The Student Investment Program (SIP) is supported by the generous donation of our initial sponsor Prudential Financial. SIP is administered in partnership with Student Freedom Initiative (SFI) and Stackwell, who will work to increase investment in financial markets for students attending Historically Black Colleges and Universities (HBCUs) and other Minority Serving Institutions (MSIs) nationwide within the SFI network with the resulting goal of better financial outcomes and financial wellness for future leaders in the community.
This pilot program provides students with hands-on investment education obtained through financial sessions focusing on understanding the fundamentals of securities markets, theories and concepts of security research, and valuation. The knowledge obtained in the sessions and on the platform will allow students to select from multiple portfolios provided. Eligible students will incrementally receive $1,000 over a 12-month period, are encouraged make monthly contributions over the same timeframe, and encouraged to participate in workshops, focus groups, and other data collection activities.
Financial educational sessions begin in January 2023, SIP launches in March 2023 for the selected applicants who have met eligibility criteria.
To be eligible to receive funds, the recipient must:
be from a Student Freedom Initiative participating institution,
be a currently enrolled, full-time (unless enrolled in last semester) undergraduate student maintaining Satisfactory Academic Progress (SAP),
must complete at least two (2) of the Prudential Pathways sessions between January 2023 and the end of February 2023, and
be a US Citizen or a Visa, Green Card, or ITIN holder.
SFI Participating Institutions
Alabama A&M University
Alabama State University
Albany State University
Bowie State University
California State University Long Beach
Central State University
Clark Atlanta University
Fayetteville State University
Florida A&M University
Hunter College - CUNY
Jackson State University
Jarvis Christian College
Johnson C. Smith University
Kentucky State University
Lincoln University (PA)
Meharry Medical College
Mississippi Valley State University
North Carolina Central University
Norfolk State University
Prairie View A&M University
South Carolina State University
St. Augustine’s University
Tennessee State University
Texas Southern University
University of California Riverside
University of Maryland Eastern Shore
University of the Virgin Islands
Virginia State University
Virginia Union University
West Virginia State University
Xavier University of Louisiana
The following documents must be submitted to complete your application:
Spaces are limited to 500 students. Students will be selected in a manner that ensures representation from all schools within Student Freedom Initiative’s network. Students at the same institution will be selected on a first-come, first-served basis. Students are eligible to participate in the Student Investment Program (SIP) if they meet the following criteria: (1) attend an institution that is part of the Student Freedom Initiative (SFI) network, (2) currently enrolled, full-time (unless enrolled in last semester) undergraduate student maintaining Satisfactory Academic Progress (SAP), (3) complete at least two (2) of the Prudential Pathways seminars scheduled between January 2023 and the end of February 2023, and (4) are a US Citizen or a Visa, Green Card, or ITIN holder. SFI reserves the right to disqualify any applicant due to an inaccurate, incomplete, or falsified application.
In January 2023, we will begin notifying students selected to participate in the Student Investment Program and continue until the program is reaches capacity.