All You Need To Know About Child Education Planning Calculator

What is the Child Education Planning Calculator?

Every parent has one dream in common: giving their child the best possible education. Whether it’s a reputed school in your city, a top-tier college in India, or even higher studies abroad, the cost of education is only moving one way, and that is upwards.

Child education planning is nothing but preparing for that reality, that expenditure, that dream today. It means figuring out how much your child’s education is likely to cost tomorrow, setting a clear financial target, and investing systematically so you’re never caught off guard.

And here’s where tools like Prodigy Pro’s Child Education Planning Calculator make life easier. Instead of guessing or worrying, you can see exactly what your child’s future education will cost; and how much you need to save or invest now to get there.

Why Use a Child Education Plan Calculator?

1. Brings Clarity to Your Goal

Imagine this: you want your child to do an MBA. Today it costs around ₹25 lakhs in India. In 10–12 years, thanks to inflation, the same program could cross ₹40–50 lakhs. Without proper planning, that number can feel crushing, and the weight of that increases every day. The child education planning calculator tells you in advance what you’re up against.

2. Breaks It Into Manageable Investments

Instead of panicking about that huge future cost, the calculator tells you how much to put aside each month or as a lump sum today. It converts an overwhelming figure into a clear, doable monthly saving target.

3. Keeps Inflation in Check

Parents often save based on today’s fee structure. But in reality, education costs rise by 6–10% every year; faster than household inflation. The calculator automatically factors this in so you don’t fall short.

4. Helps You Stay Ahead of Time

Say your child is 5 years old today, and you’re planning for higher studies at 18. That’s a 13-year runway. The calculator shows you how to spread your savings across those years so you’re not scrambling at the last minute.

How to Use Prodigy Pro’s Child Education Planning Calculator

Using the calculator is as simple as filling in seven blanks:

Child’s Age Today - say 8 years.

Start College Age - usually 18.

Duration of Education - 3 years for undergraduate, 2 years for postgraduate, so let’s consider 5 years.

Current Cost Per Year - enter today’s fees, let’s say ₹5 lakhs/year.

Expected Rate of Return - let's assume 14%.

Inflation Rate - usually 6-8% for education, so let’s say 6%
Calculate - and you’re done.
The calculator shows you:

Corpus required at start of college: ₹36.18 lakhs
Funds required to meet this goal: ₹10.4 lakhs as a lump sum
Or an SIP of ₹14,673 monthly!

Everyday Parent Struggles This Solves

• The “it’s too late” panic: Many parents wake up to the education cost reality when the child is already in Class 10th. This calculator shows what starting early can achieve with smaller contributions.
• Rising school fees: If school fees themselves are rising by 8–10% every year, how do you expect college fees to behave? The calculator connects those dots for you.
• The overseas dream: Suppose your child wants to study in the US, where tuition and living costs could cost ₹1 crore+ in 15 years. Without an education planning calculator, most parents either underestimate or overestimate. The calculator helps you anchor your plan in reality.
• The trade-off trap: Parents often end up cutting into retirement savings to fund education. With a calculator-based plan, you avoid sacrificing one goal for another.

Education is the one gift that lasts a lifetime. But it’s also one of the biggest expenses parents face. The worst mistake is to wait, assume “we’ll manage somehow,” and then get stuck with loans or sacrifices.

The Prodigy Pro Child Education Planning Calculator is not just about numbers: it’s about peace of mind. It shows you, in black and white, how much to save, for how long, and with what discipline.

Start early, stay consistent, and let compounding carry the heavy load. When the day comes for your child to walk into their dream college, you’ll be glad you prepared, not just hoped.