How the Children’s Savings Account Works

A deposit-only, interest-bearing, account for each student is funded by Promise Saves. In the 2025-2026 school year each Northport student will receive a deposit of $100 for each year they’ve attended Northport.  

In the future every kindergarten student will get a deposit of $100 for enrolling. Every student from grades 1-12 will have a Promise Saves deposit made to their account. Deposits will be made on the school count day in February. 

Families can add to their children’s accounts at any time. Regular deposits are encouraged.

Students transferring to Northport after Kindergarten can participate in the program. They aren’t entitled to the initial deposit.  They will be eligible for the annual deposit each year they attend Northport.

The Promise Saves program may offer incentives throughout each school year. For more information check out our Frequently Asked Questions.