Savings Plan and Future Cost Estimation for Ohio University Eastern Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$61,775
Monthly savings required$488

How much will it cost to send your child to Ohio University Eastern Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $247,100.43 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $488.23 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$16,466.00
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 $488.23 $0.00 $0.00 $488.23
2 $488.23 $488.23 $0.00 $2.76 $979.22
3 $979.22 $488.23 $0.00 $5.54 $1,472.99
4 $1,472.99 $488.23 $0.00 $8.33 $1,969.55
5 $1,969.55 $488.23 $0.00 $11.14 $2,468.92
6 $2,468.92 $488.23 $0.00 $13.96 $2,971.11
7 $2,971.11 $488.23 $0.00 $16.80 $3,476.14
8 $3,476.14 $488.23 $0.00 $19.65 $3,984.02
9 $3,984.02 $488.23 $0.00 $22.53 $4,494.78
10 $4,494.78 $488.23 $0.00 $25.41 $5,008.42
11 $5,008.42 $488.23 $0.00 $28.32 $5,524.97
12 $5,524.97 $488.23 $0.00 $31.24 $6,044.44
13 $6,044.44 $488.23 $0.00 $34.18 $6,566.85
14 $6,566.85 $488.23 $0.00 $37.13 $7,092.21
15 $7,092.21 $488.23 $0.00 $40.10 $7,620.54
16 $7,620.54 $488.23 $0.00 $43.09 $8,151.86
17 $8,151.86 $488.23 $0.00 $46.09 $8,686.18
18 $8,686.18 $488.23 $0.00 $49.11 $9,223.52
19 $9,223.52 $488.23 $0.00 $52.15 $9,763.90
20 $9,763.90 $488.23 $0.00 $55.21 $10,307.34
21 $10,307.34 $488.23 $0.00 $58.28 $10,853.85
22 $10,853.85 $488.23 $0.00 $61.37 $11,403.45
23 $11,403.45 $488.23 $0.00 $64.48 $11,956.16
24 $11,956.16 $488.23 $0.00 $67.60 $12,511.99
25 $12,511.99 $488.23 $0.00 $70.74 $13,070.96
26 $13,070.96 $488.23 $0.00 $73.91 $13,633.10
27 $13,633.10 $488.23 $0.00 $77.08 $14,198.41
28 $14,198.41 $488.23 $0.00 $80.28 $14,766.92
29 $14,766.92 $488.23 $0.00 $83.49 $15,338.64
30 $15,338.64 $488.23 $0.00 $86.73 $15,913.60
31 $15,913.60 $488.23 $0.00 $89.98 $16,491.81
32 $16,491.81 $488.23 $0.00 $93.25 $17,073.29
33 $17,073.29 $488.23 $0.00 $96.53 $17,658.05
34 $17,658.05 $488.23 $0.00 $99.84 $18,246.12
35 $18,246.12 $488.23 $0.00 $103.17 $18,837.52
36 $18,837.52 $488.23 $0.00 $106.51 $19,432.26
37 $19,432.26 $488.23 $0.00 $109.87 $20,030.36
38 $20,030.36 $488.23 $0.00 $113.25 $20,631.84
39 $20,631.84 $488.23 $0.00 $116.66 $21,236.73
40 $21,236.73 $488.23 $0.00 $120.08 $21,845.04
41 $21,845.04 $488.23 $0.00 $123.52 $22,456.79
42 $22,456.79 $488.23 $0.00 $126.97 $23,071.99
43 $23,071.99 $488.23 $0.00 $130.45 $23,690.67
44 $23,690.67 $488.23 $0.00 $133.95 $24,312.85
45 $24,312.85 $488.23 $0.00 $137.47 $24,938.55
46 $24,938.55 $488.23 $0.00 $141.01 $25,567.79
