Do I Qualify?
You may qualify if all of the following statements apply to you:
- I am at least 12 years old.
- My income is within the Income Limits.
- My net worth is less than $20,000 (what you own, minus what you owe, with a home and first vehicle excluded).
- I live in a county that can access IDAs
- I am willing to attend financial education classes.
- I can save a minimum of $25 monthly towards my asset goal.
- I can commit to saving for at least 6 months.
If you can say “yes” to all of the above statements, then you most likely qualify! Contact a non-profit IDA provider for more information. The non-profit IDA provider that you save with will help guide you through the application process.