0.00 $284.09 $51,344.57
55 $51,344.57 $815.71 $0.00 $290.31 $52,450.59
56 $52,450.59 $815.71 $0.00 $296.56 $53,562.86
57 $53,562.86 $815.71 $0.00 $302.85 $54,681.42
58 $54,681.42 $815.71 $0.00 $309.18 $55,806.31
59 $55,806.31 $815.71 $0.00 $315.54 $56,937.56
60 $56,937.56 $815.71 $0.00 $321.93 $58,075.20
61 $58,075.20 $815.71 $0.00 $328.37 $59,219.28
62 $59,219.28 $815.71 $0.00 $334.83 $60,369.82
63 $60,369.82 $815.71 $0.00 $341.34 $61,526.87
64 $61,526.87 $815.71 $0.00 $347.88 $62,690.46
65 $62,690.46 $815.71 $0.00 $354.46 $63,860.63
66 $63,860.63 $815.71 $0.00 $361.08 $65,037.42
67 $65,037.42 $815.71 $0.00 $367.73 $66,220.86
68 $66,220.86 $815.71 $0.00 $374.42 $67,410.99
69 $67,410.99 $815.71 $0.00 $381.15 $68,607.85
70 $68,607.85 $815.71 $0.00 $387.92 $69,811.48
71 $69,811.48 $815.71 $0.00 $394.72 $71,021.91
72 $71,021.91 $815.71 $0.00 $401.57 $72,239.19
73 $72,239.19 $815.71 $0.00 $408.45 $73,463.35
74 $73,463.35 $815.71 $0.00 $415.37 $74,694.43
75 $74,694.43 $815.71 $0.00 $422.33 $75,932.47
76 $75,932.47 $815.71 $0.00 $429.33 $77,177.51
77 $77,177.51 $815.71 $0.00 $436.37 $78,429.59
78 $78,429.59 $815.71 $0.00 $443.45 $79,688.75
79 $79,688.75 $815.71 $0.00 $450.57 $80,955.03
80 $80,955.03 $815.71 $0.00 $457.73 $82,228.47
81 $82,228.47 $815.71 $0.00 $464.93 $83,509.11
82 $83,509.11 $815.71 $0.00 $472.17 $84,796.99
83 $84,796.99 $815.71 $0.00 $479.45 $86,092.15
84 $86,092.15 $815.71 $0.00 $486.78 $87,394.64
85 $87,394.64 $815.71 $0.00 $494.14 $88,704.49
86 $88,704.49 $815.71 $0.00 $501.55 $90,021.75
87 $90,021.75 $815.71 $0.00 $509.00 $91,346.46
88 $91,346.46 $815.71 $0.00 $516.49 $92,678.66
89 $92,678.66 $815.71 $0.00 $524.02 $94,018.39
90 $94,018.39 $815.71 $0.00 $531.59 $95,365.69
91 $95,365.69 $815.71 $0.00 $539.21 $96,720.61
92 $96,720.61 $815.71 $0.00 $546.87 $98,083.19
93 $98,083.19 $815.71 $0.00 $554.58 $99,453.48
94 $99,453.48 $815.71 $0.00 $562.32 $100,831.51
95 $100,831.51 $815.71 $0.00 $570.12 $102,217.34
96 $102,217.34 $815.71 $0.00 $577.95 $103,611.00
97 $103,611.00 $815.71 $0.00 $585.83 $105,012.54
98 $105,012.54 $815.71 $0.00 $593.76 $106,422.01
99 $106,422.01 $815.71 $0.00 $601.73 $107,839.45
100 $107,839.45 $815.71 $0.00 $609.74 $109,264.90
101 $109,264.90 $815.71 $0.00 $617.80 $110,698.41
102 $110,698.41 $815.71 $0.00 $625.90 $112,140.02
103 $112,140.02 $815.71 $0.00 $634.06 $113,589.79
104 $113,589.79 $815.71 $0.00 $642.25 $115,047.75
105 $115,047.75 $815.71 $0.00 $650.50 $116,513.96
106 $116,513.96 $815.71 $0.00 $658.79 $117,988.46
