1. Money
You can opt-out at any time. Please refer to our privacy policy for contact information.

A Step-By-Step Guide to Calculating College Costs and Required Savings


1 of 7

While there are plenty of college cost and savings calculators available online, it’s wise to compute it by hand at least once. Doing so gives you a better sense of whether or not other estimates are in the right ballpark.

Here are the basic steps for calculating your future college costs, as well as the required annual savings to meet a shortage in funds:

©2014 About.com. All rights reserved.