Education Cost Calculator
Plan for your child's future education. Calculate inflation-adjusted college costs and the monthly SIP needed to reach your goal.
Education Planning
Future Education Cost (in 13 years)
₹13.60 L
Start SIP of
₹3.7K/month
For next 13 years
Total Investment
₹5.70 L
Growth Needed
₹7.90 L
Cost Growth vs Your Savings
Average Education Costs (Current)
Inflation Adjusted
Education costs rise 8-10% yearly. Plan with realistic inflation-adjusted numbers.
Monthly SIP Target
Know exactly how much to save each month to reach your goal.
Global Education
Plan for India, US, UK, or any country with multi-currency support.
How to Use
Enter Ages
Set child's current age and expected college age.
Set Current Cost
Enter today's cost of the education you're targeting.
Set Inflation
Education inflation is typically 8-10% in India, 5-7% globally.
View SIP Needed
See monthly SIP amount needed to reach your goal.
The Formula
Future Cost = Current Cost × (1 + inflation)^yearsFrequently Asked Questions
Why is education inflation so high?
Education costs rise 8-10% annually (vs general inflation of 6%) due to infrastructure upgrades, faculty salaries, international standards, and demand. A ₹5L degree today could cost ₹15L in 12 years.
How much should I save for my child's education?
For India: ₹15-30L for private college, ₹50L+ for IIT/Medical, ₹1Cr+ for US education. Start a SIP early — even ₹5,000/month from birth can build ₹30L corpus by age 18 at 12% return.
What if I start late?
If you start when child is 10 (8 years to college), you need to invest 3-4x more per month than starting at birth. Time is your biggest advantage — start NOW.
Should I use SIP or lumpsum?
SIP is better for education planning as it averages market volatility and fits with monthly income. If you have a lump sum (bonus/inheritance), invest that too via STP.
What returns can I expect?
Equity mutual funds (SIP): 12-15% long term. Balanced funds: 10-12%. Debt funds: 7-8%. For 10+ year goals like education, equity SIP is recommended.