Skip to main content
I Can Succeed

FAFSA Delayed by Federal Student Aid Until December 31, 2023
While you wait for the FAFSA, get started on your FSA ID username and password. The student and at least one parent need an FSA ID to complete the FAFSA. Your FSA IDs must be setup and verified BEFORE you file the FAFSA!   Learn more.


Main Content

Monthly Budget Calculator

Use this calculator to estimate your monthly income and expenses. You can use your actual or estimated expenses, or you can use national averages.

Step 1: Calculate Your Monthly Income
Expected Annual Income (Before Tax): $
Assumed Tax Rate Percentage: %
Your Monthly Income (After Tax) : $
Step 2: Enter Your Monthly Expenses
Calculate your monthly expenses by using national averages or enter your personal expenses in the categories below.
Estimate Monthly Expenses Using:
Housing: $
Health Care: $
Utilities: $
Savings: $
Transportation: $
Debt Obligations (Other Loans): $
Food: $
Student Loan Payment: $
Personal Expenses: $
Miscellaneous: $
Insurance: $
Step 3: Calculate Your Monthly Budget
Total Expenses: $
Difference Income - Expenses: $

This calculator is for informational and educational purposes only. The results should be considered estimates only.

© 2023I Can Succeed. All rights reserved.