MINNEAPOLIS--(BUSINESS WIRE)--Oct. 30, 2009--
U.S. Bank will award up to 40 Internet scholarships for the 2009 – 2010
academic year. Previously, U.S. