# Savings Plan and Future Cost Estimation for The National Hispanic University

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2042 \$74,831 Monthly savings required \$591

How much will it cost to send your child to The National Hispanic University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$299,323.77 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of \$591.40 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 \$19,946.00 Years until enrollment 18 Annual Tuition Increase 7% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford The National Hispanic University in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$591.40 \$0.00 \$0.00 \$591.40
2 \$591.40 \$591.40 \$0.00 \$3.34 \$1,186.14
3 \$1,186.14 \$591.40 \$0.00 \$6.71 \$1,784.25
4 \$1,784.25 \$591.40 \$0.00 \$10.09 \$2,385.74
5 \$2,385.74 \$591.40 \$0.00 \$13.49 \$2,990.63
6 \$2,990.63 \$591.40 \$0.00 \$16.91 \$3,598.94
7 \$3,598.94 \$591.40 \$0.00 \$20.35 \$4,210.69
8 \$4,210.69 \$591.40 \$0.00 \$23.81 \$4,825.90
9 \$4,825.90 \$591.40 \$0.00 \$27.29 \$5,444.59
10 \$5,444.59 \$591.40 \$0.00 \$30.78 \$6,066.77
11 \$6,066.77 \$591.40 \$0.00 \$34.30 \$6,692.47
12 \$6,692.47 \$591.40 \$0.00 \$37.84 \$7,321.71
13 \$7,321.71 \$591.40 \$0.00 \$41.40 \$7,954.51
14 \$7,954.51 \$591.40 \$0.00 \$44.98 \$8,590.89
15 \$8,590.89 \$591.40 \$0.00 \$48.57 \$9,230.86
16 \$9,230.86 \$591.40 \$0.00 \$52.19 \$9,874.45
17 \$9,874.45 \$591.40 \$0.00 \$55.83 \$10,521.68
18 \$10,521.68 \$591.40 \$0.00 \$59.49 \$11,172.57
19 \$11,172.57 \$591.40 \$0.00 \$63.17 \$11,827.14
20 \$11,827.14 \$591.40 \$0.00 \$66.87 \$12,485.41
21 \$12,485.41 \$591.40 \$0.00 \$70.59 \$13,147.40
22 \$13,147.40 \$591.40 \$0.00 \$74.34 \$13,813.14
23 \$13,813.14 \$591.40 \$0.00 \$78.10 \$14,482.64
24 \$14,482.64 \$591.40 \$0.00 \$81.89 \$15,155.93
25 \$15,155.93 \$591.40 \$0.00 \$85.69 \$15,833.02
26 \$15,833.02 \$591.40 \$0.00 \$89.52 \$16,513.94
27 \$16,513.94 \$591.40 \$0.00 \$93.37 \$17,198.71
28 \$17,198.71 \$591.40 \$0.00 \$97.24 \$17,887.35
29 \$17,887.35 \$591.40 \$0.00 \$101.14 \$18,579.89
30 \$18,579.89 \$591.40 \$0.00 \$105.05 \$19,276.34
31 \$19,276.34 \$591.40 \$0.00 \$108.99 \$19,976.73
32 \$19,976.73 \$591.40 \$0.00 \$112.95 \$20,681.08
33 \$20,681.08 \$591.40 \$0.00 \$116.93 \$21,389.41
34 \$21,389.41 \$591.40 \$0.00 \$120.94 \$22,101.75
35 \$22,101.75 \$591.40 \$0.00 \$124.97 \$22,818.12
