The City of Austin’s matched savings account program encourages students to save money by offering to pay $4 for every $1 they save, up to $1,000 in savings. That means those who save the $1,000 maximum would earn an additional $4,000 to spend on tuition and educational supplies, such as books, computers, or lab supplies.
Program applicants must reside in Austin, meet income requirements, have some earnings ― including from part-time work, such as babysitting ― and fulfill other requirements.
ACC plans to offer information sessions about the program in January.
For more information, view the city’s Neighborhood Housing and Community Development Matched Savings Account webpage.Back to Top