Savings Plan and Future Cost Estimation for National American University Colorado Springs South

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$88,994
Monthly savings required$703

How much will it cost to send your child to National American University Colorado Springs South in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $355,974.09 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $703.33 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$23,721.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $703.33 $0.00 $0.00 $703.33
2 $703.33 $703.33 $0.00 $3.98 $1,410.64
3 $1,410.64 $703.33 $0.00 $7.98 $2,121.95
4 $2,121.95 $703.33 $0.00 $12.00 $2,837.28
5 $2,837.28 $703.33 $0.00 $16.04 $3,556.65
6 $3,556.65 $703.33 $0.00 $20.11 $4,280.09
7 $4,280.09 $703.33 $0.00 $24.20 $5,007.62
8 $5,007.62 $703.33 $0.00 $28.31 $5,739.26
9 $5,739.26 $703.33 $0.00 $32.45 $6,475.04
10 $6,475.04 $703.33 $0.00 $36.61 $7,214.98
11 $7,214.98 $703.33 $0.00 $40.79 $7,959.10
12 $7,959.10 $703.33 $0.00 $45.00 $8,707.43
13 $8,707.43 $703.33 $0.00 $49.23 $9,459.99
14 $9,459.99 $703.33 $0.00 $53.49 $10,216.81
15 $10,216.81 $703.33 $0.00 $57.77 $10,977.91
16 $10,977.91 $703.33 $0.00 $62.07 $11,743.31
17 $11,743.31 $703.33 $0.00 $66.40 $12,513.04
18 $12,513.04 $703.33 $0.00 $70.75 $13,287.12
19 $13,287.12 $703.33 $0.00 $75.13 $14,065.58
20 $14,065.58 $703.33 $0.00 $79.53 $14,848.44
21 $14,848.44 $703.33 $0.00 $83.96 $15,635.73
22 $15,635.73 $703.33 $0.00 $88.41 $16,427.47
23 $16,427.47 $703.33 $0.00 $92.88 $17,223.68
24 $17,223.68 $703.33 $0.00 $97.39 $18,024.40
25 $18,024.40 $703.33 $0.00 $101.91 $18,829.64
26 $18,829.64 $703.33 $0.00 $106.47 $19,639.44
27 $19,639.44 $703.33 $0.00 $111.04 $20,453.81
28 $20,453.81 $703.33 $0.00 $115.65 $21,272.79
29 $21,272.79 $703.33 $0.00 $120.28 $22,096.40
30 $22,096.40 $703.33 $0.00 $124.94 $22,924.67
31 $22,924.67 $703.33 $0.00 $129.62 $23,757.62
32 $23,757.62 $703.33 $0.00 $134.33 $24,595.28
33 $24,595.28 $703.33 $0.00 $139.07 $25,437.68
34 $25,437.68 $703.33 $0.00 $143.83 $26,284.84
35 $26,284.84 $703.33 $0.00 $148.62 $27,136.79
36 $27,136.79 $703.33 $0.00 $153.44 $27,993.56
37 $27,993.56 $703.33 $0.00 $158.28 $28,855.17
38 $28,855.17 $703.33 $0.00 $163.15 $29,721.65
39 $29,721.65 $703.33 $0.00 $168.05 $30,593.03
40 $30,593.03 $703.33 $0.00 $172.98 $31,469.34
41 $31,469.34 $703.33 $0.00 $177.93 $32,350.60
42 $32,350.60 $703.33 $0.00 $182.91 $33,236.84
43 $33,236.84 $703.33 $0.00 $187.93 $34,128.10
44 $34,128.10 $703.33 $0.00 $192.97 $35,024.40
45 $35,024.40 $703.33 $0.00 $198.03 $35,925.76
