About San Francisco Kindergarten to College Program

A FOOT IN THE DOOR  was made possible by CFEDCiti Community Development and the San Francisco Office of Financial Empowerment.

About K2C

Spearheaded by the San Francisco Office of Financial Empowerment (SF OFE) in partnership with the Mayor’s Office and the San Francisco Unified School District (SFUSD), K2C began as a two-year pilot program in 2011. Today, every child entering kindergarten in the city’s public schools automatically receives a college savings account containing $50. Children in the National Student Lunch Program receive an additional $50 deposit. K2C encourages families to save by providing the following incentives:

  • $100 Match: K2C matches every dollar saved, up to the first $100.
  • $100 Save Steady: Earn an extra $100 when you save a minimum of $10 a month in your K2C account for six months in a row.

 

Support K2C

In partnership with the 1:1 Fund, Kindergarten to College is now raising dollars for these critical matching incentives.  Local business and foundation support will be critical to this process. By partnering with the 1:1 Fund, local supporters can make tax-deductible donations that will be used to encourage K2C students saving and striving for college. You or your organization can make a tax-deductible donation by:

Donations can also be accepted for Kindergarten to College via K2CFundraise.

Research/Reports

(Webinar) Kindergarten to College: Local Innovation, National Impact, SF Office of Financial Empowerment, July 2013.

Investing in Dreams: A Blueprint for Designing Children’s Savings Account Programs, Corporation for Enterprise Development (CFED), 2015.

Children’s Education Savings Accounts: A Case Study of San Francisco’s Kindergarten to College Program, EARN, March 2013.

Kindergarten to College (K2C): A First-in-the-Nation Initiative to Set All Kindergartners on the Path to College, New America Foundation, September 2011.