College Savings Calculator

If you’re trying to save for college — whether you’re a parent or future student — you may be trying to determine how much money you’ll need to accumulate to meet your tuition goals. Middlefield Bank has developed a college savings calculator you can use to figure out how much you’ll need to save each month. Enter the cost of the annual tuition (at today’s rate), the number of years of college, your current amount of savings (zero is fine!), years until college begins, expected interest rate, and the expected inflation rate. By using our calculator, you’ll quickly see how much you’ll need to save each month to reach your target.
 
Middlefield Bank offers personal loans you can use for college tuition. We’ve also partnered with College Avenue Student Loans to help undergraduate and graduate students finance their education or refinance their student loans. It’s easy to apply online, and you’ll get results in 60 seconds. As another option, consider opening a savings account. To learn more about Middlefield Bank’s educational financing solutions, schedule a meeting with one of our personal bankers.