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.

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Child 1
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College Start Year

2033

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College Costs

2014 National Public Averages

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$16,369

Current annual cost

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As of July 28, 2015

Enter a valid percentage.

%
Savings Plan

$

$

Frequency

$ %
starting on
Add A Child
College Costs
Totals
Projected College Costs
$204,394
Costs You Plan to Fund
$204,394 (100%)
Costs Not Funded by You
$0 (0%)
Deficit
-$204,394
Ongoing monthly contributions may need to increase to $373 to meet the goal.
Add A Child
Summary
Child
Costs You Plan to Fund
Projected Savings Deficit/Surplus
Summary
  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 © 2014 Peterson’s, a Nelnet Company, and its licences. All rights reserved.
Change Annual Cost

Enter a dollar amount to customize the current annual cost.

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Delete Saved 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.