Estimated Annual Cost in 2042 | $105,129 |
Monthly savings required | $831 |
How much will it cost to send your child to Texas Tech University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $420,517.93 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $830.86 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.
Current Annual Cost | $28,022.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 4 |
Discover how much will you need to start saving now to afford Texas Tech University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $830.86 | $0.00 | $0.00 | $830.86 |
2 | $830.86 | $830.86 | $0.00 | $4.70 | $1,666.42 |
3 | $1,666.42 | $830.86 | $0.00 | $9.42 | $2,506.70 |
4 | $2,506.70 | $830.86 | $0.00 | $14.17 | $3,351.73 |
5 | $3,351.73 | $830.86 | $0.00 | $18.95 | $4,201.54 |
6 | $4,201.54 | $830.86 | $0.00 | $23.76 | $5,056.16 |
7 | $5,056.16 | $830.86 | $0.00 | $28.59 | $5,915.61 |
8 | $5,915.61 | $830.86 | $0.00 | $33.45 | $6,779.92 |
9 | $6,779.92 | $830.86 | $0.00 | $38.33 | $7,649.11 |
10 | $7,649.11 | $830.86 | $0.00 | $43.25 | $8,523.22 |
11 | $8,523.22 | $830.86 | $0.00 | $48.19 | $9,402.27 |
12 | $9,402.27 | $830.86 | $0.00 | $53.16 | $10,286.29 |
13 | $10,286.29 | $830.86 | $0.00 | $58.16 | $11,175.31 |
14 | $11,175.31 | $830.86 | $0.00 | $63.19 | $12,069.36 |
15 | $12,069.36 | $830.86 | $0.00 | $68.24 | $12,968.46 |
16 | $12,968.46 | $830.86 | $0.00 | $73.33 | $13,872.65 |
17 | $13,872.65 | $830.86 | $0.00 | $78.44 | $14,781.95 |
18 | $14,781.95 | $830.86 | $0.00 | $83.58 | $15,696.39 |
19 | $15,696.39 | $830.86 | $0.00 | $88.75 | $16,616.00 |
20 | $16,616.00 | $830.86 | $0.00 | $93.95 | $17,540.81 |
21 | $17,540.81 | $830.86 | $0.00 | $99.18 | $18,470.85 |
22 | $18,470.85 | $830.86 | $0.00 | $104.44 | $19,406.15 |
23 | $19,406.15 | $830.86 | $0.00 | $109.73 | $20,346.74 |
24 | $20,346.74 | $830.86 | $0.00 | $115.04 | $21,292.64 |
25 | $21,292.64 | $830.86 | $0.00 | $120.39 | $22,243.89 |
26 | $22,243.89 | $830.86 | $0.00 | $125.77 | $23,200.52 |
27 | $23,200.52 | $830.86 | $0.00 | $131.18 | $24,162.56 |
28 | $24,162.56 | $830.86 | $0.00 | $136.62 | $25,130.04 |
29 | $25,130.04 | $830.86 | $0.00 | $142.09 | $26,102.99 |
30 | $26,102.99 | $830.86 | $0.00 | $147.59 | $27,081.44 |
31 | $27,081.44 | $830.86 | $0.00 | $153.12 | $28,065.42 |
32 | $28,065.42 | $830.86 | $0.00 | $158.69 | $29,054.97 |
33 | $29,054.97 | $830.86 | $0.00 | $164.28 | $30,050.11 |
34 | $30,050.11 | $830.86 | $0.00 | $169.91 | $31,050.88 |
35 | $31,050.88 | $830.86 | $0.00 | $175.57 | $32,057.31 |
36 | $32,057.31 | $830.86 | $0.00 | $181.26 | $33,069.43 |
37 | $33,069.43 | $830.86 | $0.00 | $186.98 | $34,087.27 |