47 $25,567.79 $488.23 $0.00 $144.56 $26,200.58
48 $26,200.58 $488.23 $0.00 $148.14 $26,836.95
49 $26,836.95 $488.23 $0.00 $151.74 $27,476.92
50 $27,476.92 $488.23 $0.00 $155.36 $28,120.51
51 $28,120.51 $488.23 $0.00 $159.00 $28,767.74
52 $28,767.74 $488.23 $0.00 $162.66 $29,418.63
53 $29,418.63 $488.23 $0.00 $166.34 $30,073.20
54 $30,073.20 $488.23 $0.00 $170.04 $30,731.47
55 $30,731.47 $488.23 $0.00 $173.76 $31,393.46
56 $31,393.46 $488.23 $0.00 $177.50 $32,059.19
57 $32,059.19 $488.23 $0.00 $181.27 $32,728.69
58 $32,728.69 $488.23 $0.00 $185.05 $33,401.97
59 $33,401.97 $488.23 $0.00 $188.86 $34,079.06
60 $34,079.06 $488.23 $0.00 $192.69 $34,759.98
61 $34,759.98 $488.23 $0.00 $196.54 $35,444.75
62 $35,444.75 $488.23 $0.00 $200.41 $36,133.39
63 $36,133.39 $488.23 $0.00 $204.30 $36,825.92
64 $36,825.92 $488.23 $0.00 $208.22 $37,522.37
65 $37,522.37 $488.23 $0.00 $212.16 $38,222.76
66 $38,222.76 $488.23 $0.00 $216.12 $38,927.11
67 $38,927.11 $488.23 $0.00 $220.10 $39,635.44
68 $39,635.44 $488.23 $0.00 $224.10 $40,347.77
69 $40,347.77 $488.23 $0.00 $228.13 $41,064.13
70 $41,064.13 $488.23 $0.00 $232.18 $41,784.54
71 $41,784.54 $488.23 $0.00 $236.26 $42,509.03
72 $42,509.03 $488.23 $0.00 $240.35 $43,237.61
73 $43,237.61 $488.23 $0.00 $244.47 $43,970.31
74 $43,970.31 $488.23 $0.00 $248.61 $44,707.15
75 $44,707.15 $488.23 $0.00 $252.78 $45,448.16
76 $45,448.16 $488.23 $0.00 $256.97 $46,193.36
77 $46,193.36 $488.23 $0.00 $261.18 $46,942.77
78 $46,942.77 $488.23 $0.00 $265.42 $47,696.42
79 $47,696.42 $488.23 $0.00 $269.68 $48,454.33
80 $48,454.33 $488.23 $0.00 $273.97 $49,216.53
81 $49,216.53 $488.23 $0.00 $278.28 $49,983.04
82 $49,983.04 $488.23 $0.00 $282.61 $50,753.88
83 $50,753.88 $488.23 $0.00 $286.97 $51,529.08
84 $51,529.08 $488.23 $0.00 $291.35 $52,308.66
85 $52,308.66 $488.23 $0.00 $295.76 $53,092.65
86 $53,092.65 $488.23 $0.00 $300.19 $53,881.07
87 $53,881.07 $488.23 $0.00 $304.65 $54,673.95
88 $54,673.95 $488.23 $0.00 $309.13 $55,471.31
89 $55,471.31 $488.23 $0.00 $313.64 $56,273.18
90 $56,273.18 $488.23 $0.00 $318.18 $57,079.59
91 $57,079.59 $488.23 $0.00 $322.74 $57,890.56
92 $57,890.56 $488.23 $0.00 $327.32 $58,706.11
93 $58,706.11 $488.23 $0.00 $331.93 $59,526.27
94 $59,526.27 $488.23 $0.00 $336.57 $60,351.07
95 $60,351.07 $488.23 $0.00 $341.23 $61,180.53
96 $61,180.53 $488.23 $0.00 $345.92 $62,014.68
97 $62,014.68 $488.23 $0.00 $350.64 $62,853.55
98 $62,853.55 $488.23 $0.00 $355.38 $63,697.16
99 $63,697.16 $488.23 $0.00 $360.15 $64,545.54
100 $64,545.54 $488.23 $0.00 $364.95 $65,398.72
