10,000 NYC Kids To Get College Savings Accounts
Some 10,000 New York City children will start kindergarten with $100 in a college savings account thanks to a public-private partnership to boost the number of students attending college.
Under the three-year pilot program announced Tuesday, 3,500 kindergartners will get so-called 529 college savings accounts next fall. Another 3,500 kindergartners will get the accounts in the fall of 2018 and a third group in the fall of 2019.
Families that meet savings benchmarks will get up to another $200 in matching funds.
This article appeared in print on page 40 of edition of Hamodia.
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