529 College Savings Programs
We’re excited to share two important programs that support your child’s future education: CalKIDS and Opportunity L.A. These programs provide free, automatic college savings accounts to help families prepare for higher education costs.
What is CalKIDS?
CalKIDS is a statewide college savings initiative created by the State of California.
- Every eligible public school student in grades 1–12 receives a $500 seed deposit in a state-funded savings account.
- Students who are foster youth or experiencing homelessness may receive additional funds.
- The savings are held in a 529 college savings plan, which can be used for tuition, books, supplies, and other higher education expenses.
What is Opportunity L.A.?
Opportunity L.A. is the City of Los Angeles’ companion program, offered in partnership with LAUSD and Citibank.
- Every LAUSD first grader receives a savings account with Citibank, managed by the City of Los Angeles.
- Families can grow the account through incentives, community programs, and financial education opportunities.
How Do I Access My Child’s Account?
For CalKIDS
- To check eligibility and access your child’s account, you will need their Statewide Student Identifier (SSID).
- Complete this Google Form: Request Your Student’s SSID, or return the paper form that will go home the week of September 8th with your student.
- Once we verify, we’ll send your child’s SSID home.
- Use the SSID to look up your child’s account on the official CalKIDS website.
For Opportunity L.A.
- If your child is an LAUSD first grader, their account is automatically created.
- Families will receive account information directly from Opportunity L.A. and Citibank.
- To learn more, visit https://communityinvestment.lacity.gov/opportunity-la