ASU, UArizona to receive scholarship funds aimed at promoting diversity in financial planning
Mike Sunnucks/Business Journal
Posted at 9:14 AM, Mar 01, 2021
and last updated 2021-03-01 11:15:02-05
Arizona State University and the University of Arizona were named as two of the seven universities selected by Charles Schwab to receive portions of its $3.5 million endowment for scholarships aimed at promoting diversity in the financial services industry.
Underrepresented students at partnering universities can apply for approximately $10,000 per year in scholarship funds over two-year periods. These recipient students will also have access to mentoring, professional development and internship opportunities.
Carrie Schwab-Pomerantz, president of Charles Schwab Foundation and senior vice president of Charles Schwab & Co., said in a written statement that these funds will help students overcome barriers.