Tuition Fee Increase Calculator
Works out your new tuition fee after a percentage rise and the extra amount that rise adds across the years you expect to study.
Recent
Formula
How the calculation works
Enter your current tuition fee in Taka as it stands before the announced increase is applied.
Enter the yearly increase as a percentage and the number of years the rise will apply across your course.
The tool multiplies the fee by one plus the percentage over one hundred for the new fee, then multiplies the rise by the years for the extra total.
Common mistakes
- Applying the percentage to a whole course fee at once, when it is normally charged as a yearly increase on each year's fee.
- Forgetting that the rise compounds if it is applied to the already increased fee, which makes the final year much higher.
When to use it
- Use it when a college announces a fee hike so you know the new figure before the admission letter arrives.
- Use it to plan savings for a multi-year course, since a yearly rise adds a steady extra on top of the base fee.
Worked example
With a fee of 50000 Taka, a 7 percent yearly rise and 4 years of study, the new fee is 53500 Taka and the extra across those years is 14000 Taka.
Common questions
Does the extra total use a simple or compound rise?
It uses a simple rise on the current fee for each year, so if your institution compounds the increase the real extra will be a little higher.
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