107 $117,988.46 $815.71 $0.00 $667.12 $119,471.29
108 $119,471.29 $815.71 $0.00 $675.51 $120,962.51
109 $120,962.51 $815.71 $0.00 $683.94 $122,462.16
110 $122,462.16 $815.71 $0.00 $692.42 $123,970.29
111 $123,970.29 $815.71 $0.00 $700.95 $125,486.95
112 $125,486.95 $815.71 $0.00 $709.52 $127,012.18
113 $127,012.18 $815.71 $0.00 $718.15 $128,546.04
114 $128,546.04 $815.71 $0.00 $726.82 $130,088.57
115 $130,088.57 $815.71 $0.00 $735.54 $131,639.82
116 $131,639.82 $815.71 $0.00 $744.31 $133,199.84
117 $133,199.84 $815.71 $0.00 $753.13 $134,768.68
118 $134,768.68 $815.71 $0.00 $762.00 $136,346.39
119 $136,346.39 $815.71 $0.00 $770.92 $137,933.02
120 $137,933.02 $815.71 $0.00 $779.89 $139,528.62
121 $139,528.62 $815.71 $0.00 $788.92 $141,133.25
122 $141,133.25 $815.71 $0.00 $797.99 $142,746.95
123 $142,746.95 $815.71 $0.00 $807.11 $144,369.77
124 $144,369.77 $815.71 $0.00 $816.29 $146,001.77
125 $146,001.77 $815.71 $0.00 $825.52 $147,643.00
126 $147,643.00 $815.71 $0.00 $834.79 $149,293.50
127 $149,293.50 $815.71 $0.00 $844.13 $150,953.34
128 $150,953.34 $815.71 $0.00 $853.51 $152,622.56
129 $152,622.56 $815.71 $0.00 $862.95 $154,301.22
130 $154,301.22 $815.71 $0.00 $872.44 $155,989.37
131 $155,989.37 $815.71 $0.00 $881.99 $157,687.07
132 $157,687.07 $815.71 $0.00 $891.59 $159,394.37
133 $159,394.37 $815.71 $0.00 $901.24 $161,111.32
134 $161,111.32 $815.71 $0.00 $910.95 $162,837.98
135 $162,837.98 $815.71 $0.00 $920.71 $164,574.40
136 $164,574.40 $815.71 $0.00 $930.53 $166,320.64
137 $166,320.64 $815.71 $0.00 $940.40 $168,076.75
138 $168,076.75 $815.71 $0.00 $950.33 $169,842.79
139 $169,842.79 $815.71 $0.00 $960.32 $171,618.82
140 $171,618.82 $815.71 $0.00 $970.36 $173,404.89
141 $173,404.89 $815.71 $0.00 $980.46 $175,201.06
142 $175,201.06 $815.71 $0.00 $990.61 $177,007.38
143 $177,007.38 $815.71 $0.00 $1,000.83 $178,823.92
144 $178,823.92 $815.71 $0.00 $1,011.10 $180,650.73
145 $180,650.73 $815.71 $0.00 $1,021.43 $182,487.87
146 $182,487.87 $815.71 $0.00 $1,031.81 $184,335.39
147 $184,335.39 $815.71 $0.00 $1,042.26 $186,193.36
148 $186,193.36 $815.71 $0.00 $1,052.76 $188,061.83
149 $188,061.83 $815.71 $0.00 $1,063.33 $189,940.87
150 $189,940.87 $815.71 $0.00 $1,073.95 $191,830.53
151 $191,830.53 $815.71 $0.00 $1,084.64 $193,730.88
152 $193,730.88 $815.71 $0.00 $1,095.38 $195,641.97
153 $195,641.97 $815.71 $0.00 $1,106.19 $197,563.87
154 $197,563.87 $815.71 $0.00 $1,117.05 $199,496.63
155 $199,496.63 $815.71 $0.00 $1,127.98 $201,440.32
156 $201,440.32 $815.71 $0.00 $1,138.97 $203,395.00
