Education Fund Calculator

Calculate how much to save monthly for your child's education expenses.

Plan Education Fund

Education Fund Plan

Total cost at start (inflation-adjusted)—
Years until education starts—
Monthly savings needed—
Total you will save—

Planning for education costs

Education costs rise faster than general inflation (typically 6-10% annually). Start saving early to take advantage of compound interest.

Future education cost:
Cost = Annual Cost × (1 + inflation)^years × Education Duration

Example: NPR 5 lakh/year today, 8% inflation, starts in 10 years, 4 years duration
Future cost per year = 5 lakh × (1.08)^10 = NPR 10.79 lakh
Total for 4 years = NPR 43.16 lakh (simplified)

FAQs

How much does education cost in Nepal?

Private schools: NPR 2-5 lakh/year. College (Nepal): NPR 3-8 lakh/year. Medical/Engineering: NPR 10-30 lakh total. Study abroad: NPR 30-60 lakh/year.

When should I start saving?

As early as possible! Starting when child is born vs age 10 means saving half as much monthly.

What if I can't afford the monthly amount?

Save what you can. Your child can also: 1) Apply for scholarships, 2) Work part-time, 3) Take education loans.

Best investment for education fund?

Mutual funds (equity for long-term, debt for short-term), PPF, or dedicated child education plans from insurance companies.

Should I get education insurance?

Education insurance plans guarantee funds even if you pass away. They're conservative but provide security.