Savings Plan and Future Cost Estimation for University of Tulsa

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$246,136
Monthly savings required$1,945

How much will it cost to send your child to University of Tulsa in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $984,545.00 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,945.27 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$65,607.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,945.27 $0.00 $0.00 $1,945.27
2 $1,945.27 $1,945.27 $0.00 $11.00 $3,901.54
3 $3,901.54 $1,945.27 $0.00 $22.06 $5,868.87
4 $5,868.87 $1,945.27 $0.00 $33.18 $7,847.32
5 $7,847.32 $1,945.27 $0.00 $44.37 $9,836.96
6 $9,836.96 $1,945.27 $0.00 $55.62 $11,837.85
7 $11,837.85 $1,945.27 $0.00 $66.93 $13,850.05
8 $13,850.05 $1,945.27 $0.00 $78.31 $15,873.63
9 $15,873.63 $1,945.27 $0.00 $89.75 $17,908.65
10 $17,908.65 $1,945.27 $0.00 $101.26 $19,955.18
11 $19,955.18 $1,945.27 $0.00 $112.83 $22,013.28
12 $22,013.28 $1,945.27 $0.00 $124.47 $24,083.02
13 $24,083.02 $1,945.27 $0.00 $136.17 $26,164.46
14 $26,164.46 $1,945.27 $0.00 $147.94 $28,257.67
15 $28,257.67 $1,945.27 $0.00 $159.77 $30,362.71
16 $30,362.71 $1,945.27 $0.00 $171.68 $32,479.66
17 $32,479.66 $1,945.27 $0.00 $183.64 $34,608.57
18 $34,608.57 $1,945.27 $0.00 $195.68 $36,749.52
19 $36,749.52 $1,945.27 $0.00 $207.79 $38,902.58
20 $38,902.58 $1,945.27 $0.00 $219.96 $41,067.81
21 $41,067.81 $1,945.27 $0.00 $232.20 $43,245.28
22 $43,245.28 $1,945.27 $0.00 $244.52 $45,435.07
23 $45,435.07 $1,945.27 $0.00 $256.90 $47,637.24
24 $47,637.24 $1,945.27 $0.00 $269.35 $49,851.86
25 $49,851.86 $1,945.27 $0.00 $281.87 $52,079.00
26 $52,079.00 $1,945.27 $0.00 $294.46 $54,318.73
27 $54,318.73 $1,945.27 $0.00 $307.13 $56,571.13
28 $56,571.13 $1,945.27 $0.00 $319.86 $58,836.26
29 $58,836.26 $1,945.27 $0.00 $332.67 $61,114.20
30 $61,114.20 $1,945.27 $0.00 $345.55 $63,405.02
31 $63,405.02 $1,945.27 $0.00 $358.50 $65,708.79
32 $65,708.79 $1,945.27 $0.00 $371.53 $68,025.59
33 $68,025.59 $1,945.27 $0.00 $384.63 $70,355.49
34 $70,355.49 $1,945.27 $0.00 $397.80 $72,698.56
35 $72,698.56 $1,945.27 $0.00 $411.05 $75,054.88
36 $75,054.88 $1,945.27 $0.00 $424.37 $77,424.52
37 $77,424.52 $1,945.27 $0.00 $437.77 $79,807.56
38 $79,807.56 $1,945.27 $0.00 $451.24 $82,204.07
39 $82,204.07 $1,945.27 $0.00 $464.79 $84,614.13
40 $84,614.13 $1,945.27 $0.00 $478.42 $87,037.82
41 $87,037.82 $1,945.27 $0.00 $492.12 $89,475.21
42 $89,475.21 $1,945.27 $0.00 $505.91 $91,926.39
43 $91,926.39 $1,945.27 $0.00 $519.77 $94,391.43
44 $94,391.43 $1,945.27 $0.00 $533.70 $96,870.40
45 $96,870.40 $1,945.27 $0.00 $547.72 $99,363.39
46 $99,363.39 $1,945.27 $0.00 $561.82 $101,870.48
47 $101,870.48 $1,945.27 $0.00 $575.99 $104,391.74
