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Mind of a Millionaire: Facing the Financial Challenge of College; Interview with Bill Fowler

Mind of a Millionaire: Facing the Financial Challenge of College; Interview with Bill Fowler

December 16, 2019
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Thank you for tuning into another episode of the Mind of a Millionaire podcast. This week we have a very special guest joining us, Bill Fowler. Bill is the Senior Vice President of the Daniels Scholarship Program, which is an extremely prestigious scholarship program in Colorado, New Mexico, Wyoming, and Utah. We say scholarship program intentionally as you will hear the incredible opportunities that this scholarship offers beyond the financial aid.

In this episode, Bill shares about the fund, the history of the fund, who the recipients are, and how you can help your children better address the price of college. If you have questions, please reach out to us and we would be happy to help or get you in touch with Bill if we cannot.


Who is Bill Fowler? [0:56]

The creation of the Daniels Fund [3:55]

  • The Grants Program (70%)
  • The Scholarship Program (30%)
  • The Ethics Program

The power of compound interest [7:05]

  • The Daniels Fund investment policy

Who are Daniels Scholars? [9:52]

  • Not an academic scholarship [11:09]

The selection process [13:18]

The Daniels Scholarship Program [14:29]

  • Are there other programs following in the same footsteps? [20:49]

Financial literacy training [22:22]

  • Talking with your children about money [23:23]

Traditional academic and athletic scholarships [25:32]

Federal PELL Grants [27:04]

Have a plan when it comes to college [30:18]

Colorado College Opportunity Fund [31:03]

When should parents being talking to their children about college? [33:53]

Budget transparency [38:31]

Financial challenges that college students face [49:11]


Thank you for listening. We hope you enjoyed this interview with Bill. Thank you Bill for joining us on the Mind of a Millionaire. As always, if you have questions or want to talk more about addressing your financial goals, please do not hesitate to reach out.


The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

No strategy assures success or protects against loss.

Bill Fowler and the Daniels Fund are not affiliated with LPL Financial and Denver Wealth Management.

The information in the links above are being provided strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. We make no representation as to the completeness or accuracy of the information provided at these web sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to your use of third-party technologies web sites, information and programs made available through this web site. When you access one of these websites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.