How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $88,449 |
Monthly savings required | $700 |
How much will it cost to send your child to Virginia Commonwealth University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $353,796.48 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $700.15 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 | $34,108.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 5% |
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 Virginia Commonwealth University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $700.15 | $0.00 | $0.00 | $700.15 |
2 | $700.15 | $700.15 | $0.00 | $3.96 | $1,404.26 |
3 | $1,404.26 | $700.15 | $0.00 | $7.94 | $2,112.35 |
4 | $2,112.35 | $700.15 | $0.00 | $11.94 | $2,824.44 |
5 | $2,824.44 | $700.15 | $0.00 | $15.97 | $3,540.56 |
6 | $3,540.56 | $700.15 | $0.00 | $20.02 | $4,260.73 |
7 | $4,260.73 | $700.15 | $0.00 | $24.09 | $4,984.97 |
8 | $4,984.97 | $700.15 | $0.00 | $28.19 | $5,713.31 |
9 | $5,713.31 | $700.15 | $0.00 | $32.30 | $6,445.76 |
10 | $6,445.76 | $700.15 | $0.00 | $36.45 | $7,182.36 |
11 | $7,182.36 | $700.15 | $0.00 | $40.61 | $7,923.12 |
12 | $7,923.12 | $700.15 | $0.00 | $44.80 | $8,668.07 |
13 | $8,668.07 | $700.15 | $0.00 | $49.01 | $9,417.23 |
14 | $9,417.23 | $700.15 | $0.00 | $53.25 | $10,170.63 |
15 | $10,170.63 | $700.15 | $0.00 | $57.51 | $10,928.29 |
16 | $10,928.29 | $700.15 | $0.00 | $61.79 | $11,690.23 |
17 | $11,690.23 | $700.15 | $0.00 | $66.10 | $12,456.48 |
18 | $12,456.48 | $700.15 | $0.00 | $70.43 | $13,227.06 |
19 | $13,227.06 | $700.15 | $0.00 | $74.79 | $14,002.00 |
20 | $14,002.00 | $700.15 | $0.00 | $79.17 | $14,781.32 |
21 | $14,781.32 | $700.15 | $0.00 | $83.58 | $15,565.05 |
22 | $15,565.05 | $700.15 | $0.00 | $88.01 | $16,353.21 |
23 | $16,353.21 | $700.15 | $0.00 | $92.46 | $17,145.82 |
24 | $17,145.82 | $700.15 | $0.00 | $96.94 | $17,942.91 |
25 | $17,942.91 | $700.15 | $0.00 | $101.45 | $18,744.51 |
26 | $18,744.51 | $700.15 | $0.00 | $105.98 | $19,550.64 |
27 | $19,550.64 | $700.15 | $0.00 | $110.54 | $20,361.33 |
28 | $20,361.33 | $700.15 | $0.00 | $115.13 | $21,176.61 |
29 | $21,176.61 | $700.15 | $0.00 | $119.74 | $21,996.50 |
30 | $21,996.50 | $700.15 | $0.00 | $124.37 | $22,821.02 |
31 | $22,821.02 | $700.15 | $0.00 | $129.03 | $23,650.20 |
32 | $23,650.20 | $700.15 | $0.00 | $133.72 | $24,484.07 |
33 | $24,484.07 | $700.15 | $0.00 | $138.44 | $25,322.66 |
34 | $25,322.66 | $700.15 | $0.00 | $143.18 | $26,165.99 |
35 | $26,165.99 | $700.15 | $0.00 | $147.95 | $27,014.09 |
36 | $27,014.09 | $700.15 | $0.00 | $152.74 | $27,866.98 |
37 | $27,866.98 | $700.15 | $0.00 | $157.56 | $28,724.69 |
