The yearly costs vary based on the type of college. Here are three categories which you can consider.
Or
They yearly costs vary based on the type of college. Here are three categories which you can consider.
Government colleges
Current costs
(including hostel)
1 Lakhs/year
Start with
2,700/month
Government colleges
Current costs
(including hostel)
1 Lakhs/year
Start with
2,700/month
Government colleges
Current costs
(including hostel)
1 Lakhs/year
Start with
2,700/month
for colllege education
3.0L
2034
3.0L
2034
3.0L
2034
3.0L
2034
Monthly SIP required
0.00
Increase SIP every year by
For Government College
Total need by Current Cource(2023)
1.0L
Total need by Future costs(2023)
1.0L
College fees go up every year by 10%
Total for 4 Years (2034 - 2037)
3.0L
First Year(2034)
3.0L
Second Year(2035)
3.0L
Third Year(2036)
3.0L
Fourth Year(2037)
3.0L
The investment plan is for
13.0L
I will invest
2700/ month
Increase investment by
8% per year
Will investment for
10 years
Please note: This is investment plan based on a number of assumptionsm including growth rates of investments. The amounts therefore should not be thought of as fixed. The plan will require course collection along the way - best done with an annual review. Taxes an income have not been considered.
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