8
QUEENS WEEKLY, OCTOBER 20, 2019
Corona elementary school students benefi t from
contributions to their college savings accounts
BY BILL PARRY
Nearly 250 first- and second
graders 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 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
career-going 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 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.”
City Councilman Francisco Moya (c.) visits with educators and
families at PS 92 in Corona during its community scholarship
event. Courtesy NYC Kids RISE
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