36 \$22,818.12 \$591.40 \$0.00 \$129.02 \$23,538.54
37 \$23,538.54 \$591.40 \$0.00 \$133.09 \$24,263.03
38 \$24,263.03 \$591.40 \$0.00 \$137.19 \$24,991.62
39 \$24,991.62 \$591.40 \$0.00 \$141.31 \$25,724.33
40 \$25,724.33 \$591.40 \$0.00 \$145.45 \$26,461.18
41 \$26,461.18 \$591.40 \$0.00 \$149.62 \$27,202.20
42 \$27,202.20 \$591.40 \$0.00 \$153.81 \$27,947.41
43 \$27,947.41 \$591.40 \$0.00 \$158.02 \$28,696.83
44 \$28,696.83 \$591.40 \$0.00 \$162.26 \$29,450.49
45 \$29,450.49 \$591.40 \$0.00 \$166.52 \$30,208.41
46 \$30,208.41 \$591.40 \$0.00 \$170.80 \$30,970.61
47 \$30,970.61 \$591.40 \$0.00 \$175.11 \$31,737.12
48 \$31,737.12 \$591.40 \$0.00 \$179.45 \$32,507.97
49 \$32,507.97 \$591.40 \$0.00 \$183.80 \$33,283.17
50 \$33,283.17 \$591.40 \$0.00 \$188.19 \$34,062.76
51 \$34,062.76 \$591.40 \$0.00 \$192.60 \$34,846.76
52 \$34,846.76 \$591.40 \$0.00 \$197.03 \$35,635.19
53 \$35,635.19 \$591.40 \$0.00 \$201.49 \$36,428.08
54 \$36,428.08 \$591.40 \$0.00 \$205.97 \$37,225.45
55 \$37,225.45 \$591.40 \$0.00 \$210.48 \$38,027.33
56 \$38,027.33 \$591.40 \$0.00 \$215.01 \$38,833.74
57 \$38,833.74 \$591.40 \$0.00 \$219.57 \$39,644.71
58 \$39,644.71 \$591.40 \$0.00 \$224.16 \$40,460.27
59 \$40,460.27 \$591.40 \$0.00 \$228.77 \$41,280.44
60 \$41,280.44 \$591.40 \$0.00 \$233.41 \$42,105.25
61 \$42,105.25 \$591.40 \$0.00 \$238.07 \$42,934.72
62 \$42,934.72 \$591.40 \$0.00 \$242.76 \$43,768.88
63 \$43,768.88 \$591.40 \$0.00 \$247.48 \$44,607.76
64 \$44,607.76 \$591.40 \$0.00 \$252.22 \$45,451.38
65 \$45,451.38 \$591.40 \$0.00 \$256.99 \$46,299.77
66 \$46,299.77 \$591.40 \$0.00 \$261.79 \$47,152.96
67 \$47,152.96 \$591.40 \$0.00 \$266.61 \$48,010.97
68 \$48,010.97 \$591.40 \$0.00 \$271.46 \$48,873.83
69 \$48,873.83 \$591.40 \$0.00 \$276.34 \$49,741.57
70 \$49,741.57 \$591.40 \$0.00 \$281.25 \$50,614.22
71 \$50,614.22 \$591.40 \$0.00 \$286.18 \$51,491.80
72 \$51,491.80 \$591.40 \$0.00 \$291.14 \$52,374.34
73 \$52,374.34 \$591.40 \$0.00 \$296.13 \$53,261.87
74 \$53,261.87 \$591.40 \$0.00 \$301.15 \$54,154.42
75 \$54,154.42 \$591.40 \$0.00 \$306.20 \$55,052.02
76 \$55,052.02 \$591.40 \$0.00 \$311.27 \$55,954.69
77 \$55,954.69 \$591.40 \$0.00 \$316.38 \$56,862.47
78 \$56,862.47 \$591.40 \$0.00 \$321.51 \$57,775.38
79 \$57,775.38 \$591.40 \$0.00 \$326.67 \$58,693.45
80 \$58,693.45 \$591.40 \$0.00 \$331.86 \$59,616.71