48 $104,391.74 $1,945.27 $0.00 $590.25 $106,927.26
49 $106,927.26 $1,945.27 $0.00 $604.58 $109,477.11
50 $109,477.11 $1,945.27 $0.00 $619.00 $112,041.38
51 $112,041.38 $1,945.27 $0.00 $633.50 $114,620.15
52 $114,620.15 $1,945.27 $0.00 $648.08 $117,213.50
53 $117,213.50 $1,945.27 $0.00 $662.74 $119,821.51
54 $119,821.51 $1,945.27 $0.00 $677.49 $122,444.27
55 $122,444.27 $1,945.27 $0.00 $692.32 $125,081.86
56 $125,081.86 $1,945.27 $0.00 $707.23 $127,734.36
57 $127,734.36 $1,945.27 $0.00 $722.23 $130,401.86
58 $130,401.86 $1,945.27 $0.00 $737.31 $133,084.44
59 $133,084.44 $1,945.27 $0.00 $752.48 $135,782.19
60 $135,782.19 $1,945.27 $0.00 $767.73 $138,495.19
61 $138,495.19 $1,945.27 $0.00 $783.07 $141,223.53
62 $141,223.53 $1,945.27 $0.00 $798.50 $143,967.30
63 $143,967.30 $1,945.27 $0.00 $814.01 $146,726.58
64 $146,726.58 $1,945.27 $0.00 $829.61 $149,501.46
65 $149,501.46 $1,945.27 $0.00 $845.30 $152,292.03
66 $152,292.03 $1,945.27 $0.00 $861.08 $155,098.38
67 $155,098.38 $1,945.27 $0.00 $876.95 $157,920.60
68 $157,920.60 $1,945.27 $0.00 $892.91 $160,758.78
69 $160,758.78 $1,945.27 $0.00 $908.95 $163,613.00
70 $163,613.00 $1,945.27 $0.00 $925.09 $166,483.36
71 $166,483.36 $1,945.27 $0.00 $941.32 $169,369.95
72 $169,369.95 $1,945.27 $0.00 $957.64 $172,272.86
73 $172,272.86 $1,945.27 $0.00 $974.06 $175,192.19
74 $175,192.19 $1,945.27 $0.00 $990.56 $178,128.02
75 $178,128.02 $1,945.27 $0.00 $1,007.16 $181,080.45
76 $181,080.45 $1,945.27 $0.00 $1,023.86 $184,049.58
77 $184,049.58 $1,945.27 $0.00 $1,040.64 $187,035.49
78 $187,035.49 $1,945.27 $0.00 $1,057.53 $190,038.29
79 $190,038.29 $1,945.27 $0.00 $1,074.50 $193,058.06
80 $193,058.06 $1,945.27 $0.00 $1,091.58 $196,094.91
81 $196,094.91 $1,945.27 $0.00 $1,108.75 $199,148.93
82 $199,148.93 $1,945.27 $0.00 $1,126.02 $202,220.22
83 $202,220.22 $1,945.27 $0.00 $1,143.38 $205,308.87
84 $205,308.87 $1,945.27 $0.00 $1,160.85 $208,414.99
85 $208,414.99 $1,945.27 $0.00 $1,178.41 $211,538.67
86 $211,538.67 $1,945.27 $0.00 $1,196.07 $214,680.01
87 $214,680.01 $1,945.27 $0.00 $1,213.83 $217,839.11
88 $217,839.11 $1,945.27 $0.00 $1,231.69 $221,016.07
89 $221,016.07 $1,945.27 $0.00 $1,249.66 $224,211.00
90 $224,211.00 $1,945.27 $0.00 $1,267.72 $227,423.99
91 $227,423.99 $1,945.27 $0.00 $1,285.89 $230,655.15
92 $230,655.15 $1,945.27 $0.00 $1,304.16 $233,904.58
93 $233,904.58 $1,945.27 $0.00 $1,322.53 $237,172.38
94 $237,172.38 $1,945.27 $0.00 $1,341.01 $240,458.66
95 $240,458.66 $1,945.27 $0.00 $1,359.59 $243,763.52
96 $243,763.52 $1,945.27 $0.00 $1,378.27 $247,087.06
97 $247,087.06 $1,945.27 $0.00 $1,397.07 $250,429.40
98 $250,429.40 $1,945.27 $0.00 $1,415.96 $253,790.63
99 $253,790.63 $1,945.27 $0.00 $1,434.97 $257,170.87
100 $257,170.87 $1,945.27 $0.00 $1,454.08 $260,570.22
