Robinhood Teams Up With Higher Ed To Teach Financial Literacy

This fall, the University of Delaware, UNC Chapel Hill, Penn State, and Stanford University will begin offering a new kind of course designed to help students manage their money.

The course is part of Robinhood Money Drills®, a financial education program that teaches students practical skills like budgeting, saving, investing, and managing credit that they can use immediately. While all students are welcome to take the course, it was initially designed for athletes. Why? Many athletes start earning money through NIL (Name, Image, Likeness) deals while still in college, often before they’ve had the chance to learn how to manage a budget or file their taxes.

Supportive of these types of courses, MacKenzie Sigalos at CNBC says students say they want to learn about investing, taxes, and debt but they don’t always get that option in class. With Money Drills, they do. A good 96% of students in the program have reported to Robinhood that they feel more confident managing their personal finances after taking the course.

STUDENTS WANT FINANCIAL LITERACY

The four universities joining this program join eleven others who have already implemented the course and given their stamps of approval. Robinhood is also working with professors to make sure these courses count for credit at each university that hosts the course.

Each school is customizing the program to fit its students. Over at Stanford, not only is the school offering the course, but they have also signed a multi-year partnership with Robinhood Athletics.

Robinhood isn’t stopping at the college sports level. They’ve also teamed up with the Pro Athlete Community (PAC) to help professional athletes learn business skills and personal finance. PAC members can take executive education courses through schools like the University of Miami and connect with other athletes planning for life after sports.

“Making money is only half the story,” says NFL veteran Jamar Taylor told Robinhood. “It’s about knowing how to invest, protect your assets, and build long-term stability.”

Next Page: University of Toronto’s Rotman School to Help Spearhead Canada’s AI Initiatives

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