46 $35,925.76 $703.33 $0.00 $203.13 $36,832.22
47 $36,832.22 $703.33 $0.00 $208.25 $37,743.80
48 $37,743.80 $703.33 $0.00 $213.41 $38,660.54
49 $38,660.54 $703.33 $0.00 $218.59 $39,582.46
50 $39,582.46 $703.33 $0.00 $223.80 $40,509.59
51 $40,509.59 $703.33 $0.00 $229.05 $41,441.97
52 $41,441.97 $703.33 $0.00 $234.32 $42,379.62
53 $42,379.62 $703.33 $0.00 $239.62 $43,322.57
54 $43,322.57 $703.33 $0.00 $244.95 $44,270.85
55 $44,270.85 $703.33 $0.00 $250.31 $45,224.49
56 $45,224.49 $703.33 $0.00 $255.71 $46,183.53
57 $46,183.53 $703.33 $0.00 $261.13 $47,147.99
58 $47,147.99 $703.33 $0.00 $266.58 $48,117.90
59 $48,117.90 $703.33 $0.00 $272.07 $49,093.30
60 $49,093.30 $703.33 $0.00 $277.58 $50,074.21
61 $50,074.21 $703.33 $0.00 $283.13 $51,060.67
62 $51,060.67 $703.33 $0.00 $288.70 $52,052.70
63 $52,052.70 $703.33 $0.00 $294.31 $53,050.34
64 $53,050.34 $703.33 $0.00 $299.95 $54,053.62
65 $54,053.62 $703.33 $0.00 $305.63 $55,062.58
66 $55,062.58 $703.33 $0.00 $311.33 $56,077.24
67 $56,077.24 $703.33 $0.00 $317.07 $57,097.64
68 $57,097.64 $703.33 $0.00 $322.84 $58,123.81
69 $58,123.81 $703.33 $0.00 $328.64 $59,155.78
70 $59,155.78 $703.33 $0.00 $334.48 $60,193.59
71 $60,193.59 $703.33 $0.00 $340.34 $61,237.26
72 $61,237.26 $703.33 $0.00 $346.24 $62,286.83
73 $62,286.83 $703.33 $0.00 $352.18 $63,342.34
74 $63,342.34 $703.33 $0.00 $358.15 $64,403.82
75 $64,403.82 $703.33 $0.00 $364.15 $65,471.30
76 $65,471.30 $703.33 $0.00 $370.18 $66,544.81
77 $66,544.81 $703.33 $0.00 $376.25 $67,624.39
78 $67,624.39 $703.33 $0.00 $382.36 $68,710.08
79 $68,710.08 $703.33 $0.00 $388.50 $69,801.91
80 $69,801.91 $703.33 $0.00 $394.67 $70,899.91
81 $70,899.91 $703.33 $0.00 $400.88 $72,004.12
82 $72,004.12 $703.33 $0.00 $407.12 $73,114.57
83 $73,114.57 $703.33 $0.00 $413.40 $74,231.30
84 $74,231.30 $703.33 $0.00 $419.71 $75,354.34
85 $75,354.34 $703.33 $0.00 $426.06 $76,483.73
86 $76,483.73 $703.33 $0.00 $432.45 $77,619.51
87 $77,619.51 $703.33 $0.00 $438.87 $78,761.71
88 $78,761.71 $703.33 $0.00 $445.33 $79,910.37
89 $79,910.37 $703.33 $0.00 $451.82 $81,065.52
90 $81,065.52 $703.33 $0.00 $458.36 $82,227.21
91 $82,227.21 $703.33 $0.00 $464.92 $83,395.46
92 $83,395.46 $703.33 $0.00 $471.53 $84,570.32
93 $84,570.32 $703.33 $0.00 $478.17 $85,751.82
94 $85,751.82 $703.33 $0.00 $484.85 $86,940.00
95 $86,940.00 $703.33 $0.00 $491.57 $88,134.90
96 $88,134.90 $703.33 $0.00 $498.33 $89,336.56
97 $89,336.56 $703.33 $0.00 $505.12 $90,545.01
98 $90,545.01 $703.33 $0.00 $511.95 $91,760.29
99 $91,760.29 $703.33 $0.00 $518.83 $92,982.45
100 $92,982.45 $703.33 $0.00 $525.74 $94,211.52
