Child Education Calculator

Calculate to give your child the best education possible

Your Child's Education
What is the cost of the education today?
Years to Schooling
How many years later you wish to send your child to school?
1 year10 years
Expected Returns On Investment
Your expectation of returns on this planned investment
5 %20 %
Expected Inflation
Your expectation on inflation
0 %20 %
Do You Have Any Existing Savings?

Child Education


Required amount (inflation adjusted)

What is a Child Education Plan?

It's never too early to start planning for your child's education. The sooner you start, the more options you'll have available.

A child education plan is a safeguard for your child's future. It ensures that they will have the opportunity to receive a higher education, even if something unexpected happens to you. A child education plan can be used to invest money for your child's future, allowing them to attend a more prestigious university. With a child education plan, you can make that dream a reality.

Why should you have a Child Education Plan?

One of the most important investments you can make in your child’s life is ensuring they have a solid education plan. This means making sure they are on track for their future, whether that be higher education or a specific career.

A child education plan will help ensure that your child has the resources they need to get a good education, regardless of what happens to you. A child education plan can help you cover the cost of higher education. This is especially important these days, as the cost of college continues to rise.

By investing in your child’s education, you are investing in their future success.

What are different investment plans for Child Education?

There are a number of investment plans that can be made for a child's education.

Sukanya Samriddhi Scheme

Introduced in the year 2015, Sukanya Samriddhi Scheme is a special savings account for the girl child. It is a part of the government's initiatives to secure the future of the girl child. The Scheme offers a high rate of interest, which is currently at 9.2%. This is much higher than the rates offered on other savings schemes.

The scheme also allows for tax benefits. The deposits made into the account are eligible for deduction under Section 80C of the Income Tax Act. This means that you can save on taxes by investing in this scheme.

The Sukanya Samriddhi Scheme is a great way to save money for your child's future. The high interest rate and tax benefits make it an attractive option, and the easy withdrawals make it convenient to use. If you have a girl child, be sure to invest in this scheme and secure her future!

Public Provident Funds (PPF)

Public provident funds are a type of long-term savings account offered by the government of India. They offer a number of benefits for child education, including tax breaks, liquidity, and returns that are higher than most other investment options. Funds can be withdrawn to cover the cost of education at any time, and the interest earned on the account is tax-free. This makes public provident funds an attractive option for parents looking to save for their child's education.

National Savings Certificate

A National Savings Certificate (NSC) is a government-backed savings certificate in India that earns interest at a fixed rate until the maturity date. It can be opened with any post office branch in India. The interest in the scheme is compounded annually, and the certificate can be redeemed at any time after the sixth month from the date of issue. NSCs are available with minimum investment of Rs. 1000.


Child education is certainly a primary benefit of purchasing an life insurance policy. Life insurance provides financial protection in the event that the policyholder dies. This can be incredibly important for families with children, as it can help ensure that the children are taken care of financially even if their parents are no longer around.

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How a child education plan will secure your child’s future?

A child education plan is an important investment to secure a child’s future. By saving for a child’s education, parents can give their children a head start in life and help them achieve their goals. Here are ways that a child education plan can help secure a child’s future:

1. A child education plan can help children afford college.

College tuition prices are rising rapidly, and it is becoming increasingly difficult for students to pay for school without assistance. A child education plan can help children pay for college and reduce the amount of debt they need to take on after graduating.

2. A child education plan can help children avoid student loan debt.

Student loan debt is a major issue in the United States. In fact, the total amount of student loan debt in this country has surpassed $1.6 trillion as of 2022. A child education plan can help children avoid this type of debt altogether and give them a fresh start after graduation.

3. A child education plan can give children a head start in life.

One of the most important benefits of a child education plan is that it gives children a head start in life. Children who have money saved up or invested for college are more likely to attend college than those who do not. Furthermore, children who save for retirement are more likely to have a comfortable lifestyle when they reach old age.

How is the child education plan calculated & the formula used?

A child education planning calculator is a tool that helps parents calculate how much money they will need to save in order to send their child to college. The calculator takes into account the child’s age, estimated cost of education, cost of education currently, rate of inflation, and other associated expenses. Parents can use the calculator to create a savings plan that will help them reach their goals.

Formula to calculate Child Education Plan:

Future Value = Present Value (Expected returns+Rate of interest)*N where ‘N’ is the duration of the time period of the investment required.

For example, suppose your child’s current age is 6 years and s/he would go to college at the age of 18 years. You have 12 years to save and grow your money.

Now let’s take an inflation rate of 5%. If the current fee of the course is Rs. 10,00,000 and considering the inflation rate and expected return of investment of 15%, you would need to invest Rs. 4,836 monthly.

What are the benefits of using child Education calculator?

There are many benefits of using a child education calculator. One of the most important benefits is that it can help you plan for your child’s future education expenses. A child education calculator can help you determine how much money you will need to save each month in order to pay for your child’s education. A child education calculator can help you make a well-planned decision.