What are Prosperity Kids Child Savings Accounts?

Prosperity Kids Child Savings Accounts are matched education savings accounts for limited-income households. Each Child Savings Accounts is opened with a $100 deposit and is matched 1:1—up to $200 per year and can be used for college or successful transition into adulthood. Parents also complete 10 weeks of financial capability and parent-child development education—including how to start a supplementary emergency savings fund to further stabilize the household.

CSA Data-backed Results

Evidence shows that success later in life often is predicated upon a financially informed and solvent foundation seeded with a modicum of savings during childhood. 

Children who are enrolled in and leverage their Child Savings Accounts are:

• Four-to-six times more likely to attend college or some form of postsecondary education;
• Three-and-a-half times more likely to earn a college degree;
• 50 percent less likely to experience depression;
• Primed for heightened socio-emotional development relative to their peers by preschool; and
• More likely to shape, along with their family, a success-oriented, “college-going identity” frame—through which they envision their future aspirations, and work to bring them to fruition. 

Learn more about the impact of CSAs

Learn more about our CSA Partners

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Prosperity Kids Share Their Savings-focused Dreams