The State of California is proud to announce the launch of the California Kids Investment and Development Savings Program (CalKIDS). CalKIDS gives children in California a jump start on saving for college or career training. To be eligible for CalKIDS, participants must be:
– Born in California on or after July 1, 2022; or
– An eligible low-income public school student in grades 1-12* in California.
All participants receive a seed deposit in a CalKIDS account to help pay for future education after high school.
*Please note that eligibility for low-income public school participants is defined by the Local Control Funding Formula.
Who is eligible for a CalKIDS account?