YPI’s COLLEGE PROMISE: College Matched Savings Accounts

submission by LAPromiseNeighborhood

About Your Application

Organization(s) name(s):

Youth Policy Institute

Organization(s) website(s):


Organization(s) twitter handle(s):


Organization(s) facebook handle(s):


Organization(s) instagram handle(s):


Please share the direct link for voters to sign up for your newsletter(s):


Describe Your Organization(s)

Non-profit organization

For-profit organization


Other (please specify below):

In one sentence, please describe what your organization does.


YPI transforms L.A. neighborhoods using a holistic approach to reduce poverty by ensuring families have access to high quality schools, wrap-around education and technology services, enabling a successful transition from cradle to college and career.

In one to three sentences, please describe your proposal.


YPI’s COLLEGE PROMISE helps low-income students prepare for and go to college through financial education and a unique 3:1 match that puts $981 into special savings accounts for 1,300 students who otherwise may not be able to afford school. $981 is the gap to cover community college costs after financial aid, an amount that also makes it three times more likely students will enroll in college—and four times more likely they’ll graduate. That’s something great for L.A. now and in 2050.

Where will you be working? Please be specific (e.g. Third Street Middle School; Boyle Heights; LA County).

Central LA

East LA

San Gabriel Valley

San Fernando Valley

South LA


South Bay

Antelope Valley

County of Los Angeles (countywide)

City of Los Angeles (citywide)


Other (please specify below):

How do you plan to use these resources to make change? (check all that apply)

Conduct research

Engage residents and stakeholders

Implement a pilot or new project

Expand a pilot or program

Mobilize for systems change

Advocate with policymakers and leaders

Implement and track policy

Other (please specify below):


Invest in the future of L.A. youth so they are empowered to earn their college degree and go on to make positive change in their communities and citywide.

How will your proposal improve the following “Learn” metrics? (check all that apply)

Percentage of children enrolled in early education programs

Percentage of community college students completing a certificate, degree, or transfer-related program in six years

Youth unemployment and underemployment

District-wide graduation rates

HS student proficiency in English & Language Arts and Math

Academic Performance Index* scores

College matriculation rates

Student education pipeline (an integrated network of pre-schools, K-12 institutions, and higher education systems that prepares students for seamless transitions between high school, higher education institutions, and the workforce) (Dream Metric)

Suspension and expulsion rates (Dream Metric)

Truancy rates in elementary and middle schools (Dream Metric)

Students perceived sense of safety at and on the way to school (Dream Metric)

Describe in greater detail how you will make LA the best place to learn.


L.A. is a wonderful place to learn, but only for those with access to opportunities. At the college level, access includes funds for entry and graduation. YPI’s COLLEGE PROMISE provides funding and financial education, along with academic and college readiness support, to help L.A. families learn and thrive.

An L.A. family earning less than $30,000 annually receives an average of $5,819 in financial aid toward the $6,800 annual cost of an L.A. community college. That leaves $981 still needed to make it happen. YPI’s COLLEGE PROMISE steps in to provide this with special College Savings Individual Development Accounts paired with financial education, financial aid workshops, and one-on-one financial coaching.

Take Ricardo Morales, who is a student at College of the Canyons. He’s majoring in architecture. His brother Juan Daniel attends L.A. Mission College as a business major. Their youngest brother Jose is a senior in high school and hopes to attend college as well. Their family strongly believes in the importance of education, and the brothers are motivated to succeed, but their family has been concerned about the money it will take to help all three of them graduate. “I thought my children weren’t going to be able to go to college because we didn’t have the resources,” their mother says.

But the family found YPI’s COLLEGE PROMISE, and all three sons signed up. With generous support from LA2050, all three can receive matching funds needed to help them achieve their college dreams.

Because YPI’s COLLEGE PROMISE isn’t just a match. For every dollar a student puts into their account, our program will TRIPLE the amount, up to $660. Factor in two bonuses provided by the program, and suddenly each student has the $981 they need to cover what is otherwise a daunting funding gap for many low-income students.

But this can only happen if—and only if—YPI receives $100,000 to match U.S. Department of Health and Human Services funds already in hand, because current YPI funding does not cover the match requirements. The support of LA2050 is vital to ensure that at least 262 more low-income L.A. students will have access to learn, changing their lives, their families’ lives, and the landscape of our city.

By 2050, not only will these students be college graduates—so will their children. Leveling the playing field and creating opportunity: That’s how we make L.A. the best place to learn.

