Savings Plan and Future Cost Estimation for Northwest College of Art

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$118,317
Monthly savings required$935

How much will it cost to send your child to Northwest College of Art in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $473,266.51 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $935.09 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$31,537.00
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 $935.09 $0.00 $0.00 $935.09
2 $935.09 $935.09 $0.00 $5.29 $1,875.47
3 $1,875.47 $935.09 $0.00 $10.60 $2,821.16
4 $2,821.16 $935.09 $0.00 $15.95 $3,772.20
5 $3,772.20 $935.09 $0.00 $21.33 $4,728.62
6 $4,728.62 $935.09 $0.00 $26.74 $5,690.45
7 $5,690.45 $935.09 $0.00 $32.17 $6,657.71
8 $6,657.71 $935.09 $0.00 $37.64 $7,630.44
9 $7,630.44 $935.09 $0.00 $43.14 $8,608.67
10 $8,608.67 $935.09 $0.00 $48.67 $9,592.43
11 $9,592.43 $935.09 $0.00 $54.24 $10,581.76
12 $10,581.76 $935.09 $0.00 $59.83 $11,576.68
13 $11,576.68 $935.09 $0.00 $65.46 $12,577.23
14 $12,577.23 $935.09 $0.00 $71.11 $13,583.43
15 $13,583.43 $935.09 $0.00 $76.80 $14,595.32
16 $14,595.32 $935.09 $0.00 $82.52 $15,612.93
17 $15,612.93 $935.09 $0.00 $88.28 $16,636.30
18 $16,636.30 $935.09 $0.00 $94.06 $17,665.45
19 $17,665.45 $935.09 $0.00 $99.88 $18,700.42
20 $18,700.42 $935.09 $0.00 $105.73 $19,741.24
21 $19,741.24 $935.09 $0.00 $111.62 $20,787.95
22 $20,787.95 $935.09 $0.00 $117.54 $21,840.58
23 $21,840.58 $935.09 $0.00 $123.49 $22,899.16
24 $22,899.16 $935.09 $0.00 $129.48 $23,963.73
25 $23,963.73 $935.09 $0.00 $135.49 $25,034.31
26 $25,034.31 $935.09 $0.00 $141.55 $26,110.95
27 $26,110.95 $935.09 $0.00 $147.64 $27,193.68
28 $27,193.68 $935.09 $0.00 $153.76 $28,282.53
29 $28,282.53 $935.09 $0.00 $159.91 $29,377.53
30 $29,377.53 $935.09 $0.00 $166.10 $30,478.72
31 $30,478.72 $935.09 $0.00 $172.33 $31,586.14
32 $31,586.14 $935.09 $0.00 $178.59 $32,699.82
33 $32,699.82 $935.09 $0.00 $184.89 $33,819.80
34 $33,819.80 $935.09 $0.00 $191.22 $34,946.11
35 $34,946.11 $935.09 $0.00 $197.59 $36,078.79
36 $36,078.79 $935.09 $0.00 $203.99 $37,217.87
37 $37,217.87 $935.09 $0.00 $210.44 $38,363.40
38 $38,363.40 $935.09 $0.00 $216.91 $39,515.40
39 $39,515.40 $935.09 $0.00 $223.43 $40,673.92
40 $40,673.92 $935.09 $0.00 $229.98 $41,838.99
41 $41,838.99 $935.09 $0.00 $236.56 $43,010.64
42 $43,010.64 $935.09 $0.00 $243.19 $44,188.92
43 $44,188.92 $935.09 $0.00 $249.85 $45,373.86
44 $45,373.86 $935.09 $0.00 $256.55 $46,565.50
45 $46,565.50 $935.09 $0.00 $263.29 $47,763.88
46 $47,763.88 $935.09 $0.00 $270.06 $48,969.03
47 $48,969.03 $935.09 $0.00 $276.88 $50,181.00
