SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announced today the expansion of its CollegeSTEPS® program. The expansion gives 520 high school students from all over the United States the chance to win a $1,000 cash prize they can use to help pay for college or other expenses. A total of $520,000 will be given away. Students are automatically entered in the sweepstakes when they enroll in Wells Fargo’s CollegeSTEPS program, which provides regular, helpful college planning and money management tips for parents and students, including how to find scholarships, apply for financial aid, make campus visits, save and budget and manage student loans.
“There is no question that tuition costs continue to rise across the country and can be daunting to college students and their families. There’s also no question that a college degree can increase earnings potential and decrease the likelihood of unemployment,” said John Rasmussen, head of Wells Fargo Education Financial Services. “Wells Fargo is committed to helping customers make their dreams of a college education become a reality. For years, the CollegeSTEPS program has provided students and their families with information and tools and we’re proud to provide this additional opportunity for students who want to earn a college degree.”
How to Enter the CollegeSTEPS expanded sweepstakes
Eligible high school students between the ages of 14 and 20 are automatically entered for a chance to win $1,000 when they enroll in the CollegeSTEPS program by visiting http://www.wellsfargo.com/expandedcollegesteps.com. The sweepstakes runs between April 1, 2013 and June 30, 2013. If high school students are already enrolled in the CollegeSTEPS program and want to enter the expanded sweepstakes, they should visit http://www.wellsfargo.com/expandedcollegesteps.com and re-enroll by June 30, 2013. A total of 520 winners will be chosen and notified in August 2013. No purchase is necessary to enter or win. For complete sweepstakes rules, visit http://www.wellsfargo.com/expandedcollegesteps.com.
About Education Financial Services
Wells Fargo Education Financial Services serves more than 1.9 million student and family customers in all 50 states and has been in the student lending business for 44 years helping customers make smart borrowing decisions to finance education. Education Financial Services provides customers with financial tips and tools to keep their finances on track while in school and prepare them financially for when they finish college. Wells Fargo markets its education products to colleges and universities, directly to consumers and through Wells Fargo Bank. As part of the organization’s commitment to education, in 2012, Wells Fargo’s community investments included $75.7 million to 8,000 educational programs and schools around the U.S.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.