FinAid - Financial Aid Advice The SmartStudent Guide to Financial Aid
Site MapAbout FinAid
 
Loans
Scholarships
Saving for College
Military Aid
Other Types of Aid
Financial Aid Applications
Answering Your Questions
Calculators
Beyond Financial Aid




Advertisement


 
Savings Plan Yield Calculator

Advertisement

This Savings Plan Yield Calculator computes the annual interest rate required to reach your savings goal given the present value of your savings, the value of your regular contributions and the amount of time available.

We recommend that parents try to save at least half the projected costs of the child's college education. Ideally the savings plan (in the parents' name) should be established when the baby is born, but it is never too late to start saving.

If you're trying to analyze the effectiveness of your current savings plan, you may wish to use the Savings Growth Projector to calculate the growth potential of your current contributions. The Savings Plan Designer can help you determine the appropriate amount to contribute to your savings plan given your current interest rate.


Current Savings:
Years to Enrollment:
Contribution Amount:
Contribution Frequency:
Savings Goal:
Dollar Amount (), or
percent of projected college costs.
One-year costs are currently
and increasing at per year.
 

 
Home | Loans | Scholarships | Savings | Military Aid | Other Types of Aid | Financial Aid Applications
Answering Your Questions | Calculators | Beyond Financial Aid | Site Map | About FinAid®
Copyright © 2014 FinAid Page, LLC. All rights reserved.
Mark Kantrowitz, Founder
www.FinAid.org