Savings Plan and Future Cost Estimation for Savannah College of Art and Design

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$226,695
Monthly savings required$1,792

How much will it cost to send your child to Savannah College of Art and Design in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $906,780.25 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,791.63 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$60,425.00
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 Savannah College of Art and Design in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,791.63 $0.00 $0.00 $1,791.63
2 $1,791.63 $1,791.63 $0.00 $10.13 $3,593.39
3 $3,593.39 $1,791.63 $0.00 $20.32 $5,405.34
4 $5,405.34 $1,791.63 $0.00 $30.56 $7,227.53
5 $7,227.53 $1,791.63 $0.00 $40.87 $9,060.03
6 $9,060.03 $1,791.63 $0.00 $51.23 $10,902.89
7 $10,902.89 $1,791.63 $0.00 $61.65 $12,756.17
8 $12,756.17 $1,791.63 $0.00 $72.13 $14,619.93
9 $14,619.93 $1,791.63 $0.00 $82.66 $16,494.22
10 $16,494.22 $1,791.63 $0.00 $93.26 $18,379.11
11 $18,379.11 $1,791.63 $0.00 $103.92 $20,274.66
12 $20,274.66 $1,791.63 $0.00 $114.64 $22,180.93
13 $22,180.93 $1,791.63 $0.00 $125.41 $24,097.97
14 $24,097.97 $1,791.63 $0.00 $136.25 $26,025.85
15 $26,025.85 $1,791.63 $0.00 $147.15 $27,964.63
16 $27,964.63 $1,791.63 $0.00 $158.12 $29,914.38
17 $29,914.38 $1,791.63 $0.00 $169.14 $31,875.15
18 $31,875.15 $1,791.63 $0.00 $180.23 $33,847.01
19 $33,847.01 $1,791.63 $0.00 $191.38 $35,830.02
20 $35,830.02 $1,791.63 $0.00 $202.59 $37,824.24
21 $37,824.24 $1,791.63 $0.00 $213.86 $39,829.73
22 $39,829.73 $1,791.63 $0.00 $225.20 $41,846.56
23 $41,846.56 $1,791.63 $0.00 $236.61 $43,874.80
24 $43,874.80 $1,791.63 $0.00 $248.07 $45,914.50
25 $45,914.50 $1,791.63 $0.00 $259.61 $47,965.74
26 $47,965.74 $1,791.63 $0.00 $271.21 $50,028.58
27 $50,028.58 $1,791.63 $0.00 $282.87 $52,103.08
28 $52,103.08 $1,791.63 $0.00 $294.60 $54,189.31
29 $54,189.31 $1,791.63 $0.00 $306.39 $56,287.33
30 $56,287.33 $1,791.63 $0.00 $318.26 $58,397.22
31 $58,397.22 $1,791.63 $0.00 $330.19 $60,519.04
32 $60,519.04 $1,791.63 $0.00 $342.18 $62,652.85
33 $62,652.85 $1,791.63 $0.00 $354.25 $64,798.73
34 $64,798.73 $1,791.63 $0.00 $366.38 $66,956.74
35 $66,956.74 $1,791.63 $0.00 $378.58 $69,126.95
36 $69,126.95 $1,791.63 $0.00 $390.85 $71,309.43
37 $71,309.43 $1,791.63 $0.00 $403.19 $73,504.25
38 $73,504.25 $1,791.63 $0.00 $415.60 $75,711.48
39 $75,711.48 $1,791.63 $0.00 $428.08 $77,931.19
40 $77,931.19 $1,791.63 $0.00 $440.63 $80,163.45
41 $80,163.45 $1,791.63 $0.00 $453.26 $82,408.34
42 $82,408.34 $1,791.63 $0.00 $465.95 $84,665.92
43 $84,665.92 $1,791.63 $0.00 $478.71 $86,936.26
44 $86,936.26 $1,791.63 $0.00 $491.55 $89,219.44
45 $89,219.44 $1,791.63 $0.00 $504.46 $91,515.53
