ASPIRE is a financial education, savings, and investment initiative by the Government of Saint Kitts and Nevis, designed to empower youth through financial literacy, savings, and smart investments.

All citizens of Saint Kitts and Nevis aged 5 to 18 who are attending school within the Federation are eligible. This includes those citizens registered with the Ministry of Education as home schooled.

Eligible citizens include Saint Kitts and Nevis born in the Federation or citizens by descent.  Applicants must supply one of the following: i) Saint Kitts and Nevis birth certificate or ii) citizenship by descent certificate.

Following launch in September 2024, ASPIRE participants will be enrolled on a rolling basis following their fifth birthday.

ASPIRE participants can register for their own accounts from the age of 12.

Yes, additional deposits can be made into the ASPIRE savings account. Please note that any additional funds, added voluntarily, may not be withdrawn for the duration of the programme.

Funds can only be withdrawn by the ASPIRE participant upon completion of the programme. This includes any additional funds added during the course of the programme. Parents or guardians cannot withdraw funds.

Yes, the savings account will accrue interest over time, enhancing the participant’s savings.

In such unfortunate circumstances, the funds will be transferred to the participant’s next of kin.

The funds in the ASPIRE savings account are held securely in the St. Kitts-Nevis-Anguilla National Bank (a government-backed financial institution), ensuring safety and reliability.

A portion of the savings is invested in shares of local, government-owned entities such as the St. Kitts-Nevis-Anguilla National Bank and St. Kitts-Nevis Cable Communications Ltd (“The Cable”).

No, the investments are predetermined by the programme and are made in specific government-owned companies.

Dividends generated from the investments are automatically reinvested to compound savings and promote long-term financial growth.

No, investments are locked in until the participant completes the ASPIRE Programme.

Valuation statements will be issued on a quarterly basis to ASPIRE participants with updates on the performance of their savings and investments.

The curriculum includes budgeting, saving, investing, entrepreneurship, and financial market literacy, tailored specifically for young learners.

Financial education is delivered through schools and other institutions, incorporating interactive lessons, workshops, and digital resources.

Yes, participants will undergo periodic assessments to ensure they are grasping the key concepts and can apply them effectively.

Upon completion, participants gain full access to their savings and investment returns. They will also receive a certificate of completion.

If an ASPIRE participant relocates outside of Saint Kitts and Nevis, they can continue in the programme, but specific arrangements must be made with the programme administrators.

Yes, parents or guardians will have access to view the account activity but cannot make withdrawals.

For any additional questions or support, please contact the ASPIRE team via email at aspire@gov.kn.