College Cost Calculator

Get personalized insight into how a tax-advantaged 529 plan can help your family save for college. Use the calculator below to help your family understand future college expenses and estimate how much to save in order to stay on track with your college savings goals.

This hypothetical example is for illustrative purposes only
<

Important Disclosure

The information entered is only used within the calculator and not for any other purpose. For further information about our privacy policy please click here.

The purpose of the calculator is to provide investors with a reasonable estimate of the amount that their college savings could generate under hypothetical market scenarios over a period of time.

The calculator can provide information about three variables:

Material limitations include:

The cost figures provided are solely estimates, not guarantees, and actual increases may be higher.

IMPORTANT: The projections or other information generated by the T. Rowe Price College Cost Calculator regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The simulations are based on assumptions. There can be no assurance that the projected or simulated results will be achieved or sustained. The charts present only a range of possible outcomes. Results will vary with each use of the calculator and over time, and such results may be better or worse than the simulated scenarios. Clients should be aware that the potential for loss (or gain) may be greater than demonstrated in the simulations.

The results are not predictions, but they should be viewed as reasonable estimates. Calculator illustrations are produced by DST.

Please read the entire Enrollment Kit carefully before deciding to enroll. The Maryland College Investment Plan Disclosure Statement provides investment objectives, risks, expenses and costs, Fees, and other information you should consider carefully before investing. If you live outside of Maryland, you should consider any college savings program offered by your home state or your Beneficiary’s home state prior to making a decision to invest in the Maryland 529 Plans. The home state may offer state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s 529 plan. T. Rowe Price Investment Services, Inc., Distributor/Underwriter, Maryland College Investment Plan.