48 $50,181.00 $935.09 $0.00 $283.73 $51,399.82
49 $51,399.82 $935.09 $0.00 $290.62 $52,625.53
50 $52,625.53 $935.09 $0.00 $297.55 $53,858.17
51 $53,858.17 $935.09 $0.00 $304.52 $55,097.78
52 $55,097.78 $935.09 $0.00 $311.53 $56,344.40
53 $56,344.40 $935.09 $0.00 $318.58 $57,598.07
54 $57,598.07 $935.09 $0.00 $325.67 $58,858.83
55 $58,858.83 $935.09 $0.00 $332.80 $60,126.72
56 $60,126.72 $935.09 $0.00 $339.97 $61,401.78
57 $61,401.78 $935.09 $0.00 $347.17 $62,684.04
58 $62,684.04 $935.09 $0.00 $354.42 $63,973.55
59 $63,973.55 $935.09 $0.00 $361.72 $65,270.36
60 $65,270.36 $935.09 $0.00 $369.05 $66,574.50
61 $66,574.50 $935.09 $0.00 $376.42 $67,886.01
62 $67,886.01 $935.09 $0.00 $383.84 $69,204.94
63 $69,204.94 $935.09 $0.00 $391.29 $70,531.32
64 $70,531.32 $935.09 $0.00 $398.79 $71,865.20
65 $71,865.20 $935.09 $0.00 $406.34 $73,206.63
66 $73,206.63 $935.09 $0.00 $413.92 $74,555.64
67 $74,555.64 $935.09 $0.00 $421.55 $75,912.28
68 $75,912.28 $935.09 $0.00 $429.22 $77,276.59
69 $77,276.59 $935.09 $0.00 $436.93 $78,648.61
70 $78,648.61 $935.09 $0.00 $444.69 $80,028.39
71 $80,028.39 $935.09 $0.00 $452.49 $81,415.97
72 $81,415.97 $935.09 $0.00 $460.34 $82,811.40
73 $82,811.40 $935.09 $0.00 $468.23 $84,214.72
74 $84,214.72 $935.09 $0.00 $476.16 $85,625.97
75 $85,625.97 $935.09 $0.00 $484.14 $87,045.20
76 $87,045.20 $935.09 $0.00 $492.17 $88,472.46
77 $88,472.46 $935.09 $0.00 $500.24 $89,907.79
78 $89,907.79 $935.09 $0.00 $508.35 $91,351.23
79 $91,351.23 $935.09 $0.00 $516.51 $92,802.83
80 $92,802.83 $935.09 $0.00 $524.72 $94,262.64
81 $94,262.64 $935.09 $0.00 $532.97 $95,730.70
82 $95,730.70 $935.09 $0.00 $541.28 $97,207.07
83 $97,207.07 $935.09 $0.00 $549.62 $98,691.78
84 $98,691.78 $935.09 $0.00 $558.02 $100,184.89
85 $100,184.89 $935.09 $0.00 $566.46 $101,686.44
86 $101,686.44 $935.09 $0.00 $574.95 $103,196.48
87 $103,196.48 $935.09 $0.00 $583.49 $104,715.06
88 $104,715.06 $935.09 $0.00 $592.07 $106,242.22
89 $106,242.22 $935.09 $0.00 $600.71 $107,778.02
90 $107,778.02 $935.09 $0.00 $609.39 $109,322.50
91 $109,322.50 $935.09 $0.00 $618.13 $110,875.72
92 $110,875.72 $935.09 $0.00 $626.91 $112,437.72
93 $112,437.72 $935.09 $0.00 $635.74 $114,008.55
94 $114,008.55 $935.09 $0.00 $644.62 $115,588.26
95 $115,588.26 $935.09 $0.00 $653.55 $117,176.90
96 $117,176.90 $935.09 $0.00 $662.54 $118,774.53
97 $118,774.53 $935.09 $0.00 $671.57 $120,381.19
98 $120,381.19 $935.09 $0.00 $680.65 $121,996.93
99 $121,996.93 $935.09 $0.00 $689.79 $123,621.81
100 $123,621.81 $935.09 $0.00 $698.98 $125,255.88
101 $125,255.88 $935.09 $0.00 $708.21 $126,899.18
