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Learn More About CalKIDS College Savings Program Feb. 7

Learn More About CalKIDS College Savings Program Feb. 7

CalKIDS is a new state program that provides a financial jumpstart to all children in California with free money for college. 

To help families and others better understand the program and learn how to start saving for their student's college or career training, the San Diego County Office of Education is welcoming representatives from the State of California for a virtual webinar on Feb. 7. The webinar runs from 5:30 to 6:30 p.m.

Registration is required to receive the webinar link. 

CalKIDS stands for the California Kids Investment and Development Savings Program. It provides up to $1,500 in free money for college to eligible public school students. CalKIDS can help families boost their children's college savings and increase access to higher education.

CalKIDS children’s savings account program is administered by the ScholarShare Investment Board, an agency of the State of California chaired by the state treasurer.

More about CalKIDS

  • The program provides each child born in California and eligible low-income public school students with a CalKIDS account and a seed deposit to jumpstart their savings for higher education.
  • Enrollment in CalKIDS is automatic. Eligible participants are identified by data received by the California Department of Public Health and the California Department of Education. No action or financial commitment is required of families to participate.
  • To ensure your child receives the money, you must register on the program’s online portal. The registration process does not require you to disclose any taxpayer identification numbers.
  • Eligible newborns receive up to $100 and K-12 students can receive up to $1,500 with students identified as low-income, foster youth, or experiencing homelessness eligible for additional funding.
     

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