School Fees Lifetime Calculator
Enter annual fees, the child's age and the fee inflation rate.
Total fees paid
β
Enter values above
Present value of fees
β
Average annual fee
β
Final year fee
β
Years of fees
β
Fee inflation multiplier
β
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Annual fees today ($) | 15000 |
| Child's age now | 5 |
| Age fees start | 5 |
| Age fees end | 18 |
| Fee inflation (%) | 5 |
| Investment return (%) | 6 |
| Result | Value |
|---|---|
| Total fees paid | $265,695 |
| Present value of fees | $184,335 |
| Average annual fee | $20,438 |
| Final year fee | $26,938 |
| Years of fees | 13 |
| Fee inflation multiplier | 1.8x |
Values shown are produced by this page in your browser; change any input to update them.
How to use the School Fees Lifetime Calculator
- Annual fees today ($) β default 15000
- Child's age now β default 5
- Age fees start β default 5
- Age fees end β default 18
- Fee inflation (%) β default 5
- Investment return (%) β default 6
- Press Calculate to update the results instantly.
Frequently asked questions
Historically 4β6% a year, well above general inflation. Over thirteen years that roughly doubles the annual fee in real terms, let alone nominal.
Because the total spans more than a decade. The present value tells you what the whole commitment is worth today, which is the number to compare with the education you are buying.
Set the start age higher. The calculator only charges fees between the start and end ages, so a child entering at 11 shows eight years rather than thirteen.