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SEED Universal Policy Initiative

Washington University

  • Program Education
  • Program Area Graduating High School College & Career Ready
  • Grant Amount $370,000
  • Grant Period January 1, 2008–December 31, 2008
  • Location St. Louis, MO, United States
  • Geographic Focus Oklahoma

About this grant

This renewal grant provides ongoing support to Washington University for a statewide demonstration of children’s savings accounts. Because the demonstration is being conducted within the state of Oklahoma’s existing college savings plan system, it could serve as a prototype policy for scaling up asset-building opportunities for an infinite number of families. Key goals during this grant period are to: 1) select participating families at random from state birth records and assign them to treatment and control groups; 2) coordinate and manage first-year implementation and problem-solving efforts; 3) undertake account monitoring research and reporting; and 4) develop and implement a communications plan. The grantee is a key leader in the asset-building field and is widely recognized for launching the movement with release of the seminal book, “Assets and the Poor”.