Charles Schwab Foundation funding supports CWU Center for Financial Planning and Well-Being

  • February 26, 2024
  • Robin Burck

Schwab Advisor Services, in partnership with the Charles Schwab Foundation, recently awarded Central Washington University with a multi-year grant to support program expansion for the Center for Financial Planning and Well-Being (CFPW).

The CFPW helps prepare the next generation of financial planning advisors while improving the financial well-being of individuals and families across Washington state and the Pacific Northwest.

The multi-year grant will fund the following:

  • An expanded Money Savvy Wildcats peer-to-peer coaching program to serve CWU students on campus, online, and at eight satellite campuses statewide.
  • Incorporating greater school adoption across the state for CWU Finance 174, a college-level personal finance course, to offer the class to high school students free of charge as part of College in the High School (CiHS).
  • Programmatic support for deeper engagement in Personal Financial Planning (PFP), a program that is offered exclusively at CWU for the West Coast.
charles-scwab-foundation-logo.jpgBy investing in both the PFP and CiHS programs, students will have more exposure to the world of finance and, as a result, have the opportunity to consider it as a career for their future. With CWU currently delivering the most CiHS programming in the state, the funding from Charles Schwab will help expand offerings in the finance profession.

“We are honored to partner with Central Washington University to support the development of the next generation of talent and guide them toward career opportunities in the financial services industry,” said Managing Director and Head of Advisor Services Bernard Clark. “This is not only an investment in the work Central Washington University is doing for students; it is an investment in the future of the financial planning profession.”

After making an initial investment in the Money Savvy Wildcats program several years ago, Charles Schwab has recognized the value of peer to peer coaching and wants to help Central move to the next level by supporting growth across different areas of financial literacy. 

The grant from Charles Schwab will help CWU provide increased access to financial education and offer objective, high-quality financial guidance while developing diversity in the financial planning profession by drawing from traditionally underrepresented and rural communities.

"This grant will allow us to expand the benefits our center provides across the state and will immediately start changing lives,” CWU Assistant Professor of Personal Financial Planning Dr. Steele Campbell said.

“We can get our personal finance course to more high schools and offer financial coaching to more students and community members which will have a profound impact on current and future Wildcats. Central is paving the way for financial literacy in Washington, and the beauty of financial literacy is it has the power to have generational impact.”

CWU News

Passion for performance sends CWU Music standout to Italy and beyond

April 17, 2024


Campus community invited to Earth Day-focused Sustainability Forum on Tuesday, April 23

April 17, 2024


More News


Carlo Smith

Department of Finance and Supply Chain Management

Additional Resources