102 $126,899.18 $935.09 $0.00 $717.51 $128,551.78
103 $128,551.78 $935.09 $0.00 $726.85 $130,213.72
104 $130,213.72 $935.09 $0.00 $736.25 $131,885.06
105 $131,885.06 $935.09 $0.00 $745.70 $133,565.85
106 $133,565.85 $935.09 $0.00 $755.20 $135,256.14
107 $135,256.14 $935.09 $0.00 $764.76 $136,955.99
108 $136,955.99 $935.09 $0.00 $774.37 $138,665.45
109 $138,665.45 $935.09 $0.00 $784.03 $140,384.57
110 $140,384.57 $935.09 $0.00 $793.75 $142,113.41
111 $142,113.41 $935.09 $0.00 $803.53 $143,852.03
112 $143,852.03 $935.09 $0.00 $813.36 $145,600.48
113 $145,600.48 $935.09 $0.00 $823.25 $147,358.82
114 $147,358.82 $935.09 $0.00 $833.19 $149,127.10
115 $149,127.10 $935.09 $0.00 $843.19 $150,905.38
116 $150,905.38 $935.09 $0.00 $853.24 $152,693.71
117 $152,693.71 $935.09 $0.00 $863.35 $154,492.15
118 $154,492.15 $935.09 $0.00 $873.52 $156,300.76
119 $156,300.76 $935.09 $0.00 $883.75 $158,119.60
120 $158,119.60 $935.09 $0.00 $894.03 $159,948.72
121 $159,948.72 $935.09 $0.00 $904.37 $161,788.18
122 $161,788.18 $935.09 $0.00 $914.77 $163,638.04
123 $163,638.04 $935.09 $0.00 $925.23 $165,498.36
124 $165,498.36 $935.09 $0.00 $935.75 $167,369.20
125 $167,369.20 $935.09 $0.00 $946.33 $169,250.62
126 $169,250.62 $935.09 $0.00 $956.97 $171,142.68
127 $171,142.68 $935.09 $0.00 $967.67 $173,045.44
128 $173,045.44 $935.09 $0.00 $978.42 $174,958.95
129 $174,958.95 $935.09 $0.00 $989.24 $176,883.28
130 $176,883.28 $935.09 $0.00 $1,000.12 $178,818.49
131 $178,818.49 $935.09 $0.00 $1,011.07 $180,764.65
132 $180,764.65 $935.09 $0.00 $1,022.07 $182,721.81
133 $182,721.81 $935.09 $0.00 $1,033.14 $184,690.04
134 $184,690.04 $935.09 $0.00 $1,044.26 $186,669.39
135 $186,669.39 $935.09 $0.00 $1,055.46 $188,659.94
136 $188,659.94 $935.09 $0.00 $1,066.71 $190,661.74
137 $190,661.74 $935.09 $0.00 $1,078.03 $192,674.86
138 $192,674.86 $935.09 $0.00 $1,089.41 $194,699.36
139 $194,699.36 $935.09 $0.00 $1,100.86 $196,735.31
140 $196,735.31 $935.09 $0.00 $1,112.37 $198,782.77
141 $198,782.77 $935.09 $0.00 $1,123.95 $200,841.81
142 $200,841.81 $935.09 $0.00 $1,135.59 $202,912.49
143 $202,912.49 $935.09 $0.00 $1,147.30 $204,994.88
144 $204,994.88 $935.09 $0.00 $1,159.07 $207,089.04
145 $207,089.04 $935.09 $0.00 $1,170.91 $209,195.04
146 $209,195.04 $935.09 $0.00 $1,182.82 $211,312.95
147 $211,312.95 $935.09 $0.00 $1,194.79 $213,442.83
148 $213,442.83 $935.09 $0.00 $1,206.84 $215,584.76
149 $215,584.76 $935.09 $0.00 $1,218.95 $217,738.80
150 $217,738.80 $935.09 $0.00 $1,231.13 $219,905.02
151 $219,905.02 $935.09 $0.00 $1,243.37 $222,083.48
152 $222,083.48 $935.09 $0.00 $1,255.69 $224,274.26
153 $224,274.26 $935.09 $0.00 $1,268.08 $226,477.43
