WELLS FARGO’S ‘SERVICIOS PARA ESTUDIANTES’ PREPARES SPANISH-SPEAKING STUDENTS, PARENTS FOR COLLEGE

WELLS FARGO’S ‘SERVICIOS PARA ESTUDIANTES’ PREPARES SPANISH-SPEAKING STUDENTS, PARENTS FOR COLLEGE



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San Francisco, CA,–(HISPANIC PR WIRE)–January 17, 2003–Spanish-speaking students and their parents can now access college preparatory information online thanks to Wells Fargo Education Financial Services’ (EFS) Servicios Para Estudiantes, an interactive resource center housed on the Wells Fargo Web site (http://www.wellsfargo.com ). Servicios Para Estudiantes, or Services for Students, is a branch of Servicios en Espanol, Wells Fargo’s Spanish online resource center specifically designed to help Spanish-speaking consumers and small business owners access the kind of valuable financial services information they need to help them grow and prosper.

Servicios Para Estudiantes includes information on applying for admission, completing the Free Application for Federal Student Aid (FAFSA), finding federal financial aid options, and working with financial aid offices. Information is also included on the CollegeSTEPS(R) Program, a Wells Fargo program that provides college preparatory information to high school students in the form of convenient e-postcards. Once students sign up, they automatically become eligible to win one of the 100 $1,000 scholarships being awarded to high school seniors through a series of random drawings this school year.”Studies show that 96 percent of Spanish-speaking parents expect their children to attend college,”says Jon Veenis, president of Wells Fargo EFS.”But, because of the lack of Spanish resources, Hispanic children often miss out on higher education opportunities. Servicios Para Estudiantes and our series of Spanish brochures were designed to change that. Every child should have the opportunity to reach their goals.

“Industry experts say Servicios Para Estudiantes couldn’t have come at a better time. With 40 million Hispanics living in the United States today, research conducted by Nielsen/NetRatings concludes that Latino Web surfers are the fastest growing at-home ethnic group on the Internet. Nearly 7.6 million Latinos accessed the Internet in June — a jump of more than 13 percent from last year-making Latinos the third-largest ethnic group online today. According to recent Web-tracking figures, more than five million people visited the Wells Fargo Web site last month. In addition, Wells Fargo EFS recently unveiled “Soluciones Para La Universidad,” or “Solutions For College,”a Spanish-translated brochure detailing current federal and private financial aid options.”Soluciones Para La Universidad”is the first in a series of Spanish language pieces Wells Fargo is producing to help Latino students and parents better prepare for college.

Wells Fargo EFS is a subsidiary of Wells Fargo&Company (NYSE: WFC), a diversified financial services company with $334 billion in assets, providing banking, insurance, investments, mortgage, and consumer finance from more than 5,600 stores and the Internet (http://www.wellsfargo.com) across North America and elsewhere internationally.

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CONTACT:

Laura Piñones Wyse

408-858-1638

WELLS FARGO’S ‘SERVICIOS PARA ESTUDIANTES’ PREPARES SPANISH-SPEAKING STUDENTS, PARENTS FOR COLLEGE