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What will it take to save for a college education?
Calculate your payment and more

Higher education carries a high price tag. If you want to send your child to college, now's the time to start saving. Enter your numbers into our calculator to see how much you should be socking away. Remember, money put into the stock market usually earns more, but carries a higher risk. Certificates of deposit are less rewarding -- and less risky.

How do I get more personalized results?
Looking for more personalized rates? First compare rates in your area, then return to our loan payment and amortization calculator.

Check college financing lenders by ZIP Code:

  What will it take to save for a college education?
College savings to date: $
What is the expected rate of return that you expect to earn on your savings?    %
* Find the best interest rates in your area for more personalized results.
College tuition and expenses per year:
(at today's prices)
$
Years of college:  
Years until college:  
Monthly amount needed to save for college: $

Calculations assume an annual 2.5 percent inflation rate.

 

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CDs and Investments
Compare today's rates
NATIONAL OVERNIGHT AVERAGES
1 yr CD 3.45%
2 yr CD 3.64%
5 yr CD 3.99%

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