Treasurer Stacy Garrity: Allegheny County Families Can Get a Bigger Boost to Education Savings with Keystone Scholars & Fund My Future PGH

Harrisburg, PA - Pennsylvania Treasurer Stacy Garrity today announced that Treasury's Keystone Scholars Program is partnering with Neighborhood Allies' Fund My Future PGH to help further boost education savings for our youngest Pennsylvanians in Allegheny County. Eligible families can get a $25 bonus deposit when they claim their $100 scholarship from Keystone Scholars.

"Keystone Scholars jumpstarts education savings for our youngest Pennsylvanians. This bonus from Fund My Future PGH is not only a great way to show children that we believe in them, but it also helps families in Allegheny County start on a path to saving for a bright future in the classroom and beyond."

Families in Allegheny County who claim their child's $100 scholarship from Keystone Scholars from May 1 through July 31, 2026, enroll in Fund My Future PGH, and open their own long-term savings account, like a PA 529 College and Career Savings Program (PA 529) account or other vehicle from a bank or credit union, can receive the $25 bonus deposit.

"Starting to save can feel overwhelming, especially for families already managing so much. This initiative lowers that barrier. It gives families a fun and meaningful starting point and the support to build a habit that can grow alongside their child over time."

Fund My Future PGH helps families start their savings journey, build healthy savings habits and realize expectations they have for their children. Participants in Fund My Future PGH also have the chance to win monthly raffles with cash prizes worth more than $2,000.

Keystone Scholars provides every Pennsylvania child born in 2019 and after a $100 scholarship to jumpstart their education savings. The money is invested by Treasury and can be used once a child turns 18, until their 29th birthday, for a wide variety of education expenses, including technical, collegiate, apprenticeship and credential programs.

Research shows that even with a modest amount of savings, like Keystone Scholars provides, children are three times more likely to enroll in post-high school education and four times more likely to graduate.

Keystone Scholars accounts are created automatically for every child born in Pennsylvania, and so far, families across the Commonwealth have claimed more than 100,000 scholarships worth over $10 million and have saved more than $200 million in companion PA 529 accounts.

PA 529 accounts can help families steadily and strategically save in a tax-advantaged way for a wide variety of qualifying technical, collegiate, apprenticeship, credential and K-12 educational expenses, and assets in PA 529 accounts do not impact eligibility for Pennsylvania state financial aid.

Treasurer Garrity has reduced fees for PA 529 accounts multiple times, resulting in over $22 million in savings for participating families.

To claim your child's $100 scholarship from Keystone Scholars, visit pa529.com/keystone.

To learn more about Neighborhood Allies' Fund My Future PGH, visit neighborhoodallies.org/what-we-do/fund-my-future-pgh/.

To learn more about Pennsylvania Treasury, visit patreasury.gov and be sure to stay up to date with all Pennsylvania Treasury news on Facebook (PA Treasurer Stacy Garrity) and Instagram (@PATreasury).