101 $94,211.52 $703.33 $0.00 $532.69 $95,447.54
102 $95,447.54 $703.33 $0.00 $539.67 $96,690.54
103 $96,690.54 $703.33 $0.00 $546.70 $97,940.57
104 $97,940.57 $703.33 $0.00 $553.77 $99,197.67
105 $99,197.67 $703.33 $0.00 $560.88 $100,461.88
106 $100,461.88 $703.33 $0.00 $568.03 $101,733.24
107 $101,733.24 $703.33 $0.00 $575.21 $103,011.78
108 $103,011.78 $703.33 $0.00 $582.44 $104,297.55
109 $104,297.55 $703.33 $0.00 $589.71 $105,590.59
110 $105,590.59 $703.33 $0.00 $597.02 $106,890.94
111 $106,890.94 $703.33 $0.00 $604.38 $108,198.65
112 $108,198.65 $703.33 $0.00 $611.77 $109,513.75
113 $109,513.75 $703.33 $0.00 $619.21 $110,836.29
114 $110,836.29 $703.33 $0.00 $626.68 $112,166.30
115 $112,166.30 $703.33 $0.00 $634.20 $113,503.83
116 $113,503.83 $703.33 $0.00 $641.77 $114,848.93
117 $114,848.93 $703.33 $0.00 $649.37 $116,201.63
118 $116,201.63 $703.33 $0.00 $657.02 $117,561.98
119 $117,561.98 $703.33 $0.00 $664.71 $118,930.02
120 $118,930.02 $703.33 $0.00 $672.45 $120,305.80
121 $120,305.80 $703.33 $0.00 $680.23 $121,689.36
122 $121,689.36 $703.33 $0.00 $688.05 $123,080.74
123 $123,080.74 $703.33 $0.00 $695.92 $124,479.99
124 $124,479.99 $703.33 $0.00 $703.83 $125,887.15
125 $125,887.15 $703.33 $0.00 $711.78 $127,302.26
126 $127,302.26 $703.33 $0.00 $719.79 $128,725.38
127 $128,725.38 $703.33 $0.00 $727.83 $130,156.54
128 $130,156.54 $703.33 $0.00 $735.92 $131,595.79
129 $131,595.79 $703.33 $0.00 $744.06 $133,043.18
130 $133,043.18 $703.33 $0.00 $752.25 $134,498.76
131 $134,498.76 $703.33 $0.00 $760.48 $135,962.57
132 $135,962.57 $703.33 $0.00 $768.75 $137,434.65
133 $137,434.65 $703.33 $0.00 $777.08 $138,915.06
134 $138,915.06 $703.33 $0.00 $785.45 $140,403.84
135 $140,403.84 $703.33 $0.00 $793.86 $141,901.03
136 $141,901.03 $703.33 $0.00 $802.33 $143,406.69
137 $143,406.69 $703.33 $0.00 $810.84 $144,920.86
138 $144,920.86 $703.33 $0.00 $819.40 $146,443.59
139 $146,443.59 $703.33 $0.00 $828.01 $147,974.93
140 $147,974.93 $703.33 $0.00 $836.67 $149,514.93
141 $149,514.93 $703.33 $0.00 $845.38 $151,063.64
142 $151,063.64 $703.33 $0.00 $854.14 $152,621.11
143 $152,621.11 $703.33 $0.00 $862.94 $154,187.38
144 $154,187.38 $703.33 $0.00 $871.80 $155,762.51
145 $155,762.51 $703.33 $0.00 $880.70 $157,346.54
146 $157,346.54 $703.33 $0.00 $889.66 $158,939.53
147 $158,939.53 $703.33 $0.00 $898.67 $160,541.53
148 $160,541.53 $703.33 $0.00 $907.73 $162,152.59
149 $162,152.59 $703.33 $0.00 $916.83 $163,772.75
150 $163,772.75 $703.33 $0.00 $925.99 $165,402.07
151 $165,402.07 $703.33 $0.00 $935.21 $167,040.61
152 $167,040.61 $703.33 $0.00 $944.47 $168,688.41
