A Staten Island charter school is taking active steps to prepare its students for college, starting as early as kindergarten. New World Preparatory Charter School in Port Richmond is helping families open college savings accounts through the NYC Kids RISE Save for College Program, a citywide initiative managed by a New York-based nonprofit.
Earlier this year, the school hosted a celebration and workshop for parents and guardians. The goal was to guide them in opening and accessing NYC Scholarship Accounts for their children. The event was led by Mildred Curley, the school’s family coordinator, who helped families navigate the process and explore the benefits of the program.
The NYC Kids RISE Save for College Program works in partnership with the New York City Department of Education. It gives students from kindergarten through third grade in public and participating charter schools access to scholarship accounts. Each account is tied to a 529 college savings plan and includes an initial $100 deposit. Families can choose not to participate, but if they do, they can earn more through early rewards and community contributions.
As of January, more than $42 million has been invested in NYC Scholarship Accounts, according to NYC Kids RISE. These funds include Community Scholarships — pooled contributions from local businesses, organizations, and residents who support a child’s path to higher education.
Participation is automatic for all students in eligible grades, regardless of family income or immigration status. Parents just need to activate the account to begin.
At New World Preparatory Charter School alone, 291 students have scholarship accounts. So far, over $29,400 has been saved for their future education.
During the workshop, families learned how to earn up to $175 in additional rewards. By completing certain steps — such as activating the account, opening a personal college and career savings account, and contributing in ways that suit their budget — families can grow their savings and build a strong foundation for their children’s future.
The school’s efforts show that even small steps taken early can help students get a head start on reaching their college and career dreams.