46 $91,515.53 $1,791.63 $0.00 $517.44 $93,824.60
47 $93,824.60 $1,791.63 $0.00 $530.50 $96,146.73
48 $96,146.73 $1,791.63 $0.00 $543.63 $98,481.99
49 $98,481.99 $1,791.63 $0.00 $556.83 $100,830.45
50 $100,830.45 $1,791.63 $0.00 $570.11 $103,192.19
51 $103,192.19 $1,791.63 $0.00 $583.46 $105,567.28
52 $105,567.28 $1,791.63 $0.00 $596.89 $107,955.80
53 $107,955.80 $1,791.63 $0.00 $610.40 $110,357.83
54 $110,357.83 $1,791.63 $0.00 $623.98 $112,773.44
55 $112,773.44 $1,791.63 $0.00 $637.64 $115,202.71
56 $115,202.71 $1,791.63 $0.00 $651.37 $117,645.71
57 $117,645.71 $1,791.63 $0.00 $665.19 $120,102.53
58 $120,102.53 $1,791.63 $0.00 $679.08 $122,573.24
59 $122,573.24 $1,791.63 $0.00 $693.05 $125,057.92
60 $125,057.92 $1,791.63 $0.00 $707.10 $127,556.65
61 $127,556.65 $1,791.63 $0.00 $721.22 $130,069.50
62 $130,069.50 $1,791.63 $0.00 $735.43 $132,596.56
63 $132,596.56 $1,791.63 $0.00 $749.72 $135,137.91
64 $135,137.91 $1,791.63 $0.00 $764.09 $137,693.63
65 $137,693.63 $1,791.63 $0.00 $778.54 $140,263.80
66 $140,263.80 $1,791.63 $0.00 $793.07 $142,848.50
67 $142,848.50 $1,791.63 $0.00 $807.69 $145,447.82
68 $145,447.82 $1,791.63 $0.00 $822.38 $148,061.83
69 $148,061.83 $1,791.63 $0.00 $837.16 $150,690.62
70 $150,690.62 $1,791.63 $0.00 $852.03 $153,334.28
71 $153,334.28 $1,791.63 $0.00 $866.97 $155,992.88
72 $155,992.88 $1,791.63 $0.00 $882.01 $158,666.52
73 $158,666.52 $1,791.63 $0.00 $897.12 $161,355.27
74 $161,355.27 $1,791.63 $0.00 $912.33 $164,059.23
75 $164,059.23 $1,791.63 $0.00 $927.61 $166,778.47
76 $166,778.47 $1,791.63 $0.00 $942.99 $169,513.09
77 $169,513.09 $1,791.63 $0.00 $958.45 $172,263.17
78 $172,263.17 $1,791.63 $0.00 $974.00 $175,028.80
79 $175,028.80 $1,791.63 $0.00 $989.64 $177,810.07
80 $177,810.07 $1,791.63 $0.00 $1,005.36 $180,607.06
81 $180,607.06 $1,791.63 $0.00 $1,021.18 $183,419.87
82 $183,419.87 $1,791.63 $0.00 $1,037.08 $186,248.58
83 $186,248.58 $1,791.63 $0.00 $1,053.08 $189,093.29
84 $189,093.29 $1,791.63 $0.00 $1,069.16 $191,954.08
85 $191,954.08 $1,791.63 $0.00 $1,085.34 $194,831.05
86 $194,831.05 $1,791.63 $0.00 $1,101.60 $197,724.28
87 $197,724.28 $1,791.63 $0.00 $1,117.96 $200,633.87
88 $200,633.87 $1,791.63 $0.00 $1,134.41 $203,559.91
89 $203,559.91 $1,791.63 $0.00 $1,150.96 $206,502.50
90 $206,502.50 $1,791.63 $0.00 $1,167.60 $209,461.73
91 $209,461.73 $1,791.63 $0.00 $1,184.33 $212,437.69
92 $212,437.69 $1,791.63 $0.00 $1,201.15 $215,430.47
93 $215,430.47 $1,791.63 $0.00 $1,218.08 $218,440.18
94 $218,440.18 $1,791.63 $0.00 $1,235.09 $221,466.90
95 $221,466.90 $1,791.63 $0.00 $1,252.21 $224,510.74
96 $224,510.74 $1,791.63 $0.00 $1,269.42 $227,571.79
97 $227,571.79 $1,791.63 $0.00 $1,286.72 $230,650.14
98 $230,650.14 $1,791.63 $0.00 $1,304.13 $233,745.90
99 $233,745.90 $1,791.63 $0.00 $1,321.63 $236,859.16