Please explain how you will evaluate your work.


For YPI’s COLLEGE PROMISE partnership with LA2050, we will evaluate our success based on achieving these goals:

At least 262 low-income students open matched College Savings Individual Development Accounts to receive $26 sign-up bonus.

Each student saves at least $220 to receive 3:1 match.

Each student makes deposits for six consecutive months to receive a $75 bonus match.

In total, YPI’s COLLEGE PROMISE students supported by LA2050 save over $250,000 to use for their college education (including students’ savings and matching funds).

At least 262 students receive financial literacy education, financial coaching, and participate in a financial aid workshop to increase their financial capability.

At least 262 students enroll in or continue college.

This evaluation will allow us to see how YPI’s COLLEGE PROMISE serves students like the Morales brothers and how, working together, we can change lives and transform the L.A. landscape.

How can the LA2050 community and other stakeholders help your proposal succeed? (check all that apply)

Money (financial capital)

Volunteers/staff (human capital)

Publicity/awareness (social capital)

Infrastructure (building/space/vehicles, etc.)


Technical infrastructure (computers, etc.)

Community outreach

Network/relationship support

Quality improvement research

Other (please specify below):

45 Pink talk bubble tail c96b4a07ef1417e25d0bcf5c4cba4766b8bbf0382f07677990a9d5577885d4d7

YPI is an awesome provider and partner!

by Cynthiathomas
5 months ago

Let's go YPI!!!

by fidel.ramirez.7545
5 months ago

Let's go YPI!!!

by fidel.ramirez.7545
5 months ago


by negralinda
5 months ago

Vote for the PROMISE, NOW!

by fidel.ramirez.7545
5 months ago

Vote, Yes for YPI, & Yes for College!!

by Pbermudez
5 months ago


by fidel.ramirez.7545
5 months ago

I support YPI!

by cmariano
5 months ago

Thanks for all that you do, YPI!

by sferrandiz
6 months ago

The work they do and the lives they touch are forever changed ..... Please vote !!!

by Gengen21
6 months ago

Please help support YPI!

by myhoangm
6 months ago

YPI continues to serve as a leader in innovated approaches to serve

our community!

by Yes on LAPN
6 months ago

You have my vote. Now you have my comment, as well.

by telly1924
6 months ago

All children deserve to go to college, help YPI support them and their families!

by kfavelabarreras
6 months ago

This is another great way to help out our community. Keep up the great work YPI!

by theblindguy
6 months ago

Attending college should be a right for everyone, not a privilege!

by enrique2013
6 months ago

Proud to support YPI and their COLLEGE PROMISE. GREAT WORK YPI!!!

by playhcp
6 months ago

Young people tell us they are most engaged when they are given the same opportunities all across the board in the spectrum of higher education, especially those from low-income families and neighborhoods. YPI helps, encourages and offers benefits by learning of opportunities to expand their horizons through their After School Program where learning is meaningful, cultural relevant to their own interests where they can apply random knowledge and skill, expose them to new things and by expanding their horizons including helping them to develop a global awareness including knowledge of their own community, understanding of issues and problems we have in common across cultural and political divides. YPI brings these type of experiences through art, science, and math interactive activities in their wrap around curriculum. YPI is improving the quality of school experience for youth in the urban low income neighborhoods in Los Angeles County.

by negralinda
6 months ago

The students that benefit from these college savings accounts are very resilient and benefit for years through these accounts.

by Solistwin
6 months ago

Even with Financial Aid lack of funding continues to hinder LA Youth from perusing their dreams and achieving their potential. Furthermore, once in college, youth don't have the tools to make smart financial decisions so that they don't go into unmanageable and unnecessary debt. This program not only has a financial incentive but more importantly, it gives youth and their families the much needed financial management tools to be successful. My vote is for YPI.

by angelicar
6 months ago

Amazing proposal to provide support to our future lawyers, engineers, doctors, teachers. Keep up the good work YPI

by lcarbajo
6 months ago

This is a great opportunity that could benefit and positively affect so many young lives. What a great way to motivate our communities.

