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Education $$ still available through CalKids program
KID $ pix
State Treasurer Fiona Ma, left, celebrates with newborn baby Anabelle as her mother claims her baby’s CalKIDS Scholarship. Photo Contributed

Stanislaus County families welcoming a new baby can also celebrate another milestone: their child’s very first scholarship. Through the California Kids Investment and Development Savings Program (CalKIDS), every child born in the state on or after July 1, 2022, automatically has a CalKIDS Scholarship Account waiting in their name — including more than $2 million in scholarship funds set aside for children in Stanislaus County alone.

CalKIDS is the nation’s largest children’s development account program, designed to support college and career training. For newborns and young children, the state invests up to $175 in a CalKIDS Scholarship Account:

● $100 for being born in California (babies born July 1, 2023 or later; $25 for those born between July 1, 2022 and June 30, 2023)

● $25 extra when parents claim the account online

● $50 extra for linking the account to a ScholarShare 529 College Savings Plan

That’s up to $175 already invested in a child’s future, long before applications, admissions essays, or financial aid forms come into play.

“At First 5 California, we recognize that supporting healthy development begins with a commitment to ensuring every child has the opportunity to thrive,” said Jackie Thu-Huong Wong, Executive Director of First 5 California. “CalKIDS is a powerful way to show families that their child’s future matters from the very beginning.”

With August, September, and October among the most common birth months in California, thousands of families are becoming newly eligible for a CalKIDS Scholarship. It’s a timely opportunity for parents to take an easy first step that can grow into a lifelong advantage for their child’s education.

Claiming is quick, easy, and free at CalKIDS.org. Parents and guardians just need three pieces of information:

● The county where their child was born;

● Their child’s date of birth;

● The 13-digit Local Registration Number (LRN) on the birth certificate, or the unique CalKIDS code mailed to their home.

Once claimed, families can log in anytime to view balances, link a ScholarShare 529 Account, and learn how funds can be used. Eligible expenses include tuition and fees, required books and supplies, and computer equipment at accredited higher education institutions nationwide.

Research shows that children with even small savings for higher education are three times more likely to attend college and four times more likely to graduate. Education is also one of the most powerful tools to break the cycle of poverty — a college degree can nearly double lifetime earnings. By giving every child in California a first scholarship, CalKIDS brings that opportunity to families from day one and makes the path to higher education more attainable.

Across California, CalKIDS is working with hospitals, county offices, and community partners like United Ways of California to ensure families know about this opportunity from the very beginning.

Since its launch in 2022, CalKIDS has become the largest child development account program in the country. In addition to newborns, CalKIDS also created accounts for over four million public school students, accounting for more than five million children total with CalKIDS Scholarship Accounts and $2 billion invested. More than 700,000 families have claimed their scholarships, turning possibility into action.

Families can learn more and claim their baby’s first scholarship today at CalKIDS.org.