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ScholarShare seeks three permanent staff for CalKids as outreach and data efforts expand
Summary
ScholarShare requested three ongoing positions to support the CalKids college‑savings program; the LAO recommended approving two but asked the Legislature to defer the manager position until marketing campaign results are analyzed.
The subcommittee considered a budget change proposal to add three permanent positions and $566,000 ongoing general fund to support the CalKids program, California's statewide automatic college‑savings initiative administered by the ScholarShare Investment Board.
Program background and scale Cassandra de Benedetto, Executive Director of the ScholarShare Investment Board, told the committee that CalKids was launched in 2022 and now enrolls more than 5 million children ("over 1,100,000 newborns and nearly 4,000,000 public school students") and that “nearly 600,000 students and families have claimed their Cal Kids…
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