38 | $28,724.69 | $700.15 | $0.00 | $162.41 | $29,587.25 |
39 | $29,587.25 | $700.15 | $0.00 | $167.29 | $30,454.69 |
40 | $30,454.69 | $700.15 | $0.00 | $172.20 | $31,327.04 |
41 | $31,327.04 | $700.15 | $0.00 | $177.13 | $32,204.32 |
42 | $32,204.32 | $700.15 | $0.00 | $182.09 | $33,086.56 |
43 | $33,086.56 | $700.15 | $0.00 | $187.08 | $33,973.79 |
44 | $33,973.79 | $700.15 | $0.00 | $192.09 | $34,866.03 |
45 | $34,866.03 | $700.15 | $0.00 | $197.14 | $35,763.32 |
46 | $35,763.32 | $700.15 | $0.00 | $202.21 | $36,665.68 |
47 | $36,665.68 | $700.15 | $0.00 | $207.31 | $37,573.14 |
48 | $37,573.14 | $700.15 | $0.00 | $212.44 | $38,485.73 |
49 | $38,485.73 | $700.15 | $0.00 | $217.60 | $39,403.48 |
50 | $39,403.48 | $700.15 | $0.00 | $222.79 | $40,326.42 |
51 | $40,326.42 | $700.15 | $0.00 | $228.01 | $41,254.58 |
52 | $41,254.58 | $700.15 | $0.00 | $233.26 | $42,187.99 |
53 | $42,187.99 | $700.15 | $0.00 | $238.54 | $43,126.68 |
54 | $43,126.68 | $700.15 | $0.00 | $243.84 | $44,070.67 |
55 | $44,070.67 | $700.15 | $0.00 | $249.18 | $45,020.00 |
56 | $45,020.00 | $700.15 | $0.00 | $254.55 | $45,974.70 |
57 | $45,974.70 | $700.15 | $0.00 | $259.95 | $46,934.80 |
58 | $46,934.80 | $700.15 | $0.00 | $265.38 | $47,900.33 |
59 | $47,900.33 | $700.15 | $0.00 | $270.84 | $48,871.32 |
60 | $48,871.32 | $700.15 | $0.00 | $276.33 | $49,847.80 |
61 | $49,847.80 | $700.15 | $0.00 | $281.85 | $50,829.80 |
62 | $50,829.80 | $700.15 | $0.00 | $287.40 | $51,817.35 |
63 | $51,817.35 | $700.15 | $0.00 | $292.98 | $52,810.48 |
64 | $52,810.48 | $700.15 | $0.00 | $298.60 | $53,809.23 |
65 | $53,809.23 | $700.15 | $0.00 | $304.25 | $54,813.63 |
66 | $54,813.63 | $700.15 | $0.00 | $309.92 | $55,823.70 |
67 | $55,823.70 | $700.15 | $0.00 | $315.64 | $56,839.49 |
68 | $56,839.49 | $700.15 | $0.00 | $321.38 | $57,861.02 |
69 | $57,861.02 | $700.15 | $0.00 | $327.15 | $58,888.32 |
70 | $58,888.32 | $700.15 | $0.00 | $332.96 | $59,921.43 |
71 | $59,921.43 | $700.15 | $0.00 | $338.80 | $60,960.38 |
72 | $60,960.38 | $700.15 | $0.00 | $344.68 | $62,005.21 |
73 | $62,005.21 | $700.15 | $0.00 | $350.59 | $63,055.95 |
74 | $63,055.95 | $700.15 | $0.00 | $356.53 | $64,112.63 |
75 | $64,112.63 | $700.15 | $0.00 | $362.50 | $65,175.28 |
76 | $65,175.28 | $700.15 | $0.00 | $368.51 | $66,243.94 |
77 | $66,243.94 | $700.15 | $0.00 | $374.55 | $67,318.64 |
78 | $67,318.64 | $700.15 | $0.00 | $380.63 | $68,399.42 |
79 | $68,399.42 | $700.15 | $0.00 | $386.74 | $69,486.31 |
80 | $69,486.31 | $700.15 | $0.00 | $392.89 | $70,579.35 |
81 | $70,579.35 | $700.15 | $0.00 | $399.07 | $71,678.57 |
82 | $71,678.57 | $700.15 | $0.00 | $405.28 | $72,784.00 |
