How much will a higher education cost when your child is college age? And more to the point, how much do you have to save now to pay for it? This calculator gives you different ways to get answers to those questions.
Estimated annual college cost figures are from Archimedes Systems, Inc. The college costs include tuition & fees and room & board. The estimated national average costs are from the College Board. The average costs include tuition & fees, room & board and books & supplies.
Investment Products Offered:
Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed
Investors should consider the investment objectives, risks, charges and expenses of CollegeBoundfund carefully before investing. For a free copy of the Program Description, which contains this and other information, visit our website at www.collegeboundfund.com, or call AllianceBernstein Investments at (888) 324-5057. Please read the Program Description carefully before you invest.
If you are not a Rhode Island resident or if you have taxable income in another state, please note that depending on the laws of your or your beneficiary's home state, favorable state tax treatment or other benefits offered by such home state for investing in 529 college savings plans may be available only for investments in the home state's 529 plan. Any state-based benefit offered with respect to this plan should be one of many appropriately weighted factors to be considered before making an investment decision. Please consult your financial, tax or other adviser to learn more about how state-based benefits (including any limitations) would apply to your specific circumstances. You may also wish to contact your home state or another state's 529 plan to learn more about its features, benefits and limitations before investing. Statements in this material concerning taxation are not offered as individual tax advice.
The investments in CollegeBoundfund are not guaranteed by the State of Rhode Island, the Rhode Island Higher Education Assistance Authority (which established and implemented CollegeBoundfund and makes rules and regulations governing the program), the Rhode Island State Investment Commission (which oversees the investments of the assets of CollegeBoundfund), the Federal Deposit Insurance Corporation (FDIC) or any instrumentality thereof. CollegeBoundfund is managed by AllianceBernstein L.P. and distributed by AllianceBernstein Investments, member of FINRA.
© 2013 AllianceBernstein Investments, Inc.
College Cost Data © 2013 Archimedes Systems, Inc.
Average Cost Data © 2012 The College Board.