The Earn to Learn Act establishes a matched savings account program for low-income students pursuing college or technical degrees. Eligible students can contribute to savings accounts while receiving financial training on topics like budgeting, credit, and student loans through a Financial Capability Training Platform, and they receive coaching on financial, postsecondary, and workforce readiness from trained coaches. States and nonprofits serve as eligible entities to administer the program and track student progress through a reporting dashboard. The bill authorizes $100 million annually from 2027 through 2031 to fund grants to participating states and nonprofits, technical assistance, and program administration costs.
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