101 $65,398.72 $488.23 $0.00 $369.77 $66,256.72
102 $66,256.72 $488.23 $0.00 $374.63 $67,119.58
103 $67,119.58 $488.23 $0.00 $379.50 $67,987.31
104 $67,987.31 $488.23 $0.00 $384.41 $68,859.95
105 $68,859.95 $488.23 $0.00 $389.34 $69,737.52
106 $69,737.52 $488.23 $0.00 $394.31 $70,620.06
107 $70,620.06 $488.23 $0.00 $399.30 $71,507.59
108 $71,507.59 $488.23 $0.00 $404.31 $72,400.13
109 $72,400.13 $488.23 $0.00 $409.36 $73,297.72
110 $73,297.72 $488.23 $0.00 $414.44 $74,200.39
111 $74,200.39 $488.23 $0.00 $419.54 $75,108.16
112 $75,108.16 $488.23 $0.00 $424.67 $76,021.06
113 $76,021.06 $488.23 $0.00 $429.83 $76,939.12
114 $76,939.12 $488.23 $0.00 $435.02 $77,862.37
115 $77,862.37 $488.23 $0.00 $440.25 $78,790.85
116 $78,790.85 $488.23 $0.00 $445.49 $79,724.57
117 $79,724.57 $488.23 $0.00 $450.77 $80,663.57
118 $80,663.57 $488.23 $0.00 $456.08 $81,607.88
119 $81,607.88 $488.23 $0.00 $461.42 $82,557.53
120 $82,557.53 $488.23 $0.00 $466.79 $83,512.55
121 $83,512.55 $488.23 $0.00 $472.19 $84,472.97
122 $84,472.97 $488.23 $0.00 $477.62 $85,438.82
123 $85,438.82 $488.23 $0.00 $483.08 $86,410.13
124 $86,410.13 $488.23 $0.00 $488.58 $87,386.94
125 $87,386.94 $488.23 $0.00 $494.10 $88,369.27
126 $88,369.27 $488.23 $0.00 $499.65 $89,357.15
127 $89,357.15 $488.23 $0.00 $505.24 $90,350.62
128 $90,350.62 $488.23 $0.00 $510.86 $91,349.71
129 $91,349.71 $488.23 $0.00 $516.50 $92,354.44
130 $92,354.44 $488.23 $0.00 $522.19 $93,364.86
131 $93,364.86 $488.23 $0.00 $527.90 $94,380.99
132 $94,380.99 $488.23 $0.00 $533.64 $95,402.86
133 $95,402.86 $488.23 $0.00 $539.42 $96,430.51
134 $96,430.51 $488.23 $0.00 $545.23 $97,463.97
135 $97,463.97 $488.23 $0.00 $551.08 $98,503.28
136 $98,503.28 $488.23 $0.00 $556.95 $99,548.46
137 $99,548.46 $488.23 $0.00 $562.86 $100,599.55
138 $100,599.55 $488.23 $0.00 $568.80 $101,656.58
139 $101,656.58 $488.23 $0.00 $574.78 $102,719.59
140 $102,719.59 $488.23 $0.00 $580.79 $103,788.61
141 $103,788.61 $488.23 $0.00 $586.84 $104,863.68
142 $104,863.68 $488.23 $0.00 $592.91 $105,944.82
143 $105,944.82 $488.23 $0.00 $599.03 $107,032.08
144 $107,032.08 $488.23 $0.00 $605.17 $108,125.48
145 $108,125.48 $488.23 $0.00 $611.36 $109,225.07
146 $109,225.07 $488.23 $0.00 $617.57 $110,330.87
147 $110,330.87 $488.23 $0.00 $623.83 $111,442.93
148 $111,442.93 $488.23 $0.00 $630.11 $112,561.27
149 $112,561.27 $488.23 $0.00 $636.44 $113,685.94
150 $113,685.94 $488.23 $0.00 $642.80 $114,816.97
151 $114,816.97 $488.23 $0.00 $649.19 $115,954.39
152 $115,954.39 $488.23 $0.00 $655.62 $117,098.24
