Frequently asked questions
Answers to common questions about education cost planning, savings assumptions, overseas estimates, and how the Scholars.Finance calculator works.
What is Scholars.Finance?
A free DIY calculator that estimates future education costs and the monthly savings needed to fund them.
Can I plan for education in India and abroad?
Yes. The calculator supports Indian and overseas education paths with editable cost, inflation, and return assumptions.
Can I include postgraduate study?
Yes. Parents can include or exclude a master's degree and model it separately from undergraduate study.
How is the monthly savings estimate calculated?
The tool projects future yearly education costs, applies existing savings and investment assumptions, and solves for a monthly contribution that funds the plan.
Is this financial advice?
No. The calculator is an educational planning tool. Its assumptions are transparent and should be reviewed for your circumstances.