Through its CollegeSTEPS program, Wells Fargo bank is offering free money to cover education costs.
Wells Fargo has committed $520,000 for high school students across the country to use for college or other expenses.
CollegeSTEPS will provide 520 high school students with a $1,000 cash prize.
To enter for a chance to win, eligible high school students between the ages of 14 and 20 who are legal U.S. residents can log onto www.wellsfargo.com/expandedcollegesteps.com between April 1 and June 30.
Winners will be chosen and notified in August.
Students are automatically entered in the sweepstakes when they enroll in Wells Fargo's CollegeSTEPS program, which provides 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 money, 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," 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."
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