153 $117,098.24 $488.23 $0.00 $662.09 $118,248.56
154 $118,248.56 $488.23 $0.00 $668.59 $119,405.38
155 $119,405.38 $488.23 $0.00 $675.14 $120,568.75
156 $120,568.75 $488.23 $0.00 $681.71 $121,738.69
157 $121,738.69 $488.23 $0.00 $688.33 $122,915.25
158 $122,915.25 $488.23 $0.00 $694.98 $124,098.46
159 $124,098.46 $488.23 $0.00 $701.67 $125,288.36
160 $125,288.36 $488.23 $0.00 $708.40 $126,484.99
161 $126,484.99 $488.23 $0.00 $715.16 $127,688.38
162 $127,688.38 $488.23 $0.00 $721.97 $128,898.58
163 $128,898.58 $488.23 $0.00 $728.81 $130,115.62
164 $130,115.62 $488.23 $0.00 $735.69 $131,339.54
165 $131,339.54 $488.23 $0.00 $742.61 $132,570.38
166 $132,570.38 $488.23 $0.00 $749.57 $133,808.18
167 $133,808.18 $488.23 $0.00 $756.57 $135,052.98
168 $135,052.98 $488.23 $0.00 $763.61 $136,304.82
169 $136,304.82 $488.23 $0.00 $770.69 $137,563.74
170 $137,563.74 $488.23 $0.00 $777.81 $138,829.78
171 $138,829.78 $488.23 $0.00 $784.96 $140,102.97
172 $140,102.97 $488.23 $0.00 $792.16 $141,383.36
173 $141,383.36 $488.23 $0.00 $799.40 $142,670.99
174 $142,670.99 $488.23 $0.00 $806.68 $143,965.90
175 $143,965.90 $488.23 $0.00 $814.00 $145,268.13
176 $145,268.13 $488.23 $0.00 $821.37 $146,577.73
177 $146,577.73 $488.23 $0.00 $828.77 $147,894.73
178 $147,894.73 $488.23 $0.00 $836.22 $149,219.18
179 $149,219.18 $488.23 $0.00 $843.71 $150,551.12
180 $150,551.12 $488.23 $0.00 $851.24 $151,890.59
181 $151,890.59 $488.23 $0.00 $858.81 $153,237.63
182 $153,237.63 $488.23 $0.00 $866.43 $154,592.29
183 $154,592.29 $488.23 $0.00 $874.09 $155,954.61
184 $155,954.61 $488.23 $0.00 $881.79 $157,324.63
185 $157,324.63 $488.23 $0.00 $889.54 $158,702.40
186 $158,702.40 $488.23 $0.00 $897.33 $160,087.96
187 $160,087.96 $488.23 $0.00 $905.16 $161,481.35
188 $161,481.35 $488.23 $0.00 $913.04 $162,882.62
189 $162,882.62 $488.23 $0.00 $920.96 $164,291.81
190 $164,291.81 $488.23 $0.00 $928.93 $165,708.97
191 $165,708.97 $488.23 $0.00 $936.94 $167,134.14
192 $167,134.14 $488.23 $0.00 $945.00 $168,567.37
193 $168,567.37 $488.23 $0.00 $953.10 $170,008.70
194 $170,008.70 $488.23 $0.00 $961.25 $171,458.18
195 $171,458.18 $488.23 $0.00 $969.45 $172,915.86
196 $172,915.86 $488.23 $0.00 $977.69 $174,381.78
197 $174,381.78 $488.23 $0.00 $985.98 $175,855.99
198 $175,855.99 $488.23 $0.00 $994.32 $177,338.54
199 $177,338.54 $488.23 $0.00 $1,002.70 $178,829.47
200 $178,829.47 $488.23 $0.00 $1,011.13 $180,328.83
201 $180,328.83 $488.23 $0.00 $1,019.61 $181,836.67
202 $181,836.67 $488.23 $0.00 $1,028.13 $183,353.03
203 $183,353.03 $488.23 $0.00 $1,036.70 $184,877.96
