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United Way Lubert IDA Program

Peirce College is honored to serve as an educational partner of the United Way of Greater Philadelphia and South Jersey’s Lubert Individual Development Account (IDA) Program. 

The Lubert IDA program helps low-income residents advance their education by completing career-focused programs at Peirce College through a matched savings program. Participants are required to contribute $1,000, which is matched by a $3,000 grant. Students may reapply for consideration for additional enrollments into the grant program provided there is funding available.

How to Get Started

  1. Review the program’s eligibility requirements.
  2. Submit an Inquiry Form

You can also contact The Office of Student Financial Services at sfs@peirce.edu

Examples of Earned Income

Earned income may include wages, salary, tips, bonuses, commissions or earnings through self-employment.

What does net worth mean?

Your net worth is the combined value of everything you own that has monetary value (known as your assets) minus the amount of debt/loans you are paying off (known as your liabilities). For the purposes of the Lubert IDA program, the value of one vehicle and the primary dwelling unit of the participant are disregarded and not used in the calculation of net worth.

Eligibility Requirements

  • Live in Philadelphia, Chester, Montgomery or Delaware counties in Pennsylvania or Atlantic, Burlington, Camden, Cape May or Cumberland counties in New Jersey
  • Have proof (pay stubs or tax returns) of earned income
  • Attend or plan to enroll at Peirce College
  • Agree to save at least $20.00 per month based on savings from earned income towards the goal of accumulating $1,000 in savings; students must make a minimum of six monthly payments and can make up to 12 monthly payments
  • Agree to complete financial management education classes and asset-specific training for education
  • Agree to abide by the program's rules and responsibilities as described by the Office of Student Financial Services and in the written materials received
  • Students may reapply for additional enrollments into the grant program provided there is funding available

Submit an Inquiry Form

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