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Kidspot
Tuition Calculator
Tuition Calculator
Calculate the monthly savings required for school tuition for your children. Find everything for babies, toddlers and kids 0-14 – Kidspot New Zealand
Secondary Education Calculator
Children's details
Child #1
Child #2
Child's first name
Child's age
*
* Required field
Cost of secondary education
Please enter the estimated cost for the fields below
Fees/Levies
(per annum)
School fees
$
$
Boarding fees
$
$
Sports clothing & equipment
$
$
Books & stationary
$
$
Extra-curricular activities
$
$
Tuition
$
$
Travel (train,bus,petrol)
$
$
Lunches
$
$
Excursions, camps
$
$
School holidays programs
$
$
Total Cost in today's dollars
$
$
Inflation Factor
$
$
Total Cost of education
$
$
Mthly Savings Ratio
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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