Savings Plan and Future Cost Estimation for Jacksonville University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$236,288
Monthly savings required$1,867

How much will it cost to send your child to Jacksonville University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $945,152.40 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,867.44 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$62,982.00
Years until enrollment18
Annual Tuition Increase7%
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 Jacksonville University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,867.44 $0.00 $0.00 $1,867.44
2 $1,867.44 $1,867.44 $0.00 $10.56 $3,745.44
3 $3,745.44 $1,867.44 $0.00 $21.18 $5,634.06
4 $5,634.06 $1,867.44 $0.00 $31.86 $7,533.36
5 $7,533.36 $1,867.44 $0.00 $42.59 $9,443.39
6 $9,443.39 $1,867.44 $0.00 $53.39 $11,364.22
7 $11,364.22 $1,867.44 $0.00 $64.25 $13,295.91
8 $13,295.91 $1,867.44 $0.00 $75.18 $15,238.53
9 $15,238.53 $1,867.44 $0.00 $86.16 $17,192.13
10 $17,192.13 $1,867.44 $0.00 $97.21 $19,156.78
11 $19,156.78 $1,867.44 $0.00 $108.32 $21,132.54
12 $21,132.54 $1,867.44 $0.00 $119.49 $23,119.47
13 $23,119.47 $1,867.44 $0.00 $130.72 $25,117.63
14 $25,117.63 $1,867.44 $0.00 $142.02 $27,127.09
15 $27,127.09 $1,867.44 $0.00 $153.38 $29,147.91
16 $29,147.91 $1,867.44 $0.00 $164.81 $31,180.16
17 $31,180.16 $1,867.44 $0.00 $176.30 $33,223.90
18 $33,223.90 $1,867.44 $0.00 $187.85 $35,279.19
19 $35,279.19 $1,867.44 $0.00 $199.47 $37,346.10
20 $37,346.10 $1,867.44 $0.00 $211.16 $39,424.70
21 $39,424.70 $1,867.44 $0.00 $222.91 $41,515.05
22 $41,515.05 $1,867.44 $0.00 $234.73 $43,617.22
23 $43,617.22 $1,867.44 $0.00 $246.62 $45,731.28
24 $45,731.28 $1,867.44 $0.00 $258.57 $47,857.29
25 $47,857.29 $1,867.44 $0.00 $270.59 $49,995.32
26 $49,995.32 $1,867.44 $0.00 $282.68 $52,145.44
27 $52,145.44 $1,867.44 $0.00 $294.84 $54,307.72
28 $54,307.72 $1,867.44 $0.00 $307.06 $56,482.22
29 $56,482.22 $1,867.44 $0.00 $319.36 $58,669.02
30 $58,669.02 $1,867.44 $0.00 $331.72 $60,868.18
31 $60,868.18 $1,867.44 $0.00 $344.16 $63,079.78
32 $63,079.78 $1,867.44 $0.00 $356.66 $65,303.88
33 $65,303.88 $1,867.44 $0.00 $369.24 $67,540.56
34 $67,540.56 $1,867.44 $0.00 $381.88 $69,789.88
35 $69,789.88 $1,867.44 $0.00 $394.60 $72,051.92
36 $72,051.92 $1,867.44 $0.00 $407.39 $74,326.75
37 $74,326.75 $1,867.44 $0.00 $420.25 $76,614.44
38 $76,614.44 $1,867.44 $0.00 $433.19 $78,915.07
39 $78,915.07 $1,867.44 $0.00 $446.20 $81,228.71
40 $81,228.71 $1,867.44 $0.00 $459.28 $83,555.43
41 $83,555.43 $1,867.44 $0.00 $472.43 $85,895.30
42 $85,895.30 $1,867.44 $0.00 $485.66 $88,248.40
43 $88,248.40 $1,867.44 $0.00 $498.97 $90,614.81
44 $90,614.81 $1,867.44 $0.00 $512.35 $92,994.60
45 $92,994.60 $1,867.44 $0.00 $525.80 $95,387.84
