Extended Deadline for Families to Opt-out of Save for College Program
To: All Kindergarten Families
RE: Extended Deadline for Families to Opt-out of 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.
Kindergarten families who do not wish to have their child’s data shared with NYC Kids RISE MUST OPT OUT of the Save for College Program; the deadline for families to opt out has been extended to December 31.
You can opt out in two ways:
1. Opt out in your NYC Schools Account ( quickest way)
2. Send back a signed opt out form to your school
English opt out form: https://infohub.nyced.org/docs/default-source/default-document-library/district-opt-out-notice-and-form
Chinese opt out form:
Spanish opt out form:
Arabic opt out form:
Parents who do want to receive the NYC Scholarship Account associated with the program should take no action at this time. For families that do not opt-out during this period, NYC Kids RISE will send a welcome kit in early 2022 advising families that the account is established.
For more information concerning the NYC Kids RISE program please visit this link: https://infohub.nyced.org/in-our-schools/programs/nyc-kids-rise-save-for-college-program