100 $236,859.16 $1,791.63 $0.00 $1,339.24 $239,990.03
101 $239,990.03 $1,791.63 $0.00 $1,356.94 $243,138.60
102 $243,138.60 $1,791.63 $0.00 $1,374.74 $246,304.97
103 $246,304.97 $1,791.63 $0.00 $1,392.64 $249,489.24
104 $249,489.24 $1,791.63 $0.00 $1,410.65 $252,691.52
105 $252,691.52 $1,791.63 $0.00 $1,428.75 $255,911.90
106 $255,911.90 $1,791.63 $0.00 $1,446.96 $259,150.49
107 $259,150.49 $1,791.63 $0.00 $1,465.27 $262,407.39
108 $262,407.39 $1,791.63 $0.00 $1,483.69 $265,682.71
109 $265,682.71 $1,791.63 $0.00 $1,502.21 $268,976.55
110 $268,976.55 $1,791.63 $0.00 $1,520.83 $272,289.01
111 $272,289.01 $1,791.63 $0.00 $1,539.56 $275,620.20
112 $275,620.20 $1,791.63 $0.00 $1,558.40 $278,970.23
113 $278,970.23 $1,791.63 $0.00 $1,577.34 $282,339.20
114 $282,339.20 $1,791.63 $0.00 $1,596.39 $285,727.22
115 $285,727.22 $1,791.63 $0.00 $1,615.54 $289,134.39
116 $289,134.39 $1,791.63 $0.00 $1,634.81 $292,560.83
117 $292,560.83 $1,791.63 $0.00 $1,654.18 $296,006.64
118 $296,006.64 $1,791.63 $0.00 $1,673.66 $299,471.93
119 $299,471.93 $1,791.63 $0.00 $1,693.26 $302,956.82
120 $302,956.82 $1,791.63 $0.00 $1,712.96 $306,461.41
121 $306,461.41 $1,791.63 $0.00 $1,732.78 $309,985.82
122 $309,985.82 $1,791.63 $0.00 $1,752.70 $313,530.15
123 $313,530.15 $1,791.63 $0.00 $1,772.75 $317,094.53
124 $317,094.53 $1,791.63 $0.00 $1,792.90 $320,679.06
125 $320,679.06 $1,791.63 $0.00 $1,813.17 $324,283.86
126 $324,283.86 $1,791.63 $0.00 $1,833.55 $327,909.04
127 $327,909.04 $1,791.63 $0.00 $1,854.05 $331,554.72
128 $331,554.72 $1,791.63 $0.00 $1,874.66 $335,221.01
129 $335,221.01 $1,791.63 $0.00 $1,895.39 $338,908.03
130 $338,908.03 $1,791.63 $0.00 $1,916.24 $342,615.90
131 $342,615.90 $1,791.63 $0.00 $1,937.20 $346,344.73
132 $346,344.73 $1,791.63 $0.00 $1,958.28 $350,094.64
133 $350,094.64 $1,791.63 $0.00 $1,979.49 $353,865.76
134 $353,865.76 $1,791.63 $0.00 $2,000.81 $357,658.20
135 $357,658.20 $1,791.63 $0.00 $2,022.25 $361,472.08
136 $361,472.08 $1,791.63 $0.00 $2,043.82 $365,307.53
137 $365,307.53 $1,791.63 $0.00 $2,065.50 $369,164.66
138 $369,164.66 $1,791.63 $0.00 $2,087.31 $373,043.60
139 $373,043.60 $1,791.63 $0.00 $2,109.24 $376,944.47
140 $376,944.47 $1,791.63 $0.00 $2,131.30 $380,867.40
141 $380,867.40 $1,791.63 $0.00 $2,153.48 $384,812.51
142 $384,812.51 $1,791.63 $0.00 $2,175.79 $388,779.93
143 $388,779.93 $1,791.63 $0.00 $2,198.22 $392,769.78
144 $392,769.78 $1,791.63 $0.00 $2,220.78 $396,782.19
145 $396,782.19 $1,791.63 $0.00 $2,243.46 $400,817.28
146 $400,817.28 $1,791.63 $0.00 $2,266.28 $404,875.19
147 $404,875.19 $1,791.63 $0.00 $2,289.22 $408,956.04
148 $408,956.04 $1,791.63 $0.00 $2,312.30 $413,059.97
149 $413,059.97 $1,791.63 $0.00 $2,335.50 $417,187.10
150 $417,187.10 $1,791.63 $0.00 $2,358.84 $421,337.57
151 $421,337.57 $1,791.63 $0.00 $2,382.30 $425,511.50
