Wells Fargo launched the Get College Ready website last week, allowing parents and students to calculate and prepare for college costs.
The online platform provides information on comparing education award letters, understanding various financing options and options available to cover non-tuition expenses like rent, books, campus events and meal plans.
“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,” John Rasmussen, the head of Wells Fargo’s education financial services, said. “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 website includes several features, such as an interactive quiz to test the customer’s knowledge and understanding, a cost calculator to estimate how much money must be borrowed and a video series following a college advisor who guides the student through the financial aid process.