Wells Fargo has established a scholarship program to assist Wells Fargo employees’ dependent children who plan to continue their education in college or vocational school programs.
The program is administered by Scholarship America, the nation’s largest designer and manager of scholarship, tuition assistance and other education support programs for corporations, foundations, associations and individuals. Awards are granted without regard to color, creed, religion, sexual orientation, gender, disability or national origin.
Applicants to the Wells Fargo Children of Employee Scholarship Program must be:
Awards will range from $1,000 to $3,000. Awards amounts will be based on financial need.
Undergraduate awards are renewable up to three years. Graduate study awards are renewable up to one additional year. Awards are renewable on the basis of satisfactory academic performance, full-time enrollment and continued parental employment.
The maximum total number of years a student may receive an award is limited to six (6) times including past recipient years. Renewal awards cannot transfer from an undergraduate degree to a graduate degree. Undergraduate recipients must reapply for graduate awards.
Applicants not selected as recipients may reapply to the program each year they meet eligibility requirements.
Selection of Recipients
Scholarship recipients are selected on the basis of academic performance, demonstrated leadership and participation in school and community activities, honors, work experience, a statement of goals and aspirations, unusual personal or family circumstances, and one online recommendation.
Once an applicant is determined a recipient based on the above criteria, financial need will be used to determine the award amount.
The percentage of scholarship applications received for each ethnicity will match the percentage of applications awarded to qualifying applicants.
Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Wells Fargo play a part in the selection. All applicants agree to accept the decision as final.
Applicants will be notified in mid-June. Check your email regularly. Not all applicants to the program will be selected as recipients.
Payment of Scholarships
Scholarship America processes scholarship payments on behalf of Wells Fargo. Payments are made in one installment in early September.
As part of your application, you must upload the following document(s):
One online recommendation form must be submitted on your behalf no later than April 22, 2021 11:59 pm CT.
Your application is not complete unless all required materials are submitted electronically.