152 $425,511.50 $1,791.63 $0.00 $2,405.90 $429,709.03
153 $429,709.03 $1,791.63 $0.00 $2,429.64 $433,930.30
154 $433,930.30 $1,791.63 $0.00 $2,453.51 $438,175.44
155 $438,175.44 $1,791.63 $0.00 $2,477.51 $442,444.58
156 $442,444.58 $1,791.63 $0.00 $2,501.65 $446,737.86
157 $446,737.86 $1,791.63 $0.00 $2,525.92 $451,055.41
158 $451,055.41 $1,791.63 $0.00 $2,550.33 $455,397.37
159 $455,397.37 $1,791.63 $0.00 $2,574.88 $459,763.88
160 $459,763.88 $1,791.63 $0.00 $2,599.57 $464,155.08
161 $464,155.08 $1,791.63 $0.00 $2,624.40 $468,571.11
162 $468,571.11 $1,791.63 $0.00 $2,649.37 $473,012.11
163 $473,012.11 $1,791.63 $0.00 $2,674.48 $477,478.22
164 $477,478.22 $1,791.63 $0.00 $2,699.73 $481,969.58
165 $481,969.58 $1,791.63 $0.00 $2,725.13 $486,486.34
166 $486,486.34 $1,791.63 $0.00 $2,750.66 $491,028.63
167 $491,028.63 $1,791.63 $0.00 $2,776.35 $495,596.61
168 $495,596.61 $1,791.63 $0.00 $2,802.18 $500,190.42
169 $500,190.42 $1,791.63 $0.00 $2,828.15 $504,810.20
170 $504,810.20 $1,791.63 $0.00 $2,854.27 $509,456.10
171 $509,456.10 $1,791.63 $0.00 $2,880.54 $514,128.27
172 $514,128.27 $1,791.63 $0.00 $2,906.96 $518,826.86
173 $518,826.86 $1,791.63 $0.00 $2,933.52 $523,552.01
174 $523,552.01 $1,791.63 $0.00 $2,960.24 $528,303.88
175 $528,303.88 $1,791.63 $0.00 $2,987.11 $533,082.62
176 $533,082.62 $1,791.63 $0.00 $3,014.13 $537,888.38
177 $537,888.38 $1,791.63 $0.00 $3,041.30 $542,721.31
178 $542,721.31 $1,791.63 $0.00 $3,068.63 $547,581.57
179 $547,581.57 $1,791.63 $0.00 $3,096.11 $552,469.31
180 $552,469.31 $1,791.63 $0.00 $3,123.74 $557,384.68
181 $557,384.68 $1,791.63 $0.00 $3,151.53 $562,327.84
182 $562,327.84 $1,791.63 $0.00 $3,179.48 $567,298.95
183 $567,298.95 $1,791.63 $0.00 $3,207.59 $572,298.17
184 $572,298.17 $1,791.63 $0.00 $3,235.86 $577,325.66
185 $577,325.66 $1,791.63 $0.00 $3,264.28 $582,381.57
186 $582,381.57 $1,791.63 $0.00 $3,292.87 $587,466.07
187 $587,466.07 $1,791.63 $0.00 $3,321.62 $592,579.32
188 $592,579.32 $1,791.63 $0.00 $3,350.53 $597,721.48
189 $597,721.48 $1,791.63 $0.00 $3,379.60 $602,892.71
190 $602,892.71 $1,791.63 $0.00 $3,408.84 $608,093.18
191 $608,093.18 $1,791.63 $0.00 $3,438.25 $613,323.06
192 $613,323.06 $1,791.63 $0.00 $3,467.82 $618,582.51
193 $618,582.51 $1,791.63 $0.00 $3,497.56 $623,871.70
194 $623,871.70 $1,791.63 $0.00 $3,527.46 $629,190.79
195 $629,190.79 $1,791.63 $0.00 $3,557.54 $634,539.96
196 $634,539.96 $1,791.63 $0.00 $3,587.78 $639,919.37
197 $639,919.37 $1,791.63 $0.00 $3,618.20 $645,329.20
198 $645,329.20 $1,791.63 $0.00 $3,648.79 $650,769.62
199 $650,769.62 $1,791.63 $0.00 $3,679.55 $656,240.80
200 $656,240.80 $1,791.63 $0.00 $3,710.48 $661,742.91
201 $661,742.91 $1,791.63 $0.00 $3,741.59 $667,276.13
202 $667,276.13 $1,791.63 $0.00 $3,772.88 $672,840.64
