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NEWS RELEASE: Fidelity Expands Partnership with Education at Work to Expand Talent Pipeline at NKU

Partnership celebration VIPs – Larry Lutz, Education at Work President; Mark Scheid, SVP & Fidelity Investments Workplace Investing Covington, KY Site General Manager; Geoffrey Mearns, Northern Kentucky University President; Kim Scranage, Northern Kentucky University Vice President of Enrollment Management; Nicole Hannon, EAW/NKU Alumna & Fidelity Financial Associate; Dave Dougherty, Education at Work Chairman and Founder

Partnership celebration VIPs – Larry Lutz, Education at Work President; Mark Scheid, SVP & Fidelity Investments Workplace Investing Covington, KY Site General Manager; Geoffrey Mearns, Northern Kentucky University President; Kim Scranage, Northern Kentucky University Vice President of Enrollment Management; Nicole Hannon, EAW/NKU Alumna & Fidelity Financial Associate; Dave Dougherty, Education at Work Chairman and Founder

CINCINNATI, OH – Fidelity Investments has created 40 part-time student jobs on Northern Kentucky University’s (NKU) campus as an expansion to its four-year partnership with Education at Work (EAW). The global financial services company partnered with Education at Work in 2013 to bring a collegiate workforce onto its Covington, KY location through EAW’s on-site staffing model. Since the partnership’s inception, it has seen a 74% post-graduation full-time job placement rate of Education at Work student-employees.

“Our partnership with EAW has provided Fidelity with a unique opportunity to extend our talent pipeline directly to students at colleges and universities across the Tri-state,” said Mark Scheid, senior vice president, Fidelity Workplace Investing. “Collaborating with EAW and NKU to build out the on-campus contact center takes it to the next level, creating more flexibility for students to transition between classes and work. Ultimately, we are excited to prepare more students for post-grad careers and potentially recruit these same students for full-time roles at Fidelity.”

Students at the NKU contact center will support Fidelity’s goal in making financial expertise broadly accessible and effective in helping people live the lives they want. Student-employees will learn professional communication skills including business writing, problem solving and how to multi-task while managing inbound customer inquiries.

Each EAW student-employee at the (NKU) on-campus contact center earns an hourly wage and has the opportunity to earn up to an additional $5,250 in tuition assistance per year through EAW’s tuition assistance program. To date, EAW student-employees working on-site for Fidelity have earned $550,000 in tuition assistance and $1,020,000 in wages.

Fidelity is EAW’s second on-campus partner at NKU since the grand opening of the campus center in October 2016. The University prepares its more than 14,000 students for success after graduation through innovative partnerships like the one with EAW.

“NKU is pleased to partner with Education at Work and Fidelity in offering additional real-life experiences for our students,” said Kimberly Scranage, NKU vice president for enrollment and degree management. “We know that one obstacle to a student’s success is often financial. This is yet another example of how NKU works daily to put our students first and help them to succeed.”

EAW is an affiliate of USA Funds, an Indianapolis-based nonprofit organization that supports Completion With a Purpose, enhancing student success in college and careers. EAW is the first non-profit in the business process outsourcing industry, and is committed to helping college students graduate with less debt and more professional skills through innovative partnerships with clients and universities like Fidelity and NKU.

Since Education at Work’s inception in 2012, EAW student-employees across the country have earned at total of over $3.2 million in tuition assistance and $13.1 million in wages.

“With the support of Fidelity Investments, we have an opportunity to expand our partnership at Northern Kentucky University and continue to produce career-ready students,” said Dave Dougherty, chairman and founder of EAW. “Not only are these students filling Fidelity’s talent pipeline post-graduation, they are graduating with significantly less student loan debt.”

For more information about the Fidelity expansion or Education at Work, please contact Tanya Gantzer by phone at 513-351-1555 or email at tanya.gantzer@educationatwork.org.

About Education at Work

Education at Work logo

Education at Work is a nonprofit contact center provider helping college students graduate with less debt by partnering with clients to address customer service needs through a high-achieving, millennial workforce. To learn more about Education at Work, visit its website.

About Northern Kentucky University

Northern Kentucky University is a major metropolitan university enrolling more than 14,000 associate, undergraduate, graduate, professional, and doctoral students in six colleges – the College of Arts and Sciences, the Haile/US Bank College of Business, the College of Education and Human Services, the College of Health Professions, the College of Informatics, and the Chase College of Law. Located just 7 minutes south of downtown Cincinnati, NKU’s innovative academic programs and strong commitment to student success both in the classroom and beyond have helped the university earn the designation of one of America’s Best Colleges by Forbes magazine for eight consecutive years. To learn more visit its website.

About Fidelity Investments

Fidelity Investments

Fidelity’s goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. With assets under administration of $5.6 trillion, including managed assets of $2.1 trillion as of July 31, 2016, we focus on meeting the unique needs of a diverse set of customers: helping more than 25 million people invest their own life savings, nearly 20,000 businesses manage employee benefit programs, as well as providing nearly 10,000 advisory firms with investment and technology solutions to invest their own clients’ money. Privately held for nearly 70 years, Fidelity employs 45,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about.

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