153 $168,688.41 $703.33 $0.00 $953.79 $170,345.53
154 $170,345.53 $703.33 $0.00 $963.16 $172,012.02
155 $172,012.02 $703.33 $0.00 $972.58 $173,687.93
156 $173,687.93 $703.33 $0.00 $982.06 $175,373.32
157 $175,373.32 $703.33 $0.00 $991.59 $177,068.24
158 $177,068.24 $703.33 $0.00 $1,001.17 $178,772.74
159 $178,772.74 $703.33 $0.00 $1,010.81 $180,486.88
160 $180,486.88 $703.33 $0.00 $1,020.50 $182,210.71
161 $182,210.71 $703.33 $0.00 $1,030.25 $183,944.29
162 $183,944.29 $703.33 $0.00 $1,040.05 $185,687.67
163 $185,687.67 $703.33 $0.00 $1,049.91 $187,440.91
164 $187,440.91 $703.33 $0.00 $1,059.82 $189,204.06
165 $189,204.06 $703.33 $0.00 $1,069.79 $190,977.18
166 $190,977.18 $703.33 $0.00 $1,079.81 $192,760.32
167 $192,760.32 $703.33 $0.00 $1,089.89 $194,553.54
168 $194,553.54 $703.33 $0.00 $1,100.03 $196,356.90
169 $196,356.90 $703.33 $0.00 $1,110.23 $198,170.46
170 $198,170.46 $703.33 $0.00 $1,120.48 $199,994.27
171 $199,994.27 $703.33 $0.00 $1,130.80 $201,828.40
172 $201,828.40 $703.33 $0.00 $1,141.17 $203,672.90
173 $203,672.90 $703.33 $0.00 $1,151.60 $205,527.83
174 $205,527.83 $703.33 $0.00 $1,162.08 $207,393.24
175 $207,393.24 $703.33 $0.00 $1,172.63 $209,269.20
176 $209,269.20 $703.33 $0.00 $1,183.24 $211,155.77
177 $211,155.77 $703.33 $0.00 $1,193.91 $213,053.01
178 $213,053.01 $703.33 $0.00 $1,204.63 $214,960.97
179 $214,960.97 $703.33 $0.00 $1,215.42 $216,879.72
180 $216,879.72 $703.33 $0.00 $1,226.27 $218,809.32
181 $218,809.32 $703.33 $0.00 $1,237.18 $220,749.83
182 $220,749.83 $703.33 $0.00 $1,248.15 $222,701.31
183 $222,701.31 $703.33 $0.00 $1,259.19 $224,663.83
184 $224,663.83 $703.33 $0.00 $1,270.28 $226,637.44
185 $226,637.44 $703.33 $0.00 $1,281.44 $228,622.21
186 $228,622.21 $703.33 $0.00 $1,292.66 $230,618.20
187 $230,618.20 $703.33 $0.00 $1,303.95 $232,625.48
188 $232,625.48 $703.33 $0.00 $1,315.30 $234,644.11
189 $234,644.11 $703.33 $0.00 $1,326.71 $236,674.15
190 $236,674.15 $703.33 $0.00 $1,338.19 $238,715.67
191 $238,715.67 $703.33 $0.00 $1,349.73 $240,768.73
192 $240,768.73 $703.33 $0.00 $1,361.34 $242,833.40
193 $242,833.40 $703.33 $0.00 $1,373.02 $244,909.75
194 $244,909.75 $703.33 $0.00 $1,384.76 $246,997.84
195 $246,997.84 $703.33 $0.00 $1,396.56 $249,097.73
196 $249,097.73 $703.33 $0.00 $1,408.43 $251,209.49
197 $251,209.49 $703.33 $0.00 $1,420.37 $253,333.19
198 $253,333.19 $703.33 $0.00 $1,432.38 $255,468.90
199 $255,468.90 $703.33 $0.00 $1,444.46 $257,616.69
200 $257,616.69 $703.33 $0.00 $1,456.60 $259,776.62
201 $259,776.62 $703.33 $0.00 $1,468.81 $261,948.76
202 $261,948.76 $703.33 $0.00 $1,481.10 $264,133.19
