IRC UT’s Financial Capability

The IRC in Utah’s Financial Capability Program supports individuals and families in building the knowledge, confidence, and tools needed to achieve long‑term financial stability.

Our services are available to anyone in the community, regardless of background or citizenship. While the IRC has deep experience supporting refugees and new Americans, our financial capability services are open to all individuals who want to strengthen their financial wellbeing.

Financial Coaching & Education

At the core of our Financial Capability Program is one‑on‑one financial coaching combined with group education. We meet clients where they are and tailor support to their goals, experience, and priorities.

One‑on‑One Financial Coaching

Financial coaching provides personalized, confidential support to help clients:

  • Set realistic and meaningful financial goals

  • Create and maintain a household budget

  • Review spending, income, and savings strategies

  • Navigate financial challenges and major life transitions

Coaches work alongside clients to provide accountability, encouragement, and practical guidance over time.

Financial Literacy Classes

We offer financial literacy education ranging from basic to advanced topics, designed to build skills progressively.

Topics may include:

  • Understanding banking and financial accounts

  • Budgeting and cash‑flow management

  • Saving strategies and emergency funds

  • Understanding credit reports and credit scores

  • Debt management and financial decision‑making

  • Preparing for major expenses and long‑term goals

Classes are offered in group settings and may complement individual coaching.

Credit Review, Repair & Strengthening

Access to credit is a key part of financial stability. Our program helps clients:

  • Review credit reports

  • Understand how credit scores work

  • Identify and address errors

  • Strengthen credit over time through education, action plans, and credit‑building tools

Coaches help clients build credit safely and sustainably—not quickly or at risk.

Financial Capability Programs

In addition to coaching and education, the Financial Capability Program offers access to the following services. Each program has specific eligibility requirements.

Individual Development Assistance (IDA)

IDAs are matched‑savings programs that help eligible participants save toward major goals such as:

  • Homeownership

  • Education or training

  • Starting or growing a small business

Participants receive financial education and coaching while saving earned income that is matched at a 1:1 rate.

Learn more »

Volunteer Income Tax Assistance (VITA):

The Volunteer Income Tax Assistance (VITA) program provides free, high‑quality tax preparation for individuals and families earning $75,000 or less.

VITA helps taxpayers:

  • File accurate returns

  • Access credits they qualify for

  • Build confidence navigating taxes in the U.S.

Learn more »

Personal Loans

Through the IRC’s Center for Economic Opportunity (CEO), eligible participants may access:

  • Credit‑building loans

  • Auto and auto‑refinance loans

  • Education and training loans

  • Other personal loan products

Grants may be available through matched‑savings or special‑purpose programs.

Learn more »

Please contact us if you have additional questions or if you are interested in the services we provide.

How We Work With Clients

Financial capability is a journey, not a one‑time service. We work closely with clients over time to help them:

  • Build financial skills

  • Increase stability and resilience

  • Make informed financial decisions

  • Move toward long‑term goals

Some services or programs may have eligibility requirements based on funding sources. Our team will help you understand what options are available to you.

Get Started

If you are interested in financial coaching, education, matched savings, or free tax assistance, we encourage you to connect with our team.

Contact a Financial Coach