The NYC Kids RISE Save for College Program
The NYC Kids RISE Save for College Program
NYC KIDS RISE LINK
The NYC Kids RISE Save for College Program provides families, schools, and communities with a way to work together to save for and invest in their children’s futures. It is a scholarship and savings program designed to make college and career training more accessible for public school students.
Who is qualified for this program?
Kindergarten students who:
- begin kindergarten during the 2021-22 academic year, and
- are enrolled in a participating school.
What do parents/guardians have to do to receive an allocation for their student?
Parents/guardians do not have to do anything to receive an NYC Scholarship Account. If the student is in one of the participating schools they will automatically be enrolled and receive an NYC Scholarship Account. Each NYC Scholarship Account comes with a $100 credit from NYC Kids RISE. Parents/guardians do not have to provide any money of their own to get this account.
How do parents/guardians opt out of the program?
Parents/guardians will have the opportunity to opt out of the program starting in November - December 31 To tell your school that you do not want your child to be enrolled in the Save for College Program, you must opt out within your NYC Schools Account within a 30 day period. The process for opting out will begin in November. There will also be an option to return a signed opt-out form. Detailed communications and guidance will be shared in late October.
