Newark introduces savings program for kindergarten students

In Newark, New Jersey, a bold step is reshaping the future of young learners. The Newark Saves College Savings Program, launched in August 2025, gives every kindergarten student a jumpstart on higher education. Thanks to a $150,000 grant from The Prudential Foundation, more than 3,000 students have been able to start 529 college savings accounts. Each account comes with a starter deposit and opportunities to grow through family involvement and academic achievements.