Who can participate in the Save for College Program?
In school year 2023-2024, every kindergarten, first grade, and second grade student enrolled in NYC public schools (including participating charter schools) is eligible to participate, no matter their family income or immigration status.
In geographic District 30, every kindergarten through fifth-grade student in the 39 pilot schools is eligible to participate.
If my child is eligible, what happens next?
If your child is eligible, they will be automatically enrolled in the Save for College Program and receive a free NYC Scholarship Account unless you choose not to participate and opt out. As long as you take no action during the Opt-out Process, your child will be automatically enrolled.
If you decide you do not want to participate, you can contact your child’s school for instructions on how to opt out of the Program or cancel participation at any time. The Opt-out Process takes place on a rolling basis beginning in the fall.
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 your child is joining the Save for College Program during the 2023-2024 school year, you will be able to activate and view their NYC Scholarship Account in 2024.
Once you activate your child’s NYC Scholarship Account, you can complete other Building Blocks to earn additional rewards.
Where can I find more information?
Find answers to frequently asked questions about the Save for College Program on our Frequently Asked Questions page.
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.