Students dedicated to making a positive difference in the world offer the greatest hope for the future, but for many their plans are threatened due to the unexpected financial gap posed by COVID-19 – sometimes prohibiting them from continuing and completing college. Wells Fargo wants to help close that gap by launching the Wells Fargo Student Impact Scholarship. This new initiative will provide 200 students with $5,000 each – funds that could help them cover various costs for their instruction and potentially make the difference in being able to continue their education. Wells Fargo’s commitment will go beyond financial assistance to include an optional mentorship opportunity to provide ongoing guidance for these students.
The program, which will begin accepting applications on Sept. 14, will be administered with long-standing partner APIA Scholars to students entering college and current college undergraduates for the Spring 2021 semester. The financial aid will be able to help cover costs of education like books, computers, materials to support distance learning, tuition, and housing.