The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - First graders qualify for an additional $500 deposit if they are foster youth and an additional $500 deposit if they are experiencing homelessness (for a maximum deposit of $1,500). SIB is to add these deposits to any existing CalKIDS accounts, while creating new accounts for any first graders who do not already have one.
https://lao.ca.gov/Publications/Report/5035