101 $260,570.22 $1,945.27 $0.00 $1,473.30 $263,988.79
102 $263,988.79 $1,945.27 $0.00 $1,492.63 $267,426.69
103 $267,426.69 $1,945.27 $0.00 $1,512.07 $270,884.03
104 $270,884.03 $1,945.27 $0.00 $1,531.62 $274,360.92
105 $274,360.92 $1,945.27 $0.00 $1,551.28 $277,857.47
106 $277,857.47 $1,945.27 $0.00 $1,571.05 $281,373.79
107 $281,373.79 $1,945.27 $0.00 $1,590.93 $284,909.99
108 $284,909.99 $1,945.27 $0.00 $1,610.92 $288,466.18
109 $288,466.18 $1,945.27 $0.00 $1,631.03 $292,042.48
110 $292,042.48 $1,945.27 $0.00 $1,651.25 $295,639.00
111 $295,639.00 $1,945.27 $0.00 $1,671.59 $299,255.86
112 $299,255.86 $1,945.27 $0.00 $1,692.04 $302,893.17
113 $302,893.17 $1,945.27 $0.00 $1,712.60 $306,551.04
114 $306,551.04 $1,945.27 $0.00 $1,733.28 $310,229.59
115 $310,229.59 $1,945.27 $0.00 $1,754.08 $313,928.94
116 $313,928.94 $1,945.27 $0.00 $1,775.00 $317,649.21
117 $317,649.21 $1,945.27 $0.00 $1,796.03 $321,390.51
118 $321,390.51 $1,945.27 $0.00 $1,817.19 $325,152.97
119 $325,152.97 $1,945.27 $0.00 $1,838.46 $328,936.70
120 $328,936.70 $1,945.27 $0.00 $1,859.86 $332,741.83
121 $332,741.83 $1,945.27 $0.00 $1,881.37 $336,568.47
122 $336,568.47 $1,945.27 $0.00 $1,903.01 $340,416.75
123 $340,416.75 $1,945.27 $0.00 $1,924.77 $344,286.79
124 $344,286.79 $1,945.27 $0.00 $1,946.65 $348,178.71
125 $348,178.71 $1,945.27 $0.00 $1,968.65 $352,092.63
126 $352,092.63 $1,945.27 $0.00 $1,990.78 $356,028.68
127 $356,028.68 $1,945.27 $0.00 $2,013.04 $359,986.99
128 $359,986.99 $1,945.27 $0.00 $2,035.42 $363,967.68
129 $363,967.68 $1,945.27 $0.00 $2,057.93 $367,970.88
130 $367,970.88 $1,945.27 $0.00 $2,080.56 $371,996.71
131 $371,996.71 $1,945.27 $0.00 $2,103.32 $376,045.30
132 $376,045.30 $1,945.27 $0.00 $2,126.21 $380,116.78
133 $380,116.78 $1,945.27 $0.00 $2,149.24 $384,211.29
134 $384,211.29 $1,945.27 $0.00 $2,172.39 $388,328.95
135 $388,328.95 $1,945.27 $0.00 $2,195.67 $392,469.89
136 $392,469.89 $1,945.27 $0.00 $2,219.08 $396,634.24
137 $396,634.24 $1,945.27 $0.00 $2,242.63 $400,822.14
138 $400,822.14 $1,945.27 $0.00 $2,266.31 $405,033.72
139 $405,033.72 $1,945.27 $0.00 $2,290.12 $409,269.11
140 $409,269.11 $1,945.27 $0.00 $2,314.07 $413,528.45
141 $413,528.45 $1,945.27 $0.00 $2,338.15 $417,811.87
142 $417,811.87 $1,945.27 $0.00 $2,362.37 $422,119.51
143 $422,119.51 $1,945.27 $0.00 $2,386.73 $426,451.51
144 $426,451.51 $1,945.27 $0.00 $2,411.22 $430,808.00
145 $430,808.00 $1,945.27 $0.00 $2,435.85 $435,189.12
146 $435,189.12 $1,945.27 $0.00 $2,460.62 $439,595.01
147 $439,595.01 $1,945.27 $0.00 $2,485.53 $444,025.81
148 $444,025.81 $1,945.27 $0.00 $2,510.59 $448,481.67
149 $448,481.67 $1,945.27 $0.00 $2,535.78 $452,962.72
150 $452,962.72 $1,945.27 $0.00 $2,561.12 $457,469.11
151 $457,469.11 $1,945.27 $0.00 $2,586.60 $462,000.98
