Child education calculator — what will the degree actually cost?
Education fees rise faster than almost anything else you buy. Enter today's fee and your child's age to see the inflated cost year by year, the corpus you need on day one of the course, and the monthly SIP that gets you there.
The plan for your child
Start from a course, then adjust anything.
Money
Assumptions
Raise the monthly amount with your salary — usually the difference between impossible and doable.
A 4-year course that costs ₹6,00,000 a year today will bill ₹22.8L in its first year — 14 years from now.
That is ₹13,091 on top of the ₹5,000 you already invest. Turning on the annual step-up would lower the starting amount.
Start this SIPBuilding up, then paying out — age 4 to 22
The fund grows while the child is at school and empties across the course.
On your current savings and SIP alone the fund is empty in year 2 of 4 — the remaining fees would have to come from income or a loan. The coloured path is what the required SIP fixes.
The fee bill, year by year
Today's ₹6,00,000 annual fee, repriced at 10% education inflation.
What moves the number most
Each card shows how the monthly SIP you need would change — red means harder, green means easier. Tap a card to apply it and watch the calculator above.
Why education costs outrun everything else
Tuition, hostel and living costs in India have historically risen faster than the consumer price index — 8% to 10% a year is the range most planners work with, and overseas degrees add currency depreciation on top. A fee that looks manageable today roughly triples every twelve years at 10%.
The deadline is what makes this goal different from retirement. The date the child enrols cannot move, so the last three years of the plan are usually shifted out of equity into debt to protect a corpus you are about to spend.
The corpus you need is not the full inflated bill either. Only the first year's fee is due on enrolment day; the later years keep earning a return while the course runs, which is why this calculator discounts each year's fee back rather than adding them up.
The formulas
Frequently Asked Questions
A four-year engineering degree costing ₹6 lakh a year today would bill roughly ₹22 lakh in its first year by the time a four-year-old starts college, at 10% education inflation — about ₹1.06 crore across the full four years. Medicine and overseas degrees run considerably higher. Enter the fee of the institutions you actually have in mind rather than an average.