individual development account

investing in a brighter future

making education affordable

Without a college degree, stable, well-paying jobs are much more difficult to find. This can keep families, and entire communities, trapped in a cycle of poverty.

A New Leaf’s Individual Development Account (IDA) is a matched savings program, matching each dollar a student saves. In partnership with MesaCAN, IDA allows participants to attend any of the ten Maricopa Community Colleges and matches every dollar up to $500 a participant saves with $8. This incentivizes students to save, while assisting them with the burden of saving enough to attend a community college.

For many students, this program is the only way in which a higher education is possible. It gives them a chance to improve their lives regardless of their circumstances. By investing in education for students in our community, A New Leaf is opening up new pathways to prosperity for individuals across the Valley.

eligibility

To qualify for the IDA program, candidates must have income below 200% of the federal poverty line and a net worth below $10,000. Candidates must have an earned income and must be 16 years of age or older. The program requires candidates to complete a free financial wellness workshop that the program provides and save at least $25 a month for six months or more.

To ask about eligibility, email IDA@turnanewleaf.org

location

635 E Broadway Rd, Mesa, AZ 85204

635 East Broadway Road, Mesa, AZ 85204

hours

monday – friday: 8am-4:30pm

phone

(480) 833-9200

email

IDA@turnanewleaf.org

people forever changed

Abraham

This savings program allows me to actually do my best in school, instead of barely getting by. It gives me a fair playing field compared to those that are able to quickly succeed because they have no other responsibilities.”Abraham has always been a hard worker. In...

Abraham

This savings program allows me to actually do my best in school, instead of barely getting by. It gives me a fair playing field compared to those that are able to quickly succeed because they have no other responsibilities.”Abraham has always been a hard worker. In...

learn more

download the program fact sheet

more services

explore all of A New Leaf’s services

we can help

Eva Felix
Director of Community Services
(480) 833-9200
IDA@turnanewleaf.org