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What Happens When You Give Students $50 a Week?

NEW ORLEANS AND INDIANAPOLIS, JUL 22 – A pilot study involving 200 low-income students found $50 weekly payments improved attendance by 1.23 days and boosted financial knowledge without a formal education program.

  • On July 22, 2025, researchers in New Orleans released initial results showing 200 students received $50 weekly for 40 weeks, which led to improved attendance versus a control group.
  • Amid attendance challenges, the team partnered with charter schools in New Orleans and Indianapolis to pilot unconditional cash transfers, requiring only school enrollment.
  • Transaction data showed participants allocated essentials, they ended with average $300 saved, demonstrating strong financial discipline.
  • Students reported increased financial agency, but grades saw no significant change, indicating mixed academic outcomes.
  • Next year, Education Forward will fund a pilot with 40 high schoolers in Washington, D.C., while the study expands longitudinally to assess long-term impacts.
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The Norfolk Daily NewsThe Norfolk Daily News
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Results from The $50 Study dual-year Randomized Controlled Trial Show Students Used Unrestricted Cash to Meet Basic Needs, Build Financial Skills, and Increase Self-Efficacy

NEW ORLEANS, July 22, 2025 /PRNewswire/ -- New gold-standard research on Rooted School Foundation's groundbreaking $50 Study finds that direct cash transfers to high school students boost attendance, build financial skills, and strengthen self-efficacy.

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KWWL broke the news in Waterloo, United States on Tuesday, July 22, 2025.
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