Program to Help Foster Youth Pursue Higher Education Returns
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Thursday, June 1, 2023
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Thursday, June 1, 2023
After a successful launch in 2022, State Treasurer Colleen Davis, with the endorsement of the Delaware Plans Management Board, extended the ASPIRE529 pilot program and will once again offer financial assistance to youth in or aging out of the foster care system seeking higher education.
Awarded on a first-come first-served basis to qualified individuals, ASPIRE529 funds may be used towards costs associated with higher education including books and supplies, materials required for skills training, transportation, and child care.
“Individuals aging out of the foster care system face a number of obstacles as they begin their ‘adult lives,’ and furthering education shouldn’t be one of them,” Treasurer Davis said. “I am proud to offer ASPIRE529 awards in order to help these people take their next steps towards success.”
A total of up to 20 qualified applicants will be eligible to receive an award of $529. To be eligible for an award, a student must:
The application period runs from June 1, 2023, until June 30, 2023. Winners will be notified by September 1, 2023. The online application can be found at de.gov/aspire529.
“The Aspire529 helps youth transitioning out of foster care in Delaware overcome financial barriers while achieving their education goals,” said Tamara Myles, Transitional & Independent Living Program Manager with DSCYF’s Division of Family Services. “This award will help many pay for education expenses and will afford them the opportunity to acquire less debt during their post-secondary education journey.”
“After serving them during their years in foster care, the youth need our support now more than ever,” said Caroline Jones, President, and Founder of Kind to Kids Foundation. “We need to work hard to break down any barriers that can stand in the way of the success of these vulnerable young adults.”
In addition to $529, awardees will also receive valuable financial literacy education from $tand By Me®, a financial coaching program partnership of the State of Delaware and the United Way.
“Becoming educated on how to handle money is just as valuable as the education this money will help provide,” said Valerie Cannon, Senior Social Service Administrator in the Division of Social Services. “We commend Treasurer Davis and the Plans Management Board for including a financial literacy component to ASPIRE529 and are proud they chose Stand By Me to provide the lessons.”
Related Topics: Aspire529, Delaware Plans Management Board, Delaware State Treasurer, Foster Youth, higher education, Treasurer Colleen Davis
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Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Thursday, June 1, 2023
After a successful launch in 2022, State Treasurer Colleen Davis, with the endorsement of the Delaware Plans Management Board, extended the ASPIRE529 pilot program and will once again offer financial assistance to youth in or aging out of the foster care system seeking higher education.
Awarded on a first-come first-served basis to qualified individuals, ASPIRE529 funds may be used towards costs associated with higher education including books and supplies, materials required for skills training, transportation, and child care.
“Individuals aging out of the foster care system face a number of obstacles as they begin their ‘adult lives,’ and furthering education shouldn’t be one of them,” Treasurer Davis said. “I am proud to offer ASPIRE529 awards in order to help these people take their next steps towards success.”
A total of up to 20 qualified applicants will be eligible to receive an award of $529. To be eligible for an award, a student must:
The application period runs from June 1, 2023, until June 30, 2023. Winners will be notified by September 1, 2023. The online application can be found at de.gov/aspire529.
“The Aspire529 helps youth transitioning out of foster care in Delaware overcome financial barriers while achieving their education goals,” said Tamara Myles, Transitional & Independent Living Program Manager with DSCYF’s Division of Family Services. “This award will help many pay for education expenses and will afford them the opportunity to acquire less debt during their post-secondary education journey.”
“After serving them during their years in foster care, the youth need our support now more than ever,” said Caroline Jones, President, and Founder of Kind to Kids Foundation. “We need to work hard to break down any barriers that can stand in the way of the success of these vulnerable young adults.”
In addition to $529, awardees will also receive valuable financial literacy education from $tand By Me®, a financial coaching program partnership of the State of Delaware and the United Way.
“Becoming educated on how to handle money is just as valuable as the education this money will help provide,” said Valerie Cannon, Senior Social Service Administrator in the Division of Social Services. “We commend Treasurer Davis and the Plans Management Board for including a financial literacy component to ASPIRE529 and are proud they chose Stand By Me to provide the lessons.”
Related Topics: Aspire529, Delaware Plans Management Board, Delaware State Treasurer, Foster Youth, higher education, Treasurer Colleen Davis
Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.
Here you can subscribe to future news updates.