LOS ANGELES, April 21, 2016 /PRNewswire-USNewswire/ -- Today Wells Fargo announced a gift of $2.75 million to the Hispanic Scholarship Fund (HSF), the nation's largest not-for-profit organization supporting Hispanic American higher education. With this new donation, the long-time HSF supporter and Groundbreaking Partner will provide outstanding Hispanic students across the country with funds and other vital resources needed to earn bachelor's degrees at accredited 4-year colleges and universities, as well as graduate and professional degrees, at distinguished institutions.
"This donation reaffirms our unwavering commitment to the important work HSF does to help Hispanic students graduate from a four-year University and finish their graduate studies," said Georgette "GiGi" Dixon, Wells Fargo's Director of Strategic Partnerships. "Our partnership with HSF has shown that together, we can continue to help families and students prepare, plan, and pay for higher education."
This new contribution will be used to provide financial and other relevant assistance to Hispanic students enrolled in accredited, 4-year colleges and universities, and graduate schools, during the 2016-2017 academic year. The scholarships will help students cover the cost of tuition, books, supplies, and other essentials. The gift will also enhance the college experience by further developing students' leadership and networking abilities through the support of programs and services, such as mentoring, leadership training, networking, career development, and more.
"We are honored to receive this new and generous donation from our Groundbreaking Partner, Wells Fargo," said Fidel A. Vargas, President & CEO, Hispanic Scholarship Fund. "For many years, Wells Fargo has been steadfast in supporting our efforts to help more students than ever, by helping us build a new technology platform, and by underwriting scholarships and additional support services to prepare students for college. We are delighted that this newest gift is designed to directly support Latino students eager to attend a four-year institution, excel in their studies, earn a degree and advance to graduate and professional degrees!"
About the Hispanic Scholarship Fund
Founded in 1975, the Hispanic Scholarship Fund empowers Latino families with the knowledge and resources to successfully complete a higher education, while providing scholarships and support services to as many exceptional Hispanic American students as possible. HSF strives to make college education a top priority for every Latino family across the nation, mobilizing our community to proactively advance that goal – each individual, over a lifetime, in every way he/she can. HSF also seeks to give its Scholars all the tools they need to do well in their course work, graduate, enter a profession, excel, help lead our nation going forward, and mentor the generations to come. As the nation's largest not-for-profit organization supporting Hispanic American higher education, HSF has awarded over $500 million in scholarships and provides a range of impactful programs for students, HSF Scholars, Alumni, and parents. For more information about the Hispanic Scholarship Fund, please visit HSF.net.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune's 2015 rankings of America's largest corporations. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.
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SOURCE Hispanic Scholarship Fund