83 | $72,784.00 | $700.15 | $0.00 | $411.53 | $73,895.68 |
84 | $73,895.68 | $700.15 | $0.00 | $417.82 | $75,013.65 |
85 | $75,013.65 | $700.15 | $0.00 | $424.14 | $76,137.94 |
86 | $76,137.94 | $700.15 | $0.00 | $430.49 | $77,268.58 |
87 | $77,268.58 | $700.15 | $0.00 | $436.89 | $78,405.62 |
88 | $78,405.62 | $700.15 | $0.00 | $443.32 | $79,549.09 |
89 | $79,549.09 | $700.15 | $0.00 | $449.78 | $80,699.02 |
90 | $80,699.02 | $700.15 | $0.00 | $456.28 | $81,855.45 |
91 | $81,855.45 | $700.15 | $0.00 | $462.82 | $83,018.42 |
92 | $83,018.42 | $700.15 | $0.00 | $469.40 | $84,187.97 |
93 | $84,187.97 | $700.15 | $0.00 | $476.01 | $85,364.13 |
94 | $85,364.13 | $700.15 | $0.00 | $482.66 | $86,546.94 |
95 | $86,546.94 | $700.15 | $0.00 | $489.35 | $87,736.44 |
96 | $87,736.44 | $700.15 | $0.00 | $496.07 | $88,932.66 |
97 | $88,932.66 | $700.15 | $0.00 | $502.84 | $90,135.65 |
98 | $90,135.65 | $700.15 | $0.00 | $509.64 | $91,345.44 |
99 | $91,345.44 | $700.15 | $0.00 | $516.48 | $92,562.07 |
100 | $92,562.07 | $700.15 | $0.00 | $523.36 | $93,785.58 |
101 | $93,785.58 | $700.15 | $0.00 | $530.28 | $95,016.01 |
102 | $95,016.01 | $700.15 | $0.00 | $537.23 | $96,253.39 |
103 | $96,253.39 | $700.15 | $0.00 | $544.23 | $97,497.77 |
104 | $97,497.77 | $700.15 | $0.00 | $551.27 | $98,749.19 |
105 | $98,749.19 | $700.15 | $0.00 | $558.34 | $100,007.68 |
106 | $100,007.68 | $700.15 | $0.00 | $565.46 | $101,273.29 |
107 | $101,273.29 | $700.15 | $0.00 | $572.61 | $102,546.05 |
108 | $102,546.05 | $700.15 | $0.00 | $579.81 | $103,826.01 |
109 | $103,826.01 | $700.15 | $0.00 | $587.05 | $105,113.21 |
110 | $105,113.21 | $700.15 | $0.00 | $594.33 | $106,407.69 |
111 | $106,407.69 | $700.15 | $0.00 | $601.64 | $107,709.48 |
112 | $107,709.48 | $700.15 | $0.00 | $609.01 | $109,018.64 |
113 | $109,018.64 | $700.15 | $0.00 | $616.41 | $110,335.20 |
114 | $110,335.20 | $700.15 | $0.00 | $623.85 | $111,659.20 |
115 | $111,659.20 | $700.15 | $0.00 | $631.34 | $112,990.69 |
116 | $112,990.69 | $700.15 | $0.00 | $638.87 | $114,329.71 |
117 | $114,329.71 | $700.15 | $0.00 | $646.44 | $115,676.30 |
118 | $115,676.30 | $700.15 | $0.00 | $654.05 | $117,030.50 |
119 | $117,030.50 | $700.15 | $0.00 | $661.71 | $118,392.36 |
120 | $118,392.36 | $700.15 | $0.00 | $669.41 | $119,761.92 |
121 | $119,761.92 | $700.15 | $0.00 | $677.15 | $121,139.22 |
122 | $121,139.22 | $700.15 | $0.00 | $684.94 | $122,524.31 |
123 | $122,524.31 | $700.15 | $0.00 | $692.77 | $123,917.23 |
124 | $123,917.23 | $700.15 | $0.00 | $700.65 | $125,318.03 |
125 | $125,318.03 | $700.15 | $0.00 | $708.57 | $126,726.75 |
126 | $126,726.75 | $700.15 | $0.00 | $716.53 | $128,143.43 |
