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IDA
Savings

STEP 2: Do I Qualify?


These questions are to qualify for the IDA for Education or Business only.

1. Will you need money for college, vocational school or a business in the next year?

2. Do you live in Santa Clara, San Mateo or Alameda Counties? (For programs in other area, click here)

3. Do you earn wages from paid employment, self-employment and/or CalWORKS?

4. Do you earn less than the income limits?

5. Do you have less than $10,000 in assets, excluding one automobile per household?

6. Are you 16 or older?

7. Do you have a social security number or federal tax ID number?

If you answer YES to all 7 questions below, you may qualify for our IDA Savings program for school or business. Please sign up for an orientation now.

 If you answer NO to any of the these questions, you probably do not qualify at this time. Please check out our programs with a waiting list. Please also visit our website again in the future - we may have new programs available.

2009 Income Limits
IDA for Education or Small Business

Persons in
Household

Maximum Annual Income (2009)*

1
$21,660
2
$29,140
3
$36,620
4
$44,100
5
$51,580
6
$59,060

each additional person

+$7,480

*If you qualify for the EITC (Earned Income Tax Credit) in 2009, these limits may be higher.
Click here for details.

Assets include: Money you have in cash, in bank accounts, retirement accounts, vehicles, business equipment or other property.

Contact Us: (866) 364-4391 or ida@opportunityfund.org

 

 

 



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