Your College Savings Account
Making a First Deposit into Your Connected
College Savings Account
Once you have opened your own college savings account and connected it to your child’s NYC Scholarship Account, you’re ready to start saving with the Save for College Program.
Saving for college is an important piece of a family’s overall financial plan—but it’s not the only part. The amount of money that makes sense to save for college is different for every family. The good news is that no amount is too large or too small when you start saving early! Starting to save when your child is young can make a big difference by the time your kindergartner is ready for college.
Deposit at least $5 into your connected college savings account before June 26, 2018, and NYC Kids RISE will deposit another $25 into your child’s scholarship account.
Remember, this is just the beginning of our long-term partnership to save together for your child’s future. The most important part is getting started.
Ready to start saving?
Below are some tips to consider when planning for your first deposit and ongoing deposits.
For more information on how to make deposits into your college savings account, visit nyckidsrise.org/options/more-info.