127 | $128,143.43 | $700.15 | $0.00 | $724.54 | $129,568.12 |
128 | $129,568.12 | $700.15 | $0.00 | $732.60 | $131,000.87 |
129 | $131,000.87 | $700.15 | $0.00 | $740.70 | $132,441.72 |
130 | $132,441.72 | $700.15 | $0.00 | $748.84 | $133,890.71 |
131 | $133,890.71 | $700.15 | $0.00 | $757.04 | $135,347.90 |
132 | $135,347.90 | $700.15 | $0.00 | $765.28 | $136,813.33 |
133 | $136,813.33 | $700.15 | $0.00 | $773.56 | $138,287.04 |
134 | $138,287.04 | $700.15 | $0.00 | $781.90 | $139,769.09 |
135 | $139,769.09 | $700.15 | $0.00 | $790.27 | $141,259.51 |
136 | $141,259.51 | $700.15 | $0.00 | $798.70 | $142,758.36 |
137 | $142,758.36 | $700.15 | $0.00 | $807.18 | $144,265.69 |
138 | $144,265.69 | $700.15 | $0.00 | $815.70 | $145,781.54 |
139 | $145,781.54 | $700.15 | $0.00 | $824.27 | $147,305.96 |
140 | $147,305.96 | $700.15 | $0.00 | $832.89 | $148,839.00 |
141 | $148,839.00 | $700.15 | $0.00 | $841.56 | $150,380.71 |
142 | $150,380.71 | $700.15 | $0.00 | $850.27 | $151,931.13 |
143 | $151,931.13 | $700.15 | $0.00 | $859.04 | $153,490.32 |
144 | $153,490.32 | $700.15 | $0.00 | $867.86 | $155,058.33 |
145 | $155,058.33 | $700.15 | $0.00 | $876.72 | $156,635.20 |
146 | $156,635.20 | $700.15 | $0.00 | $885.64 | $158,220.99 |
147 | $158,220.99 | $700.15 | $0.00 | $894.60 | $159,815.74 |
148 | $159,815.74 | $700.15 | $0.00 | $903.62 | $161,419.51 |
149 | $161,419.51 | $700.15 | $0.00 | $912.69 | $163,032.35 |
150 | $163,032.35 | $700.15 | $0.00 | $921.81 | $164,654.31 |
151 | $164,654.31 | $700.15 | $0.00 | $930.98 | $166,285.44 |
152 | $166,285.44 | $700.15 | $0.00 | $940.20 | $167,925.79 |
153 | $167,925.79 | $700.15 | $0.00 | $949.48 | $169,575.42 |
154 | $169,575.42 | $700.15 | $0.00 | $958.80 | $171,234.37 |
155 | $171,234.37 | $700.15 | $0.00 | $968.18 | $172,902.70 |
156 | $172,902.70 | $700.15 | $0.00 | $977.62 | $174,580.47 |
157 | $174,580.47 | $700.15 | $0.00 | $987.10 | $176,267.72 |
158 | $176,267.72 | $700.15 | $0.00 | $996.64 | $177,964.51 |
159 | $177,964.51 | $700.15 | $0.00 | $1,006.24 | $179,670.90 |
160 | $179,670.90 | $700.15 | $0.00 | $1,015.89 | $181,386.94 |
161 | $181,386.94 | $700.15 | $0.00 | $1,025.59 | $183,112.68 |
162 | $183,112.68 | $700.15 | $0.00 | $1,035.35 | $184,848.18 |
163 | $184,848.18 | $700.15 | $0.00 | $1,045.16 | $186,593.49 |
164 | $186,593.49 | $700.15 | $0.00 | $1,055.03 | $188,348.67 |
165 | $188,348.67 | $700.15 | $0.00 | $1,064.95 | $190,113.77 |
166 | $190,113.77 | $700.15 | $0.00 | $1,074.93 | $191,888.85 |
167 | $191,888.85 | $700.15 | $0.00 | $1,084.97 | $193,673.97 |
168 | $193,673.97 | $700.15 | $0.00 | $1,095.06 | $195,469.18 |
169 | $195,469.18 | $700.15 | $0.00 | $1,105.21 | $197,274.54 |
