“I used my trust fund to pay for driving lessons. Now I’ve passed my test, it’s easy to get to work and it’s given me freedom. It’s changed my life! ”
— Young Person
There are two pots of government money that could be waiting for you:
Your Child Trust Fund
If you were born in the UK between 1st September 2002 and 2nd January 2011 you are likely to have a Child Trust Fund.
This trust fund account was opened by the Government with a minimum of £250, this money is completely yours, we can help you access it.
You can take control of your fund from the age of 16 with your national insurance number, and you’ll be able to access the money once you turn 18.
If your parent, guardian or carer knows which account provider it's with, reach out to them. If not, don’t worry - we’re here to help. But if they don't, we can help through. Just fill out our ‘Find CTF’ online form and we'll help you find it.
Don’t forget to click YTF in the ‘how did you hear about us’ section!
In care, or a care leaver
If you were born after 1994 and are a young person in care or a care leaver, there is some good news. If you have ever been in care for 12 months or more, the Government has set aside money for you savings account. This with either be called a Junior ISA or a Child Trust Fund.
You can take control of your fund from the age of 16 with your National Insurance number, and you'll be able to access the money once you turn 18.
This money is yours to claim, all you need to do is fill out our online form &
don’t forget to click YTF in the ‘how did you hear about us’ section!
Boost your fund
If you are currently in care, you may be able to get paid to take part in life skills programmes:
Stepladder Plus - Learn how to manage your money, explore your future options and become more independent
Stepping Forward - Express yourself, try new things, and connect with other people.
Need help?
Get in touch with the team at ytf@sharefound.org
Your questions, answered
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No. The money belongs to you and only you can access it once your identity has been verified.
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No. You can only have one or another.
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Your savings account is for you only, so to claim the money you will need a bank account in your name.
If you need help, we can point you in the direction of someone who can support you to set up your own bank account. Contact us at ytf@sharefound.org -
That’s why we are here! Just fill out our online form and we will be in touch:
findctf.sharefound.org