(FOX 9) – Using funds through the American Rescue Plan, select St. Paul families will be enrolled in a pilot program that offers guaranteed basic income and payments to a college savings plan.
St. Paul Mayor Melvin Carter announced the CollegeBound Boost on Thursday – an initiative to expand St. Paul’s guaranteed income and college savings programs.
Led by the St. Paul Office of Financial Empowerment, the project will provide 333 enrolled low-income families with a combination of $500 in guaranteed income payments each month for two years, and deposits of $1,000 each for their child’s college savings account."I’m excited about […]
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