PNC My Finance Academy Student Banking

College Savings Calculator

How to Use PNC's College Savings Calculator

Use this tool to understand where your money stands, manage your spending more effectively, and feel confident about your financial well-being.

  • Enter your college details: Total estimated cost, years until college, years enrolled, and expected annual cost increase.
  • Select your savings plan and input your current education savings.
  • Add your monthly contribution, estimated rate of return, and federal and state tax rates
  • Review your results to see if you're on track and how changes to time or contributions can impact your goal.
Review the projected results to see:
  • Whether you’re on track to meet your goal
  • How much more you may need to save
  • How adjustments to time or contributions impact your outcome

Use the results to refine your savings strategy and identify next steps.

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