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Building Block 1: Activate and View NYC Scholarship Account

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Every student enrolled in the Save for College Program automatically receives an NYC Scholarship Account with an initial $100 from NYC Kids RISE, unless their family chooses not to participate by “opting-out.” You can earn more funds for your child’s NYC Scholarship Account by taking additional steps. The first step is activating and viewing the account (Building Block 1). Activate and view your child’s NYC Scholarship Account now to earn a $25 reward:

When Can I Activate My Child’s NYC Scholarship Account?

  • All first grade and second grade families in the Save for College Program can now activate and view their children’s NYC Scholarship Accounts. If you’ve already activated your child’s NYC Scholarship Account, log back in to view the account.
  • Parents and guardians of kindergarten students, and other eligible students who are new to the Save for College Program during the 2023-2024 school year, will be able to activate their children’s accounts in January 2024.
  • Learn if your child is eligible to participate in the Save for College Program here.

What You Need to Activate

  • Your child’s nine-digit Student ID Number (OSIS number). This is the number you used to activate your child’s NYC Schools Account. If you don’t have it, you can find this number by logging onto your NYC Schools Account at mystudent.nyc, on your child’s report card, or by asking your child’s Parent Coordinator or school.
  • Your child’s home ZIP code
  • Your child’s date of birth
  • Your email address
That’s it. You DO NOT need to provide a Social Security Number, Individual Taxpayer Identification Number, or credit card number to participate in the Program or activate your child’s NYC Scholarship Account.

 

Important Facts

  • This account is managed by NYC Kids RISE, and the money is set aside for your child’s college and career training.
  • The money is invested in a NY 529 Direct Plan, a type of investment account specifically created for college and career savings that can be used for a variety of higher education expenses.
  • NYC Kids RISE will allocate additional rewards to this account as you complete each of the 3 Building Blocks.
  • Only NYC Kids RISE can allocate funds to this account. Community members (including local organizations and businesses) can add to the scholarship accounts of groups of students through NYC Kids RISE. More information about community scholarships here.

After you activate your child’s NYC Scholarship Account, take the next step in your Save for College Program journey.

 

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