In 2017, NYC Kids RISE launched the NYC Kids RISE Save for College Program to provide families, schools, and communities with a way to work together to save for their children’s futures. It’s a scholarship and savings program designed to make college and career training more accessible and achievable for all NYC public school students, starting with all kindergartners in School District 30 in Queens—regardless of their family’s income or immigration status.
To date, more than 10,000 students have been enrolled in the program with college savings funds. This PSA encourages families to learn more about the Program and whether their child is in a participating school.
NYC Kids RISE is a nonprofit organization working to expand economic opportunity and equity by providing families, schools, and communities with a way to work together to save for their children’s education. NYC Kids RISE manages the Save for College Program in partnership with the NYC Department of Education and the City of New York, with founding support from the Gray Foundation.
Through the Program, every student enrolled in a participating NYC public elementary school, starting in kindergarten automatically receives an NYC Scholarship Account invested in a 529 plan with a $100 initial deposit and additional opportunities for matching funds and contributions from organizations, businesses, and community members. Following the three-cohort pilot launched in 2017, NYC Kids RISE hopes to expand the program to reach all NYC public school students. For more information, visit www.nyckidsrise.org.