Kindergartners at P.S. 91 The Albany Avenue School in East Flatbush recently celebrated both their moving-up ceremony and the progress each child has made through the NYC Kids RISE Save for College Program.
More than 60 kindergarten through second grade students at P.S. 91 have NYC Scholarship Accounts with approximately $15,000 invested for their college and career future thanks to the NYC Kids RISE Save for College Program, according to a news release.
This includes a contribution through the P.S. 91 The Albany Avenue School Alumni Community Scholarship 2023, organized by Paul Forbes, an alumus of the school, to support the college and career futures of students at his former elementary school, as part of the Inaugural NYC Public School Alumni Community Scholarships.
Through the program, nearly every kindergarten, first and second-grade student in NYC public schools has a free NYC Scholarship Account starting with an initial $100 for college and career training. Funds in children's NYC Scholarship Accounts are invested by NYC Kids RISE in a 529 account. Families have opportunities to receive additional rewards by completing foundational steps in the Program and Community Scholarships for their child’s account over time.
Citywide, more than 200,000 elementary school students have NYC Scholarship Accounts with more than $30 million invested for their future college and career training.
Forbes spoke at the celebration and encouraged parents and guardians of students in kindergarten, first, and second grade to activate and view their students’ NYC Scholarship Accounts to receive their first additional $25 reward.
To learn more about NYC Kids RISE, families can reach out to their school, email NYC Kids RISE at info@nyckidsrise.org, or call the NYC Kids RISE hotline at 833-543-7473.
