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The program is currently closed. Please check back in January for the updated program information.

 

Wells Fargo Veterans Scholarship Program
Application status: Closed

Wells Fargo is strongly invested in supporting our nation’s veterans, including a commitment to assist them in completing postsecondary education programs to help them return to, and succeed in, a competitive job market. The Wells Fargo Veterans Scholarship Program provides scholarships to fill unmet financial need of veterans after military benefits and other grants and scholarships have been packaged by their school. This financial support will allow veterans to focus on completing their education and reduce reliance on student loans.

The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship and tuition reimbursement programs for corporations, foundations, associations and individuals. Awards are granted without regard to race, color, creed, religion, sexual orientation, age, gender, disability or national origin.

Applicants to the Wells Fargo Veterans Scholarship Program must:

  • Be honorably-discharged (no longer drilling) veterans or spouses of disabled veterans who have served in the United States military, including the Reserves and National Guard, and have received a Certificate of Eligibility from the Department of Veterans Affairs or another document of service.
  • Be high school or GED graduates who plan to enroll or students who are already enrolled in full-time undergraduate (first Associates or Bachelor’s) or graduate (first Master’s degree) study at an accredited two-year or four-year college, university, or vocational-technical school* for the entire 2020-2021 academic year.
    *College must not be on warning or probationary status with the federal government, or must not be in litigation with the federal government or a state.
  • Have completed the FAFSA to ensure full discovery of actual unmet need.
  • Use any military education benefits for which they are eligible in the upcoming academic year.
  • Have a minimum cumulative grade point average of 2.0 on a 4.0 scale, or its equivalent.
  • Be eligible for Federal Funding-Subsidized and unsubsidized federal loans &/or Federal Pell Grants.

Award Amounts
Award amounts will be determined after military education benefits and federal, state, institutional grants and other scholarships are calculated. Awards may be renewed for up to three additional years or until an associate’s, bachelor’s or master’s degree is earned, whichever occurs first. Renewal is contingent upon satisfactory academic performance in a full-time course of study.

Awards are for educational expenses including tuition, fees, books, supplies, room and board, and transportation.

Awards may be deferred for an interruption in study due to medical, health and other extenuating circumstances. Requests for deferral will be handled on a case by case basis.

Selection of Recipients
Recipients are selected on the basis of academic performance, demonstrated leadership and participation in school and community activities, work experience, and two essays:

  • statement of military service, and career and educational goals and objectives
  • statement describing any personal and financial challenges that may be barriers to completing postsecondary education

Financial need will be considered.

Scholarship America will select finalists from the group of eligible, complete applications. Finalist applications will be reviewed by a review committee of Wells Fargo Veteran Team Members. Based on the above criteria, Scholarship America will select recipients and determine award amounts. All applicants agree to accept the decision as final.

 

 

Notification
Applicants will be notified in mid May. Not all applicants to the program will be selected as recipients. Recipients will be required to submit a college financial aid award letter for the upcoming academic year before award amount is determined.

Payment of Scholarships
Scholarship America processes scholarship payments on behalf of Wells Fargo. Payment is made in one installment in mid July. Checks are mailed to each recipient’s home address and are made payable to the school for the student.

As part of your application, you must upload the following document(s):

  1. A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.
  2. Current college financial aid award letter (preferred) OR Student Aid Report (SAR) from most recent FAFSA filed.
  3. Copy of DD214(preferred), Certificate of Eligibility from the Department of Veterans Affairs or other document of service. Be sure your DD214 includes the “Special Additional Information” section.
  4. If applicant is the spouse of a disabled veteran, provide VA disability letter and copy of marriage license.

Your application is not considered complete unless all required documents are submitted electronically.

Wells Fargo has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!