Email page Print page This link will trigger a popup message.

How much do I need to save for college?

This calculator computes the amount you need to save each month in order to pay for college.

All fields are required.



Calculator Results

In 8 years, 4 years of college will cost $76,845.56. At this rate, you would need to save $517.76 each month to reach the $76,845.56 goal.

Calculator tips This link will trigger a popup message.

This calculation assumes the following.

  • You will continue to save during the years of college attendance.
  • The amount you have now is deposited at the beginning of this month.
  • Your monthly deposits start at the beginning of next month.

Calculator disclaimer This link will trigger a popup message.

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

Presented by TimeValue Software ©2025

College graduate

Save with Hughes Today

When it comes to your money, you’ve got options. Find the right Hughes account and match your financial interests:

  • Checking & Savings
  • Money Market Savings
  • Certificate Accounts
  • IRAs
  • Youth Accounts
  • Health Savings Accounts

Learn More

Rates and Fees

View our current deposit rates online.

Rates and Fees