Development Savings Program Cal News Today

The state is directly investing money for low-income students and all newborns to attend college. After two years, the program is still not widely known by the students who need the most financial assistance.

The state is directly investing money for lower-income students and all newborns to attend college. After 2 years, the program is still not widely known by the students who need the most financial assistance.

The most important stories for you to know today

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The California Kids Investment and Development Savings Program (CalKIDS) is a new program designed to jump-start education savings for California children.

The State of California is proud to announce the launch of the California Kids Investment and Development Savings Program (CalKIDS).

California has officially launched the nation’s largest college savings program for millions of students and all newborns.

This week the governor is expected to announce the launch of CalKIDS.

California State Treasurer Fiona Ma applauded Governor Gavin Newsom for allocating $500 million in state low-income housing tax credits.

State Treasurer Fiona Ma called Assembly Bill 132, signed by Governor Gavin Newsom, a “visionary plan and game-changer.” The bill implements the 2021-22 State Budget plan, which allocates $1.9 billion to fund college savings accounts of $500 each for 3.7 million low-income California public school students from first to 12th grade, starting in 2022. Students who are in foster care or are homeless will get an additional $500. “This inspiring and ambitious program takes aim at a persistent ...