Home > Financial Aid > Calculators > Savings Planner

Savings Planner

Initial Investment

Initial investment or current savings for college?

Monthly Investment

How much do you plan to invest each month.

Interest Rate

If you are investing properly, you can assume an interest rate of 5% to 12%. Interest rates can change on a daily basis and can vary greatly depending on the type of investments you choose. If you are not sure how your money should be invested, consult a financial planner to find out how to maximize your earnings.

Number of Years

How many years until your child begins college?

Latest College & Financial Aid News

Graduating Grandma Garners Top Honor of Valedictorian

May 14, 2019

by Susan Dutca-Lovell

For a 72-year-old grandmother, graduating from college with a bachelor's degree from The University of New Mexico was "better late than never." To top that off, Rigina Wright also graduated at the top of her class as Valedictorian with a 4.067 GPA. [...]

Protest at Johns Hopkins U Over Proposed Private Police Force

May 7, 2019

by Susan Dutca-Lovell

Photo courtesy of The Baltimore Sun.

Student at Johns Hopkins University have staged a month-long sit-in at Garland Hall, JHU’s main administrative building, to protest the university's plans for a private police force, which was recently approved by the Maryland General Assembly. The university has had to suspend financial aid, disability, academic advising, and international services due to the protest's complete blockage. The protesting students are also demanding that JHU cancel its contracts with Immigration and Customs Enforcement (ICE) and eight students even chained themselves to Garland Hall. [...]

Northwestern University President Directly Involved in Selecting Students

April 30, 2019

by Susan Dutca-Lovell

It has been reported that Northwestern University President Morton Schapiro is directly involved in the college admissions decision process - personally reviewing hundreds of applications a year, including those of donor's children, alumni, faculty and staffs' children, or people he knows, according to Inside Higher Education. [...]