ADP - College Planner (Calculator)

College Planner

Are You on Track to Meet Your Child's College Expenses?

The rising costs of a college education can be daunting for parents looking to send their children through school. That's why it pays to plan ahead. Whether you have already begun a college investment plan or have yet to start one, the following seven questions will help you find out where you stand.

If you have more than one child, complete this calculator for each child. When finished, click Submit. Go to disclosures

What do you estimate are the current annual costs - including tuition, room and board, fees, and other expenses - to attend one year at the college of your choice?

How much of these costs do you expect will be covered by financial aid (using current dollars)?

In how many years will your child enter his/her first year of college?

For how many years will your child attend college?

How much do you currently have saved for your child's education?

How much are you currently saving annually for your child's education?

Which annual rate of return do you expect to earn on your education savings?

Calculator is owned and provided by SS&C. SS&C is not affiliated with this site's sponsor, owner or any affiliate thereof. The calculator is provided for educational purposes only. Any results generated by a calculator are not representative of any index or fund, are hypothetical, and are not guaranteed. It does not serve, either directly or indirectly, as legal, financial or tax advice. You should always consult with your financial planner, attorney and/or tax advisor as needed.

Users should verify the appropriateness of any assumptions used and, if applicable, modify these assumptions for their individual situation. The output provided depends upon the completeness and the accuracy of the information and assumptions that the user provides. Users should verify the accuracy of all information that they incorporate into their use of the calculator. Assumptions about projected current and future income and expense estimates, are inherently uncertain and introduce uncertainty in the calculations that the tool performs. Even small changes in these inputs and assumptions may have a significant impact on the calculator's derived results.

ADP is not responsible for the completeness, accuracy, and appropriateness of the information and assumptions provided by any user. In making this and other calculators available for your use on this Website, ADP makes no recommendation regarding the appropriateness of any contribution amount or type, withdrawal or withdrawal rate, loan, or asset allocation. ADP, the ADP logo are trademarks of ADP, Inc. All other trademarks and service marks are the property of their respective owners. Copyright © 2022 ADP, Inc. ALL RIGHTS RESERVED.