The CalKIDS program in California aims to expand access to higher education and encourage families to save for college.
Newborns born in California on or after July 1, 2022 are eligible for the program, with an automatic initial deposit of $25 in a college savings account.
School-aged students in grades 1-12 identified as low-income in California public schools are also eligible and receive an initial seed deposit and potential additional incentives.