The University of Dayton is one of seven colleges to receive gifts from Oak to fund student managed investment portfolios.
Colleges benefit, too.
At year's end the students can withdraw 5 percent of its portfolio and contribute it to the university's general fund. Jim Oelschlager of Oak Associates launched the project because he believes it's beneficial for students to be able to use real money, rather than simulated portfolios, to learn about the stock market. There are only two restrictions. We don't want professors to make the decisions, and we don't want students buying mutual funds. Students from Mount Union College, in Alliance, Ohio, won the first year's competition, with performance up 22 percent.