College Cost Calculator

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We’ve utilized data obtained from the College Board¹ to determine costs for colleges throughout the United States, as well as national averages for public and private colleges.

Please enter the following information. After selecting a state, you will be able to select from a list of colleges in that state. The "College Type" field allows you to specify whether your client will pay "In-State" or "Out-of-State" tuition rates where applicable. If your clients have already set aside investments for college, you may enter the current value of any college savings and their expected rate of return, as a percent.

What is your child's current age?	years
What is your child's age when entering college?	years
In what state will they be attending college?
What is your child's desired college?
What type of college?	In-State Out-Of-State
How many years does your child plan on attending?
What is the dollar amount already invested?	$
What is the expected return on investments?	%

1 Source: College costs used in this calculator are based on data from the Annual Survey of Colleges of the College Board and Data Base, 2007-2008. Copyright 2007 College Entrance Examination Board. All Rights Reserved. See also, www.collegeboard.com. For the purposes of this calculator, college costs include tuition, fees, room & board, books & supplies, and other fees, as supplied to the College Board from the institutions. The average costs are based on two and four year, public and private colleges for each state and nationally. There are different kinds of institutions in each region, and because of this, there may be a large variation in the actual costs for specific institutions.

2 This calculator assumes that overall college costs will increase by 5% per year. The impact of inflation on higher education expenses is uncertain and the rate of inflation could exceed the rate of return on your investments. This calculator allows you to enter your expected rate of return for a more accurate estimate of the investment amount required to fund your college costs. You should choose a conservative expected rate of return. The hypothetical annual rate of return assumed here, as computed by you is _%. The savings goals depicted by the calculator are an estimate based on certain assumptions and cannot guarantee that the sufficient money will be saved. The calculation results are estimates based on the information you have provided.

To help understand and use the calculation output effectively, please note the following items:

This calculation is for hypothetical purposes only. The information entered may vary from actual individual circumstances. The calculation relies on certain assumptions in addition to the information you provided to your financial consultant and does not guarantee future performance of any investment option. John Hancock will not be liable for any damages arising from the use or misuse of this calculator or from any errors or omission in the same.

Any calculation does not take into account the costs or fees associated with (1) transferring assets between the accounts, (2) the differences in the rate of return on investments within the account, (3) investing in the Plan (i.e. annual account fees), or (4) the effect of federal and/or state taxes.

This calculator allows you to enter your expected rate of return. For a more accurate estimate of the investment required to fund your college costs, you should choose a conservative expected rate of return on your investments.

It should be noted that this calculator assumes that the child can be admitted to any college and that the savings goals depicted by the calculator are an estimate based on certain assumptions and cannot guarantee that sufficient money will be saved.

State income tax rules on how withdrawals are handled may vary. The calculator results do not take into account any state taxes.

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If your state or your designated Beneficiary’s state offers a 529 plan you may want to consider what, if any, potential state income tax or other benefits it offers, before investing. State tax or other benefits should be one of many factors to be considered prior to making an investment decision. Please consult with your financial, tax or other advisor about how these state benefits, if any, may apply to your specific circumstances. You may also contact your state 529 plan or any other 529 college savings plan to learn more about their features. Please contact your financial consultant or call 1-866-222-7498 to obtain a Plan Disclosure Document or prospectus for any of the underlying funds. The Plan Disclosure Document contains complete details on investment objectives, risks, fees, charges and expenses, as well as more information about municipal fund securities and the underlying investment companies that should be considered before investing. Please read the Plan Disclosure Document carefully prior to investing.

John Hancock Freedom 529 is a college savings plan offered by the Education Trust of Alaska, managed by T. Rowe Price, and distributed by John Hancock Distributors LLC through other broker/dealers that have a selling agreement with John Hancock Distributors LLC. John Hancock Distributors LLC is a member of FINRA, and is listed with the Municipal Securities Rulemaking Board (MSRB). © 2008. John Hancock. All rights reserved.

529 plans are not FDIC insured, may lose value and are not bank or state guaranteed.

Version v2007.11.16