Grant For City of Saint Paul

CollegeBound St. Paul is the first college savings account program in the nation where every child born in the city is eligible, most are auto-enrolled, and all participants receives a $50 seed deposit. The program includes “bonuses” for activities such as completing well-child clinic visits and attending financial health programming. Through the program incentive structure, the accounts become a mechanism that can be utilized to support whole families thrive related to a range of issues through increased engagement with city agencies and social support organizations.