38 | $34,087.27 | $830.86 | $0.00 | $192.73 | $35,110.86 |
39 | $35,110.86 | $830.86 | $0.00 | $198.52 | $36,140.24 |
40 | $36,140.24 | $830.86 | $0.00 | $204.34 | $37,175.44 |
41 | $37,175.44 | $830.86 | $0.00 | $210.20 | $38,216.50 |
42 | $38,216.50 | $830.86 | $0.00 | $216.08 | $39,263.44 |
43 | $39,263.44 | $830.86 | $0.00 | $222.00 | $40,316.30 |
44 | $40,316.30 | $830.86 | $0.00 | $227.95 | $41,375.11 |
45 | $41,375.11 | $830.86 | $0.00 | $233.94 | $42,439.91 |
46 | $42,439.91 | $830.86 | $0.00 | $239.96 | $43,510.73 |
47 | $43,510.73 | $830.86 | $0.00 | $246.02 | $44,587.61 |
48 | $44,587.61 | $830.86 | $0.00 | $252.10 | $45,670.57 |
49 | $45,670.57 | $830.86 | $0.00 | $258.23 | $46,759.66 |
50 | $46,759.66 | $830.86 | $0.00 | $264.39 | $47,854.91 |
51 | $47,854.91 | $830.86 | $0.00 | $270.58 | $48,956.35 |
52 | $48,956.35 | $830.86 | $0.00 | $276.81 | $50,064.02 |
53 | $50,064.02 | $830.86 | $0.00 | $283.07 | $51,177.95 |
54 | $51,177.95 | $830.86 | $0.00 | $289.37 | $52,298.18 |
55 | $52,298.18 | $830.86 | $0.00 | $295.70 | $53,424.74 |
56 | $53,424.74 | $830.86 | $0.00 | $302.07 | $54,557.67 |
57 | $54,557.67 | $830.86 | $0.00 | $308.48 | $55,697.01 |
58 | $55,697.01 | $830.86 | $0.00 | $314.92 | $56,842.79 |
59 | $56,842.79 | $830.86 | $0.00 | $321.40 | $57,995.05 |
60 | $57,995.05 | $830.86 | $0.00 | $327.91 | $59,153.82 |
61 | $59,153.82 | $830.86 | $0.00 | $334.46 | $60,319.14 |
62 | $60,319.14 | $830.86 | $0.00 | $341.05 | $61,491.05 |
63 | $61,491.05 | $830.86 | $0.00 | $347.68 | $62,669.59 |
64 | $62,669.59 | $830.86 | $0.00 | $354.34 | $63,854.79 |
65 | $63,854.79 | $830.86 | $0.00 | $361.04 | $65,046.69 |
66 | $65,046.69 | $830.86 | $0.00 | $367.78 | $66,245.33 |
67 | $66,245.33 | $830.86 | $0.00 | $374.56 | $67,450.75 |
68 | $67,450.75 | $830.86 | $0.00 | $381.38 | $68,662.99 |
69 | $68,662.99 | $830.86 | $0.00 | $388.23 | $69,882.08 |
70 | $69,882.08 | $830.86 | $0.00 | $395.12 | $71,108.06 |
71 | $71,108.06 | $830.86 | $0.00 | $402.06 | $72,340.98 |
72 | $72,340.98 | $830.86 | $0.00 | $409.03 | $73,580.87 |
73 | $73,580.87 | $830.86 | $0.00 | $416.04 | $74,827.77 |
74 | $74,827.77 | $830.86 | $0.00 | $423.09 | $76,081.72 |
75 | $76,081.72 | $830.86 | $0.00 | $430.18 | $77,342.76 |
76 | $77,342.76 | $830.86 | $0.00 | $437.31 | $78,610.93 |
77 | $78,610.93 | $830.86 | $0.00 | $444.48 | $79,886.27 |
78 | $79,886.27 | $830.86 | $0.00 | $451.69 | $81,168.82 |
79 | $81,168.82 | $830.86 | $0.00 | $458.94 | $82,458.62 |
80 | $82,458.62 | $830.86 | $0.00 | $466.23 | $83,755.71 |
81 | $83,755.71 | $830.86 | $0.00 | $473.57 | $85,060.14 |
82 | $85,060.14 | $830.86 | $0.00 | $480.94 | $86,371.94 |
83 | $86,371.94 | $830.86 | $0.00 | $488.36 | $87,691.16 |
