Corona elementary school students benefi t from
contributions to their college savings accounts
BY BILL PARRY
Nearly 250 first- and secondgraders
at PS 27 in Corona will
benefit from new scholarship
funds to support their college
and career access after members
of NYC Kids RISE delivered
a $15,000 grant for the students’
Save for College Program.
These children are part of a
group of 6,600 students enrolled
in the program across School
District 30 in which each student
automatically receives an NYC
Scholarship Account invested
in a 529 college savings plan.
“Investing in our children in
investing in our future and there
is no better way of doing so than
supporting access to college and
career training, regardless of
their immigration status or income,”
City Councilman Francisco
Moya said. “I was proud to
join the PS 92 community, our
superintendent, school and parent
leaders, and students, to celebrate
the limitless possibilities
for these students.”
NYC Kids RISE and the community
have deposited more
than $1.1 million into the student’s
accounts to date. At PS 92
alone, families and the community
have come together to build
more than $60,000 in savings for
these 248 young students’ future
college and career training expenses.
“Knowing that the whole
community is working together
to ensure economic success for
all students goes a long way,”
NYC Kids RISE Executive Director
Debra-Ellen Glickstein said.
“By joining together to support
the education and career training
of our young people, we are
letting students know that we
believe in them and their futures.”
District 30 includes the
neighborhoods of Astoria, East
Elmhurst, Long Island City,
Sunnyside, Woodside and Jackson
Heights in addition to Corona.
“District 30 is the first school
district to launch the Save for
City Councilman Francisco Moya (c.) visits with educators and families
at PS 92 in Corona during its community scholarship event.
College Program with NYC
Kids RISE,” School District 30
Community Superintendent Dr.
Phillip Composto said. “Together,
we are using this program to
enhance the college- and careergoing
culture at each of our 30
elementary schools, toward the
goal of post-secondary readiness
for all of our students.”
Each NYC Scholarship Account
was opened with a $100
seed investment from the nonprofit
Courtesy NYC Kids RISE
NYC Kids RISE, with
additional opportunities for
matching funds and contributions
from organizations, businesses,
and community members.”
“As a parent, I always wanted
my kid to survive and thrive
and did what I could to provide
opportunities, resources and
support that would set him up
for success,” College Opportunity
Fund Advisor Lisa Cowan
said. “At the same time, it is
glaring that not every kid has
the same opportunities. Our nation’s
higher education system
is just one of many places where
we see stark inequality of access
to opportunity by race, income
and neighborhood.”
Following the presentation
of the scholarship contribution,
an expert panel discussed how
families can prepare for college
or career training at an early
age.
“I’m proud that our school is
one of the founding schools participating
in the NYC Kids RISE
Save for College Program,” PS
92 Principal Pasquale Baratta
said. “When I see our students
enter school every day, I think of
the potential for greatness possessed
by each and every one of
them, regardless of background
or circumstances. The Save for
College Program and this latest
investment by the College Opportunity
Fund play a vital role
in showing children that they
can and should dream big.”
They count on you,
So count on us to
keep you going.
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