The City of Lansing has partnered with the Lansing School District and MSU Federal Credit Union to provide Children’s Savings Accounts through the Lansing Student Accounts Valuing Education (SAVE) program, a college savings program for in the Lansing School District. In the fall semester, all incoming kindergarten students are automatically enrolled in an account at the Michigan State University Federal Credit Union.
Parents, guardians, and students can contribute throughout elementary, middle, and high school at any MSUFCU branch or during monthly financial education lessons, provided by MSUFCU. Students may use their Lansing SAVE accounts after high school graduation for any post-secondary education, such as college or a training program for the skilled trades. Lansing SAVE complements the Lansing HOPE and theLansing Promise scholarship programs to prepare our students for post-secondary education opportunities.
Lansing SAVE is a school-based initiative with the goal of encouraging school engagement, improved academic performance, and increased enrollment in post-secondary education and training.
In addition to savings accounts, the Lansing SAVE program also teaches financial education in every classroom providing students with valuable tools to save for their future. The Lansing SAVE program offers students the foundation needed to learn about financial management and plan for their futures so they can achieve their goals and dreams.
In the 2019-2020 school year, all students (grades K-5th*) are automatically enrolled in the Lansing SAVE program.
See the sidebar on the left for more information!
*All 3rd graders are in the Lansing SAVE program except those inLewton School, Post Oak Academy, and Wexford Montessori. Those students will be added to the program in the 2020-2021 school year.