Next, you’ll need to make an account on nysaves.org
At nysaves.org, you will:
- Create an account.
- Choose your investment options.
- Set up your contribution method. If you are going to make contributions electronically, you will need to log into your mobile banking app or website or consult your checkbook for your bank routing and account numbers.
- Decide how you want to receive confirmations of contributions and updates from nysaves.org.
- If you are able to, make your first deposit of at least $5 into your account. We encourage people to make their initial deposit at the same time that they are opening their account. If you deposit at least $5, you will receive a $25 Building Block 3 reward into your child’s NYC Scholarship Account. This is not required, however if you do not fund your account (within the first six months for an NY 529 Direct Plan Account) you are at risk of having the account closed.
- When you are done, return to nyckidsrise.org/connect.
If you need help, more detailed instructions are available.
Or: See the Amalgamated Bank option
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.