84 | $87,691.16 | $830.86 | $0.00 | $495.82 | $89,017.84 |
85 | $89,017.84 | $830.86 | $0.00 | $503.32 | $90,352.02 |
86 | $90,352.02 | $830.86 | $0.00 | $510.86 | $91,693.74 |
87 | $91,693.74 | $830.86 | $0.00 | $518.45 | $93,043.05 |
88 | $93,043.05 | $830.86 | $0.00 | $526.08 | $94,399.99 |
89 | $94,399.99 | $830.86 | $0.00 | $533.75 | $95,764.60 |
90 | $95,764.60 | $830.86 | $0.00 | $541.47 | $97,136.93 |
91 | $97,136.93 | $830.86 | $0.00 | $549.23 | $98,517.02 |
92 | $98,517.02 | $830.86 | $0.00 | $557.03 | $99,904.91 |
93 | $99,904.91 | $830.86 | $0.00 | $564.88 | $101,300.65 |
94 | $101,300.65 | $830.86 | $0.00 | $572.77 | $102,704.28 |
95 | $102,704.28 | $830.86 | $0.00 | $580.70 | $104,115.84 |
96 | $104,115.84 | $830.86 | $0.00 | $588.69 | $105,535.39 |
97 | $105,535.39 | $830.86 | $0.00 | $596.71 | $106,962.96 |
98 | $106,962.96 | $830.86 | $0.00 | $604.78 | $108,398.60 |
99 | $108,398.60 | $830.86 | $0.00 | $612.90 | $109,842.36 |
100 | $109,842.36 | $830.86 | $0.00 | $621.06 | $111,294.28 |
101 | $111,294.28 | $830.86 | $0.00 | $629.27 | $112,754.41 |
102 | $112,754.41 | $830.86 | $0.00 | $637.53 | $114,222.80 |
103 | $114,222.80 | $830.86 | $0.00 | $645.83 | $115,699.49 |
104 | $115,699.49 | $830.86 | $0.00 | $654.18 | $117,184.53 |
105 | $117,184.53 | $830.86 | $0.00 | $662.58 | $118,677.97 |
106 | $118,677.97 | $830.86 | $0.00 | $671.02 | $120,179.85 |
107 | $120,179.85 | $830.86 | $0.00 | $679.51 | $121,690.22 |
108 | $121,690.22 | $830.86 | $0.00 | $688.05 | $123,209.13 |
109 | $123,209.13 | $830.86 | $0.00 | $696.64 | $124,736.63 |
110 | $124,736.63 | $830.86 | $0.00 | $705.28 | $126,272.77 |
111 | $126,272.77 | $830.86 | $0.00 | $713.96 | $127,817.59 |
112 | $127,817.59 | $830.86 | $0.00 | $722.70 | $129,371.15 |
113 | $129,371.15 | $830.86 | $0.00 | $731.48 | $130,933.49 |
114 | $130,933.49 | $830.86 | $0.00 | $740.32 | $132,504.67 |
115 | $132,504.67 | $830.86 | $0.00 | $749.20 | $134,084.73 |
116 | $134,084.73 | $830.86 | $0.00 | $758.13 | $135,673.72 |
117 | $135,673.72 | $830.86 | $0.00 | $767.12 | $137,271.70 |
118 | $137,271.70 | $830.86 | $0.00 | $776.15 | $138,878.71 |
119 | $138,878.71 | $830.86 | $0.00 | $785.24 | $140,494.81 |
120 | $140,494.81 | $830.86 | $0.00 | $794.38 | $142,120.05 |
121 | $142,120.05 | $830.86 | $0.00 | $803.57 | $143,754.48 |
122 | $143,754.48 | $830.86 | $0.00 | $812.81 | $145,398.15 |
123 | $145,398.15 | $830.86 | $0.00 | $822.10 | $147,051.11 |
124 | $147,051.11 | $830.86 | $0.00 | $831.45 | $148,713.42 |
125 | $148,713.42 | $830.86 | $0.00 | $840.85 | $150,385.13 |
126 | $150,385.13 | $830.86 | $0.00 | $850.30 | $152,066.29 |
127 | $152,066.29 | $830.86 | $0.00 | $859.80 | $153,756.95 |
