CAAB

Investing in People, Strengthening Communities

EduSaveDC

Capital Area Asset Builders (CAAB) and 11th Street Bridge Park (a project of the Ward 8 non-profit Building Bridges Across the River)—with the support of Capital One Bank—want your child to achieve their dream of going to college! To help make that possible, we have created the EduSaveDC Program, designed to help you and your family save for college.

EduSaveDC

Capital Area Asset Builders (CAAB) and 11th Street Bridge Park (a project of the Ward 8 non-profit Building Bridges Across the River)—with the support of Capital One Bank—want your child to achieve their dream of going to college! To help make that possible, we have created the EduSaveDC Program, designed to help you and your family save for college.

 

  • What is EduSaveDC? Under the program, CAAB will maintain an EduSaveDC Account in your name and for every $1 you save (up to $300), we will deposit $5 (up to $1,500).
  • What is an EduSaveDC Account? It's a type of savings account held owned by you and CAAB at a bank in DC. You can deposit money into your account at bank branches to be announced soon. 
     
  • How much time do you have to save the maximum $300? You have 18 months to achieve the savings goal of $300.
     
  • When does EduSaveDC start? March 2019.
     
  • What can the EduSaveDC Account money be used for? Upon completion of the program, your savings plus earned match-total of up to $1,800-will be transferred to a College Savings Account / 529 Account in your name for the benefit of your child.
     
  • What are the requirements to participate? You have to be a Ward 8 resident and interested in saving for the benefit of your child's college success. Additionally, you will be asked to attend free financial wellness classes, and take advantage of free credit counseling, free financial coaching and free tax preparation services.
     
  • When can you enroll in EduSaveDC? Now! Families are being enrolled in the program through the end of March 2019. 
     
  • Is there a cost to enroll and/or participate in EduSaveDC? No, you will not be charged anything to enroll and/or participate in the program.
     
  • Who can participate in EduSaveDC? Families residing in Ward 8 with a student at one of the participating schools: Ketcham Elementary School, Hart Middle School, Washington School for Girls and Bishop Walker School for Boys.
     
  • Who should you contact to enroll in EduSaveDC?
  • For families with students at Ketcham Elementary School or Bishop Walker School for Boys, please contact Brian Stone, CAAB's Program Manager, at (202) 909-3737 or bstone@caab.org
     
  • For families with students at Hart Middle School and Washington School for Girls, please contact Martin Booker, CAAB's Senior Program Manager, at (202) 419-1440 x 108 or mbooker@caab.org 

How to give

Now, more than ever, non-profits like Capital Area Asset Builders (CAAB) need your help. Please support CAAB as we continue to help DC residents manage and/or improve their financial situation during these difficult times. If you can't afford to give a monetary gift, please visit our Amazon Wish List where you can choose from a variety of items that CAAB needs in order to better serve our community.

or send a check or money order to
Capital Area Asset Builders (CAAB)
c/o Joseph Leitmann-Santa Cruz, Director of External Relations
1100 H Street NW, Suite 200
Washington, DC 20005