University of Florida and Wells Fargo Campus Card Agreement

Department of Education’s (ED) Cash Management

The Department of Education’s Cash Management regulations 34 CFR 668.164(d)(4)(i)(B)(2), require institutions participating in T2 (Campus Card) arrangements to list and identify the major features and commonly assessed fees as well as a URL for the terms and conditions of each financial account offered under the arrangement.

Account Disclosure

Agreement

Award Disclosure

University of Florida receives financial support from Wells Fargo for services associated with the GATORONE card to help offset costs. Students, faculty and staff are not required to open an account with Wells Fargo to receive or use the GATORONE card for other campus services.

University of Florida and Wells Fargo Campus Card AgreementFor the award year period of July 1, 2023 – June 30, 2024
Total number of student customers with linked accounts	7,330
Annual mean	$ 8.70
Annual median	$ –
Total consideration received by University of Florida	$ 360,000

The University of Florida is not an FDIC-insured deposit institution; FDIC deposit insurance only protects against the failure of Wells Fargo Bank, N.A. Member FDIC.

University of Florida and Wells Fargo Campus Card Agreement