Budgeting
Child Education Cost Planner
Breaks the future cost of a child's education into separate components — tuition, accommodation, other expenses — each inflated on its own, for a more granular plan than a single lump estimate.
Your details
₹
₹
₹
yrs
yrs
%
%
Required monthly SIP
₹21,621
Total future cost (full course)
₹47,34,727
Today's annual cost of ₹5,00,000 inflates to about ₹11,83,682/year by the time the course starts — ₹47,34,727 total across 4 years. Investing ₹21,621/month gets you there.
Total₹5,00,000
- Tuition₹3,00,000
- Accommodation₹1,50,000
- Other₹50,000
How this is calculated
Combined annual cost today is inflated to the start year, then multiplied by course duration for the total future cost; the required monthly SIP is back-solved the same way as the Goal Planner.
Frequently asked questions
How is this different from the Child Education Planner?
The Child Education Planner uses a single lump-sum course cost; this tool breaks it into tuition, accommodation, and other costs (each inflated the same way) and multiplies by course duration — more granular for multi-year programs.
Why does course duration matter?
A single year's inflated cost isn't the total cost of, say, a 4-year degree — this planner multiplies the inflated annual cost by the full course length.