“California is telling our students that we believe they’re college material �– not only do we believe it, but we’ll also invest in them directly.”��- Gavin Newsom, California State Governor

1. Source: (Elliott, W., Song, H-a, & Nam, I. (2013). Small-dollar children’s saving accounts and children’s college outcomes by income level. Children and Youth Services Review, 35 (3), p. 560-571).

Lifecycle of a CalKIDS Account

Eligibility & Register

Link

Distribution

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Who is Eligible for CalKIDS?

CalKIDS accounts are awarded to two groups:

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Eligibility – Low-Income Students

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• Student information provided by the California Department of Education (LEA CALPADS)

Eligibility – Determination Timeline for Students

• Academic Year 2021 – 2022

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• Eligible 1^st – 12^th grade students

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• Fall Academic Census Day for the 2021-2022 school year

• Academic Year 2022 – 2023 and subsequent years

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• Eligible 1^st graders*

• Fall Academic Census Day of 1^st grade school year

*Allow until spring/summer for 1^st graders to be enrolled in the program.

CalKIDS Awards – Low-Income Students

The State of California awards eligible low-income student CalKIDS participants the following deposits in a CalKIDS account, as applicable:

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• $500 automatic deposit for each eligible low-income student
• $500 additional deposit for each eligible low-income student identified as a foster youth
• $500 additional deposit for each eligible low-income student identified as homeless

What is Needed to Register a �Student Account:

1. Statewide Student Identifier (SSID) or Unique CalKIDS code
2. Student’s date of birth
3. Name of the County where the student was enrolled on Fall Academic Census Day*

*Fall Academic Census Day falls on the first Wednesday of October of the academic year. In subsequent years after the 2021-22 year, only eligible 1^st-grade students are added each year.

Qualified CalKIDS Expenses

The funds in your CalKIDS account can be used to pay for qualified higher education expenses, such as:

• Tuition and related fees
• Books and required supplies
• Certain room and board costs
• Computer equipment

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Counselor Next Steps

Help students and families claim eligible student accounts (Up to $1500)

• Low Income-CALPADS- $500
• Foster Youth- $500
• Homeless- $500

www.Calkids.org

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How

1. Identify eligible students (Low Income, Homeless, Foster Youth)
2. Provide students with SSID
3. Help K-12 students and families set up log-in and PW to claim their account

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www.Calkids.org

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Strategies

1. Schoolwide Homeroom (7-12) after sending letter to parents
2. Incorporate in financial aid workshops (11-12)
3. Back-to-school night for younger students and families
4. Community Events

www.Calkids.org

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Currently

154,000 students eligible in Fresno County

7,500 accounts have been claimed

For More information or for a school presentation contact

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Dr. Jeffrey Hunt

Director of Charter Schools

Fresno County Superintendent of Schools

jhunt@fcoe.org