128 | $153,756.95 | $830.86 | $0.00 | $869.36 | $155,457.17 |
129 | $155,457.17 | $830.86 | $0.00 | $878.98 | $157,167.01 |
130 | $157,167.01 | $830.86 | $0.00 | $888.65 | $158,886.52 |
131 | $158,886.52 | $830.86 | $0.00 | $898.37 | $160,615.75 |
132 | $160,615.75 | $830.86 | $0.00 | $908.14 | $162,354.75 |
133 | $162,354.75 | $830.86 | $0.00 | $917.98 | $164,103.59 |
134 | $164,103.59 | $830.86 | $0.00 | $927.87 | $165,862.32 |
135 | $165,862.32 | $830.86 | $0.00 | $937.81 | $167,630.99 |
136 | $167,630.99 | $830.86 | $0.00 | $947.81 | $169,409.66 |
137 | $169,409.66 | $830.86 | $0.00 | $957.87 | $171,198.39 |
138 | $171,198.39 | $830.86 | $0.00 | $967.98 | $172,997.23 |
139 | $172,997.23 | $830.86 | $0.00 | $978.15 | $174,806.24 |
140 | $174,806.24 | $830.86 | $0.00 | $988.38 | $176,625.48 |
141 | $176,625.48 | $830.86 | $0.00 | $998.67 | $178,455.01 |
142 | $178,455.01 | $830.86 | $0.00 | $1,009.01 | $180,294.88 |
143 | $180,294.88 | $830.86 | $0.00 | $1,019.41 | $182,145.15 |
144 | $182,145.15 | $830.86 | $0.00 | $1,029.88 | $184,005.89 |
145 | $184,005.89 | $830.86 | $0.00 | $1,040.40 | $185,877.15 |
146 | $185,877.15 | $830.86 | $0.00 | $1,050.98 | $187,758.99 |
147 | $187,758.99 | $830.86 | $0.00 | $1,061.62 | $189,651.47 |
148 | $189,651.47 | $830.86 | $0.00 | $1,072.32 | $191,554.65 |
149 | $191,554.65 | $830.86 | $0.00 | $1,083.08 | $193,468.59 |
150 | $193,468.59 | $830.86 | $0.00 | $1,093.90 | $195,393.35 |
151 | $195,393.35 | $830.86 | $0.00 | $1,104.78 | $197,328.99 |
152 | $197,328.99 | $830.86 | $0.00 | $1,115.73 | $199,275.58 |
153 | $199,275.58 | $830.86 | $0.00 | $1,126.73 | $201,233.17 |
154 | $201,233.17 | $830.86 | $0.00 | $1,137.80 | $203,201.83 |
155 | $203,201.83 | $830.86 | $0.00 | $1,148.93 | $205,181.62 |
156 | $205,181.62 | $830.86 | $0.00 | $1,160.13 | $207,172.61 |
157 | $207,172.61 | $830.86 | $0.00 | $1,171.38 | $209,174.85 |
158 | $209,174.85 | $830.86 | $0.00 | $1,182.71 | $211,188.42 |
159 | $211,188.42 | $830.86 | $0.00 | $1,194.09 | $213,213.37 |
160 | $213,213.37 | $830.86 | $0.00 | $1,205.54 | $215,249.77 |
161 | $215,249.77 | $830.86 | $0.00 | $1,217.05 | $217,297.68 |
162 | $217,297.68 | $830.86 | $0.00 | $1,228.63 | $219,357.17 |
163 | $219,357.17 | $830.86 | $0.00 | $1,240.28 | $221,428.31 |
164 | $221,428.31 | $830.86 | $0.00 | $1,251.99 | $223,511.16 |
165 | $223,511.16 | $830.86 | $0.00 | $1,263.76 | $225,605.78 |
166 | $225,605.78 | $830.86 | $0.00 | $1,275.61 | $227,712.25 |
167 | $227,712.25 | $830.86 | $0.00 | $1,287.52 | $229,830.63 |
168 | $229,830.63 | $830.86 | $0.00 | $1,299.50 | $231,960.99 |
169 | $231,960.99 | $830.86 | $0.00 | $1,311.54 | $234,103.39 |
