Individual Development Accounts

What is an Individual Development Account?

What can I use an IDA for?

Are there income guidelines?


Family size Income amount
1 $23,340
2 $31,460
3 $39,580
4 $47,700
5 $55,820
6 $63,940
7 $72,060
8 $80,180






How do I apply?

You can either print it out and mail it to us or save and email it to

What would I be required to do after I submit my application?

How much do I need to save each month?

What happens if I miss a deposit a month?

After I meet my savings goal how much time do I have to spend my money?

When should I start my IDA if I am planning to use it for school?

What can I spend my money on?

.  What if I have an emergency and I need to withdraw from my IDA?

Can I do two IDA’s at one time?

Can more than one person in my household have an IDA account?

How will the money be disbursed to me when I have completed all requirements?


For additional information on the IDA Program please contact Kate Porter at 479-784-9298 or email kporter@cscdccaa,org