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  • The children’s savings account program helps families of Boston’s district and charter kindergarten (K2) students save for their children’s college or career training.

     

    How does Boston Saves work?

    Boston Saves provides each participating kindergartner with an account that includes $50 for college or career training. The program lets parents link any savings, checking, or 529 account to a secure online tool that makes it easy to save, earn rewards, track saving progress, and gain helpful financial tips - all in one place.

     

    Who is eligible to participate in Boston Saves?

    The “pilot” version of Boston Saves is currently available in eleven BPS schools, but will start to expand to all Boston district and charter schools in Fall 2019. We are starting with the smaller “pilot” version of Boston Saves to make sure the program is the best that it can be before it is made available across the city.

    During the pilot, only students in certain grades at our pilot schools will be able to participate in Boston Saves (see below). All students at our pilot schools will be able to access financial tips and resources.

     
     

    Eligible Grades

    Participating Pilot Schools

    SY2016-2017

    SY2017-2018

    SY2018-2019

    Cohort 1

    Conley Elem.

    Roosevelt K-8

    Harvard-Kent Elem.

    McKay K-8

    Otis Elem.

    K2

    K2

    1st Grade

    K2

    1st Grade

    2nd Grade

    Cohort 2

    Winship Elem.

    Gardner Pilot

    West Zone ELC

    Haynes EEC

    King K-8

    Mattapan Early Elem.

    N/A

    K2

    K2

    1st Grade

     

    How do I sign up?

    Login to the Boston Saves portal to the right to see your Boston Saves account and begin saving and earning today!

     

    Key features of Boston Saves

    • Sign-up bonus: Get at least $50, and up to $100, to get started!
    • Boston Saves Dollars: Earn an extra $5 for $25 saved every 3 months!
    • Community engagement: Receive support from other families.
    • Financial education: Learn how to save and pay for college or career training.
    • Savings tools: Track your savings to meet your goals.
    • Account flexibility: Work directly with YOUR bank by using an existing account or opening a new one.

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