The Los Angeles Unified School District is expanding its savings accounts program to help students save money for college.
Opportunity L.A., one of the largest children’s saving account programs in Los Angeles, is made available to first-grade students at participating elementary schools.
“It's a real, substantial investment in young people, for their future, for the stability of their families’ financial futures as well,” said Los Angeles City Councilwoman Monica Rodriguez.Rodriguez announced during a news conference that more than 100,000 LAUSD students have been provided free college savings accounts since the program started two years ago.
First-grade students at the participating schools will automatically receive a welcome kit in the mail during the spring semester. Once the account is set up, families will be able to make deposits in person at a local Citibank or online. In addition, Councilwoman Rodriguez says she secured a $1.5 million grant from the State of California dedicated to outreach efforts.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
7 exceptional places to try nonalcoholic cocktails in Los AngelesNonalcoholic options have never been more popular, with Los Angeles leading the trend with alcohol-free lounges, nonalcoholic pairing menus and other creative options.
Read more »
Los Angeles to Secure Abandoned Real Estate Project Taken Over by Graffiti ArtistsThe Los Angeles City Council has agreed to spend millions to secure Oceanwide Plaza, an abandoned real estate project taken over by graffiti artists. Ilana Buhl, a teacher who moved from Texas to Denmark, shares how the pros of living in this country outweigh the cons. Kiva Brent is an interior decorator who teaches people how to achieve a luxury home on a budget. Some presidents had far more humble beginnings compared to the Kennedys and Trumps of the world.
Read more »
Los Angeles Just Proved How Spongy a City Can BeAs relentless rains pounded LA, the city’s “sponge” infrastructure helped gather 8.6 billion gallons of water—enough to sustain over 100,000 households for a year.
Read more »
List of Los Angeles parks closed due to rainGriffith Park and Runyon Canyon Park will be closed on Monday due to weather conditions, according to Los Angeles Park Rangers.
Read more »
The Ever-Evolving Dining Scene of Los AngelesExploring the diverse and constantly changing dining scene in Los Angeles
Read more »
The Times' recommendations for open Los Angeles County Superior Court judge seatsTwenty-six people are running for eight open judicial seats on the Los Angeles County Superior Court. Here are The Times' recommendations.
Read more »