Figure 1. Flow Chart of the SEED OK Experiment
Source: Adapted from Beverly, Clancy, and Sherraden 2016, 2.
Note: SEED OK = SEED for Oklahoma Kids; OK 529 = Oklahoma 529 College Savings Plan.
a One mother opted out of the account for her child for religious reasons.
b Funds are restricted for use on qualified postsecondary educational expenses and are sent directly to educational institutions.
c Anyone eighteen years or older, regardless of their state residency, can open an OK 529 account.
d Savings matches are held in SEED OK accounts.
e Because they did not receive automatically opened accounts, control children do not receive SEED OK account statements, but quarterly OK 529 account statements are sent for all mother-owned accounts.