Learn About K2C Accounts

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Learn About K2C Accounts

The K2C account is a deposit-only, non-interest earning savings account with no fees or charges.  It is a restricted account intended for post-secondary (college, professional certification, undergraduate, or gratuate school) educational use. Only students entering a San Francisco Unified School District (SFUSD) school in grades K-6 receive a Kindergarten to College account. Accounts are custodial accounts owned by the City and County of San Francisco under its tax ID number, for the benefit of the student. The student is named as the beneficiary of his/her account.

Making Deposits

Making Deposits

Families can make deposits in the K2C account for their student’s benefit either in person (by visiting a Citibank Branch in San Francisco), online (through online bill pay), direct deposit through their employer, or by mail (by sending a check to K2C). Students, extended family, and friends can deposit funds also.

Deposits can be made with the student’s name and student’s account number in the following methods:

In Person at a local Citibank branch:

  • Cash - You will need to provide one valid government-issued photo ID and other identifying information.
  • Check or money order - You will only need your student's K2C Account number and name.

By Mail:

Make your check or money order payable to the student’s name and include his or her account number found on the Account ID Card in the memo section of the check. Send the deposit to:

Citi Youth Savings Accounts
P.O. Box 790020
St. Louis, MO 63179-9966

Direct Deposit:

Complete the Direct Deposit form (English | Español | 中文) and give it to your employer.

Bill Pay:

You can set up Bill Pay with any financial institution where you hold an account.

  1. Log into your bank’s online portal and go to the Bill Pay section. You can also call your financial institution for guidance on how to set up bill pay through them.
  2. Enter and save the Bill Pay merchant details as follows for all fields:
    • Merchant Name: Kindergarten 2 College Account
    • Account #: Enter the student’s 15-digit account number
    • Merchant Address: P.O. Box 790020 St. Louis, MO 63179-9966
    • Merchant Phone Number: 415-701-2311
  3. Follow the prompts to add the merchant and set up a one-time or recurring payment.

*Fees may be charged by other financial institutions for bill payment services

Once you have entered this merchant in your bank’s Bill Pay section, you will not have to enter the merchant’s information again and all payments will be sent electronically.

Download the brochure:  English | Español | 中文 | Vietnamese | عربى | Filipino

Withdrawals

Withdrawals

The K2C account helps make college a possibility for every student. As a result, incentives are for the purpose of and are distributed only when a student enters post-secondary education (college, professional certification, undergraduate, or graduate school).

A request to withdraw funds for post-secondary education or at the account’s maturity should be directed to the K2C Program Administrator at k2c@sfgov.org.

If a student does not attend post-secondary education, all contributions, gifts, and growth incentives will be released to the student at age 25. All other funds provided by the K2C program, including incentives and scholarships, will return to the K2C program. Students who serve in a national service program, such as the US Military, Peace Corps or AmeriCorps, may choose to increase the age at which they receive their funds one year for each year of service, to a maximum of five years or age 30.

In the case of a family emergency or other unforeseen circumstance, the student or parent/guardian may request an unqualified withdrawal of the funds in the K2C account. In such a case, the student or parent/guardian should contact K2C at k2c@sfgov.org to request a withdrawal form. An unqualified withdrawal forfeits all prior incentives related to contributions, except growth incentives.

If a K2C student is no longer enrolled in SFUSD, the account will remain open if there are any contributions in the K2C account. Any incentives or scholarships accrued while the student is enrolled in SFUSD will remain in the K2C account. However, the K2C account will not be eligible for any further incentives or scholarships. All other program rules still apply. If there are no contributions in the K2C account when a student leaves SFUSD, the account will be closed.


Withdrawals may take up to 28 days to process.

After Graduation

After Graduation

In order to receive all funds, funds must be used for post-secondary education (college, professional certification, undergraduate, or graduate school) and cannot be used outside of the U.S. If the student decides not to pursue post-secondary education before the age of 25, he or she can request the funds from the account. All funds with the exception of incentives will be paid to the student.

Lost Account Number

Lost Account Number

Look up a student’s K2C account number by going to www.k2csf.org and click on “Forgot Account?”

You may also request a new account card sent by mail, or account number reminder by email.

Complete and submit an Account Number Replacement Card form.

Program Rules

Understand the program rules, such as account information, deposit limits, and withdrawals.

English | Español | 中文

Change of Address

Change of Address

The SFUSD Change of Address form must be submitted in person by the parent/guardian to the Educational Placement Center 555 Franklin Street, Room 100. You must submit a separate form for each child.  English | Español | 中文

Program Rules

Program Rules

Understand the program rules, such as account information, deposit limits, and withdrawals.

English | Español | 中文