Aspire Initiative

 

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

ASPIRE FAQ

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.