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About CalKIDS

The California Kids Investment and Development Savings Program (CalKIDS) was launched in 2022 by the State of California with a clear mission: make it easier for more children to save for their future education.

Administered by the ScholarShare Investment Board, CalKIDS takes the initiative by automatically offering newborns and eligible low-income public school children in California an initial seed deposit, along with other potential financial incentives. This ensures that they can start their college and career savings journey right from the beginning.

*All CA newborns born on or after July 1, 2022


  • “This state program could help make college a reality for your child” — San Jose Spotlight | Read Online
  • “Cash for kids…”Spectrum| Read Online
  • “How California parents can access CalKIDS funds” — LA Times | Read Online
  • “California’s new college savings program to help millions of kids save for higher education” — KCRA 3 | Read Online
  • “California is giving millions of kids up to $1,500 for college or career training. Here’s how to get it” — Capitol Public Radio| Read Online
  • “California Officially Launches Nation’s Largest College Savings Program for Millions of Students and All Newborns” — Governor Newsom | Read Online