De La Salle Individual Development Account (IDA) Program for

Eighth Graders

 

IDAs are matched savings accounts that create a way for participants

to save their own money in a custodial savings account and to have

that money matched by the organization administering the program.  

Along with IDA programs, many organizations administering IDAs

alsooffer financial education classes.  Participants also often develop,

or strengthen, their savings habit as they make their monthly savings

deposits.

De La Salle’s IDA Program match funds are provided through the

school’s annual budget as well as donations from Revitalization 2000,

a non-profit organization serving St. Matthew’s Parish and the Ville

neighborhood.

From 2004-2011, we have had 94 IDA graduates and 112 students

complete the IDA financial education classes.   In the past, the

students have used their savings to purchase high school tuition,

books, uniforms, and other educationally related assets.   We offer

employment options for those students needing opportunities to earn

money for their monthly deposits.

For DLS parents and students with questions about De La Salle’s IDA Program, contact Christine Holladay at cholladay@delasallems.org.

For others with questions about IDA programs, contact Christy Finsel at cfinsel@gmail.com or

405-401-7873.

Download a complete history of De La Salle's IDA Program by clicking here.