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AZ Earn to Learn Savings to Scholarship Program Presentation to NAU GEARUP April 30, 2014. Live the Solution. Statewide Non-Profit Organization Building brighter financial futures by helping families build assets like homeownership and college.
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AZ Earn to Learn Savings to Scholarship Program Presentation to NAU GEARUPApril 30, 2014
Live the Solution • Statewide Non-Profit Organization • Building brighter financial futures by helping families build assets like homeownership and college. • AZ Earn to Learn Program • IDA Savings to Scholarship Program • In partnership with Arizona’s three state universities • www.AZEarntoLearn.org
What is an IDA? Special matched savings account for low to moderate income household to develop assets, exit the cycle of poverty, and invest in personal success College degree = Financial Asset = Community & Family Impact
How AZEarntoLearn Helps Students MORE than a scholarship program “My daughter is very motivated to go to college and pursue her education. This program would allow us to help her make her dream a reality.”– Current AZEL Saver's Parent
Eligibility and Savings Requirements • Eligibility • Requirements • Target Population • Age Requirements • HH Income < 200% FPL • Net Worth < $10K • Personal Finance Training • University requirements • IDA Account Requirements • $25 Min. Deposit • $83.33 Max Deposit • Min. 6 consecutive months savings • Custodial Account
Contact Information Kate Hoffman, Executive Director kate@livethesolution.org | 520-260-7369 Danielle Dubien, Program Director danielle@livethesolution.org | 928-606-9030 Amy Schaller, Director of Advancement amy@livethesolution.org | 520-975-3248 AZEarntoLearn.org | LivetheSolution.org facebook.com/LiveTheSolution twitter.com/livethesolution