The high cost of higher educationThirty years ago, tuition fees accounted for less than a seventh of university operating revenue. Now, it's more than a third, as governments increasingly download the cost to the students (and their parents).

This calculator is designed to help you plan your children's education needs by estimating the future cost of fees, taking into account personal savings, investment and inflation

  1. Check that all Assumptions are correct. If you wish to analyse a different scenario, you may change any of the default values accordingly
  2. Click once on the "Calculate" button to calculate your result
Anticipated rate of inflation on education costs:   % p.a
Anticipated rate of return on your investments:   % p.a. after tax
What age will your child enter post secondary school:  
    
Current post secondary costs / year (tuition and costs): $
Years to obtain a degree:    
Total education savings to date: $
Your child's age now:    
RESULT  
   
Your child's education will cost: $
The Future Value of your current savings: $
Your annual contribution needs to be: $

NOTES