Recovery Finance: Financial Health and Mental Health After Incarceration

Part of paid clinical trials in New Haven, Connecticut.

Sponsor
Yale University
Study ID
NCT06914856
Status
Recruiting
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Conditions

Eligibility Criteria

Sex
ALL
Age
18 Years - N/A
Healthy Volunteers
Not accepted

Interventions

  • Financial Capability Support with Peer Support Services — BEHAVIORAL
    The participants in this arm will receive one-on-one financial coaching, which entails monthly or more frequent meetings with a financial coach. Participants will also receive access to safe and affordable financial services, which includes support with managing any existing bank accounts, or supporting a person to open a new overdraft-free account. Coaches can also help people to access other financial products such as free tax preparation (VITA), credit builder loans, online bank accounts, or other products recommended by our Justice Tech partner. The participants will also receive will receive the additional services of one-on-one peer support provided by a trained Recovery Support Specialist. Recovery Support Specialist, also referred to as Wellness coaches, will provide weekly meetings (30-60 minutes in duration) to the participants.

Study Details

This proposal will address financial wellbeing, an often overlooked but important factor impacting reentry for justice-involved people with mental health challenges, who are disproportionately Black and Latine. The project will change community level determinants by integrating financial capability support (one-on-one coaching and access to financial tools and services) into existing services and training bank and credit union staff to reduce discrimination. It will also support collaborative community efforts working towards upstream policy and legal reforms to reduce the incidence of those financial challenges.

Key Dates

Start date
Apr 30, 2024
Status verified
May 2025
Primary completion
Apr 24, 2026
Completion
Apr 24, 2026

Study Design

Enrollment
238 participants (estimated)
Allocation
RANDOMIZED
Intervention model
PARALLEL
Primary purpose
TREATMENT

Arms

  • No Intervention: Financial Capability Support
    The participants in this arm will receive one-on-one financial coaching, which entails monthly or more frequent meetings with a financial coach. The initial meetings will be held in person and subsequent meetings may be held via zoom, phone, or in person depending on the comfort and convenience of the participant. Participants will also receive access to safe and affordable financial services, which includes support with managing any existing bank accounts, or supporting a person to open a new overdraft-free account. Coaches can also help people to access other financial products such as free tax preparation (VITA), credit builder loans, online bank accounts, or other products recommended by our Justice Tech partner.
  • Experimental: Financial Capability Support with Peer Support
    The participants randomized into this arm will receive services offered in the Financial Capability Support arm with the additional services of one-on-one peer support provided by a trained Recovery Support Specialist. Recovery Support Specialist, also referred to as Wellness coaches, will provide weekly meetings (30-60 minutes in duration) to the participants.

Primary Outcome Measure

Finances After Incarceration [ Time Frame: Baseline Assessment, 6-Month Assessment, and 12-Month Assessment ]

Central Contacts

Locations (1)

FacilityCityStateZIPSite coordinators
Yale University Program for Recovery and Community HealthNew HavenConnecticut06513
Annie Harper, Ph.D.
[email protected]
203-764-8602
Luz S Ocasio
[email protected]
2037648692
Annie Harper, Ph.D. (PRINCIPAL_INVESTIGATOR)
Chyrell Bellamy, Ph.D. (PRINCIPAL_INVESTIGATOR)

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