152 $462,000.98 $1,945.27 $0.00 $2,612.22 $466,558.47
153 $466,558.47 $1,945.27 $0.00 $2,637.99 $471,141.73
154 $471,141.73 $1,945.27 $0.00 $2,663.90 $475,750.90
155 $475,750.90 $1,945.27 $0.00 $2,689.96 $480,386.13
156 $480,386.13 $1,945.27 $0.00 $2,716.17 $485,047.57
157 $485,047.57 $1,945.27 $0.00 $2,742.53 $489,735.37
158 $489,735.37 $1,945.27 $0.00 $2,769.03 $494,449.67
159 $494,449.67 $1,945.27 $0.00 $2,795.69 $499,190.63
160 $499,190.63 $1,945.27 $0.00 $2,822.50 $503,958.40
161 $503,958.40 $1,945.27 $0.00 $2,849.45 $508,753.12
162 $508,753.12 $1,945.27 $0.00 $2,876.56 $513,574.95
163 $513,574.95 $1,945.27 $0.00 $2,903.83 $518,424.05
164 $518,424.05 $1,945.27 $0.00 $2,931.24 $523,300.56
165 $523,300.56 $1,945.27 $0.00 $2,958.82 $528,204.65
166 $528,204.65 $1,945.27 $0.00 $2,986.55 $533,136.47
167 $533,136.47 $1,945.27 $0.00 $3,014.43 $538,096.17
168 $538,096.17 $1,945.27 $0.00 $3,042.47 $543,083.91
169 $543,083.91 $1,945.27 $0.00 $3,070.68 $548,099.86
170 $548,099.86 $1,945.27 $0.00 $3,099.04 $553,144.17
171 $553,144.17 $1,945.27 $0.00 $3,127.56 $558,217.00
172 $558,217.00 $1,945.27 $0.00 $3,156.24 $563,318.51
173 $563,318.51 $1,945.27 $0.00 $3,185.08 $568,448.86
174 $568,448.86 $1,945.27 $0.00 $3,214.09 $573,608.22
175 $573,608.22 $1,945.27 $0.00 $3,243.26 $578,796.75
176 $578,796.75 $1,945.27 $0.00 $3,272.60 $584,014.62
177 $584,014.62 $1,945.27 $0.00 $3,302.10 $589,261.99
178 $589,261.99 $1,945.27 $0.00 $3,331.77 $594,539.03
179 $594,539.03 $1,945.27 $0.00 $3,361.61 $599,845.91
180 $599,845.91 $1,945.27 $0.00 $3,391.62 $605,182.80
181 $605,182.80 $1,945.27 $0.00 $3,421.79 $610,549.86
182 $610,549.86 $1,945.27 $0.00 $3,452.14 $615,947.27
183 $615,947.27 $1,945.27 $0.00 $3,482.66 $621,375.20
184 $621,375.20 $1,945.27 $0.00 $3,513.35 $626,833.82
185 $626,833.82 $1,945.27 $0.00 $3,544.21 $632,323.30
186 $632,323.30 $1,945.27 $0.00 $3,575.25 $637,843.82
187 $637,843.82 $1,945.27 $0.00 $3,606.46 $643,395.55
188 $643,395.55 $1,945.27 $0.00 $3,637.85 $648,978.67
189 $648,978.67 $1,945.27 $0.00 $3,669.42 $654,593.36
190 $654,593.36 $1,945.27 $0.00 $3,701.17 $660,239.80
191 $660,239.80 $1,945.27 $0.00 $3,733.09 $665,918.16
192 $665,918.16 $1,945.27 $0.00 $3,765.20 $671,628.63
193 $671,628.63 $1,945.27 $0.00 $3,797.49 $677,371.39
194 $677,371.39 $1,945.27 $0.00 $3,829.96 $683,146.62
195 $683,146.62 $1,945.27 $0.00 $3,862.61 $688,954.50
196 $688,954.50 $1,945.27 $0.00 $3,895.45 $694,795.22
197 $694,795.22 $1,945.27 $0.00 $3,928.47 $700,668.96
198 $700,668.96 $1,945.27 $0.00 $3,961.68 $706,575.91
199 $706,575.91 $1,945.27 $0.00 $3,995.08 $712,516.26
200 $712,516.26 $1,945.27 $0.00 $4,028.67 $718,490.20
201 $718,490.20 $1,945.27 $0.00 $4,062.45 $724,497.92
202 $724,497.92 $1,945.27 $0.00 $4,096.42 $730,539.61
