Through CalKIDS, children in California have the opportunity to get a jump start on saving for college. Newborns and eligible low-income public school students are automatically enrolled and given a CalKIDS college savings account with an initial deposit between $25 and $1,500. There is no need to apply and no requirement that families make any kind of financial commitment. Families also have the option to contribute, if they would like, through a ScholarShare 529.
CalKIDS savings can be used for qualified higher education expenses like tuition, books, computer equipment, supplies, and more at thousands of eligible schools nationwide and even some abroad.
Visit www.CalKIDS.org today to learn more about eligibility, register for the program, and get started on your savings!
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