American Funds®

College Savings Calculator

Your inputs have been saved.

Your inputs for Johnson Family have successfully loaded.

  • The calculator updates the current annual college cost to the most recent data available, so this figure may have changed.
  • If you entered a customized dollar amount for the current annual cost, it should be reflected below.

Please review all your inputs to ensure they are up to date.

Plan for the Costs of Higher Education
  • Compare the costs of different colleges or use national averages for public or private colleges
  • Consider scenarios where a portion of college costs will be funded by other sources (e.g., grandparents, scholarships, loans)
  • Generate a personalized report that includes a summary of projected savings and costs, as well as tips and strategies for college savings

Figures shown are hypothetical and for illustrative purposes only.

Child 1

College Start Year


Change start year

College Costs

2015 National Public Averages

Select a specific college


Current annual cost

As of November 26, 2015

Enter a valid percentage.

Savings Plan




$ %
starting on
Add A Child
College Costs
Projected College Costs
Costs You Plan to Fund
$285,569 (100%)
Costs Not Funded by You
$0 (0%)
Ongoing monthly contributions may need to increase to $538 to meet the goal.
Add A Child
Costs You Plan to Fund
Projected Savings Deficit/Surplus
  1. Current annual college cost figures are obtained from Peterson’s. The college costs may include tuition, room and board, and books and expenses as reported by Peterson’s. Copyright © 2015 Peterson’s, a Nelnet Company, and its licences. All rights reserved.
Customize Annual Cost

Enter a dollar amount to customize the current annual cost.

Delete Saved Inputs
Delete Saved Inputs

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Save Your Inputs
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Save As

  • All inputs except the current annual college cost will be saved.
  • The current annual cost will update to the latest data available when retrieved.
  • If you entered a customized annual cost, it will be saved.
You Have Too Many Saved Inputs

To save new inputs, please delete input sets you no longer need, then resave your new inputs. You can have a maximum of 50 saved input sets.

Select a Different College or Category

Search by: College Name | Location

Customize Report

Report title:

College Savings Report

Change Start Year

If desired user can enter custom start year for college.