California offers free money for college. Less than 20% of kids in LA County have claimed it

Less than 20% of eligible children in LA County have claimed funds from a California college savings program. The state initiative provides investment money for babies born after July 2022 and certain public school students.
The state program started in 2022, offering up to $175 of investment money for babies born after July 1, 2022 and up to $1,500 for eligible public school students.
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