154 $226,477.43 $935.09 $0.00 $1,280.54 $228,693.06
155 $228,693.06 $935.09 $0.00 $1,293.06 $230,921.21
156 $230,921.21 $935.09 $0.00 $1,305.66 $233,161.96
157 $233,161.96 $935.09 $0.00 $1,318.33 $235,415.38
158 $235,415.38 $935.09 $0.00 $1,331.07 $237,681.54
159 $237,681.54 $935.09 $0.00 $1,343.89 $239,960.52
160 $239,960.52 $935.09 $0.00 $1,356.77 $242,252.38
161 $242,252.38 $935.09 $0.00 $1,369.73 $244,557.20
162 $244,557.20 $935.09 $0.00 $1,382.76 $246,875.05
163 $246,875.05 $935.09 $0.00 $1,395.87 $249,206.01
164 $249,206.01 $935.09 $0.00 $1,409.05 $251,550.15
165 $251,550.15 $935.09 $0.00 $1,422.30 $253,907.54
166 $253,907.54 $935.09 $0.00 $1,435.63 $256,278.26
167 $256,278.26 $935.09 $0.00 $1,449.03 $258,662.38
168 $258,662.38 $935.09 $0.00 $1,462.51 $261,059.98
169 $261,059.98 $935.09 $0.00 $1,476.07 $263,471.14
170 $263,471.14 $935.09 $0.00 $1,489.70 $265,895.93
171 $265,895.93 $935.09 $0.00 $1,503.41 $268,334.43
172 $268,334.43 $935.09 $0.00 $1,517.20 $270,786.72
173 $270,786.72 $935.09 $0.00 $1,531.07 $273,252.88
174 $273,252.88 $935.09 $0.00 $1,545.01 $275,732.98
175 $275,732.98 $935.09 $0.00 $1,559.03 $278,227.10
176 $278,227.10 $935.09 $0.00 $1,573.14 $280,735.33
177 $280,735.33 $935.09 $0.00 $1,587.32 $283,257.74
178 $283,257.74 $935.09 $0.00 $1,601.58 $285,794.41
179 $285,794.41 $935.09 $0.00 $1,615.92 $288,345.42
180 $288,345.42 $935.09 $0.00 $1,630.35 $290,910.86
181 $290,910.86 $935.09 $0.00 $1,644.85 $293,490.80
182 $293,490.80 $935.09 $0.00 $1,659.44 $296,085.33
183 $296,085.33 $935.09 $0.00 $1,674.11 $298,694.53
184 $298,694.53 $935.09 $0.00 $1,688.86 $301,318.48
185 $301,318.48 $935.09 $0.00 $1,703.70 $303,957.27
186 $303,957.27 $935.09 $0.00 $1,718.62 $306,610.98
187 $306,610.98 $935.09 $0.00 $1,733.62 $309,279.69
188 $309,279.69 $935.09 $0.00 $1,748.71 $311,963.49
189 $311,963.49 $935.09 $0.00 $1,763.89 $314,662.47
190 $314,662.47 $935.09 $0.00 $1,779.15 $317,376.71
191 $317,376.71 $935.09 $0.00 $1,794.49 $320,106.29
192 $320,106.29 $935.09 $0.00 $1,809.93 $322,851.31
193 $322,851.31 $935.09 $0.00 $1,825.45 $325,611.85
194 $325,611.85 $935.09 $0.00 $1,841.06 $328,388.00
195 $328,388.00 $935.09 $0.00 $1,856.75 $331,179.84
196 $331,179.84 $935.09 $0.00 $1,872.54 $333,987.47
197 $333,987.47 $935.09 $0.00 $1,888.41 $336,810.97
198 $336,810.97 $935.09 $0.00 $1,904.38 $339,650.44
199 $339,650.44 $935.09 $0.00 $1,920.43 $342,505.96
200 $342,505.96 $935.09 $0.00 $1,936.58 $345,377.63
201 $345,377.63 $935.09 $0.00 $1,952.82 $348,265.54
202 $348,265.54 $935.09 $0.00 $1,969.14 $351,169.77
203 $351,169.77 $935.09 $0.00 $1,985.56 $354,090.42
