These college-planning calculators let you quickly assess your situation, look at your financial needs, and determine the best possible savings strategy.
Sallie Mae's Education Investment Planner®
The Education Investment Planner® lets families model the total multi-year cost of education, compare those costs across schools, build a plan on how to pay based on your finances, and helps you understand the costs of any borrowing.
College cost calculator
The college cost calculator projects estimates of the future cost of a college education. The costs are based on average annual cost increases and the anticipated number of years spent in school.
Future savings calculator
The future savings calculator lets you estimate the amount of money you will have saved by the time your child enters school. The calculator asks for:
- Monthly saving amounts,
- Saving's average return, and
- Number of years until the student enters school.
Monthly savings calculator
The monthly savings calculator estimates the amount of money you will need to save each month to meet your college savings goal. The calculator asks for:
- Target savings goal,
- Current available savings,
- Number of years until the student enters school, and
- Average return.