What is the FSS escrow account?
An interest-bearing FSS escrow account is established by the AHA for each participating family. An escrow credit, based on increases in earned income of the family, is credited to this account by the AHA during the term of the FSS contract. The AHA may make a portion of this escrow account available to the family during the term of the contract to enable the family to complete an interim goal such as education. If the family completes the contract and no member of the family is receiving welfare, the amount of the FSS account is paid to the head of the family. If the AHA terminates the FSS contract, or if the family fails to complete the contract before its expiration, the family’s FSS escrow funds are forfeited.
