Tag Archives: Save for College

Save For College Program (opt-out process)

Dear PS 101 Families (Grades K-3),

As of the 2024–25 school year, all NYC Public School kindergarten, first, second and third grade students are automatically enrolled in the Save for College Program and receive an initial allocation of $100 in an NYC Scholarship Account. For more information, read the Save for College Program Intro Document.

Parents/guardians have the opportunity to opt out of receiving an NYC Scholarship Account. The opt-out date may differ between students and is based on when the student was enrolled in school. 

The initial opt-out period will take place November 4 – December 4 for the 2024-25 school year, and applies to all kindergarten students and any first, second or third grade students who enrolled in your school in late spring 2024. If a family opts out, they will not receive an NYC Scholarship Account, they will not receive the initial $100 allocation, and their student’s data will not be shared with NYC Kids RISE and the technology vendor VistaShare. 

Parents/guardians who want to participate in the Program simply take NO ACTION during the Opt-out Period.

During their 30-day opt-out period, parents/guardians who wish to change their child’s participation status by opting-out have two options:

  1. Parents/guardians can change their child’s participation status within the NYC Schools Account(Open external link) (NYCSA). This is the recommended way for parents to opt out, re-enroll or cancel. After logging in to NYCSA, the parent/guardian should look at the main screen with all of the tiles. The parent/guardian can click on the “Forms” tile, then click on the “view” button on the next page near “NYC Kids RISE Save for College Program.” After this they can review program information and will have relevant options available towards the bottom of the page.
  2. Parents/guardians can return a signed opt-out form to their child’s school for data entry into ATS within a defined 30-day period. The deadline will be printed on the opt-out notice and form. See below for more details. 

GK

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Kids Rise – Save for College

Dear Kindergarten, Grade 1 and Grade 2 Families:

School is an academic milestone, one of the many in your child’s journey! We want to remind you that your child has funds available for their educational future through the Save for College Program.

Your child’s NYC Scholarship Account has an initial allocation of $100, unless your family chooses not to participate by “opting-out.” 

You can increase these funds with an additional $25 reward for activating and viewing their account. You can view a step-by-step guide and a video to learn how to activate your child’s account, known as Building Block 1: https://nyckidsrise.org/get-started/activate-account/

You can view the Introductory Video, Program Basics, and Program FAQ for more information.

Once you activate your account, you can log in regularly and see how the balance changes over time. Take this important step so that we can all work together to save for your child’s future!

Please don’t hesitate to contact me at 1-347-563-4680 or via email at BLin9@schools.nyc.gov if you need support. I wish you all a wonderful school year ahead!

In partnership,

Ms. Bing Xing Lin

PS 101 Parent Coordinator

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Kindergarten and 1st Grade Parents: Save for College Program Opt-Out Process

Dear PS 101 Families,

As previously shared, every kindergarten and new grade 1 student is eligible to join the NYC Kids RISE Save for College Program in the 2022–23 school year, with kindergarten and newly-enrolled grade 1 families each receiving an initial $100 allocation within an NYC Scholarship Account. Families have 30 days to opt out if they do not want to be included in the program and have their student’s data shared with NYC Kids RISE and their technology vendor, VistaShare. To support this process, please review the following information and take appropriate action:   

Note that parents/guardians who wish to opt-out have two options: 

  • Opt out within their NYC Schools Account; or  
  • Return a signed opt-out form to their child’s school for data entry into ATS by November 30.  

Kindergarten and newly-enrolled grade 1 students who enroll after November 1 will still have the opportunity to receive an NYC Scholarship Account.

Save For College Opt Out Notice and Forms: 

GK

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Save for College Program Information

Dear Grade 1 Families:

Please remember to complete Building Block 1 for NYC Kids RISE Save for College Program!

Every student enrolled in the Save for College Program automatically receives an NYC Scholarship Account with an initial $100 from NYC Kids RISE, unless their family chooses not to participate by “opting-out.” You can earn more funds for your child’s NYC Scholarship Account by taking additional steps, the first of which is activating and viewing the account (Building Block 1). Activate and view your child’s NYC Scholarship Account now to earn a $25 reward: https://nyckidsrise.org/get-started/activate-account/

Kindly note, this activation will open for Kindergarten Families in the month of January.

You can view the Introductory Video, Program Basics, and Program FAQ for more information.

If you have any questions, you can contact Ms. Kipriadis at (718) 372-0221 ex. 3461.

Thank you for your cooperation.

Ms. Kipriadis

PS 101 School Counselor and Save For College Liaison

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