The California Kids Investment and Development Savings Program (CalKIDS) was launched in 2022 by the State of California to help eligible California public school students with CalKIDS Scholarships worth up to $1,500—helping them take the next step toward college or career training by easing financial barriers to higher education. Administered by the ScholarShare Investment Board. External page, CalKIDS is the nation’s largest child development account program.
Eligible students can use their CalKIDS Scholarship Accounts for tuition and fees, books and supplies, and computer equipment. Since 2022, approximately $1 billion in CalKIDS Scholarships have been made available to more than 2 million of California’s public high school students.
Over half of California high school students have money waiting for them. CalKIDS awards up to $1,500 for eligible students who were in a California public school during the 2021 – 2022 academic year.
To be eligible, you must have been enrolled on the Fall Census Day and identified by the Local Control Funding Formula with that information reported to the California Department of Education
Check if you’re eligible in a few simple steps:
Additionally, all children born in California on or after July 1, 2022, will receive up to $175 in a CalKIDS Scholarship Account – serving as their first scholarship from the State of California.*
* Final scholarship amounts and financial incentives are subject to change and approval by the ScholarShare Investment Board.