204 $184,877.96 $488.23 $0.00 $1,045.33 $186,411.52
205 $186,411.52 $488.23 $0.00 $1,054.00 $187,953.75
206 $187,953.75 $488.23 $0.00 $1,062.72 $189,504.70
207 $189,504.70 $488.23 $0.00 $1,071.49 $191,064.42
208 $191,064.42 $488.23 $0.00 $1,080.31 $192,632.96
209 $192,632.96 $488.23 $0.00 $1,089.17 $194,210.36
210 $194,210.36 $488.23 $0.00 $1,098.09 $195,796.68
211 $195,796.68 $488.23 $0.00 $1,107.06 $197,391.97
212 $197,391.97 $488.23 $0.00 $1,116.08 $198,996.28
213 $198,996.28 $488.23 $0.00 $1,125.15 $200,609.66
214 $200,609.66 $488.23 $0.00 $1,134.28 $202,232.17
215 $202,232.17 $488.23 $0.00 $1,143.45 $203,863.85
216 $203,863.85 $488.23 $0.00 $1,152.68 $205,504.76
217 $205,504.76 $488.23 $55,653.96 $1,161.95 $151,500.98
218 $151,500.98 $488.23 $0.00 $856.61 $152,845.82
219 $152,845.82 $488.23 $0.00 $864.21 $154,198.26
220 $154,198.26 $488.23 $0.00 $871.86 $155,558.35
221 $155,558.35 $488.23 $0.00 $879.55 $156,926.13
222 $156,926.13 $488.23 $0.00 $887.28 $158,301.64
223 $158,301.64 $488.23 $0.00 $895.06 $159,684.93
224 $159,684.93 $488.23 $0.00 $902.88 $161,076.04
225 $161,076.04 $488.23 $0.00 $910.75 $162,475.02
226 $162,475.02 $488.23 $0.00 $918.66 $163,881.91
227 $163,881.91 $488.23 $0.00 $926.61 $165,296.75
228 $165,296.75 $488.23 $0.00 $934.61 $166,719.59
229 $166,719.59 $488.23 $59,549.74 $942.66 $108,600.74
230 $108,600.74 $488.23 $0.00 $614.04 $109,703.01
231 $109,703.01 $488.23 $0.00 $620.28 $110,811.52
232 $110,811.52 $488.23 $0.00 $626.54 $111,926.29
233 $111,926.29 $488.23 $0.00 $632.85 $113,047.37
234 $113,047.37 $488.23 $0.00 $639.19 $114,174.79
235 $114,174.79 $488.23 $0.00 $645.56 $115,308.58
236 $115,308.58 $488.23 $0.00 $651.97 $116,448.78
237 $116,448.78 $488.23 $0.00 $658.42 $117,595.43
238 $117,595.43 $488.23 $0.00 $664.90 $118,748.56
239 $118,748.56 $488.23 $0.00 $671.42 $119,908.21
240 $119,908.21 $488.23 $0.00 $677.98 $121,074.42
241 $121,074.42 $488.23 $63,718.22 $684.57 $58,529.00
242 $58,529.00 $488.23 $0.00 $330.93 $59,348.16
243 $59,348.16 $488.23 $0.00 $335.56 $60,171.95
244 $60,171.95 $488.23 $0.00 $340.22 $61,000.40
245 $61,000.40 $488.23 $0.00 $344.91 $61,833.54
246 $61,833.54 $488.23 $0.00 $349.62 $62,671.39
247 $62,671.39 $488.23 $0.00 $354.35 $63,513.97
248 $63,513.97 $488.23 $0.00 $359.12 $64,361.32
249 $64,361.32 $488.23 $0.00 $363.91 $65,213.46
250 $65,213.46 $488.23 $0.00 $368.73 $66,070.42
251 $66,070.42 $488.23 $0.00 $373.57 $66,932.22
252 $66,932.22 $488.23 $0.00 $378.44 $67,798.89
253 $67,798.89 $0.00 $68,178.50 $383.34 $3.73