46 $95,387.84 $1,867.44 $0.00 $539.34 $97,794.62
47 $97,794.62 $1,867.44 $0.00 $552.94 $100,215.00
48 $100,215.00 $1,867.44 $0.00 $566.63 $102,649.07
49 $102,649.07 $1,867.44 $0.00 $580.39 $105,096.90
50 $105,096.90 $1,867.44 $0.00 $594.23 $107,558.57
51 $107,558.57 $1,867.44 $0.00 $608.15 $110,034.16
52 $110,034.16 $1,867.44 $0.00 $622.15 $112,523.75
53 $112,523.75 $1,867.44 $0.00 $636.23 $115,027.42
54 $115,027.42 $1,867.44 $0.00 $650.38 $117,545.24
55 $117,545.24 $1,867.44 $0.00 $664.62 $120,077.30
56 $120,077.30 $1,867.44 $0.00 $678.93 $122,623.67
57 $122,623.67 $1,867.44 $0.00 $693.33 $125,184.44
58 $125,184.44 $1,867.44 $0.00 $707.81 $127,759.69
59 $127,759.69 $1,867.44 $0.00 $722.37 $130,349.50
60 $130,349.50 $1,867.44 $0.00 $737.02 $132,953.96
61 $132,953.96 $1,867.44 $0.00 $751.74 $135,573.14
62 $135,573.14 $1,867.44 $0.00 $766.55 $138,207.13
63 $138,207.13 $1,867.44 $0.00 $781.44 $140,856.01
64 $140,856.01 $1,867.44 $0.00 $796.42 $143,519.87
65 $143,519.87 $1,867.44 $0.00 $811.48 $146,198.79
66 $146,198.79 $1,867.44 $0.00 $826.63 $148,892.86
67 $148,892.86 $1,867.44 $0.00 $841.86 $151,602.16
68 $151,602.16 $1,867.44 $0.00 $857.18 $154,326.78
69 $154,326.78 $1,867.44 $0.00 $872.59 $157,066.81
70 $157,066.81 $1,867.44 $0.00 $888.08 $159,822.33
71 $159,822.33 $1,867.44 $0.00 $903.66 $162,593.43
72 $162,593.43 $1,867.44 $0.00 $919.33 $165,380.20
73 $165,380.20 $1,867.44 $0.00 $935.08 $168,182.72
74 $168,182.72 $1,867.44 $0.00 $950.93 $171,001.09
75 $171,001.09 $1,867.44 $0.00 $966.87 $173,835.40
76 $173,835.40 $1,867.44 $0.00 $982.89 $176,685.73
77 $176,685.73 $1,867.44 $0.00 $999.01 $179,552.18
78 $179,552.18 $1,867.44 $0.00 $1,015.21 $182,434.83
79 $182,434.83 $1,867.44 $0.00 $1,031.51 $185,333.78
80 $185,333.78 $1,867.44 $0.00 $1,047.90 $188,249.12
81 $188,249.12 $1,867.44 $0.00 $1,064.39 $191,180.95
82 $191,180.95 $1,867.44 $0.00 $1,080.96 $194,129.35
83 $194,129.35 $1,867.44 $0.00 $1,097.64 $197,094.43
84 $197,094.43 $1,867.44 $0.00 $1,114.40 $200,076.27
85 $200,076.27 $1,867.44 $0.00 $1,131.26 $203,074.97
86 $203,074.97 $1,867.44 $0.00 $1,148.22 $206,090.63
87 $206,090.63 $1,867.44 $0.00 $1,165.27 $209,123.34
88 $209,123.34 $1,867.44 $0.00 $1,182.41 $212,173.19
89 $212,173.19 $1,867.44 $0.00 $1,199.66 $215,240.29
90 $215,240.29 $1,867.44 $0.00 $1,217.00 $218,324.73
91 $218,324.73 $1,867.44 $0.00 $1,234.44 $221,426.61
92 $221,426.61 $1,867.44 $0.00 $1,251.98 $224,546.03
93 $224,546.03 $1,867.44 $0.00 $1,269.62 $227,683.09
94 $227,683.09 $1,867.44 $0.00 $1,287.35 $230,837.88
95 $230,837.88 $1,867.44 $0.00 $1,305.19 $234,010.51
96 $234,010.51 $1,867.44 $0.00 $1,323.13 $237,201.08
97 $237,201.08 $1,867.44 $0.00 $1,341.17 $240,409.69
98 $240,409.69 $1,867.44 $0.00 $1,359.31 $243,636.44
99 $243,636.44 $1,867.44 $0.00 $1,377.56 $246,881.44
