Establishes the Every Kid Counts (EKC) College Savings Program to support college savings accounts for low-income families.
The bill establishes the Every Kid Counts (EKC) College Savings Program, administered by the Student Aid Commission. It provides grants to local governments and other entities that sponsor children's savings account programs, particularly targeting low-income families with young children. The grants support the establishment and maintenance of college savings accounts. Funding may be used for seed, matching, or incentive grants, outreach efforts, and administrative costs.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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