School districts must inform students, families about free money for college

Starting this school year, school districts must provide information about CalKIDS, the California Kids Investment and Development Savings program, which creates college savings accounts and deposits between $500 and $1,500 for eligible students, according to a fiscal report by School Services of California.

The new requirement to inform students and families about the interest-bearing accounts was a provision added for the program in the recently enacted state budget, the fiscal report said.

The requirement should raise much-needed awareness about the program among families…

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