100 $246,881.44 $1,867.44 $0.00 $1,395.90 $250,144.78
101 $250,144.78 $1,867.44 $0.00 $1,414.35 $253,426.57
102 $253,426.57 $1,867.44 $0.00 $1,432.91 $256,726.92
103 $256,726.92 $1,867.44 $0.00 $1,451.57 $260,045.93
104 $260,045.93 $1,867.44 $0.00 $1,470.34 $263,383.71
105 $263,383.71 $1,867.44 $0.00 $1,489.21 $266,740.36
106 $266,740.36 $1,867.44 $0.00 $1,508.19 $270,115.99
107 $270,115.99 $1,867.44 $0.00 $1,527.28 $273,510.71
108 $273,510.71 $1,867.44 $0.00 $1,546.47 $276,924.62
109 $276,924.62 $1,867.44 $0.00 $1,565.77 $280,357.83
110 $280,357.83 $1,867.44 $0.00 $1,585.18 $283,810.45
111 $283,810.45 $1,867.44 $0.00 $1,604.71 $287,282.60
112 $287,282.60 $1,867.44 $0.00 $1,624.34 $290,774.38
113 $290,774.38 $1,867.44 $0.00 $1,644.08 $294,285.90
114 $294,285.90 $1,867.44 $0.00 $1,663.94 $297,817.28
115 $297,817.28 $1,867.44 $0.00 $1,683.90 $301,368.62
116 $301,368.62 $1,867.44 $0.00 $1,703.98 $304,940.04
117 $304,940.04 $1,867.44 $0.00 $1,724.18 $308,531.66
118 $308,531.66 $1,867.44 $0.00 $1,744.48 $312,143.58
119 $312,143.58 $1,867.44 $0.00 $1,764.91 $315,775.93
120 $315,775.93 $1,867.44 $0.00 $1,785.44 $319,428.81
121 $319,428.81 $1,867.44 $0.00 $1,806.10 $323,102.35
122 $323,102.35 $1,867.44 $0.00 $1,826.87 $326,796.66
123 $326,796.66 $1,867.44 $0.00 $1,847.76 $330,511.86
124 $330,511.86 $1,867.44 $0.00 $1,868.76 $334,248.06
125 $334,248.06 $1,867.44 $0.00 $1,889.89 $338,005.39
126 $338,005.39 $1,867.44 $0.00 $1,911.13 $341,783.96
127 $341,783.96 $1,867.44 $0.00 $1,932.50 $345,583.90
128 $345,583.90 $1,867.44 $0.00 $1,953.98 $349,405.32
129 $349,405.32 $1,867.44 $0.00 $1,975.59 $353,248.35
130 $353,248.35 $1,867.44 $0.00 $1,997.32 $357,113.11
131 $357,113.11 $1,867.44 $0.00 $2,019.17 $360,999.72
132 $360,999.72 $1,867.44 $0.00 $2,041.14 $364,908.30
133 $364,908.30 $1,867.44 $0.00 $2,063.24 $368,838.98
134 $368,838.98 $1,867.44 $0.00 $2,085.47 $372,791.89
135 $372,791.89 $1,867.44 $0.00 $2,107.82 $376,767.15
136 $376,767.15 $1,867.44 $0.00 $2,130.30 $380,764.89
137 $380,764.89 $1,867.44 $0.00 $2,152.90 $384,785.23
138 $384,785.23 $1,867.44 $0.00 $2,175.63 $388,828.30
139 $388,828.30 $1,867.44 $0.00 $2,198.49 $392,894.23
140 $392,894.23 $1,867.44 $0.00 $2,221.48 $396,983.15
141 $396,983.15 $1,867.44 $0.00 $2,244.60 $401,095.19
142 $401,095.19 $1,867.44 $0.00 $2,267.85 $405,230.48
143 $405,230.48 $1,867.44 $0.00 $2,291.23 $409,389.15
144 $409,389.15 $1,867.44 $0.00 $2,314.75 $413,571.34
145 $413,571.34 $1,867.44 $0.00 $2,338.39 $417,777.17
146 $417,777.17 $1,867.44 $0.00 $2,362.17 $422,006.78
147 $422,006.78 $1,867.44 $0.00 $2,386.09 $426,260.31
148 $426,260.31 $1,867.44 $0.00 $2,410.14 $430,537.89
149 $430,537.89 $1,867.44 $0.00 $2,434.32 $434,839.65
150 $434,839.65 $1,867.44 $0.00 $2,458.65 $439,165.74
