All About NYCKR
All public schools and charter schools of District 30 in Queens, New York
What are the participating schools in the NYCKR Save for College Program?
Each eligible child automatically receives $100 unless their family chooses not to participate
What is the Scholarship Account?
Open and connect your own college savings account
What is Building Block 2?
$25
What is the reward for completing each Building Block for new participants?
6
What is the number of CBOs partnered with NYCKR?
Each student who enters a District 30 school in kindergarten, first grade, or second grade (whose parents do not opt-out of the program)
What is a NYCKR participant?
Student ID (OSIS number)
Zip Code
Date of Birth
What is the information needed to complete Building Block 1?
Make the first $5 deposit into your new account
What is Building Block 3?
Small steps to big college dreams
What is the NYCKR slogan?
Jacob Riis Neighborhood Settlement, Sunnyside Community Services, Queens Community House
What are the CBOs that have projects directly related to school partners?
A scholarship and savings program for college and career training
What is the NYC Kids RISE Save for College Program?
Funds can be used only for higher education. This includes two-year and four-year colleges and other career training programs.
What can the money in the NYC Scholarship Account be used for?
This account comes with tax benefits
What is a 529 Account?
Contributions from community members (including local organizations and businesses)
What are other ways the NYC Scholarship Account can receive additional funds?
Astoria, Long Island City, Sunnyside, Jackson Heights, East Elmhurst, Woodside, Corona
What are the neighborhoods directly impacted by the NYCKR CBO Partnership Initiative?
Three
What is the number of Building Blocks?
Register to view your child’s NYC Scholarship Account
What is Building Block 1?
Deposits in this account are insured up to $250, 000
What is the College Savings Bank Account?
The scholarship account is owned by NYCKR and the savings account is owned by the parent/guardian who opens it
What is the difference between the scholarship and savings portion of the program?
Specific School Communities
Immigrant Families
Public Housing Families
What are the populations impacted by the NYCKR CBO Partnership Initiative?
Any family that does not Opt-Out of the Save for College Program receives an NYC Scholarship Account with an initial deposit.
What is the Seed Deposit?
$133
What is the average amount in the Scholarship Accounts?
You cannot and will not provide investment advice of any type, or tell families what you think they should or should not do regarding financial options
What is one thing you cannot do?
6,146
What is the total number of participants in the Program?
Employment
Financial Coaching
After School Programs
Summer Camp
Community School
Immigration
Community Organizing
What are the services offered through our CBO partners?