Northport Public School students will have additional support in planning for education expenses after high school through a new Children’s Savings Account program, part of The Northport Promise.
The program is made possible through a grant from the Council of Economic Development of Michigan. It is one of three grants CEDAM has awarded in 2025 for New Program Development and Administration.
An additional 11 grants were awarded to sustain established programs. Northport’s Promise Saves accounts are designed to provide all students and their families with an early educational savings opportunity. The accounts are set up so families can add to them with investments of any size. Plus, The Northport Promise will make annual additions to each student’s account. Accounts will be held at the TBA Credit Union. Once Promise Saves launches, each class of kindergartners at Northport will be automatically enrolled, and their accounts will receive $100.
