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California’s Largest College Savings Program
All families of low-income public school students in California – 3.4 million across the state – can now access college savings accounts created in their children’s names, with seed investments of between $500 and $1,500. California launched the CalKIDS program on Wednesday. The largest college savings program in the country invests $1.9 billion into ScholarShare 529 college savings accounts for low-income children in grades one through 12, and for newborns born on or after July 1, 2022. For babies born after July 1, parents can register online. https://napavalleyregister.com/news/state-and-regional/california-launches-nations-largest-savings-program-to-help-millions-save-for-college/article_087a84d8-1c1a-11ed-a140-df2685d395ae.html