Deadline for Americans to claim $500 monthly direct payments is NEXT week – exact date to apply | The US Sun

AMERICANS can claim $500 in monthly direct deposits if they apply by the deadline — which is now next week.

Courtesy of a new guaranteed income program that will give out $6,000 in total to 150 households – residents in Evanston, Illinois can apply through August 29 to receive the financial benefits.

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The city has partnered with Northwestern University to launch the pilot program.

Once a month for a year, participants will get a $500 preloaded debit card with no restrictions on what it can be used for.

The payments are meant to supplement other programs that are already in place.

Eligibility

Participants must live in Evanston, with a household income at or below 250% of the Federal Poverty Line.

Additionally, they must fit into the following groups below:

• Adults 18-24 years old
• Adults 62 years old and older
• Undocumented community members

Applications opened on August 15 and the last day to apply will be on August 29.

Eligible individuals can apply online.

This program is funded mostly by the university and the city, which includes $700,000 in funding from the American Rescue Act, made law by President Joe Biden in 2021.

Mayor Daniel Biss said Evanston is proud to join the growing guaranteed income movement.

“These programs provide assistance with no strings attached, giving recipients the ability to spend the funds in the way that makes the most sense for them and their families,” he said.

As part of the program, Northwestern University researchers will also study the impact of the payments on families.

Similar programs across the country

The idea of a guaranteed income program has become a reality in various states and cities.

For example, in Alexandria Virginia, a guaranteed income pilot program gives 150 participants $500 a month for two years.

This program runs through December 2023.

Struggling families in Phoenix, Arizona are receiving $1,000 debit cards for one year.

To be eligible, a family of four’s earnings cannot exceed 80% of the median income for the area, which is $63,200.

A total of 5,000 low-income people are getting $500 a month for one year as part of Chicago’s Resilient Communities pilot program.

The first recipients started receiving the direct payments in July.

The city said it’s the largest guaranteed income program in the country.

The Sun has compiled a list of dozens of cities and states offering monthly direct payments.

Plus, see if you’re eligible for $2,000 monthly payments.