Saving for your child’s future
Now that you have activated and viewed your child’s NYC Scholarship Account (Building Block 1), it’s time to take the next step. Open and connect your own college and career savings account (Building Block 2) and NYC Kids RISE will put another $25 reward toward your child’s NYC Scholarship Account!
Why should I open a separate account?
Research shows that children with even a small savings account of $1 to $500 are three times more likely to enroll in college and more than four times more likely to graduate. NYC Kids RISE owns and manages your child’s NYC Scholarship Account (including contributions made through Community Scholarships). This means that only NYC Kids RISE can put money into that account. To start saving your own money for your child’s future and receive additional rewards from NYC Kids RISE, open a separate college and career savings account for the benefit of your child.
Already set up a NY 529 Direct Plan Account or an Amalgamated Save for College Bank Account?
If you need assistance, get in touch with us at 833-KID-RISE or [email protected]. Help is available in your language.
The NYC Kids RISE Save for College Program is a scholarship and savings program administered by NYC Kids RISE Inc., a nonprofit, in partnership with the NYC Department of Education and the City of New York. NYC Kids RISE is neither affiliated with, nor an authorized distributor of, New York’s 529 College Savings Program and does not solicit investments or provide investment advice. The City of New York and the NYC Department of Education offer no endorsement or recommendation about, and do not control, own or are affiliated with the NY 529 Program Manager and any particular college savings or other investment vehicle, including ones which families may learn about through the Save for College Program.
