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NCT01352624 · ClinicalTrials.gov registry record · NA

Improving Money Management Skills for Veterans With Psychiatric Disabilities

A NA study of Psychiatric Problem, sponsored by University of North Carolina, Chapel Hill.

Completed
Registry status
NA
Development phase
183
Enrollment target
1
Study location

NCT01352624 is a NA study of Psychiatric Problem that has completed, run by University of North Carolina, Chapel Hill. The registered enrollment target is 183 participants. The trial reports 1 study location across 1 state.

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The verdict

NCT01352624, a NA study of Psychiatric Problem, has completed, sponsored by University of North Carolina, Chapel Hill.

COMPLETED
Registry status
NA
Development phase
183 participants
Enrollment target
1
Study location

Study Summary

Veterans with psychiatric disabilities face unique challenges concerning money management. Financial strain, money mismanagement, and homelessness have been well documented among veterans with psychiatric disabilities and linked to poor outcomes. The investigators' long-term goal is to promote recovery among veterans with psychiatric disabilities by addressing an 'unmet need' of developing basic money skills necessary for independent functioning in living, working, and social environments. The investigators' objective in the current application is to rigorously evaluate a pilot-tested, stakeholder-informed intervention grounded in principles of psychiatric rehabilitation designed to help develop money management skills and informed financial judgment among veterans with psychiatric disabilities. $teps for Achieving Financial Empowerment ($AFE) is an individualized, psycho-educational intervention that aims to teach veterans with psychiatric disabilities how to save money, create a viable budget, avoid money scams and financial exploitation, and access vocational and mental health resources. To evaluate the $AFE, the investigators will randomly assign N=200 veterans with psychiatric disabilities to either (a) the $AFE intervention (n=100); or (b) a "usual care" control (n=100). The investigators will interview veterans with psychiatric disabilities at baseline and six months. The investigators' central hypothesis, based on strong preliminary data, is that by fostering financial skills and judgment, the $AFE will concurrently increase employment, boost work motivation, and reduce disablement. If these outcomes are met, the investigators hypothesize the intervention will also lead to reduced psychiatric symptoms and homelessness among veterans with psychiatric disabilities.

Conditions Studied

Interventions

  • BEHAVIORAL $AFE

Study Locations (1)

North Carolina

  • Duke University - Durham

Trial Details

FieldValue
Enrollment Target 183 participants
Start Date 2011-04
Est. Completion 2014-09
Phase NA

What the Registry Record Tells You About NCT01352624

The ClinicalTrials.gov registry entry for NCT01352624 describes a study currently listed as completed, categorized as NA. The registered enrollment target is 183 participants, a figure that helps gauge the scale of data the investigators plan to collect. The listed sponsor is University of North Carolina, Chapel Hill, which has 1,109 total studies on file at ClinicalTrials.gov.

The record links to 1 condition, with Psychiatric Problem appearing as the primary indexed condition, and to 1 intervention - of which $AFE is the first listed.

NCT01352624 reports 1 study location spanning 1 distinct geographic area - top geographies include North Carolina.

Frequently Asked Questions

What is clinical trial NCT01352624 about?

NCT01352624 is a clinical study titled "Improving Money Management Skills for Veterans With Psychiatric Disabilities". Veterans with psychiatric disabilities face unique challenges concerning money management. Financial strain, money mismanagement, and homelessness have been well documented among veterans with psychiatric disabilities and linked to poor outcomes. The investigators' long-term goal is to promote recov...

What is the current status of trial NCT01352624?

This trial is currently completed. It is a NA study. The enrollment target is 183 participants. The study started on 2011-04. Estimated completion is 2014-09.

What conditions does trial NCT01352624 study?

This clinical trial studies the following conditions: Psychiatric Problem.

What interventions are being tested in trial NCT01352624?

The interventions under investigation include: $AFE (BEHAVIORAL).

Who is sponsoring clinical trial NCT01352624?

This trial is sponsored by University of North Carolina, Chapel Hill, which has 1,109 total clinical trials registered on ClinicalTrials.gov.

Where is trial NCT01352624 being conducted?

This trial has 1 study location across North Carolina. Contact the study sites directly through ClinicalTrials.gov for enrollment availability.

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