81 \$59,616.71 \$591.40 \$0.00 \$337.08 \$60,545.19
82 \$60,545.19 \$591.40 \$0.00 \$342.33 \$61,478.92
83 \$61,478.92 \$591.40 \$0.00 \$347.61 \$62,417.93
84 \$62,417.93 \$591.40 \$0.00 \$352.92 \$63,362.25
85 \$63,362.25 \$591.40 \$0.00 \$358.26 \$64,311.91
86 \$64,311.91 \$591.40 \$0.00 \$363.63 \$65,266.94
87 \$65,266.94 \$591.40 \$0.00 \$369.03 \$66,227.37
88 \$66,227.37 \$591.40 \$0.00 \$374.46 \$67,193.23
89 \$67,193.23 \$591.40 \$0.00 \$379.92 \$68,164.55
90 \$68,164.55 \$591.40 \$0.00 \$385.41 \$69,141.36
91 \$69,141.36 \$591.40 \$0.00 \$390.94 \$70,123.70
92 \$70,123.70 \$591.40 \$0.00 \$396.49 \$71,111.59
93 \$71,111.59 \$591.40 \$0.00 \$402.08 \$72,105.07
94 \$72,105.07 \$591.40 \$0.00 \$407.69 \$73,104.16
95 \$73,104.16 \$591.40 \$0.00 \$413.34 \$74,108.90
96 \$74,108.90 \$591.40 \$0.00 \$419.02 \$75,119.32
97 \$75,119.32 \$591.40 \$0.00 \$424.74 \$76,135.46
98 \$76,135.46 \$591.40 \$0.00 \$430.48 \$77,157.34
99 \$77,157.34 \$591.40 \$0.00 \$436.26 \$78,185.00
100 \$78,185.00 \$591.40 \$0.00 \$442.07 \$79,218.47
101 \$79,218.47 \$591.40 \$0.00 \$447.91 \$80,257.78
102 \$80,257.78 \$591.40 \$0.00 \$453.79 \$81,302.97
103 \$81,302.97 \$591.40 \$0.00 \$459.70 \$82,354.07
104 \$82,354.07 \$591.40 \$0.00 \$465.64 \$83,411.11
105 \$83,411.11 \$591.40 \$0.00 \$471.62 \$84,474.13
106 \$84,474.13 \$591.40 \$0.00 \$477.63 \$85,543.16
107 \$85,543.16 \$591.40 \$0.00 \$483.67 \$86,618.23
108 \$86,618.23 \$591.40 \$0.00 \$489.75 \$87,699.38
109 \$87,699.38 \$591.40 \$0.00 \$495.87 \$88,786.65
110 \$88,786.65 \$591.40 \$0.00 \$502.01 \$89,880.06
111 \$89,880.06 \$591.40 \$0.00 \$508.19 \$90,979.65
112 \$90,979.65 \$591.40 \$0.00 \$514.41 \$92,085.46
113 \$92,085.46 \$591.40 \$0.00 \$520.66 \$93,197.52
114 \$93,197.52 \$591.40 \$0.00 \$526.95 \$94,315.87
115 \$94,315.87 \$591.40 \$0.00 \$533.28 \$95,440.55
116 \$95,440.55 \$591.40 \$0.00 \$539.63 \$96,571.58
117 \$96,571.58 \$591.40 \$0.00 \$546.03 \$97,709.01
118 \$97,709.01 \$591.40 \$0.00 \$552.46 \$98,852.87
119 \$98,852.87 \$591.40 \$0.00 \$558.93 \$100,003.20
120 \$100,003.20 \$591.40 \$0.00 \$565.43 \$101,160.03
121 \$101,160.03 \$591.40 \$0.00 \$571.97 \$102,323.40
122 \$102,323.40 \$591.40 \$0.00 \$578.55 \$103,493.35
123 \$103,493.35 \$591.40 \$0.00 \$585.17 \$104,669.92
124 \$104,669.92 \$591.40 \$0.00 \$591.82 \$105,853.14
125 \$105,853.14 \$591.40 \$0.00 \$598.51 \$107,043.05
