URx Conference 2021 Session
https://www.aboutschwab.com/schwab-establishes-endowed-scholarships. Learn more about how Schwab is partnering with these universities to provide support to both the institutions and the scholarships recipients in support of increasing folks from underrepresented communities in Financial Planning and gaining their CFP or Certified Financial Planner certification.
Moderator Highlights
- Goal was to get more diverse talent into their CFP (Certified Financial Planner) positions
- Offered a 2-year scholarship to 2nd year students at $10k per year, plus a guaranteed internship
- Decided on this amount after several interviews with underrepresented groups, most stating that $10k would make the biggest difference to their education
- Schwab does not select the students, the university manages the process
- Has deepened relationships with students, faculty and staff at target schools
