Start year
This is the year will be starting college. 


Future tuition cost
Using a 5% annual inflation rate this is how much you will need to have saved by the time starts college () 


Current savings FV
This is how much your present savings will grow to, assuming an 5% annual growth rate 


Future savings/funding
This is the combined total of your present saving's future value and the funding from outside sources 


Total savings gap
This amount is the difference between how much you have available and how much you will need, i.e., the amount you still need to come up with 


Monthly deposit required
Assuming an 5% annual growth rate, this is how much you will need to deposit to 's college fund each month, between now and September of 


Percent of annual Income
Assuming your income keeps pace with inflation, this is the percentage of your gross income you will need to invest annually until enters college 


Summary


