The CalKIDS program offers free college funds to qualifying California students and newborns, including additional support for foster youth and homeless students. Eligibility is determined by the California Department of Education and the Department of Public Health. Funds can be used for various educational expenses at eligible institutions. The program also features interest-bearing accounts with investment strategies that vary by age, becoming more conservative as the child nears college age. For more details and to manage accounts, families can visit the CalKIDS website.
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