Wells Fargo Provides Scholarship Support to Misericordia Students

DALLAS TWP., Pa. – The Wells Fargo Foundation recently awarded a $25,000 grant to Misericordia University for the 2018-19 academic year. The donation will support the Wells Fargo Foundation Scholarship Fund that benefits financially deserving and academically eligible undergraduate students at Misericordia.

The grant allows Misericordia University to grow the number of low- and moderate-income students who receive financial aid at a time when more families are finding it increasingly difficult to cover the cost of tuition. Overall, about 99 percent of full-time students at Misericordia University receive some form of financial aid to finance their college education.

To address the growing need for financial aid, Misericordia University seeks the support of new and traditional sources of scholarship funding such as the Wells Fargo Foundation. The Wells Fargo Foundation Scholarship Fund is a financial lifeline for many students as it helps them pursue their academic dreams and professional aspirations.

“Misericordia has a tradition of serving students of lesser economic means, many of whom are first-generation college students whose families want to provide them with a college education, but are dependent upon significant financial assistance,’’ said Misericordia University President Thomas J. Botzman, Ph.D. “We are grateful for the continued support Wells Fargo provides for our students.”

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

For more information about Misericordia University, please call (570) 674-6400 or visit www.misericordia.edu. Founded by the Sisters of Mercy in 1924, Misericordia University is Luzerne County’s first four-year college and offers 56 academic programs on the graduate and undergraduate levels in full- and part-time formats. Misericordia University ranks in the top tier of the Best Regional Universities – North category of U.S. News and World Report’s 2019 edition of Best Colleges. The Princeton Review recognizes MU as a 2019 Best Northeastern College and Money Magazine includes Misericordia in its 2018-19 “Best Colleges” list.