Wells Fargo announced the expansion of its CollegeSTEPS program. The expansion gives 520 high school students from all over the United States the chance to win a $1,000 cash prize they can use to help pay for college or other expenses.
A total of $520,000 will be given away. Students are automatically entered in the sweepstakes when they enroll in Wells Fargo's CollegeSTEPS program, which provides regular, helpful college planning and money management tips for parents and students, including how to find scholarships, apply for financial aid, make campus visits, save and budget and manage student loans.
"There is no question that tuition costs continue to rise across the country and can be daunting to college students and their families. There's also no question that a college degree can increase earnings potential and decrease the likelihood of unemployment," said John Rasmussen, head of Wells Fargo Education Financial Services. "Wells Fargo is committed to helping customers make their dreams of a college education become a reality. For years, the CollegeSTEPS program has provided students and their families with information and tools and we're proud to provide this additional opportunity for students who want to earn a college degree."
How to Enter the CollegeSTEPS expanded sweepstakes
Eligible high school students between the ages of 14 and 20 are automatically entered for a chance to win $1,000 when they enroll in the CollegeSTEPS program by visiting http://www.wellsfargo.com/expandedcollegesteps.com. The sweepstakes runs between April 1, 2013 and June 30, 2013.
If high school students are already enrolled in the CollegeSTEPS program and want to enter the expanded sweepstakes, they should visit http://www.wellsfargo.com/expandedcollegesteps.com and re-enroll by June 30, 2013. A total of 520 winners will be chosen and notified in August 2013. No purchase is necessary to enter or win. For complete sweepstakes rules, visit http://www.wellsfargo.com/expandedcollegesteps.com .