NYC Kids RISE Save for College Program

As part of his Juneteenth Economic Justice Plan, Mayor de Blasio announced the citywide expansion of the Save for College Program to all kindergarten students starting September 2021. In partnership with our nonprofit partner, NYC Kids RISE, this free program will provide incoming kindergarten students with NYC Scholarship Accounts including the first $100 credit into each account, opportunities to earn additional rewards and access to Community Scholarships, as well as supporting financial education and college and career readiness activities.

Since the Save for College Program began as a pilot in 2017, 96% of all eligible students (~13,500 first through fourth graders) now have a NYC Scholarship Account for their educational futures. Visit the Save for College Program Pilot website to learn more about the pilot phase of the Save for College Program.

Who is qualified for this program?

Kindergarten students who:

  • begin kindergarten during the 2021-22 academic year, and
  • are enrolled in a participating school.

Grade 1-4 Students who:

  • are enrolled in a participating pilot school

Participating Pilot Schools

Participating Pilot Community School District 30 Schools

  • P.S. 002 Alfred Zimberg
  • P.S. 011 Kathryn Phelan
  • P.S. 017 Henry David Thoreau
  • P.S. 069 Jackson Heights
  • P.S. 070
  • P.S. 076 William Hallet
  • P.S./I.S. 78Q
  • P.S. 084 Steinway
  • P.S. 085 Judge Charles Vallone
  • P.S. 092 Harry T. Stewart Sr.
  • P.S. 111 Jacob Blackwell
  • P.S. 112 Dutch Kills
  • P.S. 122 Mamie Fay
  • P.S. 127 Aerospace Science Magnet School
  • P.S. 148 Queens
  • P.S. 149 Christa Mcauliffe
  • P.S. 150 Queens
  • P.S. 151 Mary D. Carter
  • P.S. 152 Gwendoline N. Alleyne School
  • P.S. 166 Henry Gradstein
  • P.S. 171 Peter G. Van Alst
  • P.S. 212
  • P.S. Q222 - Fire Fighter Christopher A. Santora School
  • P.S. 228 Early Childhood Magnet School of the Arts
  • P.S. 234
  • P.S. 280
  • The 30th Avenue School (G&T Citywide)
  • East Elmhurst Community School
  • The Woodside Community School
  • P.S. 384
  • P.S. 398 The Héctor Figueroa School

Participating Pilot District 75 Schools

  • The Riverview School (P277 @ Q76 and P277 @ Q78 sites only)
  • P255 ( Q397 site only)
  • P4 (Skillman site only)

Participating Pilot Charter Schools

  • Academy of the City Charter School
  • Growing Up Green Charter School
  • Our World Neighborhood Charter School
  • Renaissance Charter School
  • VOICE Charter School of New York

How is the account created?

NYC Kids RISE will create an account in each student’s name if and when they receive information from the DOE about each participating student and their parent/guardian(s).

What information will be shared if a student takes part in the scholarship portion of the program?

The DOE will only share what is known as “Directory Information” about students and their parents/guardians.

Directory Information for Students Includes:

  • A student identification number unique to the program
  • Full name
  • Birthdate
  • Home address
  • Whether the home address changes
  • Home phone number
  • School name
  • Current grade level
  • Language(s) spoken at home
  • Transfers made to other schools, if any, both inside and outside the NYC public school system

Directory Information for Parents Includes:

  • Parent identification numbers unique to the program
  • Full name
  • Email address
  • Cell and/or other phone number

Who gets the Directory Information?

NYC Kids RISE and VistaShare, a data management company.

How can NYC Kids RISE and VistaShare use it?

They are only allowed to use or share Directory Information to run and evaluate their program. Neither organization is allowed to sell, use, or share the Directory Information for advertising, marketing, or other commercial purposes. In fact, they need our approval before sharing Directory Information with anyone else.

What rules are there about sharing student information?

A federal law called the Family Educational Rights and Privacy Act prevents the DOE from sharing a student’s personally identifiable information without permission from a parent or guardian. However, unless parents/guardians tell us not to, the DOE can share Directory Information about them and their student

If you are looking for opt out information, please continue to the “How do Parents/Guardians opt out of the Program?” section.

What do parents/guardians have to do to receive an allocation for their student?

Parents/guardians do not have to do anything to receive an NYC Scholarship Account. If the student is in one of the participating schools they will automatically be enrolled and receive an NYC Scholarship Account. Each NYC Scholarship Account comes with a $100 credit from NYC Kids RISE. Parents/guardians do not have to provide any money of their own to get this account.

Can a student receive funds from NYC Kids RISE and not share their information?

Unfortunately, no. NYC Kids RISE and VistaShare need that information in order to run the scholarship account portion of the program.

How do parents/guardians opt out of the program?

Parents/guardians will have the opportunity to opt out of the program starting in November. To tell the DOE that you do not want your child to receive an NYC Scholarship Account allocation, parents must opt out within the NYC Schools Account within a 30- day period. The process for opting out will begin in November. There will also be an option to return a signed opt-out form. Detailed communications and guidance will be shared in late October.

I have a question that hasn’t been answered. Where can I find more information?

More guidance and communications will be available in the coming weeks on this page and through your school leaders.

Email savingtogether@schools.nyc.gov with questions.

Call our nonprofit partners at NYC Kids RISE at 833-543-7473 or email them at info@nyckidsrise.org if you have questions about:

  • The types of investments the account uses
  • Matching money
  • Qualification
  • Other program-related questions
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