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1. nyckidsrise.org › frequently-asked-questionsNYC Kids RISE | Frequently Asked Questions

   nyckidsrise.org › frequently-asked-questions

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   Unlike the NYC Scholarship Account that is owned and managed by NYC Kids RISE for your child’s future education, your family owns your connected account. You, your relatives, and your friends can contribute directly to this account.

2. People also ask

   Who owns & manages my Child's NYC scholarship account?

   • NYC Kids RISE owns and manages your child’s NYC Scholarship Account (including contributions made through Community Scholarships). This means that only NYC Kids RISE can put money into that account.

   NYC Kids RISE | Open Your Own College Savings Account

   nyckidsrise.org/get-started/open-savings-account/

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   Does NYC kids rise have a scholarship account?

   • Only NYC Kids RISE can allocate funds into NYC Scholarship Accounts. Community members (including local organizations and businesses) can contribute to NYC Scholarship Accounts through Community Scholarships. NYC Kids RISE will put additional rewards toward this account as you complete each Building Block.

   NYC Kids RISE | Activate Your Child's NYC Scholarship Account

   nyckidsrise.org/get-started/activate-account/

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   What happens if a student doesn't claim a NYC scholarship account?

   • If a student in the NYC Kids RISE Program does not claim their scholarship account funds within 20 years after completing kindergarten,\ then those funds will go back to NYC Kids RISE to support future students.

   NYC Kids RISE | Frequently Asked Questions

   nyckidsrise.org/frequently-asked-questions/

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   Can a NYC scholarship account be used for a child with disabilities?

   • NYC Scholarship Account funds cannot be used for kindergarten through grade 12 expenses, including those that qualify under federal law. However, NYC Kids RISE is exploring ways to transfer the funds into an NY ABLE account for students with disabilities at the time of distribution.

   NYC Kids RISE | Frequently Asked Questions

   nyckidsrise.org/frequently-asked-questions/

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3. nyckidsrise.org › get-started › activate-accountNYC Kids RISE | Activate Your Child's NYC Scholarship Account

   nyckidsrise.org › get-started › activate-account

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   Important Facts. This account is owned and managed by NYC Kids RISE, and the money in this account is for your child’s college and career training. The money is invested in a NY 529 Direct Plan, which is a type of investment account specifically created for college and career savings.

4. www.schools.nyc.gov › learning › student-journeyNYC Kids RISE Save for College Program - New York City Public ...

   www.schools.nyc.gov › learning › student-journey

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   NYC Kids RISE, a nonprofit organization, owns and manages the scholarship funds on behalf of participating students. NYC Kids RISE invests the funds in the NY 529 Direct Plan, a type of investment account specifically created for college and career savings that can be used for a variety of higher education expenses.

5. www.silive.com › parents › 2024NYC parents: Don’t forget to activate your child ... - silive

   www.silive.com › parents › 2024

   Feb 3, 2024 · NYC Kids RISE owns and manages the scholarship funds on behalf of participating students and invests the funds in New York’s 529 College Savings Program Direct Plan, a type of investment...

6. www.bers.nyc.gov › site › equityOver 70,000 New York City Kindergartners and First Graders ...

   www.bers.nyc.gov › site › equity

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   New York, NY—NYC Kids RISE, the NYC Department of Education, the NYC Mayor's Office of Equity, City officials, and partners announced today that more than 70,000 new students across the city have been enrolled in the Save for College Program, and their families can now activate and view their new NYC Scholarship Accounts at nyckidsrise.org ...

7. nyckidsrise.org › get-started › open-savings-accountNYC Kids RISE | Open Your Own College Savings Account

   nyckidsrise.org › get-started › open-savings-account

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   NYC Kids RISE owns and manages your child’s NYC Scholarship Account (including contributions made through Community Scholarships). This means that only NYC Kids RISE can put money into that account.

8. infohub.nyced.org › in-our-schools › programsNYC Kids RISE Save for College Program - infohub.nyced.org

   infohub.nyced.org › in-our-schools › programs

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   NYC Kids RISE, a nonprofit organization, owns and manages the scholarship funds on behalf of participating students. NYC Kids RISE invests the funds in a New York 529 College Savings Program Direct Plan, a type of investment account specifically created for college and career savings that can be used for a variety of higher education expenses.