Second Generation Self-Sufficiency Calculator Released and Webinar Scheduled



On August 17, the Indiana Institute for Working Families (Institute) released its 2nd Generation Self-Sufficiency Calculator.

The online Self-Sufficiency Calculator allows users to calculate the amount of income their family needs to earn in order to meet their basic needs without public or private assistance.

The last Self-Sufficiency Calculator for Indiana was released in 2009. The Institute has expanded the capabilities of the calculator including a spreadsheet where families can enter their budget information next to the Self-Sufficiency Standard budget information in order to set budget goals for their family.

The calculator also now includes jobs in specific regions that pay self-sufficient wages, lists the education and training required to obtain those jobs, lists the institutions that offer education and training in the local community, and links to the Federal Student Financial Aid Application (FASFA). Ninety percent (90%) of the education and training opportunities listed are eligible to be paid for using Workforce Investment Act dollars or FASFA dollars, to help make education and training more affordable for Hoosier workers to increase their skills and educational attainment.

The Institute will host a webinar to explain the functions of the new calculator and how best to use it to make a self-sufficiency plan. The webinar will take place on August 29, 2011 at 10 AM (EST). To register for the webinar, please visit:
https://www2.gotomeeting.com/register/776523514

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