To help parents and students prepare financially for college, Wells Fargo & Company (WFC) launched the Get College ReadySM website, a new, interactive online platform that offers a quiz, a calculator, videos and educational articles.
Wells Fargo created the Get College Ready website because next to financing a home, paying for an education can be one of the most important financial events in an individual's life.
The Get College Ready online platform offers information about how to prepare a financial plan for college, compare education award letters, understand available financing products and resources, and learn about available options to cover non-tuition expenses such as books, meal plans, rent, campus events, and miscellaneous expenses like cell phone plans, movies, and eating out.
"As a father of three, I can relate to the questions that parents and students ask when trying to understand all the factors that go into paying for a college education," said John Rasmussen, head of Wells Fargo's Education Financial Services. "The Get College Ready website is a user-friendly interface that will help bring clarity to the financial milestones that parents and students face when preparing for college. We're in the business of serving customers and working collaboratively to position them for success. This tool is a key ingredient to help them achieve their dream of a higher education."
The Get College Ready website includes the following features:
Knowledge Check: An interactive quiz to test the customer's knowledge and understanding of the different financial responsibilities involved in getting a college education.
Calculator: The Wells Fargo's College Cost Calculator can help provide an estimate of how much money they may need to borrow annually for college.
Mr. Fellows Videos: A fun video series featuring Mr. Fellows, a college "advisor", who explains the ins and outs of the college financial aid journey in five easy steps.
Website visitors can also learn more about Wells Fargo's products and services that are available to students, such as insurance, college credit cards, bank accounts and Hands on Banking® - a Wells Fargo's interactive program designed to help kids, teens, young adults and adults learn more about the basics of finances and money management.