Schwab Advisor Services and the Charles Schwab Foundation have announced enhancements to their Registered Investment Advisor Talent Advantage Student Scholarship program, increasing the number of students from 13 to 15 and the amount received from $10,000 to $15,000.
The enhancements, meant to recognize the scholarship program’s fifth anniversary, come as the Charles Schwab Foundation expects to see the separate Schwab University Grant Program reach $25 million in total funding for 2025. To date, grants have been awarded to 35 colleges and universities across 28 states.
“We are focused not only on investing in individual students, but also in the educational systems, the communities that nurture them and the industry that will one day benefit from their contributions,” Jon Beatty, head of Schwab Advisor Services, said in a statement. “Our continued commitment reflects our firm belief that the future of financial services lies in the hands of the next generation of talent.”