Free Money Tool

University and College Savings Calculator

Fees, hostels, books and fare all rise every year. Find out what your child’s university, TVET or college course will really cost, and how much to save each month, starting today.

Plan for your child’s course

Use today’s prices from the institution’s fee structure. Leave a box empty if it does not apply. All amounts are in Kenya shillings.

The course

Years until the course starts Put 0 if it starts this year.

Length of the course (years) A degree is often 4 years, a diploma 2 to 3, a certificate 1 to 2.

Tuition and fees per year (KES)

Hostel, rent and food per year (KES)

Books, fare and pocket money per year (KES)

How fast costs rise each year (percent) A careful guess. Fees, rent and food usually rise faster than salaries.

What you have and what will help

Saved for this so far (KES)

What your savings earn each year (percent) Check what your money market fund, SACCO or bank really pays. Put a lower number to be careful.

Help each year from HELB, bursary or scholarship (KES) Support depends on means testing and on how much money is available, so many students receive less than they need. Put 0 to be safe, or only what you are sure of.

What you can save each month now (KES)

Your result

What each year will cost you

In the prices of that year, after any help you expect.

Year of study	Cost	Help	You pay

What next?

Put the money to work: Money Market Fund calculator. Save with others: Chama Contribution calculator.

This calculator gives an estimate to help you plan. It is not financial advice. Fees, rent and returns change and are not guaranteed, so check the institution’s latest fee structure and your fund’s current rate each year. HELB terms (last checked October 2026) were about 4 percent a year on a reducing balance for undergraduate loans, but the amount you can get depends on means testing and available funds, so confirm with HELB.