What if someone matched the money you saved for school?
Sound too good to be true? Well, it’s not!
Through MesaCAN’s Fast Tracking the Dream to College Completion program, you can save money in an Individual Development Account (IDA) and when you are ready to pay for your tuition, books, or supplies, you will have more than what you put in (match to be determined by A New Leaf organization).
How this works:
- save for at least six months before making a purchase from your IDA
- save at least $25 of earned income per month
- complete a 3-hour free financial literacy course
There is a maximum amount you can save for the match. Once the IDA approves your entry and you save for at least six months, a specific match amount will be awarded that can be used for tuition, books, and supplies.
Applications are available at MCC’s Center for Community and Civic Engagement on the Dobson & Southern campus.
Funding is limited! Apply today on the Forms page!
If you have any questions please contact: IDA@turnanewleaf.org
*MesaCAN’s Fast Tracking the Dream to College Completion program abides by federal eligibility guidelines. The funding is restricted to low- to moderate-wealth individuals and families. After you complete an application, a MesaCAN team member will contact you to verify your eligibility.
Four grants from Assets for Independence (AFI), a program of the U.S. Department of Health and Human Services, fund approximately 50% ($700,000) of costs for MesaCAN’s IDA Program. The remaining 50% ($700,000) is funded through non-Federal sources. Visit the AFI Resource Center website to learn more about the program and about helping families to build assets: http://www.idaresources.acf.hhs.gov/.