Investing for a college education takes a long-term plan with clear objectives. Our College Funding Calculator helps you compare different approaches by taking into consideration scholarships, grants, loans and your personal savings.
Use the calculator to compare various approaches that may reduce student loan payments in the future.
College Funding Calculator
Important. This calculator is provided for educational purposes only and is not meant as legal, tax, estate planning or investment advice. You should review your overall tax plan with a tax professional. The results of these calculations are estimates based solely on user input and the assumptions of the calculator program. All examples are hypothetical and intended for illustrative purposes only. Investment results do not represent the future performance of any Franklin Templeton funds or 529 college investment plan.
Investors should carefully consider plan investment goals, risks, charges and expenses before investing. To obtain the Investor Handbook, which contains this and other information, call Franklin Templeton Distributors, Inc., the manager and underwriter for the plan, at (877) 4NJ-BEST. You should read the Investor Handbook carefully before investing and consider whether your or the account beneficiary's home state offers any state tax or other benefits that are only available for investments in its qualified tuition program.