6 months ago

What a noble cause. College tuition has become a barrier for so many low income students. Let's help these kids with that heavy lift.

by diana.rodriguez.37017794
6 months ago

Vote for YPI's College Promise!

by Vanessa Montano-Rivera
6 months ago

Go YPI! This proposal will empower more students to reach their higher education goals!

by avaldez1011
6 months ago

Students with just $500 saved for their education are three times more likely to attend, and four times more likely to graduate. Really proud to support this unique effort to MATCH families savings for school. A real win for LA's future!

by loveLA
6 months ago

My vote goes to YPI! YPI continues to provide resources to our most underserved students who would benefit from financial resources as they are on their way to an important part of their lives, college!

by cmariano
6 months ago

YPI has made it their mission to make L.A. the best place to learn for over a decade now. What their folks do for the community is immeasurable. Let's support YPI's COLLEGE PROMISE and their plan to provide a path to college for more students.

by ypromise
6 months ago

Support our mission in helping relieve financial burden to students in our communities who aren't able to afford to pay their way through college.

6 months ago

Super awesome program. We need more of this in LA!!!

by rudyespi
6 months ago

Support students in their development of financial skills that will help them plan for and accomplish educational goals. JOIN THE LA COLLEGE PROMISE!

by Luz A Gonzalez
6 months ago

Please Vote! One of the biggest barriers to going to college is being able to afford it. That's why so many youth end up with high student debt. Please help support our efforts in order to empower our young adults

by mnemecek
6 months ago

Please vote!!! This program will help students reach their academic goals!

by Ana_Cornejo
6 months ago

Please support our efforts , this could will impact the youth in our community reach their goals of higher education by making a dent in one of the biggest barriers they face . This program not only enables them to save for their education , it also creates healthy relationship with money and a habit of saving! Its a win win all around!

by Bellablue
6 months ago

$$ goes DIRECTLY to students' bank accounts -- it's a win-win for LA! PLEASE VOTE!

by kjgates
6 months ago

Vote for YPI's College Promise and help support our students so they can afford college!

by YouthPolicyInstitute
6 months ago

We agree!! And YPI is working to make that a reality for our students who struggle to afford college - please support us by voting for YPI College Promise!

by YouthPolicyInstitute
6 months ago

Thank you!

by YouthPolicyInstitute
6 months ago

Thank you for your kind words and support!

by YouthPolicyInstitute
6 months ago

Yes! There are many long-term benefits from going to college, and YPI wants to help as many young people afford it as possible.

by YouthPolicyInstitute
6 months ago

Thank you! YPI strives to provide comprehensive programs that help students and their families acquire the tools and knowledge to advocate for themselves and achieve success. As you say, we don't just want to help them save for college; we also want to help them make smart financial decisions so they can achieve long-term economic stability.

by YouthPolicyInstitute
6 months ago

Thank you! Our goal is to support our young people to achieve their dream career, whatever that may be.

by YouthPolicyInstitute
6 months ago

Thank you! We agree- YPI wants to motivate students and families to invest in their future by helping match their investment.

by YouthPolicyInstitute
6 months ago

Yes, exactly! YPI College Promise provides critically needed support so our students can afford college!

by YouthPolicyInstitute
6 months ago

Thank you! We agree this could be a HUGE win for LA - help us by voting for YPI's College Promise!

by YouthPolicyInstitute
6 months ago

Pink ribbon award box icon 45b87e779c93f5099a48378c2aadc0fcd51184974daecf76e3f5c50034ea21fb
Award topvotedidea 5a5ae14e3d56a10363ea2a398cece46cf4df891213cbe68677c19d8903a1932a
Circle 1 inactive e7784182a1bd5eace578987db27fc19ec6337f418c48c6c8732605b9043d50d0 Step1 title submission inactive cde083e53089b973e7c9dc80a44a038c1ce4cf3b2650aeb5549157d1ed58a2d9

Submission Began
Tuesday, September 08, 2015

Submission Ended
Tuesday, October 06, 2015
at 07:00 PM UTC

Circle 2 inactive 74a43088831beb43fdbd7591ef5d50a5a7a26ff92c9e8ed489782459fa31a8d9 Step2 title voting inactive 96be722f53c417edddb5742ba9a6dc2fd403f7e4f6c19dbe883d50d20d93689d

Voting Began
Tuesday, October 20, 2015

Voting Ended
Tuesday, November 03, 2015
at 08:00 PM UTC

Circle 3 83da7a9432aeea960e1a9e9ee93e7ea1221af6c8f42b27964f2e9999d94b2b8d Step3 title 3d9e2a65d6ea1ad301f8fc607f5f828bd96362932c71d81c0da5b1fd964422b0

Winner Announced
Tuesday, December 08, 2015