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Re-Envisioning the CSA Field: From Small-Dollar to Large-Dollar CSAs

University of Michigan

  • Program Education
  • Program Area Graduating High School College & Career Ready
  • Grant Amount $200,000
  • Grant Period June 1, 2022–May 31, 2024
  • Location Ann Arbor, MI, United States
  • Geographic Focus United States

About this grant

Although many children and families still lack savings accounts, the field’s recent growth has created a platform for advancing the next generation of children’s savings account policy innovations. While research evidence also shows that low- and moderate-income families successfully save in children’s savings accounts, field leaders are exploring innovative strategies for increasing seed deposits and growing overall account balances, especially among low- and moderate-income families. With Mott Foundation support, the University of Michigan will begin building the research and policy case for a shift from small- to large-dollar children’s savings accounts. To accomplish this goal, the grantee will publish research and policy briefs summarizing research findings and laying out policy arguments, prepare op-eds and blogs to help highlight ideas and create a network of stakeholders to help disseminate and promote new ideas.