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.
“Education is the gateway to opportunity for all California kids. Once a mind is stretched, it can never go back.”
—Gavin Newsom, Governor of California
*Please note that eligibility for low-income public school participants is defined by the Local Control Funding Formula.