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  • Boston Saves is a children’s savings account program that helps families of BPS students save and plan for their children’s college or career training from K2 kindergarten onward.

    Online Savings Center

    Through Boston Saves, every K2 kindergartner in BPS gets an account with $50 for their future college or career training. Families can get even more money for their child, called Boston Saves Dollars, and track those savings in the Boston Saves Online Savings Center. Along the way, students and families can learn more about how to make the most of their money to plan for the future!  

    Families, start saving and planning for your child with Boston Saves.

     

    Who is eligible to participate in Boston Saves?

    Every child entering K2 kindergarten at BPS district schools will receive a Boston Saves account. At certain Boston Saves “pilot” schools, students in higher grades will also have accounts because their schools started the program earlier. See the chart below for details.

    All students and families in Boston Public Schools will be able to access the program’s financial tips, resources, and events. Sign up for family updates to get alerts of these offerings.

    Schools

    Eligible Grades SY2019-2020

    All Schools
    K2
    Gardner Pilot
    Haynes EEC
    King K-8
    Mattahunt Elem.
    West Zone ELC
    Winship Elem.

    K2-2nd

    Conley Elem.
    Harvard-Kent Elem.
    McKay K-8
    Otis Elem.
    Roosevelt K-8
    K2-3rd

    How does Boston Saves work?

    piggy bank Boston Saves gives every K2 kindergartner in BPS an account with $50 for their future. The money in this account is called Boston Saves Dollars and can be used to pay for a student’s future college or career training. You can think of a Boston Saves account as a piggy bank that can only be opened after a student finishes high school.
    growth Families can get more Boston Saves Dollars for their child’s account by taking actions that help plan for their child’s future. In this way, the money in a child’s Boston Saves account can start to grow.
    linking

    Families can start saving their own money, too, by opening their own financial account (savings, 529, or checking) for their child’s future. When a family links this financial account to their child’s Boston Saves account online, they can see all of their savings for their child in one place: the Savings Center. 

    alerts Through the Savings Center, families can also sign up to get tips and learn of new ways to get Boston Saves Dollars.
    crowd Boston Saves also has fun events for families that make saving and planning easier.

    Are you a family member of a Boston Saves student? Start saving and planning now!