Making College Affordable!
The Matched College Savings Program (MCSP) collaborative is made up Oregon and Washington universities and Oregon high schools that believe every student, despite their income, should be able to pursue higher education. We do this through supporting students with limited financial resources in saving for college.
MCSP is a matched savings account (also known as an individual development account, or IDA) for current and future students to pursue post-secondary education. The MCSP program is currently available to residents of Oregon and Washington to attend participating educational institutions.
Education is a valuable Asset
Education is a key economic asset - or something that belongs to an individual for a lifetime. It is also one of the strongest rungs on the ladder to self-sufficiency and greatest measures of human capital.
"Education, then, beyond all other devices of human origin, is the great equalizer of the conditions of man,- the balance-wheel of the social machinery." - Horace Mann
Part of a nationwide asset-building strategy, MCSP is based on the premise that individuals gain economic self-sufficiency through savings and investment, coupled with the development of human capital. The strategy sees that the accumulation of assets as the key to the improvement of the economic condition of low-income households. MCSP strengthens families by providing them with the financial skills and tools to build wealth through habitual savings and financial education.