The Opportunity L.A. program has expanded to include all first graders enrolled at LAUSD schools after launching last year at select high-need schools.
Students are automatically enrolled in the free program, which gives them a college savings account with a $50 dollar seed deposit. Funds can be used for expenses such as tuition, on-campus housing, and books. It can also be used for college applications and testing fees.
Today the program opened 44,363 accounts on behalf of all LAUSD first-graders, making it the largest Universal Children’s Savings Account Program in the United States.
Read more at LAist.