According to the release, this scholarship will provide students in underrepresented populations who aspire to follow a career in finance a $10,000 per academic year. Texas Tech will receive $500,000 from the Charles Schwab Foundation to distribute this scholarship.
Vickie Hampton, chair of the School of Personal Financial Planning, said this scholarship will allow students to complete a degree in financial planning with less stress on financing, while provide them with amazing internship and career opportunities, according to the release.
Hampton said it is a big step in building a more diverse population of financial planning professionals across the nation, according to the release.