CalKIDS is a California state program that helps children save for college or career training after high school. Participants receive a CalKIDS college savings account with an initial deposit of up to $1500 already in it.
To be eligible for CalKIDS, participants must be:
- Born in California on or after July 1, 2022; OR
- An eligible low-income public school student in grades 1-12 in California.
Under the CalKIDS program, over 3 million California kids now have a college savings account in their name. Research shows that children with higher education savings accounts are more likely to go to college and graduate than children without any savings. CalKIDS is a program that can provide parents/caregivers with a starting point to save for their children’s education so they can have a better future.
Visit calkids.org to learn more and activate your account!