Boston Saves, the children’s savings account program from the City of Boston and Boston Public Schools (BPS), is making a special New Year’s offer to families of BPS K2-2nd grade students. Families who log in to the program’s online savings platform for the first time by January 31 will earn an extra $25 for their child’s Boston Saves account. This is in addition to the $50 that automatically comes in every account, and any other incentives they may earn.

The money in a Boston Saves account can be used to pay for a student’s college or career training when they finish high school. Research shows that low-income children with less than $500 in an account dedicated to higher education were three times more likely to enroll in college and four times more likely to graduate from college. 

Read the BPDA press release to learn more.

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