204 $354,090.42 $935.09 $0.00 $2,002.08 $357,027.59
205 $357,027.59 $935.09 $0.00 $2,018.69 $359,981.37
206 $359,981.37 $935.09 $0.00 $2,035.39 $362,951.85
207 $362,951.85 $935.09 $0.00 $2,052.18 $365,939.12
208 $365,939.12 $935.09 $0.00 $2,069.07 $368,943.28
209 $368,943.28 $935.09 $0.00 $2,086.06 $371,964.43
210 $371,964.43 $935.09 $0.00 $2,103.14 $375,002.66
211 $375,002.66 $935.09 $0.00 $2,120.32 $378,058.07
212 $378,058.07 $935.09 $0.00 $2,137.60 $381,130.76
213 $381,130.76 $935.09 $0.00 $2,154.97 $384,220.82
214 $384,220.82 $935.09 $0.00 $2,172.44 $387,328.35
215 $387,328.35 $935.09 $0.00 $2,190.01 $390,453.45
216 $390,453.45 $935.09 $0.00 $2,207.68 $393,596.22
217 $393,596.22 $935.09 $106,592.92 $2,225.45 $290,163.84
218 $290,163.84 $935.09 $0.00 $1,640.63 $292,739.56
219 $292,739.56 $935.09 $0.00 $1,655.19 $295,329.84
220 $295,329.84 $935.09 $0.00 $1,669.84 $297,934.77
221 $297,934.77 $935.09 $0.00 $1,684.57 $300,554.43
222 $300,554.43 $935.09 $0.00 $1,699.38 $303,188.90
223 $303,188.90 $935.09 $0.00 $1,714.27 $305,838.26
224 $305,838.26 $935.09 $0.00 $1,729.25 $308,502.60
225 $308,502.60 $935.09 $0.00 $1,744.32 $311,182.01
226 $311,182.01 $935.09 $0.00 $1,759.47 $313,876.57
227 $313,876.57 $935.09 $0.00 $1,774.70 $316,586.36
228 $316,586.36 $935.09 $0.00 $1,790.03 $319,311.48
229 $319,311.48 $935.09 $114,054.43 $1,805.43 $207,997.57
230 $207,997.57 $935.09 $0.00 $1,176.05 $210,108.71
231 $210,108.71 $935.09 $0.00 $1,187.99 $212,231.79
232 $212,231.79 $935.09 $0.00 $1,199.99 $214,366.87
233 $214,366.87 $935.09 $0.00 $1,212.06 $216,514.02
234 $216,514.02 $935.09 $0.00 $1,224.20 $218,673.31
235 $218,673.31 $935.09 $0.00 $1,236.41 $220,844.81
236 $220,844.81 $935.09 $0.00 $1,248.69 $223,028.59
237 $223,028.59 $935.09 $0.00 $1,261.04 $225,224.72
238 $225,224.72 $935.09 $0.00 $1,273.45 $227,433.26
239 $227,433.26 $935.09 $0.00 $1,285.94 $229,654.29
240 $229,654.29 $935.09 $0.00 $1,298.50 $231,887.88
241 $231,887.88 $935.09 $122,038.24 $1,311.13 $112,095.86
242 $112,095.86 $935.09 $0.00 $633.81 $113,664.76
243 $113,664.76 $935.09 $0.00 $642.68 $115,242.53
244 $115,242.53 $935.09 $0.00 $651.60 $116,829.22
245 $116,829.22 $935.09 $0.00 $660.57 $118,424.88
246 $118,424.88 $935.09 $0.00 $669.59 $120,029.56
247 $120,029.56 $935.09 $0.00 $678.66 $121,643.31
248 $121,643.31 $935.09 $0.00 $687.79 $123,266.19
249 $123,266.19 $935.09 $0.00 $696.96 $124,898.24
250 $124,898.24 $935.09 $0.00 $706.19 $126,539.52
251 $126,539.52 $935.09 $0.00 $715.47 $128,190.08
252 $128,190.08 $935.09 $0.00 $724.81 $129,849.98
253 $129,849.98 $0.00 $130,580.92 $734.19 $3.25