203 $264,133.19 $703.33 $0.00 $1,493.45 $266,329.97
204 $266,329.97 $703.33 $0.00 $1,505.87 $268,539.17
205 $268,539.17 $703.33 $0.00 $1,518.36 $270,760.86
206 $270,760.86 $703.33 $0.00 $1,530.92 $272,995.11
207 $272,995.11 $703.33 $0.00 $1,543.55 $275,241.99
208 $275,241.99 $703.33 $0.00 $1,556.26 $277,501.58
209 $277,501.58 $703.33 $0.00 $1,569.03 $279,773.94
210 $279,773.94 $703.33 $0.00 $1,581.88 $282,059.15
211 $282,059.15 $703.33 $0.00 $1,594.80 $284,357.28
212 $284,357.28 $703.33 $0.00 $1,607.80 $286,668.41
213 $286,668.41 $703.33 $0.00 $1,620.86 $288,992.60
214 $288,992.60 $703.33 $0.00 $1,634.01 $291,329.94
215 $291,329.94 $703.33 $0.00 $1,647.22 $293,680.49
216 $293,680.49 $703.33 $0.00 $1,660.51 $296,044.33
217 $296,044.33 $703.33 $80,175.37 $1,673.88 $218,246.17
218 $218,246.17 $703.33 $0.00 $1,234.00 $220,183.50
219 $220,183.50 $703.33 $0.00 $1,244.95 $222,131.78
220 $222,131.78 $703.33 $0.00 $1,255.97 $224,091.08
221 $224,091.08 $703.33 $0.00 $1,267.04 $226,061.45
222 $226,061.45 $703.33 $0.00 $1,278.18 $228,042.96
223 $228,042.96 $703.33 $0.00 $1,289.39 $230,035.68
224 $230,035.68 $703.33 $0.00 $1,300.66 $232,039.67
225 $232,039.67 $703.33 $0.00 $1,311.99 $234,054.99
226 $234,054.99 $703.33 $0.00 $1,323.38 $236,081.70
227 $236,081.70 $703.33 $0.00 $1,334.84 $238,119.87
228 $238,119.87 $703.33 $0.00 $1,346.36 $240,169.56
229 $240,169.56 $703.33 $85,787.65 $1,357.95 $156,443.19
230 $156,443.19 $703.33 $0.00 $884.55 $158,031.07
231 $158,031.07 $703.33 $0.00 $893.53 $159,627.93
232 $159,627.93 $703.33 $0.00 $902.56 $161,233.82
233 $161,233.82 $703.33 $0.00 $911.64 $162,848.79
234 $162,848.79 $703.33 $0.00 $920.77 $164,472.89
235 $164,472.89 $703.33 $0.00 $929.95 $166,106.17
236 $166,106.17 $703.33 $0.00 $939.19 $167,748.69
237 $167,748.69 $703.33 $0.00 $948.48 $169,400.50
238 $169,400.50 $703.33 $0.00 $957.82 $171,061.65
239 $171,061.65 $703.33 $0.00 $967.21 $172,732.19
240 $172,732.19 $703.33 $0.00 $976.65 $174,412.17
241 $174,412.17 $703.33 $91,792.79 $986.15 $84,308.86
242 $84,308.86 $703.33 $0.00 $476.69 $85,488.88
243 $85,488.88 $703.33 $0.00 $483.37 $86,675.58
244 $86,675.58 $703.33 $0.00 $490.08 $87,868.99
245 $87,868.99 $703.33 $0.00 $496.82 $89,069.14
246 $89,069.14 $703.33 $0.00 $503.61 $90,276.08
247 $90,276.08 $703.33 $0.00 $510.43 $91,489.84
248 $91,489.84 $703.33 $0.00 $517.30 $92,710.47
249 $92,710.47 $703.33 $0.00 $524.20 $93,938.00
250 $93,938.00 $703.33 $0.00 $531.14 $95,172.47
251 $95,172.47 $703.33 $0.00 $538.12 $96,413.92
252 $96,413.92 $703.33 $0.00 $545.14 $97,662.39
253 $97,662.39 $0.00 $98,218.28 $552.20 -$3.69