APA education experts have created a calculator to help parents and teachers decide how much it costs to take their child to the top-ranked university.

The calculator, available for free at http://bit.ly/2g1Y7gC, uses a series of equations to calculate how much money a child could earn over the course of four years if they attended a university with the highest number of students.

It shows how much each year the average student would receive in tuition, fees, books and fees at the top 50 universities, according to the College Board.

That includes both full and partial tuition, with full tuition and fees being included in the total costs, the calculator says.

“Students should not expect that their child will receive a significant discount on their college tuition as a result of this calculator,” the College Foundation said in a statement.

Students who enroll in four-year colleges and universities at an average annual cost of $22,000 would pay $12,000 for four years of education.

Some colleges offer scholarships, but they typically cover about half of the tuition and $6,500 of room and board.

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