Status:
WITHDRAWN
A Novel Unconditional Gifted Savings Program
Lead Sponsor:
University of Pennsylvania
Collaborating Sponsors:
Universal Gifted Savings
Conditions:
Poverty
Eligibility:
All Genders
18+ years
Phase:
NA
Brief Summary
The goal of this randomized control trial is to test the impacts of an unconditional Gifted Savings account of $2,000 of assets ($100 United States Dollars available upon enrollment; $500 United State...
Detailed Description
Many lower to middle income families are unable to weather an unforeseen financial emergency. Even in the best economic conditions, the personal saving rate in the US is profoundly low: just under 10%...
Eligibility Criteria
Inclusion
- Resident of Yellow Springs, Ohio
- At least 18 years of age
- Annual household income of three times the Federal Poverty Level or less
Exclusion
- Not a resident of Yellow Springs, Ohio
- Under 18 years of age
- Annual household income of more than three times the Federal Poverty Level
Key Trial Info
Start Date :
January 8 2024
Trial Type :
INTERVENTIONAL
Allocation :
ACTUAL
End Date :
August 1 2027
Estimated Enrollment :
Patients enrolled
Trial Details
Trial ID
NCT06119074
Start Date
January 8 2024
End Date
August 1 2027
Last Update
February 3 2025
Active Locations (1)
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1
University of Pennsylvania
Philadelphia, Pennsylvania, United States, 19106