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Congratulations on Activating Your Child's NYC Scholarship Account!

Dear Save for College Program Family,

Congratulations! You have activated and viewed your child’s NYC Scholarship Account and earned a reward of $25. To log back in and check your balance, click here to visit Savings Tracker.

Keep reading below for more information on how to take the next step and continue earning more scholarship rewards for your child’s account.

Join other families and take the next step by opening and connecting your own savings account and save for your child in the ways that make sense for you. NYC Kids RISE has already deposited thousands of dollars in additional scholarship rewards to the NYC Scholarship Accounts of families who completed Building Block #2. Join them and earn your own reward of $25 by opening your own college savings account today.

How to Open Your Own College Savings Account and Complete Building Block #2

NYC Kids RISE offers two savings account options: an Amalgamated Save for College Bank Account or an NY 529 Direct Plan Account. There are no initial or ongoing requirements for how often or how much you save. To open either account, you and your child will need a Social Security Number or Individual Taxpayer Identification Number (ITIN). Earn $25 in rewards by opening your own college savings account today.

If you choose to open an NY 529 Direct Plan Account:
  • Log back on to Savings Tracker and then click on Create/Connect 529 Account.
  • You will be taken to nysaves.org where you can open your own NY 529 Direct Plan Account. When you complete the application, you will be prompted to link your 529 account to your child’s NYC Scholarship Account so that you can view your balance on Savings Tracker.
  • If you already have a NY 529 Direct Plan Account, you can log back in and go directly to linking it to Savings Tracker to complete Building Block #2.
If you choose to open an Amalgamated Save for College Bank Account:
  • Email local branch representative Michael Ippolito at [email protected] to open an account online.

Frequently Asked Questions

How do I know which account I should choose?
I know which account I want to open. How do I do it?
What if I already have a 529 Account?
  • If you have an existing NY 529 Direct Plan Account, you can link it to your child’s NYC Scholarship Account.
  • Log back on to Savings Tracker and then click on the Create/Connect 529 Account button.

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