Wells Fargo, Scholarship America Launch 2020-21 Disability Scholarship Program
October 16 2019 - 8:15AM
Business Wire
Applications accepted through Dec. 6, 2019
In honor of National Disability Employment Awareness Month,
Wells Fargo & Co. (NYSE: WFC) and Scholarship America seek
applicants for the 2020-21 People with Disabilities Scholarship
Program.
The program will provide awards of up to $2,500 to qualifying
full-time students, renewable up to three years. Awards of up to
$1,250 are available to qualifying part-time students and are
renewable up to seven years, or until a bachelor’s degree is
earned, whichever occurs first. Students with disabilities can
apply for the scholarship program online through Dec. 6, 2019, or
until 700 applications are submitted.
In 2016, Wells Fargo committed $1 million over four years to
Scholarship America to develop and implement the program, which
aims to help people with disabilities obtain the education or
training they need to reach their career aspirations. According to
the U.S. Department of Labor, the unemployment rate for people with
disabilities is twice the rate of those without, and people who
have completed higher levels of education are more likely to be
employed. To date, Wells Fargo has donated $750,000 to Scholarship
America to help 111 scholarship recipients with disabilities
achieve their educational goals.
“I am deeply grateful for the support I received from Wells
Fargo throughout college,” said Gloria Li, a two-year scholarship
recipient and University of Florida graduate. “The scholarship
funds helped me purchase textbooks and pay for living expenses,
allowing me to focus on my academics and extracurricular
commitments. I recently graduated with my bachelor’s degrees in
environmental science and philosophy. Now that I am working in
energy policy, I have the exciting opportunity to put what I
learned into practice. Without scholarships like Wells Fargo’s, I
may not have had the ability to graduate debt-free and do what I
love after college.”
Application process
Applicants must meet all of the following criteria:
- Have an identified disability (defined as someone who has, or
considers themselves to have, a long-term or recurring issue that
affects one or more major life activities).
- Have a minimum grade point average of 3.0 on a 4.0 scale, or
equivalent.
- Be a high school senior or graduate who plans to enroll (or
already is enrolled) in full‑time or part-time (at least six
credits per term) undergraduate study at an accredited two‑year or
four‑year college or university in the U.S. for the entire 2020-21
academic year.
Applicants are required to complete the online application and
provide a current academic transcript.
The online application is accessible for users of all abilities.
A dedicated toll-free phone number and email address are available
to applicants who need additional assistance. Each applicant also
is required to submit an essay on the question, “What life
experiences have shaped who you are today?”
Selection criteria
The selection criteria include academic performance,
demonstrated leadership, work experience, a brief statement of
career and educational goals, and an outside appraisal. Financial
need will be considered.
For more information about the scholarships, please visit
https://learnmore.scholarsapply.org/pwdscholarship.
Leader Quotes
“People with disabilities strive for meaningful careers and
economic independence,” said Kathy Martinez, head of Disability and
Accessibility Strategy at Wells Fargo. “Education is key to
reaching those goals. We’re proud to collaborate with Scholarship
America to offer a program that empowers students to attain the
education or training needed for their desired career field.”
“We are proud to work with Wells Fargo on its People with
Disabilities Scholarship Program,” said Robert C. Ballard,
president and CEO of Scholarship America. “We believe in the power
of scholarships. They bridge gaps and give students the opportunity
to achieve their dreams for a higher education. Wells Fargo is
helping students with disabilities obtain the education needed to
reach their career goals and contribute their skills and talents to
our country’s economic success.”
About Scholarship America
Scholarship America is a nonprofit organization that helps
students fulfill their college dreams. Since 1958, Scholarship
America has distributed $4.2 billion to more than 2.5 million
students. The organization works with partners to lower barriers to
a college education and give students the support needed to
succeed. Learn more at scholarshipamerica.org.
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 7,500 locations, more than 13,000
ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 32 countries and territories to support customers who
conduct business in the global economy. With approximately 261,000
team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 29 on
Fortune’s 2019 rankings of America’s largest corporations.
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version on businesswire.com: https://www.businesswire.com/news/home/20191016005204/en/
Lisa Westermann, 415-845-7759 Lisa.b.Westermann@wellsfargo.com
@LWestermannWF Joan Cronson, 952.830.7308
jcronson@scholarshipamerica.org @scholamerica
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