Representatives of CalKIDS talk about the scholarship program available to more than 70% of Los Angeles County stdents in grades 2 through 12. The scholarship accounts offer families a first step toward their child’s future college education.
Courtesy photo
Wave Staff Report
LOS ANGELES — More than 70% of Los Angeles County public school students in grades 2–12 are eligible for a $500 CalKIDS Scholarship.
Launched in 2022 by the state and administered by the ScholarShare Investment Board, CalKIDS expands access to higher education by creating scholarship accounts for eligible students, offering families a simple and meaningful first step toward their child’s future education.
Students in foster care receive an additional $500, and students experiencing homelessness receive another $500, for a total scholarship worth up to $1,500, part of a $557 million investment already allocated to students in the region.
“Back-to-school is the perfect time to claim your CalKIDS Scholarship,” said California State Treasurer Fiona Ma. “These funds aren’t just dollars — they’re an investment in our children’s dreams and in California’s future. Every child deserves both the belief and the support to make their dreams real.”
CalKIDS Scholarships can be used at accredited colleges, universities, community colleges and career training programs across the country. Eligible education-related expenses include tuition and fees, books and school supplies and computer equipment.
Over time, CalKIDS Scholarship Account funds may earn extra money because they are set aside and invested until the student is ready for college or career training.
“CalKIDS has meant a lot to me because I was able to receive $527,” said Rosalia Juarez Soto, a UCLA student and CalKIDS scholarship recipient. “I used the money to help pay for food and cover a tuition-related bill. I felt emotional knowing that the money didn’t have to come out of my pocket or my parents’ pockets. It was a huge help and contributed to my education.”
Research shows that children with even modest education savings are three times more likely to attend college and four times more likely to graduate. By claiming a CalKIDS Account, families are taking a step toward building a path to higher education.
Claiming a scholarship is quick, easy, and can be done entirely online by visiting CalKIDS.org and clicking “confirm eligibility.”
“As our new school year begins, Los Angeles Unified is proud to support eligible students receiving a CalKids college savings account,” Superintendent Alberto Carvalho said. “Through this program, we encourage our families to seize the opportunity to support their children’s college and career readiness, and to be ready for the world.”
More than 630,000 students and families across California have already claimed their CalKIDS Scholarships. This school year is the perfect opportunity for L.A. County students and families to do the same and take an important step toward their future.
