- Program Education
- Program Area Graduating High School College & Career Ready
- Grant Amount $300,000
- Grant Period October 1, 2006–December 31, 2007
- Location St. Louis, MO, United States
- Geographic Focus United States
About this grant
This renewal grant will provide partial support for Washington University’s research and program management activities within the Savings for Education, Entrepreneurship, and Downpayment Initiative. The initiative is a multifaceted demonstration of children’s savings accounts as a tool to increase savings and promote financial security, especially among low-income families. The initiative began in 2003 and will continue through 2008. The grantee is a key leader in the asset-building field, and is widely recognized as launching the movement with the release of the seminal book, “Assets and the Poor”.