How much should I save for my child’s education?

Enter today’s university fees and when your child starts. We grow the fees with education inflation and work out the monthly saving that covers them.

Your child

years old
years old
yrs

Costs and savings

$
$

Assumptions

% / yr
Education costs often rise faster than general inflation.
% / yr
Save every month
—
Total cost of university
—
Fund needed when university starts
—
Today’s savings grow to
—
First year’s cost
—

Cost for each year of study

Study yearChild’s ageCost that year

Results assume the same return and education inflation every year. Fees are paid at the start of each study year, and money not yet spent keeps earning the expected return. Savings are added at the end of each month.