Roughly 1,200 first graders from a Brooklyn school district with the city’s highest proportion of Black students are seeing $1,000 added to their new college savings accounts, the result of donations from Bloomberg Philanthropies and a local foundation.
The Save for College Program, a public-private partnership, will announce a $1 million investment Tuesday in the college and career plans of age-eligible students in School District 18, spanning from Canarsie to East Flatbush.
Divvied up among all the first graders in the area, the donation amounts to 10 times the savings they received as a citywide seed investment last spring.
