Help for College Cost Estimator:

Current Annual Cost:  Enter the amount that you expect one year of college to cost in today's dollars.

Annual Inflation Rate:  What is the anticipated inflation rate for college costs?

First Year of College:  What year will the student begin attending college?

Last Year of College:  In what year does the last student graduate? (Whew!)

Total Number of Years of College for all attendees (see note below):  If you have three students, and each attends 4 years, the answer is 12.

After-Tax Return on Investments:  What rate do you earn on your savings after income taxes?

Future Value of Savings at Year:  How much will be available when college attendance starts.

Single Payment Needed to Fund Deficit This Year:  How much you need to put up this year to pay for college.

Annual Contribution Needed to Fund Deficit Beginning This Year:  How much you need to put up each year between now and the first year of college attendance.

Monthly Contribution Needed to Fund Deficit:  How much you need to put up each month between now and the first year of college attendance.