170 | $197,274.54 | $700.15 | $0.00 | $1,115.42 | $199,090.11 |
171 | $199,090.11 | $700.15 | $0.00 | $1,125.68 | $200,915.94 |
172 | $200,915.94 | $700.15 | $0.00 | $1,136.01 | $202,752.10 |
173 | $202,752.10 | $700.15 | $0.00 | $1,146.39 | $204,598.64 |
174 | $204,598.64 | $700.15 | $0.00 | $1,156.83 | $206,455.62 |
175 | $206,455.62 | $700.15 | $0.00 | $1,167.33 | $208,323.10 |
176 | $208,323.10 | $700.15 | $0.00 | $1,177.89 | $210,201.14 |
177 | $210,201.14 | $700.15 | $0.00 | $1,188.51 | $212,089.80 |
178 | $212,089.80 | $700.15 | $0.00 | $1,199.19 | $213,989.14 |
179 | $213,989.14 | $700.15 | $0.00 | $1,209.93 | $215,899.22 |
180 | $215,899.22 | $700.15 | $0.00 | $1,220.73 | $217,820.10 |
181 | $217,820.10 | $700.15 | $0.00 | $1,231.59 | $219,751.84 |
182 | $219,751.84 | $700.15 | $0.00 | $1,242.51 | $221,694.50 |
183 | $221,694.50 | $700.15 | $0.00 | $1,253.49 | $223,648.14 |
184 | $223,648.14 | $700.15 | $0.00 | $1,264.54 | $225,612.83 |
185 | $225,612.83 | $700.15 | $0.00 | $1,275.65 | $227,588.63 |
186 | $227,588.63 | $700.15 | $0.00 | $1,286.82 | $229,575.60 |
187 | $229,575.60 | $700.15 | $0.00 | $1,298.05 | $231,573.80 |
188 | $231,573.80 | $700.15 | $0.00 | $1,309.35 | $233,583.30 |
189 | $233,583.30 | $700.15 | $0.00 | $1,320.71 | $235,604.16 |
190 | $235,604.16 | $700.15 | $0.00 | $1,332.14 | $237,636.45 |
191 | $237,636.45 | $700.15 | $0.00 | $1,343.63 | $239,680.23 |
192 | $239,680.23 | $700.15 | $0.00 | $1,355.19 | $241,735.57 |
193 | $241,735.57 | $700.15 | $0.00 | $1,366.81 | $243,802.53 |
194 | $243,802.53 | $700.15 | $0.00 | $1,378.49 | $245,881.17 |
195 | $245,881.17 | $700.15 | $0.00 | $1,390.25 | $247,971.57 |
196 | $247,971.57 | $700.15 | $0.00 | $1,402.07 | $250,073.79 |
197 | $250,073.79 | $700.15 | $0.00 | $1,413.95 | $252,187.89 |
198 | $252,187.89 | $700.15 | $0.00 | $1,425.91 | $254,313.95 |
199 | $254,313.95 | $700.15 | $0.00 | $1,437.93 | $256,452.03 |
200 | $256,452.03 | $700.15 | $0.00 | $1,450.02 | $258,602.20 |
201 | $258,602.20 | $700.15 | $0.00 | $1,462.17 | $260,764.52 |
202 | $260,764.52 | $700.15 | $0.00 | $1,474.40 | $262,939.07 |
203 | $262,939.07 | $700.15 | $0.00 | $1,486.70 | $265,125.92 |
204 | $265,125.92 | $700.15 | $0.00 | $1,499.06 | $267,325.13 |
205 | $267,325.13 | $700.15 | $0.00 | $1,511.50 | $269,536.78 |
206 | $269,536.78 | $700.15 | $0.00 | $1,524.00 | $271,760.93 |
207 | $271,760.93 | $700.15 | $0.00 | $1,536.58 | $273,997.66 |
208 | $273,997.66 | $700.15 | $0.00 | $1,549.22 | $276,247.03 |
209 | $276,247.03 | $700.15 | $0.00 | $1,561.94 | $278,509.12 |
210 | $278,509.12 | $700.15 | $0.00 | $1,574.73 | $280,784.00 |
