CSD has conducted SEED’s Account Monitoring research, collecting participant demographic data and tracking cash flow of SEED accounts for 1,171 children and youth participating in 10 SEED programs. Demographic data was collected at enrollment by program staff and included participant’s background, the caregiver’s background, and family composition, income, assets, and public benefits receipt. Cash-flow data were collected on a quarterly or semi-annual basis using account statements from the financial institutions holding SEED accounts, plus program records of any matched withdrawals. Data were collected from September 2003 through December 2007.
SEED Account Monitoring aims to address the following research questions: (1) Who are SEED participants? (2) How much was saved and accumulated in SEED accounts? (3) What factors are associated with savings and accumulation in SEED?