aspire (verb): To have a powerful or ambitious plan, desire, or hope to do or be something
What do you aspire to? To go to college? To own your own car or home? To be successful?
If you’re a young person currently or formerly in foster care in Rhode Island, then Foster Forward’s ASPIRE Initiative can help you achieve your goals.
Launched with funding from the National Jim Casey Youth Opportunities Initiative, ASPIRE (Aligning Savings, Permanency, Information, Resources, and Empowerment) is a collaboration among Foster Forward, DCYF, and local community agencies. ASPIRE helps young people impacted by foster care get on the path to financial independence.
ASPIRE PARTICIPANTS RECEIVE THE FOLLOWING:
- Nine hours of classroom-based, comprehensive financial education, tailored to the unique needs of young people in foster care
- Assistance with setting goals for saving money
- $100 toward the opening of an Individual Development Account (IDA), and a dollar-for-dollar match, up to $1,000 per year, toward the purchase of such items as cars, education expenses, housing expenses, health expenses, and investments
- Access to community resources and supports
- Additional financial education specific to transportation, housing, saving and investing, and education and training
- Access to financial coaching
Youth will need to have a valid State Identification Card, a Driver’s License, or a Passport to begin the financial literacy portion of the program.
Youth must be able to open a Citizens Bank IDA savings account in order to enroll and actively participate in this program. (A valid government issued I.D. is required to open a bank account.) Youth need to be regularly saving money toward achieving their savings and asset purchase goals. Youth must also notify program staff of any changes in contact information.
Youth ages 14-26 who have spent at least one day after their 14th birthday in an out-of-home DCYF placement.
ASPIRE INITIATIVE REFERRAL FORM (PDF):
Print and send these to email@example.com or fax to 401-438-3901
- English | Español
- Match Request Form: English
- ASPIRE Survey (Opportunity Passport Participant Survey)
ASPIRE is also supported through generous contracts with the National Jim Casey Youth Opportunities Initiative, the United Way of Rhode Island, Bank of America, Citizens Bank and Santander.