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Who Can Participate?

Who is eligible to participate in the Save for College Program?

All families with kindergarten students enrolled in a NYC public school (including participating charter schools), are eligible to participate in the Save for College Program, no matter their income or immigration status.

Because the program was piloted in geographic School District 30 in Queens starting in 2017, all kindergarten through 4th grade families are eligible to participate from the 39 pilot schools in geographic School District 30.

If my child is eligible, what happens next?

Good news! If eligible, your child will be automatically enrolled in the Save for College Program unless you choose not to participate by “opting-out.” You do not have to do anything to enroll and receive a free NYC Scholarship Account.

If your child is joining the Save for College Program during the 2021-2022 school year, you can activate and view your child’s free NYC Scholarship Account with the initial $100 investment by NYC Kids RISE. Once you activate your child’s NYC Scholarship Account, you can complete other Building Blocks to earn additional rewards.

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 period takes place on a rolling basis beginning in the fall.

Where can I find more information about the Save for College Program?

Additional information and resources about the Save for College Program are available on the downloadable resources page.

If your child is already enrolled in the Save for College Program, click here to learn more about the foundational steps.

For more information, please contact NYC Kids RISE.

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.

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