151 $439,165.74 $1,867.44 $0.00 $2,483.11 $443,516.29
152 $443,516.29 $1,867.44 $0.00 $2,507.71 $447,891.44
153 $447,891.44 $1,867.44 $0.00 $2,532.44 $452,291.32
154 $452,291.32 $1,867.44 $0.00 $2,557.32 $456,716.08
155 $456,716.08 $1,867.44 $0.00 $2,582.34 $461,165.86
156 $461,165.86 $1,867.44 $0.00 $2,607.50 $465,640.80
157 $465,640.80 $1,867.44 $0.00 $2,632.80 $470,141.04
158 $470,141.04 $1,867.44 $0.00 $2,658.25 $474,666.73
159 $474,666.73 $1,867.44 $0.00 $2,683.83 $479,218.00
160 $479,218.00 $1,867.44 $0.00 $2,709.57 $483,795.01
161 $483,795.01 $1,867.44 $0.00 $2,735.45 $488,397.90
162 $488,397.90 $1,867.44 $0.00 $2,761.47 $493,026.81
163 $493,026.81 $1,867.44 $0.00 $2,787.65 $497,681.90
164 $497,681.90 $1,867.44 $0.00 $2,813.97 $502,363.31
165 $502,363.31 $1,867.44 $0.00 $2,840.44 $507,071.19
166 $507,071.19 $1,867.44 $0.00 $2,867.05 $511,805.68
167 $511,805.68 $1,867.44 $0.00 $2,893.82 $516,566.94
168 $516,566.94 $1,867.44 $0.00 $2,920.74 $521,355.12
169 $521,355.12 $1,867.44 $0.00 $2,947.82 $526,170.38
170 $526,170.38 $1,867.44 $0.00 $2,975.04 $531,012.86
171 $531,012.86 $1,867.44 $0.00 $3,002.42 $535,882.72
172 $535,882.72 $1,867.44 $0.00 $3,029.96 $540,780.12
173 $540,780.12 $1,867.44 $0.00 $3,057.65 $545,705.21
174 $545,705.21 $1,867.44 $0.00 $3,085.50 $550,658.15
175 $550,658.15 $1,867.44 $0.00 $3,113.50 $555,639.09
176 $555,639.09 $1,867.44 $0.00 $3,141.66 $560,648.19
177 $560,648.19 $1,867.44 $0.00 $3,169.99 $565,685.62
178 $565,685.62 $1,867.44 $0.00 $3,198.47 $570,751.53
179 $570,751.53 $1,867.44 $0.00 $3,227.11 $575,846.08
180 $575,846.08 $1,867.44 $0.00 $3,255.92 $580,969.44
181 $580,969.44 $1,867.44 $0.00 $3,284.89 $586,121.77
182 $586,121.77 $1,867.44 $0.00 $3,314.02 $591,303.23
183 $591,303.23 $1,867.44 $0.00 $3,343.31 $596,513.98
184 $596,513.98 $1,867.44 $0.00 $3,372.78 $601,754.20
185 $601,754.20 $1,867.44 $0.00 $3,402.41 $607,024.05
186 $607,024.05 $1,867.44 $0.00 $3,432.20 $612,323.69
187 $612,323.69 $1,867.44 $0.00 $3,462.17 $617,653.30
188 $617,653.30 $1,867.44 $0.00 $3,492.30 $623,013.04
189 $623,013.04 $1,867.44 $0.00 $3,522.61 $628,403.09
190 $628,403.09 $1,867.44 $0.00 $3,553.08 $633,823.61
191 $633,823.61 $1,867.44 $0.00 $3,583.73 $639,274.78
192 $639,274.78 $1,867.44 $0.00 $3,614.55 $644,756.77
193 $644,756.77 $1,867.44 $0.00 $3,645.55 $650,269.76
194 $650,269.76 $1,867.44 $0.00 $3,676.72 $655,813.92
195 $655,813.92 $1,867.44 $0.00 $3,708.07 $661,389.43
196 $661,389.43 $1,867.44 $0.00 $3,739.59 $666,996.46
197 $666,996.46 $1,867.44 $0.00 $3,771.29 $672,635.19
198 $672,635.19 $1,867.44 $0.00 $3,803.18 $678,305.81
199 $678,305.81 $1,867.44 $0.00 $3,835.24 $684,008.49
200 $684,008.49 $1,867.44 $0.00 $3,867.48 $689,743.41
201 $689,743.41 $1,867.44 $0.00 $3,899.91 $695,510.76
202 $695,510.76 $1,867.44 $0.00 $3,932.52 $701,310.72
