Financial Well-Being
The Challenge
More than 40% of Northeast Florida students aren’t ready for Kindergarten are not reading at grade-level by 3rd grade or are not on track to graduate by 10th grade, which leads to higher dropout rates and fewer college degrees. Furthermore, a lack of workforce readiness and early career experience has been shown to result in lower lifetime earnings and persistent, lifelong income challenges.
The Goal
Break the cycle of generational poverty and foster long-term financial security and success for Northeast Florida residents.
The Solution
To accomplish this goal, United Way will focus on priority strategies including:
- Education Attainment: Provide access to high-quality child-care; foster a high-quality school system and proficient teachers; provide career and academic advising; and address barriers to academic success throughout the K-12 system
- Workforce Development: Create opportunities for job and skills training and provide job-seeking supports
- Asset Building: Provide pathways and referrals for building financial assets, including savings accounts, homeownership, credit, EITC and VITA, transportation and other asset-developing resources
Current Work
Achievers for Life
Dropout prevention program for at-risk students offers in-home support, mentorship, academic tutoring and opportunities for parent engagement.
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RealSense
Free financial education, counseling and tax preparation services to help families and individuals save money and build assets.
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Success by 6
Scholarships provide access to full-day, year-round, high-quality early learning programs for preschoolers from financially insecure families who don’t qualify for state subsidies.
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