Money for Single Moms: 4 Ways Mothers are Getting Cash
April 4th, 2022 | Mason Roberts
Nobody works harder than a single mom, and nobody deserves more assistance. Thankfully, many organizations and programs have prioritized making money for single moms available to the ones who need it most. Here’s a look at some of the most impactful ways that single moms can receive cash assistance.
4 Ways for Single Moms to Get Financial Assistance
1. Temporary Assistance for Needy Families
The TANF program has been an essential part of financial security for low-income families for decades. It works by combining work opportunities and short-term financial help. The two main types of grants are family and child-only. The family grant tends to be the easier of the two to obtain, and provides cash monthly for shelter, food, and clothing, usually for up to 60 months. The child grant is usually smaller than the family grant, but offers a set amount of cash per child, per day.
There are related supplemental programs that also offer money for single moms. The Diversion Cash Assistance grant provides help in times of emergency, usually in the form of a one-time payment. Cash amounts vary depending on the nature of the financial emergency. Another program, the Supplemental Nutrition Assistance Program, focuses on making food affordable for families or single moms who are either low or no income.
2. The Women, Infants and Children Program
The federally funded Women, Infants and Children Program, or WIC, has been offering aid for single moms through food benefits. These benefits extend to pregnant women, new moms, and children younger than 5 with nutritional needs. WIC recipients are usually eligible for benefits that cover 6 months to a year, with monthly amounts covering such items as fresh vegetables and fruits for both mothers and children.
Another option is the Child Care Assistance Program. CCAP is administered by individual stats and helps low-income families cover childcare costs while they are looking for a job, going to school, or working.
A similar program providing money for single moms is the Child Care Access Means Parents in School Program, which helps with childcare on campus for low-income parents.
3. Emergency Rental Assistance
Numerous organizations, including churches, charities, and government agencies offer rental assistance for those experiencing financial hardships. Single moms that are struggling to pay rent can get immediate help.
Church rent assistance programs may offer money for single moms through churches small and large. Social programs including the Homelessness Prevention and Rapid Re-Housing Program offer short-term financial aid for families.
Rental assistance is also available through popular charities in each community, including the Red Cross, Catholic Charities, the United Way, and the Red Cross.
Federal and state governments run programs designed specifically for rental assistance but also money for single moms. The U.S. Department of Housing and Urban Development offers grants for everything from buying a home and down payment assistance to security deposits.
4. Private Grants
It’s more expensive than ever to raise a child, with the cost of childcare exceeding $20,000 in most states. This could mean half of a single mom’s income may go just to childcare.
In addition to grants from government organizations and charities, private organizations regularly provide money for single moms. The Emma Johnson Single Mother Grant, created by a single mother, offers monthly cash to deserving moms.
The Philanthropic Educational Organization (P.E.O.) is run by women who are dedicated to assisting other women with a variety of financial aid projects. Each has different benefits and qualifications, but many provide higher education assistance through low-interest loans.
Consider a Registration Loan
For single moms struggling with a financial emergency, another option is a registration loan. A registration loan provides money for single moms who qualify and are coping with an emergency room bill, last-minute travel, or a home or car repair that can no longer be ignored. A registration loan uses a car’s registration as collateral in exchange for a loan.
At Southwest Title Loans, it can take as little as 30 minutes to qualify for a registration loan of up to $1,500. All you need is:
- a valid Arizona driver’s license or government-issued photo identification
- a valid social security number
- an active checking account in your name
- a motor vehicle registration in your name from Arizona.
To start, fill out the easy registration loans inquiry form on our website, and one of our loan representatives will give you a call to walk you through the rest of the process. You’ll set up a time to go to the Southwest Title Loans location near you with the required items.
Once you are approved and qualify, you receive your cash the same day or the very next business day.
Get Started Today
A registration loan can help provide money for single moms when they need it the most. It’s easy. Just go online, give us a call, or visit us today. We’re here for you.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.