SACRAMENTO – On Aug. 16, all families of low-income public school students – 3.4 million across the state – can now access college savings accounts created in their children’s names, with seed investments of between $500 and $1,500. The CalKIDS program, launched Aug. 16, invests $1.9 billion into accounts for low-income school-age children in grades 1-12 and for newborn children born on or after July 1, 2022.
Find out if you’re receiving money HERE.
Up to $1,500 for 3.4 Million School-Age Children:
Up to $100 for Newborn Children:
Californians can begin accessing their accounts via the online portal now. In the coming months, CalKIDS will send notification letters to qualifying children and families with more information.
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