Program Goals

The goals of the Opportunity Passport^TM program are:

• Become financially capable
• Gain experience with the banking system
• Amass assets for education, housing, transportation, and other developmentally appropriate specified purchases

Logic Model

The program representative did not provide information about a Logic Model for Opportunity Passport.

Essential Components

The essential elements of Opportunity Passport^TM include:

• Young people are engaged in the design, delivery and continuous improvement of the program, and young people are paid a stipend for their participation in aspects of program implementation.
• Young people are provided financial education.
• Young people are assisted in opening a bank account.
• Upon completion of the first 3 of 7 modules of financial education, young people are provided a stipend as seed money for bank accounts.
• Young people have access to an adult who will support them through the program.
• Young people are provided asset specific training to support effective purchase and use of asset(s).
• Young people may also be provided financial coaching or counseling.
• Implementation and outcome data are collected from staff and young people on regular basis. Data is regularly analyzed by providers and young people in a continuous improvement process. Decisions are guided by these data.

Program Delivery

Child/Adolescent Services

Opportunity Passport directly provides services to children/adolescents and addresses the following:

• Young people between the ages of 14-26 who need financial education, experience with banking system, skills to save money and purchase asset(s), knowledge about maintaining assets, and connections to opportunities for employment, housing, education, social capital, health, permanence, and financial capability

Recommended Intensity:

The recommended intensity varies based on how and when financial education and asset training are delivered; whether financial coaching and/or counseling is delivered and other supports and resources young people may need to be connected to in order to effectively participate. There is outreach to young people to take bi-annual survey and attend social events that provide access to computers so young people can take the web-enabled survey.

Recommended Duration:

There is no specified length of participation. Young people may be enrolled up to their 26th birthday. Young people may purchase assets up to the match limit of $3,000 yet reaching this limit does not require young person to exit.

Delivery Settings

This program is typically conducted in a(n):

• Community Daily Living Setting
• Community-based Agency / Organization / Provider

Homework

This program does not include a homework component.

Languages

Opportunity Passport has materials available in a language other than English:

Spanish

For information on which materials are available in this language, please check on the program's website or contact the program representative (contact information is listed at the bottom of this page).

Resources Needed to Run Program

The typical resources for implementing the program are:

• Personnel-outreach to young people, establish relationships with bank(s), recruit financial coachers, teach financial education and asset trainings, and perform data management and analysis
• Space to run classes/training, meetings for young people, and social events where laptops are available to encourage young people to take surveys

Manuals and Training

Prerequisite/Minimum Provider Qualifications

There are no standard minimum qualifications.

Manual Information

There is a manual that describes how to deliver this program.

Training Information

There is training available for this program.

Training Contact:

• Leslie Gross
  LGross@aecf.org

Training Type/Location:

Informal telephone consultation and a variety of publications supporting young people transitioning from foster care are available.

Number of days/hours:

Informal telephone consultation available.

Relevant Published, Peer-Reviewed Research

Currently, there are no published, peer-reviewed research studies for Opportunity Passport.

Additional References