Wells Fargo, Scholarship America Invite Veterans to Apply for Scholarships, Emergency Grants

SAN FRANCISCO, January 7, 2019 /3BL Media/– Wells Fargo & Company (NYSE: WFC) and Scholarship America announced they are accepting applications for the 2019 Wells Fargo Veterans Scholarship and Wells Fargo Veterans Emergency Grant Programs. In 2016, Wells Fargo committed $2 million over a four-year period to fund the programs and assist veterans and spouses of veterans with disabilities succeed in getting the education they need for careers they choose. To date, Wells Fargo and Scholarship America have awarded 72 scholarships and 135 emergency grants.

“Scholarship America is proud to collaborate with Wells Fargo on the company’s Veterans Scholarship and Veterans Emergency Grant Programs,” said Robert C. Ballard, president and CEO. “The personal stories from more than 200 recipients to date make it abundantly clear how critically important these dollars are to those brave men and women who served in the U.S. military. It’s an honor to help those veterans in return by ensuring financial obstacles don’t stand in the way of advancing their education.”   

Zachary Meade, 2017-2018 veteran scholarship recipient, served as a bomb squad technician in the military. When Meade left the service, he became an emergency medical technician (EMT), earned his bachelor of science in electrical engineering, and started working on an advanced degree at the Carle Illinois College of Medicine, the first engineering-based college of medicine.

“As a result of the scholarship, I was able to focus on my academics and graduate first in my class with the highest honors,” said Meade. ”I earned one of 32 positions at the world’s first engineering-based college of medicine. I want to combine my passion for engineering and medical technology to help my fellow veterans who lost limbs, eyesight and more.”

Scholarship America, one of the largest providers of U.S. postsecondary educational assistance programs, and Wells Fargo collaborated on the application and selection process for the scholarship and emergency grants, using best practices from the highest quality postsecondary educational aid programs.

“Veterans have a long history of serving communities in and out of the military,” said Jerry Quinn, Wells Fargo Military Affairs Program manager. “By working with Scholarship America, we’re able to assist Zachary and other veterans as they grow in new careers and serve in other meaningful ways.”

The Wells Fargo Veterans Scholarship Program

Applications for the scholarship program are being accepted through Feb. 28, 2019. Awards will be made to honorably discharged veterans or spouses of disabled veterans who are high school or GED graduates. Renewable scholarships for up to $7,000 per year will be granted, determined by financial need and consideration of academic performance, work experience, leadership, community service, and challenges with completing a postsecondary program. Each award renewal will increase by $1,000 over the previous year to encourage program completion for each recipient. Visit www.scholarsapply.org/wellsfargoveterans for more information and to apply.

The Wells Fargo Veterans Emergency Grant Program

Emergency grants are available on an ongoing basis for eligible veterans who are enrolled in postsecondary education and experience unexpected financial difficulties that might cause them to drop out of school. Grants will be available for a one-time distribution up to $1,000 based on the cost of the emergency need, such as rent, utilities, daycare, and medical expenses. Visit www.scholarsapply.org/wellsfargoveteransemergency for more information and to apply.

Information about Wells Fargo’s support of service members, veterans, and their families is available at wellsfargo.com/military/veterans.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,950 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 37 countries and territories to support customers who conduct business in the global economy. With approximately 262,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2017 rankings of America’s largest corporations. In 2017, Wells Fargo donated $286.5 million to 14,500 nonprofits and Wells Fargo team members volunteered a record 2 million hours. Wells Fargo’s corporate social responsibility efforts are focused on three strategic priorities: diversity and social inclusion, economic empowerment, and environmental sustainability. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Media

Lisa Westermann, 415-845-7759
Lisa.b.westermann@wellsfargo.com
@LWestermannWF