126 \$107,043.05 \$591.40 \$0.00 \$605.24 \$108,239.69
127 \$108,239.69 \$591.40 \$0.00 \$612.00 \$109,443.09
128 \$109,443.09 \$591.40 \$0.00 \$618.81 \$110,653.30
129 \$110,653.30 \$591.40 \$0.00 \$625.65 \$111,870.35
130 \$111,870.35 \$591.40 \$0.00 \$632.53 \$113,094.28
131 \$113,094.28 \$591.40 \$0.00 \$639.45 \$114,325.13
132 \$114,325.13 \$591.40 \$0.00 \$646.41 \$115,562.94
133 \$115,562.94 \$591.40 \$0.00 \$653.41 \$116,807.75
134 \$116,807.75 \$591.40 \$0.00 \$660.45 \$118,059.60
135 \$118,059.60 \$591.40 \$0.00 \$667.53 \$119,318.53
136 \$119,318.53 \$591.40 \$0.00 \$674.64 \$120,584.57
137 \$120,584.57 \$591.40 \$0.00 \$681.80 \$121,857.77
138 \$121,857.77 \$591.40 \$0.00 \$689.00 \$123,138.17
139 \$123,138.17 \$591.40 \$0.00 \$696.24 \$124,425.81
140 \$124,425.81 \$591.40 \$0.00 \$703.52 \$125,720.73
141 \$125,720.73 \$591.40 \$0.00 \$710.84 \$127,022.97
142 \$127,022.97 \$591.40 \$0.00 \$718.21 \$128,332.58
143 \$128,332.58 \$591.40 \$0.00 \$725.61 \$129,649.59
144 \$129,649.59 \$591.40 \$0.00 \$733.06 \$130,974.05
145 \$130,974.05 \$591.40 \$0.00 \$740.55 \$132,306.00
146 \$132,306.00 \$591.40 \$0.00 \$748.08 \$133,645.48
147 \$133,645.48 \$591.40 \$0.00 \$755.65 \$134,992.53
148 \$134,992.53 \$591.40 \$0.00 \$763.27 \$136,347.20
149 \$136,347.20 \$591.40 \$0.00 \$770.93 \$137,709.53
150 \$137,709.53 \$591.40 \$0.00 \$778.63 \$139,079.56
151 \$139,079.56 \$591.40 \$0.00 \$786.38 \$140,457.34
152 \$140,457.34 \$591.40 \$0.00 \$794.17 \$141,842.91
153 \$141,842.91 \$591.40 \$0.00 \$802.00 \$143,236.31
154 \$143,236.31 \$591.40 \$0.00 \$809.88 \$144,637.59
155 \$144,637.59 \$591.40 \$0.00 \$817.80 \$146,046.79
156 \$146,046.79 \$591.40 \$0.00 \$825.77 \$147,463.96
157 \$147,463.96 \$591.40 \$0.00 \$833.78 \$148,889.14
158 \$148,889.14 \$591.40 \$0.00 \$841.84 \$150,322.38
159 \$150,322.38 \$591.40 \$0.00 \$849.94 \$151,763.72
160 \$151,763.72 \$591.40 \$0.00 \$858.09 \$153,213.21
161 \$153,213.21 \$591.40 \$0.00 \$866.29 \$154,670.90
162 \$154,670.90 \$591.40 \$0.00 \$874.53 \$156,136.83
163 \$156,136.83 \$591.40 \$0.00 \$882.82 \$157,611.05
164 \$157,611.05 \$591.40 \$0.00 \$891.16 \$159,093.61
165 \$159,093.61 \$591.40 \$0.00 \$899.54 \$160,584.55
166 \$160,584.55 \$591.40 \$0.00 \$907.97 \$162,083.92
167 \$162,083.92 \$591.40 \$0.00 \$916.45 \$163,591.77
168 \$163,591.77 \$591.40 \$0.00 \$924.97 \$165,108.14
