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Mayor Eric Adams announced Friday that New York City and the <a href="https://www.schools.nyc.gov/learning/student-journey/college-and-career-planning/nyc-kids-rise-save-for-college-program">NYC Kids RISE program</a> will put $100 into the college savings account for every kindergartener attending a public city school.

The contribution comes after the city announced every kindergartner and their families will receive access to a <a href="https://nyckidsrise.org/get-started/activate-account/">New York City Scholarship Account.</a>

News 12's Noëlle Lilley has more on the story.

<b>MORE:&nbsp;</b><a href="https://bronx.news12.com/mayor-adams-kindergartners-in-nyc-receive-scholarship-account-for-college-career-training">Mayor Adams: Kindergartners in NYC receive scholarship account for college, career training</a>

Mayor Eric Adams announced Friday that New York City and the NYC Kids RISE program will put $100 into the college savings account for every kindergartener attending a public city school.

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City, NYC Kids Rise to donate $100 for every kindergartener's college savings account

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Krista thank you. Well, back here in the Bronx now it's an investment in some of our youngest new Yorkers. As today, the city making a major announcement to help parents save for Children's Future College fund News twelve's Carmen Grant has a story from Bay Chester Academy where community leaders and the mayor kicked off the event. The city is helping the families of these young students financially prepare for college by expanding the safer college program. And this is a great moment for our city. This month marks the first ever NYC scholarship month for the country's largest public school system, which is investing in these young scholars. In recognition of the milestone, The city is putting $100 into the safer college accounts for every Kindergartner, including students attending charter schools, educators are encouraging parents to activate the accounts. They will earn an additional $25 for their scholarship account and then there's an additional steps that that families can take to earn an additional up to $200 precious obey today says she started saving for college. When her two young sons, Jacob and Nathaniel were born. She says the city's investment will help add to her growing savings. I have a program through my life insurance and I already have 529 and I'm going to connect it to this account because I wanted to support from the city and my community to help me put my kids ahead in life A little over 65,000 kindergartners. Citywide will be getting the startup. College money Kindergartners next year are also slated to receive the college accounts as part of a continuing collaborative effort between the city, the Department of Education and NYC Kids Rise officials say. This year's investment of a $6.5 million commitment will help parents established a college fund and support those who are already saving. This program is really rooted in ensuring that Children in new york have a better chance of going to college and starting careers. By having this initial investment, parents can access the college savings account starting today, reporting outside of PS 1 69 Karmann Grant News 12.

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