Kindergarten to College

EARN, the nation’s leading provider of matched savings accounts for low-income workers, has partnered with the City of San Francisco and CFED on an ambitious Kindergarten to College (K2C) children’s savings accounts program, which began in 2010. EARN is matching the first $100 in savings of every family participating in the pilot program.

Designed to promote savings and economic mobility, children’s savings accounts are universal, long-term, asset-building accounts established for children with public seed money that grows over time with additional deposits and earnings. San Francisco’s K2C initiative promises to open a college savings account for every child entering kindergarten in the City’s public schools, with an opening deposit of $50 from the City of San Francisco. Low-income families receive an additional $50 deposit from the City. EARN, the program’s non-profit sponsor, has committed to provide a "bump" of $100 to match the savings of the first group of 1,200 students to participate.