NCFS College Planning Center

Financial Calculators | | Print | |

College Planning Center - College Planning Center |

## Easy to use calculators — from saving to repaying and estimating to budgeting college costs. There's even one to estimate your Expected Family Contribution (EFC).Estimate the monthly savings that will be required to support up to three children who are planning to attend college. The calculator asks for the present cost of attending a college, the number of years before each student enters school, current savings, and the anticipated annual return on their savings. Estimate the future cost of a college education. Costs are based on average annual increases and the number of anticipated years spent in school. Estimate the dollar amount that will be saved when the student enters school. The calculator asks for monthly saving amounts, the savings average return, and the number of years until the student enters school. Estimate the dollar amount families will need to save on a monthly basis to meet their college savings goal. The calculator asks for the target savings goal, currently available savings, number of years until the student enters school, and the average return. Helps students identify key budget items to better understand their financial situation. Designed to help students and parents borrow responsibly. The tool will estimate the monthly loan payments based on the principal balance, interest rate, and loan term. For students who already have a student loan. The tool allows users to estimate the amount of interest that accrues on their account over a period of time.
Helps families estimate their potential financial responsibility well before submitting the FAFSA and receiving the official EFC from the Student Aid Report (SAR). |