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$1,500 Free Money: California’s CalKIDS Program Boosts College Savings for Youngsters Born in 2022 and Beyond – Are You Eligible?

The CalKIDS program in California offers up to $1,500 to eligible families to help save for their children’s college education, providing financial support for various types of post-secondary education.

CalKIDS Program Offers Up to $1,500 for California Families to Save for College

According to The US Sun, the California Kids Investment and Development Savings Program, or CalKIDS program, is giving families up to $1,500 to help save for their children’s college costs. This program aims to make college more affordable for families in California by providing money to eligible newborns and young children. To qualify, children must live in California and have been born on or after July 1, 2022, with extra help available for some low-income families.

Since it started in 2022, the CalKIDS program has been encouraging parents to think about their children’s future education early, which can greatly increase the chances of kids going to college. Run by Noah Lightman, the program helps families save for tuition and covers all types of education after high school, including two-year and four-year colleges, private and public universities, and vocational schools.

READ ALSO: Make The 50/30/20 Budget Work For You: Adjusting To Reality

$1,500 Free Money: California’s CalKIDS Program Boosts College Savings for Youngsters Born in 2022 and Beyond – Are You Eligible? (PHOTO: CBS 8)

How to Claim Up to $1,500 for Your Child’s Education Through CalKIDS Program

To get the money, parents need to check if their child is eligible on the CalKIDS program website and create an account. They will need to provide information like the county where the child was born, birthdate, birth certificate number for newborns, or school details for current students. Once approved, families can receive payments from $175 to $1,500, depending on their financial situation and the child’s birth date, giving them important financial support for their education.

READ ALSO: My Safe Florida Home Program: Up To $10,000 In Grants For Hurricane-Related Home Upgrades

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