169 \$165,108.14 \$591.40 \$0.00 \$933.55 \$166,633.09
170 \$166,633.09 \$591.40 \$0.00 \$942.17 \$168,166.66
171 \$168,166.66 \$591.40 \$0.00 \$950.84 \$169,708.90
172 \$169,708.90 \$591.40 \$0.00 \$959.56 \$171,259.86
173 \$171,259.86 \$591.40 \$0.00 \$968.33 \$172,819.59
174 \$172,819.59 \$591.40 \$0.00 \$977.15 \$174,388.14
175 \$174,388.14 \$591.40 \$0.00 \$986.02 \$175,965.56
176 \$175,965.56 \$591.40 \$0.00 \$994.93 \$177,551.89
177 \$177,551.89 \$591.40 \$0.00 \$1,003.90 \$179,147.19
178 \$179,147.19 \$591.40 \$0.00 \$1,012.92 \$180,751.51
179 \$180,751.51 \$591.40 \$0.00 \$1,022.00 \$182,364.91
180 \$182,364.91 \$591.40 \$0.00 \$1,031.12 \$183,987.43
181 \$183,987.43 \$591.40 \$0.00 \$1,040.29 \$185,619.12
182 \$185,619.12 \$591.40 \$0.00 \$1,049.52 \$187,260.04
183 \$187,260.04 \$591.40 \$0.00 \$1,058.80 \$188,910.24
184 \$188,910.24 \$591.40 \$0.00 \$1,068.13 \$190,569.77
185 \$190,569.77 \$591.40 \$0.00 \$1,077.51 \$192,238.68
186 \$192,238.68 \$591.40 \$0.00 \$1,086.95 \$193,917.03
187 \$193,917.03 \$591.40 \$0.00 \$1,096.44 \$195,604.87
188 \$195,604.87 \$591.40 \$0.00 \$1,105.98 \$197,302.25
189 \$197,302.25 \$591.40 \$0.00 \$1,115.58 \$199,009.23
190 \$199,009.23 \$591.40 \$0.00 \$1,125.23 \$200,725.86
191 \$200,725.86 \$591.40 \$0.00 \$1,134.93 \$202,452.19
192 \$202,452.19 \$591.40 \$0.00 \$1,144.69 \$204,188.28
193 \$204,188.28 \$591.40 \$0.00 \$1,154.51 \$205,934.19
194 \$205,934.19 \$591.40 \$0.00 \$1,164.38 \$207,689.97
195 \$207,689.97 \$591.40 \$0.00 \$1,174.31 \$209,455.68
196 \$209,455.68 \$591.40 \$0.00 \$1,184.29 \$211,231.37
197 \$211,231.37 \$591.40 \$0.00 \$1,194.33 \$213,017.10
198 \$213,017.10 \$591.40 \$0.00 \$1,204.43 \$214,812.93
199 \$214,812.93 \$591.40 \$0.00 \$1,214.58 \$216,618.91
200 \$216,618.91 \$591.40 \$0.00 \$1,224.79 \$218,435.10
201 \$218,435.10 \$591.40 \$0.00 \$1,235.06 \$220,261.56
202 \$220,261.56 \$591.40 \$0.00 \$1,245.39 \$222,098.35
203 \$222,098.35 \$591.40 \$0.00 \$1,255.78 \$223,945.53
204 \$223,945.53 \$591.40 \$0.00 \$1,266.22 \$225,803.15
205 \$225,803.15 \$591.40 \$0.00 \$1,276.72 \$227,671.27
206 \$227,671.27 \$591.40 \$0.00 \$1,287.29 \$229,549.96
207 \$229,549.96 \$591.40 \$0.00 \$1,297.91 \$231,439.27
208 \$231,439.27 \$591.40 \$0.00 \$1,308.59 \$233,339.26
209 \$233,339.26 \$591.40 \$0.00 \$1,319.33 \$235,249.99
210 \$235,249.99 \$591.40 \$0.00 \$1,330.14 \$237,171.53