157 $203,395.00 $815.71 $0.00 $1,150.02 $205,360.73
158 $205,360.73 $815.71 $0.00 $1,161.14 $207,337.58
159 $207,337.58 $815.71 $0.00 $1,172.32 $209,325.61
160 $209,325.61 $815.71 $0.00 $1,183.56 $211,324.88
161 $211,324.88 $815.71 $0.00 $1,194.86 $213,335.45
162 $213,335.45 $815.71 $0.00 $1,206.23 $215,357.39
163 $215,357.39 $815.71 $0.00 $1,217.66 $217,390.76
164 $217,390.76 $815.71 $0.00 $1,229.16 $219,435.63
165 $219,435.63 $815.71 $0.00 $1,240.72 $221,492.06
166 $221,492.06 $815.71 $0.00 $1,252.35 $223,560.12
167 $223,560.12 $815.71 $0.00 $1,264.04 $225,639.87
168 $225,639.87 $815.71 $0.00 $1,275.80 $227,731.38
169 $227,731.38 $815.71 $0.00 $1,287.63 $229,834.72
170 $229,834.72 $815.71 $0.00 $1,299.52 $231,949.95
171 $231,949.95 $815.71 $0.00 $1,311.48 $234,077.14
172 $234,077.14 $815.71 $0.00 $1,323.51 $236,216.36
173 $236,216.36 $815.71 $0.00 $1,335.60 $238,367.67
174 $238,367.67 $815.71 $0.00 $1,347.77 $240,531.15
175 $240,531.15 $815.71 $0.00 $1,360.00 $242,706.86
176 $242,706.86 $815.71 $0.00 $1,372.30 $244,894.87
177 $244,894.87 $815.71 $0.00 $1,384.67 $247,095.25
178 $247,095.25 $815.71 $0.00 $1,397.11 $249,308.07
179 $249,308.07 $815.71 $0.00 $1,409.62 $251,533.40
180 $251,533.40 $815.71 $0.00 $1,422.21 $253,771.32
181 $253,771.32 $815.71 $0.00 $1,434.86 $256,021.89
182 $256,021.89 $815.71 $0.00 $1,447.58 $258,285.18
183 $258,285.18 $815.71 $0.00 $1,460.38 $260,561.27
184 $260,561.27 $815.71 $0.00 $1,473.25 $262,850.23
185 $262,850.23 $815.71 $0.00 $1,486.19 $265,152.13
186 $265,152.13 $815.71 $0.00 $1,499.21 $267,467.05
187 $267,467.05 $815.71 $0.00 $1,512.30 $269,795.06
188 $269,795.06 $815.71 $0.00 $1,525.46 $272,136.23
189 $272,136.23 $815.71 $0.00 $1,538.70 $274,490.64
190 $274,490.64 $815.71 $0.00 $1,552.01 $276,858.36
191 $276,858.36 $815.71 $0.00 $1,565.40 $279,239.47
192 $279,239.47 $815.71 $0.00 $1,578.86 $281,634.04
193 $281,634.04 $815.71 $0.00 $1,592.40 $284,042.15
194 $284,042.15 $815.71 $0.00 $1,606.02 $286,463.88
195 $286,463.88 $815.71 $0.00 $1,619.71 $288,899.30
196 $288,899.30 $815.71 $0.00 $1,633.48 $291,348.49
197 $291,348.49 $815.71 $0.00 $1,647.33 $293,811.53
198 $293,811.53 $815.71 $0.00 $1,661.25 $296,288.49
199 $296,288.49 $815.71 $0.00 $1,675.26 $298,779.46
200 $298,779.46 $815.71 $0.00 $1,689.34 $301,284.51
201 $301,284.51 $815.71 $0.00 $1,703.51 $303,803.73
202 $303,803.73 $815.71 $0.00 $1,717.75 $306,337.19
203 $306,337.19 $815.71 $0.00 $1,732.08 $308,884.98
204 $308,884.98 $815.71 $0.00 $1,746.48 $311,447.17
