Courtesy of Hampton University
In an ambitious effort to increase financial literacy and investment opportunities, Hampton University is proud to announce the expansion of its groundbreaking Hampton Investment Program in partnership with Stackwell, a leading fintech platform focused on reducing the racial wealth gap. Originally launched for freshmen in 2022, the program has now expanded to support students across all grade years and the wider Hampton community., including faculty, staff, alumni and parents.
Building on the success of an initial pilot phase that provided first-year students with basic investment education, the revamped program aims to equip up to 500 Hampton students with funded investment accounts. Each participating student will receive a free Stackwell account along with $150 in funding – an increase from the previous $25. This infusion of resources represents Hampton’s commitment to empowering its students with the tools necessary for financial health and generational wealth through informed investment practices.
“At Hampton University, we are deeply committed to empowering our students and the broader community through financial education and investment opportunities,” said President Darrell K. Williams. “Expanding the Hampton Investment Program in partnership with Stackwell is a significant step in our mission to promote financial prosperity and generational wealth.”
In addition to providing enhanced financing for student investors, the program features comprehensive investment education seminars. Participants also have access to Stackwell’s in-app Learning Center, which offers resources covering important topics such as saving, managing credit and setting financial goals.
Sharing of Resources
In addition, the expansion opens the door for up to 800 members of the greater Hampton community, including faculty, staff and alumni, to benefit from fee-free investment accounts and investment education resources.
Trevor Rozier-Byrd, Founder and CEO of Stackwell, expressed enthusiasm for the continued partnership: “The expansion of this program means that more of the Hampton community can invest and learn with Stackwell to create a thriving Hampton community. We look forward to seeing you on campus this year!”
The partnership with Stackwell complements existing financial education frameworks, such as those offered by Hampton’s Society for Financial Education and Professional Development. These initiatives prepare participants to apply their knowledge in real-world scenarios, setting the stage for financial success.
Entering its third year, the Hampton Investment Program stands out as a leading model for universities nationwide that aims to improve financial literacy and support community members on their investment journey. Students interested in obtaining a funded investment account can apply through a simple interest form.