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College Kids Children’s Savings Account program!- Lunch and Learn
April 15 @ 12:00 pm - 1:30 pm
Ellen O’Neill from the St. Louis City Treasurer’s office is coming to Justine Petersen to present on the College Kids Children’s Savings Account program!
Lunch will be provided!
In 2015, the City of St. Louis Treasurer’s Office launched their largest and most ambitious financial empowerment program to date: the College Kids Children’s Savings Account program.
Every kindergarten student in a St. Louis public school receives a savings account from the Treasurer’s Office with a $50 deposit. Families can watch the account grow through efforts and incentives such as matched savings, attendance bonuses, and parent participation in financial education courses.
Research shows that children with less than $500 saved are three times more likely to enroll in college and four times more likely to graduate from college than children without college savings accounts.
The money for College Kids comes from residual parking revenue and charitable donations. So, if you have ever received a parking ticket, parked at a meter or in one of the city owned garages in St. Louis, you helped send a kid to college!
RSVP to 314-533-2411 ext.103