203 $701,310.72 $1,867.44 $0.00 $3,965.31 $707,143.47
204 $707,143.47 $1,867.44 $0.00 $3,998.29 $713,009.20
205 $713,009.20 $1,867.44 $0.00 $4,031.46 $718,908.10
206 $718,908.10 $1,867.44 $0.00 $4,064.81 $724,840.35
207 $724,840.35 $1,867.44 $0.00 $4,098.35 $730,806.14
208 $730,806.14 $1,867.44 $0.00 $4,132.08 $736,805.66
209 $736,805.66 $1,867.44 $0.00 $4,166.01 $742,839.11
210 $742,839.11 $1,867.44 $0.00 $4,200.12 $748,906.67
211 $748,906.67 $1,867.44 $0.00 $4,234.43 $755,008.54
212 $755,008.54 $1,867.44 $0.00 $4,268.93 $761,144.91
213 $761,144.91 $1,867.44 $0.00 $4,303.62 $767,315.97
214 $767,315.97 $1,867.44 $0.00 $4,338.52 $773,521.93
215 $773,521.93 $1,867.44 $0.00 $4,373.61 $779,762.98
216 $779,762.98 $1,867.44 $0.00 $4,408.89 $786,039.31
217 $786,039.31 $1,867.44 $212,874.89 $4,444.38 $579,476.24
218 $579,476.24 $1,867.44 $0.00 $3,276.44 $584,620.12
219 $584,620.12 $1,867.44 $0.00 $3,305.53 $589,793.09
220 $589,793.09 $1,867.44 $0.00 $3,334.78 $594,995.31
221 $594,995.31 $1,867.44 $0.00 $3,364.19 $600,226.94
222 $600,226.94 $1,867.44 $0.00 $3,393.77 $605,488.15
223 $605,488.15 $1,867.44 $0.00 $3,423.52 $610,779.11
224 $610,779.11 $1,867.44 $0.00 $3,453.43 $616,099.98
225 $616,099.98 $1,867.44 $0.00 $3,483.52 $621,450.94
226 $621,450.94 $1,867.44 $0.00 $3,513.77 $626,832.15
227 $626,832.15 $1,867.44 $0.00 $3,544.20 $632,243.79
228 $632,243.79 $1,867.44 $0.00 $3,574.80 $637,686.03
229 $637,686.03 $1,867.44 $227,776.14 $3,605.57 $415,382.90
230 $415,382.90 $1,867.44 $0.00 $2,348.64 $419,598.98
231 $419,598.98 $1,867.44 $0.00 $2,372.47 $423,838.89
232 $423,838.89 $1,867.44 $0.00 $2,396.45 $428,102.78
233 $428,102.78 $1,867.44 $0.00 $2,420.56 $432,390.78
234 $432,390.78 $1,867.44 $0.00 $2,444.80 $436,703.02
235 $436,703.02 $1,867.44 $0.00 $2,469.18 $441,039.64
236 $441,039.64 $1,867.44 $0.00 $2,493.70 $445,400.78
237 $445,400.78 $1,867.44 $0.00 $2,518.36 $449,786.58
238 $449,786.58 $1,867.44 $0.00 $2,543.16 $454,197.18
239 $454,197.18 $1,867.44 $0.00 $2,568.10 $458,632.72
240 $458,632.72 $1,867.44 $0.00 $2,593.18 $463,093.34
241 $463,093.34 $1,867.44 $243,720.47 $2,618.40 $223,858.71
242 $223,858.71 $1,867.44 $0.00 $1,265.73 $226,991.88
243 $226,991.88 $1,867.44 $0.00 $1,283.45 $230,142.77
244 $230,142.77 $1,867.44 $0.00 $1,301.26 $233,311.47
245 $233,311.47 $1,867.44 $0.00 $1,319.18 $236,498.09
246 $236,498.09 $1,867.44 $0.00 $1,337.19 $239,702.72
247 $239,702.72 $1,867.44 $0.00 $1,355.31 $242,925.47
248 $242,925.47 $1,867.44 $0.00 $1,373.54 $246,166.45
249 $246,166.45 $1,867.44 $0.00 $1,391.86 $249,425.75
250 $249,425.75 $1,867.44 $0.00 $1,410.29 $252,703.48
251 $252,703.48 $1,867.44 $0.00 $1,428.82 $255,999.74
252 $255,999.74 $1,867.44 $0.00 $1,447.46 $259,314.64
253 $259,314.64 $0.00 $260,780.90 $1,466.20 -$0.06