The College Funding calculations are displayed on three different calculation tabs: Overview, Chart and Grid.
A few notes about the calculations:
1.TRAK will attempt to calculate the cost to wait for increased savings up to a year. If there are any expenses before a year, TRAK will calculate the cost to wait until the first expense.
2.In certain situations, TRAK will change the amount of monthly savings a client needs for the additional monthly savings at some point in the future. This occurs because the immediate monthly savings the client needs is greater than the savings needed over the long term. An example of this would occur if a client had little or no current college savings with two students: the older planning on a more expensive college, and the younger planning on a less expensive education. After the college for the more expensive student was paid for, the required monthly savings would decrease.