203 $672,840.64 $1,791.63 $0.00 $3,804.34 $678,436.61
204 $678,436.61 $1,791.63 $0.00 $3,835.98 $684,064.22
205 $684,064.22 $1,791.63 $0.00 $3,867.80 $689,723.65
206 $689,723.65 $1,791.63 $0.00 $3,899.80 $695,415.08
207 $695,415.08 $1,791.63 $0.00 $3,931.98 $701,138.69
208 $701,138.69 $1,791.63 $0.00 $3,964.34 $706,894.66
209 $706,894.66 $1,791.63 $0.00 $3,996.89 $712,683.18
210 $712,683.18 $1,791.63 $0.00 $4,029.61 $718,504.42
211 $718,504.42 $1,791.63 $0.00 $4,062.53 $724,358.58
212 $724,358.58 $1,791.63 $0.00 $4,095.63 $730,245.84
213 $730,245.84 $1,791.63 $0.00 $4,128.92 $736,166.39
214 $736,166.39 $1,791.63 $0.00 $4,162.39 $742,120.41
215 $742,120.41 $1,791.63 $0.00 $4,196.06 $748,108.10
216 $748,108.10 $1,791.63 $0.00 $4,229.91 $754,129.64
217 $754,129.64 $1,791.63 $204,232.41 $4,263.96 $555,952.82
218 $555,952.82 $1,791.63 $0.00 $3,143.44 $560,887.89
219 $560,887.89 $1,791.63 $0.00 $3,171.34 $565,850.86
220 $565,850.86 $1,791.63 $0.00 $3,199.40 $570,841.89
221 $570,841.89 $1,791.63 $0.00 $3,227.62 $575,861.14
222 $575,861.14 $1,791.63 $0.00 $3,256.00 $580,908.77
223 $580,908.77 $1,791.63 $0.00 $3,284.54 $585,984.94
224 $585,984.94 $1,791.63 $0.00 $3,313.24 $591,089.81
225 $591,089.81 $1,791.63 $0.00 $3,342.11 $596,223.55
226 $596,223.55 $1,791.63 $0.00 $3,371.13 $601,386.31
227 $601,386.31 $1,791.63 $0.00 $3,400.33 $606,578.27
228 $606,578.27 $1,791.63 $0.00 $3,429.68 $611,799.58
229 $611,799.58 $1,791.63 $218,528.68 $3,459.20 $398,521.73
230 $398,521.73 $1,791.63 $0.00 $2,253.30 $402,566.66
231 $402,566.66 $1,791.63 $0.00 $2,276.17 $406,634.46
232 $406,634.46 $1,791.63 $0.00 $2,299.17 $410,725.26
233 $410,725.26 $1,791.63 $0.00 $2,322.30 $414,839.19
234 $414,839.19 $1,791.63 $0.00 $2,345.56 $418,976.38
235 $418,976.38 $1,791.63 $0.00 $2,368.95 $423,136.96
236 $423,136.96 $1,791.63 $0.00 $2,392.48 $427,321.07
237 $427,321.07 $1,791.63 $0.00 $2,416.14 $431,528.84
238 $431,528.84 $1,791.63 $0.00 $2,439.93 $435,760.40
239 $435,760.40 $1,791.63 $0.00 $2,463.85 $440,015.88
240 $440,015.88 $1,791.63 $0.00 $2,487.91 $444,295.42
241 $444,295.42 $1,791.63 $233,825.68 $2,512.11 $214,773.48
242 $214,773.48 $1,791.63 $0.00 $1,214.36 $217,779.47
243 $217,779.47 $1,791.63 $0.00 $1,231.36 $220,802.46
244 $220,802.46 $1,791.63 $0.00 $1,248.45 $223,842.54
245 $223,842.54 $1,791.63 $0.00 $1,265.64 $226,899.81
246 $226,899.81 $1,791.63 $0.00 $1,282.92 $229,974.36
247 $229,974.36 $1,791.63 $0.00 $1,300.31 $233,066.30
248 $233,066.30 $1,791.63 $0.00 $1,317.79 $236,175.72
249 $236,175.72 $1,791.63 $0.00 $1,335.37 $239,302.72
250 $239,302.72 $1,791.63 $0.00 $1,353.05 $242,447.40
251 $242,447.40 $1,791.63 $0.00 $1,370.83 $245,609.86
252 $245,609.86 $1,791.63 $0.00 $1,388.71 $248,790.20
253 $248,790.20 $0.00 $250,193.48 $1,406.70 $3.42