Schwab Brokerage Accounts

Schwab Brokerage 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 in order to provide for their long-term financial security.

Schwab Brokerage Account Particulars  
1. Each second year recipient will be provided with a $15,000 Schwab Brokerage Account to manage until graduation, in order to learn how to invest to attain financial security.
2. Each recipient will learn how to select and research common stock, write investment reports, and purchase and sell stock.
3. After graduation from college and fulfillment of all recipient responsibilities, ALL stock appreciation and dividends in each recipient’s Schwab Brokerage Account (up to $10,000 per recipient) will be transferred to the recipient’s personal Schwab Account, see 4 below. Recipients will not be responsible for any loss in their Schwab Brokerage Account.
4. Each recipient will establish a personal Schwab Account the fall semester of their fourth year of college in order to start planning, saving, and investing for their long term financial security. After the personal accounts are established HSF will deposit $2,000 in each account.

Assets Managed by Hagan Scholars (6-1-21)
$11,775,607

Recipient Investment Returns
The average holding period is 2.5 years. Average recipient investment returns have substantially exceeded the S&P 500 Index over the same time periods. All investments are in S&P 500 Index stocks that meet value investment criteria established by HSF.

2015 Graduation Class (Inaugural Class)
1. Largest gain: $8,567
2. Average account return: 50%
3. S&P 500 Index return: 39%

2016 Graduation Class
1. Largest gain: $5,686
2. Average account return: 23%
3. S&P 500 Index return: 14%

2017 Graduation Class
1. Largest gain: $6,113
2. Average account return: 26%% 
3. S&P 500 Index return: 17%

2018 Graduation Class
1. Largest gain: $9,845
2. Average account return: 38%%
3. S&P 500 Index return: 23%

2019 Graduation Class
1. Largest gain: $10,893
2. Average account return: 34%%
3. S&P 500 Index return: 37%

2020 Graduation Class
1. Largest gain: $6,734
2. Average account return: 17%%
3. S&P 500 Index return: 24%

Decisions made by HSF are final and not subject to appeal. Terms and Conditions are subject to change without notice.