170 | $234,103.39 | $830.86 | $0.00 | $1,323.65 | $236,257.90 |
171 | $236,257.90 | $830.86 | $0.00 | $1,335.84 | $238,424.60 |
172 | $238,424.60 | $830.86 | $0.00 | $1,348.09 | $240,603.55 |
173 | $240,603.55 | $830.86 | $0.00 | $1,360.41 | $242,794.82 |
174 | $242,794.82 | $830.86 | $0.00 | $1,372.80 | $244,998.48 |
175 | $244,998.48 | $830.86 | $0.00 | $1,385.26 | $247,214.60 |
176 | $247,214.60 | $830.86 | $0.00 | $1,397.79 | $249,443.25 |
177 | $249,443.25 | $830.86 | $0.00 | $1,410.39 | $251,684.50 |
178 | $251,684.50 | $830.86 | $0.00 | $1,423.06 | $253,938.42 |
179 | $253,938.42 | $830.86 | $0.00 | $1,435.80 | $256,205.08 |
180 | $256,205.08 | $830.86 | $0.00 | $1,448.62 | $258,484.56 |
181 | $258,484.56 | $830.86 | $0.00 | $1,461.51 | $260,776.93 |
182 | $260,776.93 | $830.86 | $0.00 | $1,474.47 | $263,082.26 |
183 | $263,082.26 | $830.86 | $0.00 | $1,487.51 | $265,400.63 |
184 | $265,400.63 | $830.86 | $0.00 | $1,500.61 | $267,732.10 |
185 | $267,732.10 | $830.86 | $0.00 | $1,513.80 | $270,076.76 |
186 | $270,076.76 | $830.86 | $0.00 | $1,527.05 | $272,434.67 |
187 | $272,434.67 | $830.86 | $0.00 | $1,540.39 | $274,805.92 |
188 | $274,805.92 | $830.86 | $0.00 | $1,553.79 | $277,190.57 |
189 | $277,190.57 | $830.86 | $0.00 | $1,567.28 | $279,588.71 |
190 | $279,588.71 | $830.86 | $0.00 | $1,580.84 | $282,000.41 |
191 | $282,000.41 | $830.86 | $0.00 | $1,594.47 | $284,425.74 |
192 | $284,425.74 | $830.86 | $0.00 | $1,608.18 | $286,864.78 |
193 | $286,864.78 | $830.86 | $0.00 | $1,621.98 | $289,317.62 |
194 | $289,317.62 | $830.86 | $0.00 | $1,635.84 | $291,784.32 |
195 | $291,784.32 | $830.86 | $0.00 | $1,649.79 | $294,264.97 |
196 | $294,264.97 | $830.86 | $0.00 | $1,663.82 | $296,759.65 |
197 | $296,759.65 | $830.86 | $0.00 | $1,677.92 | $299,268.43 |
198 | $299,268.43 | $830.86 | $0.00 | $1,692.11 | $301,791.40 |
199 | $301,791.40 | $830.86 | $0.00 | $1,706.37 | $304,328.63 |
200 | $304,328.63 | $830.86 | $0.00 | $1,720.72 | $306,880.21 |
201 | $306,880.21 | $830.86 | $0.00 | $1,735.15 | $309,446.22 |
202 | $309,446.22 | $830.86 | $0.00 | $1,749.65 | $312,026.73 |
203 | $312,026.73 | $830.86 | $0.00 | $1,764.24 | $314,621.83 |
204 | $314,621.83 | $830.86 | $0.00 | $1,778.92 | $317,231.61 |
205 | $317,231.61 | $830.86 | $0.00 | $1,793.67 | $319,856.14 |
206 | $319,856.14 | $830.86 | $0.00 | $1,808.51 | $322,495.51 |
207 | $322,495.51 | $830.86 | $0.00 | $1,823.44 | $325,149.81 |
208 | $325,149.81 | $830.86 | $0.00 | $1,838.44 | $327,819.11 |
209 | $327,819.11 | $830.86 | $0.00 | $1,853.54 | $330,503.51 |
210 | $330,503.51 | $830.86 | $0.00 | $1,868.71 | $333,203.08 |
211 | $333,203.08 | $830.86 | $0.00 | $1,883.98 | $335,917.92 |
