Episode notes
In this episode we discuss how Kids RISE in New York City is helping families build assets to pay for college through a novel innovation, called community scholarships. Community Scholarships provide an innovative mechanism to drive additional capital into children's savings accounts. Functionally, Community Scholarships are contributions to groups of NYC Scholarship Accounts through a donation to NYC Kids RISE. NYC Kids RISE deposits 100% of the donations received for Community Scholarships into the NYC Scholarship Accounts of the designated group of students.
Find case study on Kids RISE at https://aedi.ssw.umich.edu/sites/default/files/documents/Reports/csa-doorway/csa-doorway ...