Education Cost Calculator
Plan for your child's higher education expenses in India or abroad
Education inflation in India: 8-12% | Abroad: 5-7%
Monthly SIP Required
₹12,762/mo
13 years to education · 4-year course · Total SIP ₹19,90,818
Funding Breakdown
Savings Accumulation vs Education Cost
Expected Year-wise Cost During Education (Starting at age 18)
Year 1
₹13,59,812
Year 2
₹14,68,597
Year 3
₹15,86,085
Year 4
₹17,12,971
Education Planning Tips for NRIs
📚 For India Education:
- • Consider PPF for tax-free accumulation
- • Child education plans from insurers
- • Mutual funds via SIP for long-term goals
🌍 For Abroad Education:
- • Start early - costs are 3-4x higher
- • Consider international funds or ETFs
- • Education loans can cover 80-90% costs
- • Factor in living expenses (₹15-20L/year)
Note: Education costs have been rising at 8-12% annually in India and 5-7% abroad. This calculator provides estimates based on current trends. Actual costs may vary based on institution, course, location, and other factors. Consider consulting an education planner for detailed advice.
Illustrative estimate based on assumed inflation and return rates; not financial advice.
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