How funds were used under the National Fund for Children program as of May 1, 2026
From February 1, 2024, to May 1, 2026, 297,895 applications totaling over $53.09 million were processed. Funds were transferred to authorized operators for subsequent crediting to applicants' bank accounts.
Of the total number of completed applications, 187,597 applications, totaling approximately $33.39 million, were for housing improvements, and 110,298 applications, totaling $19.70 million, were for education expenses.
As a reminder, recipients of targeted savings (TS) may use the entire amount or a portion of it. Unused funds remain in the targeted savings account (TSA).