Schwab Scholar Account

The Schwab Scholar Accounts are an integral part of the Hagan Scholarship and are intended to provide recipients with the opportunity to learn “hands-on” how to invest to provide for their long-term financial security.

Particulars  
1. A $15,000 Schwab Scholar Account will be established for each recipient the first semester of their second year of college.
2. Each recipient will learn at HSF Workshops how to select and research common stock, write investment reports, and purchase and sell stock.
3. Each recipient will manage the Schwab Scholar Account pursuant to HSF Guidance and provided Instructions.
4. Each recipient will establish a personal Schwab Brokerage Account the fall semester of their fourth year of college in order to start planning, saving, and investing for their long term financial security.
5. After graduation from college and fulfillment of all recipient responsibilities, ALL stock appreciation and dividends in each recipient’s Schwab Scholar Account (up to $15,000) will be transferred to the recipient’s personal brokerage account. Recipients will not be responsible for any loss in their Schwab Scholar Account.

2015 Graduates (Inaugural Class)
Disbursements and Account Performance
1. Largest amount disbursed: $8,567
2. Average amount disbursed: $5,002
3. Average return for all accounts over 2.5 years: 50% (11% better than S&P 500)
4. S&P return over same time period: 39%

2016 Graduates
Disbursements and Account Performance
1. Largest amount disbursed: $5,686
2. Average amount disbursed: $3,071
3. Average return for all accounts over 2.5 years: 23% (9% better than S&P 500)
4. S&P return over same time period: 14%

2017 Graduates
Disbursements and Account Performance
1. Largest amount disbursed: $6,113
2. Average amount disbursed: $2,571
3. Average return for all accounts over 2.5 years: 26%% (9% better than S&P 500)
4. S&P return over same time period: 17%

2018 Graduates*
Disbursements and Account Performance
1. Largest amount disbursed: $9,845
2. Average amount disbursed: $3,805
3. Average return for all accounts over 2.5 years: 38%% (15% better than S&P 500)
4. S&P return over same time period: 23%

Schwab Scholar Account Assets (12-30-17)
$4,040,480

*Recipients graduating college while in the Hagan Scholarship Program.