Dearest Kindergarten Families,
We are so excited to have the Save for College Program as part of our school, thanks to our partnership with the nonprofit NYC Kids RISE. https://nyckidsrise.org/save-for-college-program/
All Kindergarten Families citywide can participate in the NYC Kids RISE Save for College Program: a scholarship and savings program that provides families, schools, and communities with a way to work together to invest in their children’s futures.
This opt-out program is available to kindergarten students, no matter the family’s income or immigration status. Take a look at this short video at https://www.youtube.com/watch?v=4Pe9OjxJS34&t=2s with more information about the program.
This program has two parts: Scholarship and Savings. To get every family started, your child will be automatically enrolled in this program and receive an NYC Scholarship Account with a free $100 initial deposit from NYC Kids RISE. Programs like these are more important than ever in supporting families with resources to create a financial foundation for students’ educational futures.
To learn more, check out this short Save for College Program video [link forthcoming] and the attached materials.
If you want to participate you don’t have to do anything since it’s an opt-out program. This means that your child will automatically be enrolled as long as you TAKE NO ACTION during the upcoming opt-out process.
What’s next? After your 30 day opportunity to opt out is over, if you have chosen to stay in the program, your child’s NYC Scholarship Account will be funded and opened by NYC Kids RISE. You will then receive information about how to activate and view the account from NYC Kids RISE. We will share information and host events throughout the year about the program and how we can work together as a community to save and plan for your child’s future.
If you have any questions, contact our parent coordinator. You can also call NYC Kids RISE at 833-543-7473 or email info@nyckidsrise.org.
Sincerely,
PS 130 Hernando De Soto (Manhattan)
