William Elliott III and Kristin Seefeldt Receive Grant from John T. Gorman Foundation to Evaluate Children's Savings Account Program

Professor William Elliott III and Assistant Professor Kristin Seefeldt received a grant from the John T. Gorman Foundation via the Alfond Scholarship Foundation to provide a systematic and objective evaluation of its Children's Savings Account CSAs program, called the Harold Alfond College Challenge ("HACC"). As the first CSA to shift to opt-out enrollment for a universal, statewide 529 college savings plan, this research will evaluate whether or not HACC is having a positive effect on children, families, and the communities.