211 \$237,171.53 \$591.40 \$0.00 \$1,341.00 \$239,103.93
212 \$239,103.93 \$591.40 \$0.00 \$1,351.93 \$241,047.26
213 \$241,047.26 \$591.40 \$0.00 \$1,362.92 \$243,001.58
214 \$243,001.58 \$591.40 \$0.00 \$1,373.97 \$244,966.95
215 \$244,966.95 \$591.40 \$0.00 \$1,385.08 \$246,943.43
216 \$246,943.43 \$591.40 \$0.00 \$1,396.25 \$248,931.08
217 \$248,931.08 \$591.40 \$67,416.13 \$1,407.49 \$183,513.84
218 \$183,513.84 \$591.40 \$0.00 \$1,037.61 \$185,142.85
219 \$185,142.85 \$591.40 \$0.00 \$1,046.82 \$186,781.07
220 \$186,781.07 \$591.40 \$0.00 \$1,056.09 \$188,428.56
221 \$188,428.56 \$591.40 \$0.00 \$1,065.40 \$190,085.36
222 \$190,085.36 \$591.40 \$0.00 \$1,074.77 \$191,751.53
223 \$191,751.53 \$591.40 \$0.00 \$1,084.19 \$193,427.12
224 \$193,427.12 \$591.40 \$0.00 \$1,093.67 \$195,112.19
225 \$195,112.19 \$591.40 \$0.00 \$1,103.19 \$196,806.78
226 \$196,806.78 \$591.40 \$0.00 \$1,112.77 \$198,510.95
227 \$198,510.95 \$591.40 \$0.00 \$1,122.41 \$200,224.76
228 \$200,224.76 \$591.40 \$0.00 \$1,132.10 \$201,948.26
229 \$201,948.26 \$591.40 \$72,135.26 \$1,141.84 \$131,546.24
230 \$131,546.24 \$591.40 \$0.00 \$743.78 \$132,881.42
231 \$132,881.42 \$591.40 \$0.00 \$751.33 \$134,224.15
232 \$134,224.15 \$591.40 \$0.00 \$758.92 \$135,574.47
233 \$135,574.47 \$591.40 \$0.00 \$766.56 \$136,932.43
234 \$136,932.43 \$591.40 \$0.00 \$774.24 \$138,298.07
235 \$138,298.07 \$591.40 \$0.00 \$781.96 \$139,671.43
236 \$139,671.43 \$591.40 \$0.00 \$789.72 \$141,052.55
237 \$141,052.55 \$591.40 \$0.00 \$797.53 \$142,441.48
238 \$142,441.48 \$591.40 \$0.00 \$805.38 \$143,838.26
239 \$143,838.26 \$591.40 \$0.00 \$813.28 \$145,242.94
240 \$145,242.94 \$591.40 \$0.00 \$821.22 \$146,655.56
241 \$146,655.56 \$591.40 \$77,184.73 \$829.21 \$70,891.44
242 \$70,891.44 \$591.40 \$0.00 \$400.83 \$71,883.67
243 \$71,883.67 \$591.40 \$0.00 \$406.44 \$72,881.51
244 \$72,881.51 \$591.40 \$0.00 \$412.08 \$73,884.99
245 \$73,884.99 \$591.40 \$0.00 \$417.76 \$74,894.15
246 \$74,894.15 \$591.40 \$0.00 \$423.46 \$75,909.01
247 \$75,909.01 \$591.40 \$0.00 \$429.20 \$76,929.61
248 \$76,929.61 \$591.40 \$0.00 \$434.97 \$77,955.98
249 \$77,955.98 \$591.40 \$0.00 \$440.77 \$78,988.15
250 \$78,988.15 \$591.40 \$0.00 \$446.61 \$80,026.16
251 \$80,026.16 \$591.40 \$0.00 \$452.48 \$81,070.04
252 \$81,070.04 \$591.40 \$0.00 \$458.38 \$82,119.82
253 \$82,119.82 \$0.00 \$82,587.66 \$464.32 -\$3.52