Wells Fargo is presenting $1,000 checks to 520 high school students who won the bank’s CollegeSTEPSÂ® expanded sweepstakes, which is part of the bank’s CollegeSTEPSÂ® program. The program offers college planning and money management tips to high school and college students, as well as their parents. Planning topics include conducting a scholarship search, the financial aid application process, campus visits, saving money, and managing student loans.
The purpose of the Wells Fargo CollegeSTEPSÂ® sweepstakes is to help students cover additional educational costs such as books, computers, or lab fees. Wells Fargo has awarded more than $1 million to students through its CollegeSTEPSÂ® sweepstakes since 1998. The financial institution estimates it will award an additional 200 $1,000 cash this academic year.