205 $311,447.17 $815.71 $0.00 $1,760.97 $314,023.85
206 $314,023.85 $815.71 $0.00 $1,775.54 $316,615.10
207 $316,615.10 $815.71 $0.00 $1,790.19 $319,221.00
208 $319,221.00 $815.71 $0.00 $1,804.92 $321,841.63
209 $321,841.63 $815.71 $0.00 $1,819.74 $324,477.08
210 $324,477.08 $815.71 $0.00 $1,834.64 $327,127.43
211 $327,127.43 $815.71 $0.00 $1,849.63 $329,792.77
212 $329,792.77 $815.71 $0.00 $1,864.70 $332,473.18
213 $332,473.18 $815.71 $0.00 $1,879.85 $335,168.74
214 $335,168.74 $815.71 $0.00 $1,895.09 $337,879.54
215 $337,879.54 $815.71 $0.00 $1,910.42 $340,605.67
216 $340,605.67 $815.71 $0.00 $1,925.83 $343,347.21
217 $343,347.21 $815.71 $95,634.24 $1,941.34 $250,470.02
218 $250,470.02 $815.71 $0.00 $1,416.19 $252,701.92
219 $252,701.92 $815.71 $0.00 $1,428.81 $254,946.44
220 $254,946.44 $815.71 $0.00 $1,441.50 $257,203.65
221 $257,203.65 $815.71 $0.00 $1,454.27 $259,473.63
222 $259,473.63 $815.71 $0.00 $1,467.10 $261,756.44
223 $261,756.44 $815.71 $0.00 $1,480.01 $264,052.16
224 $264,052.16 $815.71 $0.00 $1,492.99 $266,360.86
225 $266,360.86 $815.71 $0.00 $1,506.04 $268,682.61
226 $268,682.61 $815.71 $0.00 $1,519.17 $271,017.49
227 $271,017.49 $815.71 $0.00 $1,532.37 $273,365.57
228 $273,365.57 $815.71 $0.00 $1,545.65 $275,726.93
229 $275,726.93 $815.71 $100,415.95 $1,559.00 $177,685.69
230 $177,685.69 $815.71 $0.00 $1,004.66 $179,506.06
231 $179,506.06 $815.71 $0.00 $1,014.95 $181,336.72
232 $181,336.72 $815.71 $0.00 $1,025.30 $183,177.73
233 $183,177.73 $815.71 $0.00 $1,035.71 $185,029.15
234 $185,029.15 $815.71 $0.00 $1,046.18 $186,891.04
235 $186,891.04 $815.71 $0.00 $1,056.71 $188,763.46
236 $188,763.46 $815.71 $0.00 $1,067.30 $190,646.47
237 $190,646.47 $815.71 $0.00 $1,077.94 $192,540.12
238 $192,540.12 $815.71 $0.00 $1,088.65 $194,444.48
239 $194,444.48 $815.71 $0.00 $1,099.42 $196,359.61
240 $196,359.61 $815.71 $0.00 $1,110.25 $198,285.57
241 $198,285.57 $815.71 $105,436.74 $1,121.14 $94,785.68
242 $94,785.68 $815.71 $0.00 $535.93 $96,137.32
243 $96,137.32 $815.71 $0.00 $543.57 $97,496.60
244 $97,496.60 $815.71 $0.00 $551.26 $98,863.57
245 $98,863.57 $815.71 $0.00 $558.99 $100,238.27
246 $100,238.27 $815.71 $0.00 $566.76 $101,620.74
247 $101,620.74 $815.71 $0.00 $574.58 $103,011.03
248 $103,011.03 $815.71 $0.00 $582.44 $104,409.18
249 $104,409.18 $815.71 $0.00 $590.34 $105,815.23
250 $105,815.23 $815.71 $0.00 $598.29 $107,229.23
251 $107,229.23 $815.71 $0.00 $606.29 $108,651.23
252 $108,651.23 $815.71 $0.00 $614.33 $110,081.27
253 $110,081.27 $0.00 $110,708.58 $622.42 ($4.89)