YOUNGSTOWN Youngstown State University's Student Investment Fund (SIF) received an additional $1.5 million thanks to the YSU Foundation Board of Trustees.

The Board passed a resolution providing the SIF with the additional funds to increase its managed portfolio. The funds will be paid in increments of $500,000 over the course of three years.

The funds will be used to invest in fixed-income assets.

Since its inception in 2008, the SIF have only researched and invested in equities. Now, the team will have an opportunity to compete in two different competitions in New York and Chicago.

"For 17 years, the students have been good stewards and fiduciaries of the Foundation's invested assets. We are proud of their success and trust their judgment to continue to serve as one of our portfolio managers," said YSU Foundation Investment Committee Chair Scott Schulick.

Additionally, SIF will be treated as all funds under management at the YSU Foundation and subject to the Foundation's 1% annual administrative fee and 4% spend policy for scholarships.

From the 4% annual spending fee, the current SIF scholarship program for the club officers and members who meet minimum participation thresholds, as well as funding for the annual trip to New York City and/or Chicago will be harvested.

The remainder of these funds will be designated for the YSU general scholarship fund.

As of September 30, 2025, the total amount managed by the SIF team is $4,520,124.33.