212 | $335,917.92 | $830.86 | $0.00 | $1,899.33 | $338,648.11 |
213 | $338,648.11 | $830.86 | $0.00 | $1,914.77 | $341,393.74 |
214 | $341,393.74 | $830.86 | $0.00 | $1,930.29 | $344,154.89 |
215 | $344,154.89 | $830.86 | $0.00 | $1,945.90 | $346,931.65 |
216 | $346,931.65 | $830.86 | $0.00 | $1,961.60 | $349,724.11 |
217 | $349,724.11 | $830.86 | $94,712.46 | $1,977.39 | $257,819.90 |
218 | $257,819.90 | $830.86 | $0.00 | $1,457.75 | $260,108.51 |
219 | $260,108.51 | $830.86 | $0.00 | $1,470.69 | $262,410.06 |
220 | $262,410.06 | $830.86 | $0.00 | $1,483.70 | $264,724.62 |
221 | $264,724.62 | $830.86 | $0.00 | $1,496.79 | $267,052.27 |
222 | $267,052.27 | $830.86 | $0.00 | $1,509.95 | $269,393.08 |
223 | $269,393.08 | $830.86 | $0.00 | $1,523.19 | $271,747.13 |
224 | $271,747.13 | $830.86 | $0.00 | $1,536.50 | $274,114.49 |
225 | $274,114.49 | $830.86 | $0.00 | $1,549.88 | $276,495.23 |
226 | $276,495.23 | $830.86 | $0.00 | $1,563.34 | $278,889.43 |
227 | $278,889.43 | $830.86 | $0.00 | $1,576.88 | $281,297.17 |
228 | $281,297.17 | $830.86 | $0.00 | $1,590.50 | $283,718.53 |
229 | $283,718.53 | $830.86 | $101,342.33 | $1,604.19 | $184,811.25 |
230 | $184,811.25 | $830.86 | $0.00 | $1,044.95 | $186,687.06 |
231 | $186,687.06 | $830.86 | $0.00 | $1,055.56 | $188,573.48 |
232 | $188,573.48 | $830.86 | $0.00 | $1,066.22 | $190,470.56 |
233 | $190,470.56 | $830.86 | $0.00 | $1,076.95 | $192,378.37 |
234 | $192,378.37 | $830.86 | $0.00 | $1,087.74 | $194,296.97 |
235 | $194,296.97 | $830.86 | $0.00 | $1,098.58 | $196,226.41 |
236 | $196,226.41 | $830.86 | $0.00 | $1,109.49 | $198,166.76 |
237 | $198,166.76 | $830.86 | $0.00 | $1,120.46 | $200,118.08 |
238 | $200,118.08 | $830.86 | $0.00 | $1,131.50 | $202,080.44 |
239 | $202,080.44 | $830.86 | $0.00 | $1,142.59 | $204,053.89 |
240 | $204,053.89 | $830.86 | $0.00 | $1,153.75 | $206,038.50 |
241 | $206,038.50 | $830.86 | $108,436.30 | $1,164.97 | $99,598.03 |
242 | $99,598.03 | $830.86 | $0.00 | $563.14 | $100,992.03 |
243 | $100,992.03 | $830.86 | $0.00 | $571.02 | $102,393.91 |
244 | $102,393.91 | $830.86 | $0.00 | $578.95 | $103,803.72 |
245 | $103,803.72 | $830.86 | $0.00 | $586.92 | $105,221.50 |
246 | $105,221.50 | $830.86 | $0.00 | $594.94 | $106,647.30 |
247 | $106,647.30 | $830.86 | $0.00 | $603.00 | $108,081.16 |
248 | $108,081.16 | $830.86 | $0.00 | $611.11 | $109,523.13 |
249 | $109,523.13 | $830.86 | $0.00 | $619.26 | $110,973.25 |
250 | $110,973.25 | $830.86 | $0.00 | $627.46 | $112,431.57 |
251 | $112,431.57 | $830.86 | $0.00 | $635.70 | $113,898.13 |
252 | $113,898.13 | $830.86 | $0.00 | $644.00 | $115,372.99 |
253 | $115,372.99 | $0.00 | $116,026.84 | $652.34 | -$1.51 |