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Tuition Calcultor
Work out the cost of sending your child to a private school including private school fees and levies, school uniform costs and extra-curricular expenses with this useful Tuition Calculator. Add up the private school costs and discover how much money you need to save each month to send your child to an independent school.
children
Children's details
 Child #1  Child #2
Child's first name
     
Child's age *
* Required field
    
 
 Cost of secondary education
Fees/Levies (per annum) Please enter the estimated cost for the fields below
Private school fees $
$
Boarding fees $
$
Sports clothing & equipment $
$
Books & stationery $
$
Extra-curricular activities $
$
Private tuition $
$
Travel (trams, bus, petrol) $
$
Lunches $
$
Excursions, camps $
$
School holidays programs $
$
 
Total cost in today's dollars $
$
Total cost of education $
$
 
Monthly savings target $
$

Assumptions:
* You will save the amount shown for secondary education until your child is 17
* Assumed inflation rate:2.5% per annum
* Assumed average return on investment:6.5% per annum
* Assumes school fees are paid at the start of the year

Note:
* If your actual situation differs from the assumptions outlined above, then the monthly savings target may differ from the actual amounts required.

The assumptions used in this tool, and the results obtained from, are believed to be accurate and are made in good faith. However, to the extent permitted by law, we disclaim all liability to any person in respect of financial decisions made by any such person in reliance upon any part of the information obtained using this calculator. This tool should be used as a GUIDE ONLY. Please check all financial decisions with a qualified professional prior to making any decision.
 
 
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