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Financial Literacy - College funding
TOOLS AND RESOURCES
College fund toolkit
A glossary of terms, calculators, work sheets and links to other useful sites to help you through the financing jungle.
Smart ways to pay for college

What will it take to save for a college education?

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.

  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?    %
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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