203 $730,539.61 $1,945.27 $0.00 $4,130.58 $736,615.46
204 $736,615.46 $1,945.27 $0.00 $4,164.93 $742,725.66
205 $742,725.66 $1,945.27 $0.00 $4,199.48 $748,870.41
206 $748,870.41 $1,945.27 $0.00 $4,234.22 $755,049.90
207 $755,049.90 $1,945.27 $0.00 $4,269.16 $761,264.33
208 $761,264.33 $1,945.27 $0.00 $4,304.30 $767,513.90
209 $767,513.90 $1,945.27 $0.00 $4,339.64 $773,798.81
210 $773,798.81 $1,945.27 $0.00 $4,375.17 $780,119.25
211 $780,119.25 $1,945.27 $0.00 $4,410.91 $786,475.43
212 $786,475.43 $1,945.27 $0.00 $4,446.85 $792,867.55
213 $792,867.55 $1,945.27 $0.00 $4,482.99 $799,295.81
214 $799,295.81 $1,945.27 $0.00 $4,519.33 $805,760.41
215 $805,760.41 $1,945.27 $0.00 $4,555.89 $812,261.57
216 $812,261.57 $1,945.27 $0.00 $4,592.65 $818,799.49
217 $818,799.49 $1,945.27 $221,747.22 $4,629.61 $603,627.15
218 $603,627.15 $1,945.27 $0.00 $3,413.00 $608,985.42
219 $608,985.42 $1,945.27 $0.00 $3,443.29 $614,373.98
220 $614,373.98 $1,945.27 $0.00 $3,473.76 $619,793.01
221 $619,793.01 $1,945.27 $0.00 $3,504.40 $625,242.68
222 $625,242.68 $1,945.27 $0.00 $3,535.21 $630,723.16
223 $630,723.16 $1,945.27 $0.00 $3,566.20 $636,234.63
224 $636,234.63 $1,945.27 $0.00 $3,597.36 $641,777.26
225 $641,777.26 $1,945.27 $0.00 $3,628.70 $647,351.23
226 $647,351.23 $1,945.27 $0.00 $3,660.22 $652,956.72
227 $652,956.72 $1,945.27 $0.00 $3,691.91 $658,593.90
228 $658,593.90 $1,945.27 $0.00 $3,723.79 $664,262.96
229 $664,262.96 $1,945.27 $237,269.52 $3,755.84 $432,694.55
230 $432,694.55 $1,945.27 $0.00 $2,446.52 $437,086.34
231 $437,086.34 $1,945.27 $0.00 $2,471.35 $441,502.96
232 $441,502.96 $1,945.27 $0.00 $2,496.32 $445,944.55
233 $445,944.55 $1,945.27 $0.00 $2,521.44 $450,411.26
234 $450,411.26 $1,945.27 $0.00 $2,546.69 $454,903.22
235 $454,903.22 $1,945.27 $0.00 $2,572.09 $459,420.58
236 $459,420.58 $1,945.27 $0.00 $2,597.63 $463,963.48
237 $463,963.48 $1,945.27 $0.00 $2,623.32 $468,532.07
238 $468,532.07 $1,945.27 $0.00 $2,649.15 $473,126.49
239 $473,126.49 $1,945.27 $0.00 $2,675.13 $477,746.89
240 $477,746.89 $1,945.27 $0.00 $2,701.25 $482,393.41
241 $482,393.41 $1,945.27 $253,878.39 $2,727.52 $233,187.81
242 $233,187.81 $1,945.27 $0.00 $1,318.48 $236,451.56
243 $236,451.56 $1,945.27 $0.00 $1,336.93 $239,733.76
244 $239,733.76 $1,945.27 $0.00 $1,355.49 $243,034.52
245 $243,034.52 $1,945.27 $0.00 $1,374.15 $246,353.94
246 $246,353.94 $1,945.27 $0.00 $1,392.92 $249,692.13
247 $249,692.13 $1,945.27 $0.00 $1,411.80 $253,049.20
248 $253,049.20 $1,945.27 $0.00 $1,430.78 $256,425.25
249 $256,425.25 $1,945.27 $0.00 $1,449.87 $259,820.39
250 $259,820.39 $1,945.27 $0.00 $1,469.06 $263,234.72
251 $263,234.72 $1,945.27 $0.00 $1,488.37 $266,668.36
252 $266,668.36 $1,945.27 $0.00 $1,507.78 $270,121.41
253 $270,121.41 $0.00 $271,649.88 $1,527.31 -$1.16