211 | $280,784.00 | $700.15 | $0.00 | $1,587.59 | $283,071.74 |
212 | $283,071.74 | $700.15 | $0.00 | $1,600.53 | $285,372.42 |
213 | $285,372.42 | $700.15 | $0.00 | $1,613.54 | $287,686.11 |
214 | $287,686.11 | $700.15 | $0.00 | $1,626.62 | $290,012.88 |
215 | $290,012.88 | $700.15 | $0.00 | $1,639.77 | $292,352.80 |
216 | $292,352.80 | $700.15 | $0.00 | $1,653.01 | $294,705.96 |
217 | $294,705.96 | $700.15 | $82,084.97 | $1,666.31 | $214,987.45 |
218 | $214,987.45 | $700.15 | $0.00 | $1,215.57 | $216,903.17 |
219 | $216,903.17 | $700.15 | $0.00 | $1,226.40 | $218,829.72 |
220 | $218,829.72 | $700.15 | $0.00 | $1,237.30 | $220,767.17 |
221 | $220,767.17 | $700.15 | $0.00 | $1,248.25 | $222,715.57 |
222 | $222,715.57 | $700.15 | $0.00 | $1,259.27 | $224,674.99 |
223 | $224,674.99 | $700.15 | $0.00 | $1,270.35 | $226,645.49 |
224 | $226,645.49 | $700.15 | $0.00 | $1,281.49 | $228,627.13 |
225 | $228,627.13 | $700.15 | $0.00 | $1,292.69 | $230,619.97 |
226 | $230,619.97 | $700.15 | $0.00 | $1,303.96 | $232,624.08 |
227 | $232,624.08 | $700.15 | $0.00 | $1,315.29 | $234,639.52 |
228 | $234,639.52 | $700.15 | $0.00 | $1,326.69 | $236,666.36 |
229 | $236,666.36 | $700.15 | $86,189.22 | $1,338.15 | $152,515.44 |
230 | $152,515.44 | $700.15 | $0.00 | $862.34 | $154,077.93 |
231 | $154,077.93 | $700.15 | $0.00 | $871.18 | $155,649.26 |
232 | $155,649.26 | $700.15 | $0.00 | $880.06 | $157,229.47 |
233 | $157,229.47 | $700.15 | $0.00 | $889.00 | $158,818.62 |
234 | $158,818.62 | $700.15 | $0.00 | $897.98 | $160,416.75 |
235 | $160,416.75 | $700.15 | $0.00 | $907.02 | $162,023.92 |
236 | $162,023.92 | $700.15 | $0.00 | $916.11 | $163,640.18 |
237 | $163,640.18 | $700.15 | $0.00 | $925.25 | $165,265.58 |
238 | $165,265.58 | $700.15 | $0.00 | $934.44 | $166,900.17 |
239 | $166,900.17 | $700.15 | $0.00 | $943.68 | $168,544.00 |
240 | $168,544.00 | $700.15 | $0.00 | $952.97 | $170,197.12 |
241 | $170,197.12 | $700.15 | $90,498.68 | $962.32 | $81,360.91 |
242 | $81,360.91 | $700.15 | $0.00 | $460.03 | $82,521.09 |
243 | $82,521.09 | $700.15 | $0.00 | $466.59 | $83,687.83 |
244 | $83,687.83 | $700.15 | $0.00 | $473.18 | $84,861.16 |
245 | $84,861.16 | $700.15 | $0.00 | $479.82 | $86,041.13 |
246 | $86,041.13 | $700.15 | $0.00 | $486.49 | $87,227.77 |
247 | $87,227.77 | $700.15 | $0.00 | $493.20 | $88,421.12 |
248 | $88,421.12 | $700.15 | $0.00 | $499.95 | $89,621.22 |
249 | $89,621.22 | $700.15 | $0.00 | $506.73 | $90,828.10 |
250 | $90,828.10 | $700.15 | $0.00 | $513.56 | $92,041.81 |
251 | $92,041.81 | $700.15 | $0.00 | $520.42 | $93,262.38 |
252 | $93,262.38 | $700.15 | $0.00 | $527.32 | $94,489.85 |
253 | $94,489.85 | $0.00 | $95,023.61 | $534.26 | $0.50 |