The city is launching an expansion of the community-driven NYC Kids RISE Save for College Program that had its genesis in the schools of western Queens over the past decade.
Starting this year, every kindergartener enrolled in a New York City public school will have access to an NYC Scholarship account, with $100 invested toward their future education and up to $200 in rewards.
“Here in western Queens we have been a springboard for the pioneering Save for College Program that has not only provided college savings accounts for more than 13,000 of our students, but also brought our neighborhoods together to support our children,” Councilman Danny Dromm said. “With the rising costs of higher education, and the importance of building assets for college and career training as a strategy to help reduce educational and wealth disparities, the NYC Kids RISE Save for College Program offers a meaningful part of the solution.”
