College and Resource Projections

Expenses
Freshman Sophomore Junior
Senior
Total
Room & Board
$6,125.00
$6,584.38
$7,078.20
$7,609.07 $27,396.65
Tuition & Books
8,750.00
9,406.25
10,111.72
10,870.10
39,138.07
Clothes
750.00
806.25
866.72
931.72
3,354.69
Entertainment
1,025.00
1,101.88
1,184.52
1,273.35
4,584.74
Miscellaneous
675.00
725.63
780.05
838.55
3,019.22
Total Expenses
$17,325.00
$18,624.38 $20,021.20 $21,522.79 $77,493.37
Resources
Savings
$1,732.50
$1,862.44
$2,002.12
$2,152.28
$7,749.34
Parents
3,465.00
3,724.88
4,004.24
4,304.56
15,498.67
Job
1,732.50
1,862.44
2,002.12
2,152.28
7,749.34
Loans
5,197.50
5,587.31
6,006.36
6,456.84
23,248.01
Scholarships
5,197.50
5,587.31
6,006.36
6,456.84
23,248.01
Total Resources
$17,325.00
$18,624.38 $20,021.20 $21,522.79 $77,493.37
Assumptions
Savings
10.00%
Parents
20.00%
Job
10.00%
Loans
30.00%
Scholarships
30.00%
Annual Rate Increase
7.50%