Use Our College Savings Calculator to Plan for Your Child’s Future

A college savings plan is a great way to give your child a leg up after they graduate from high school. Instead of being saddled with mountains of student loan debt, they’ll have access to funding that’ll help them pay for college and any other expenses along the way.

UNest is an easy and effective way to invest in your child’s future with a flexible and tax-advantaged custodial account. On top of you contributing to it whenever you can, your family and friends can add funds as well. Get started opening a UNest account for your child today.

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The Importance of a College Savings Plan

College is Incredibly Expensive

College is notorious for being very expensive. The average tuition for one year in a public, four-year college was around $10,740 for in-state residents. That number jumps to $27,560 for students from out of state. Keep in mind, that’s just for tuition. That doesn’t take into account the additional costs of living that college students encounter. For example, the average room and board costs for a college student were nearly $12,000 on top of the tuition amount. Using a college savings calculator is a crucial first step as you plan for these financial hurdles.

Your Investment Has Time to Grow

Whether you’re contributing to a 529 or a UTMA, when you start investing for your child’s future at a young age, you’re giving their investment account plenty of time for a potential to grow. Your account may grow depending on the investments, which can result in their account balance increasing as opposed to stagnating or depreciating in a traditional savings account.

Ready to Get Started Planning for Your Child’s Future?

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