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College Savings For Every City Kindergardener(英文)

此内容暂无简体中文译文,以下为英文原文。

Historical February–March 2016 article. Dates, prices, services and contacts describe the source period; current availability has not been established.

The 1:1 Fund is proud to announce its latest partner: St. Louis College Kids. Created under the leadership of St. Louis City Treasurer Tishaura Jones, the College Kids initiative will open a restricted college savings account for every child entering kindergarten in all St. Louis Public Schools and St. Louis City charter schools since fall 2015.

Each student will receive a $50 initial deposit, courtesy of funds made available through the Treasurer’s Office.

In addition, each student can earn “Smart Saver” matches: deposits will be matched dollar-for-dollar up to $100. Weekly perfect attendance bonuses: $1 per week during the school year, up to $50. Parents and guardians are also able to earn an additional one-time bonus of $50 by completing financial education courses in-person, online through Wells Fargo Hands On Banking and through a College Kids smartphone app. 1st Financial Federal Credit Union, a St. Louis-based credit union, will serve as the depository institution for the College Kids accounts. College Kids is now the ninth partner to join the 1:1 Fund, and with an expected 3,500 accounts to be opened this fall, will soon become one of the largest, joining San Francisco’s K2C program in the citysupported college savings movement.

The new partnership promises to bolster a new generation of children in St. Louis.

Originally published in The Times of Skinker-DeBaliviere, February–March 2016.

Read this article in the original newspaper issue.

Original source: SD_Times2016_02.pdf, printed page(s) 5; PDF page(s) 5.

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