Robinhood expands financial literacy program to four campuses
Robinhood, the American fintech giant, is broadening its Money Drills initiative, bringing financial literacy courses to four more campuses: the University of Delaware, the University of North Carolina at Chapel Hill, Pennsylvania State University, and Stanford University. The expansion builds on a program already running at 11 colleges nationwide, designed to equip young people—especially student-athletes—with practical money management skills.
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According to Robinhood’s official site, the Money Drills courses are open to all students and count toward graduation credit. The curriculum covers essentials such as budgeting, saving, credit management, and investing. For athletes, who often begin earning income under name, image, and likeness (NIL) rules while still in school, the program offers critical financial knowledge before they face major decisions. National research shows many students struggle with debt and lack emergency savings, underscoring the importance of early financial education.
University voices and early results
Chloe Barz, Senior Director at Robinhood, said the expansion reflects the company’s long-term commitment: “With Robinhood’s support and professors’ expertise, we can meet students exactly where they are, providing them with relevant and meaningful financial tools.”
University leaders echoed that sentiment. At UNC, Dr. Erianne Weight emphasized that financial knowledge empowers athletes to cope with the growing pressures of modern college sports. At Delaware’s Lerner College, Dean Oliver Yao highlighted the value of offering “innovative and accessible learning opportunities.” Penn State stressed a holistic approach, embedding Money Drills into athlete development and life-skills training. Stanford pointed to financial wellness as critical not only during students’ academic years but long after graduation.
Since its launch two years ago, Money Drills has reached thousands of students, with 96% of participants reporting improved ability to manage personal finances. Areas like taxes, debt management, and investing remain the top draws, giving students skills that extend far beyond the classroom.
New partnerships and a broader mission
Robinhood also announced a multi-year partnership with Stanford Athletics—the same university where its co-founders first met. The deal adds Stanford to a growing roster of sports collaborations that already includes teams across the NBA, NHL, and motorsports.
Beyond college campuses, Robinhood is also working with the Pro Athlete Community (PAC), an organization dedicated to helping professional athletes build business acumen and leadership skills. This collaboration extends the reach of Money Drills and strengthens Robinhood’s mission of financial empowerment.
By bridging financial education with both academics and athletics, Robinhood aims to give students and athletes alike the playbook they need to succeed—on the field, in the classroom, and well into the future.
Related: Robinhood files to launch retail-focused private markets fund
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