Boosting Higher Education Access: A State Initiative to Uplift Marginalized Communities

Cassandra DiBenedetto, executive director of the ScholarShare Investment Board, emphasizes the critical role of financial literacy in shaping the futures of young individuals. On April 5, ScholarShare collaborated with Golden 1 Credit Union at the Cosumnes branch to inform families about banking and saving options. The event attracted 70 participants and featured California State Treasurer Fiona Ma, who highlighted the need to remove financial obstacles for youth. Launched in 2022, CalKIDS accounts are designed to encourage savings, provide scholarships to eligible students, and enhance financial education in varied communities.