Rewards for Saving

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Rewards for Saving

Incentives are funds that a student in the K2C Program can earn by participating in the program and completing certain requirements. The current incentives for the K2C Program are:

  • $50 Initial Incentive. A K2C account is opened for each eligible student when starting kindergarten, containing an initial incentive of $50 from the City and County of San Francisco.
  • $10 Save Monthly Bonus. Any month you save at least $10, be rewarded with an immediate $10 bonus. You are eligible to receive a total of $60 for any six months of saving. This incentive expires the end of the third school semester after the account was opened. 
  • $10 Save Now Bonus. A one-time bonus of $10 if you make the first deposit in the student’s account by the end of the school semester the account was opened. Note: due to opening delays, account opened Fall, 2018 will have until January 31, 2019 to receive this incentive.
  • $20 K2C Account Registration Bonus: If you register on the K2C portal to view your student's account activity, your student will receive a $20 bonus in their account. This incentive is available for all K2C account holders who have not yet registered their account on the K2C portal.
  • Growth Amount: Your child’s account will receive funds based on interest earned by K2C on the contributions made by the students/family into the account. 
     

Please allow up to a month for incentives to appear in your child's K2C account. Incentives are conditional and depends upon attendance in post-secondary education.  Other incentives may become available in the future. Certain incentives may require a signed Release of Information form.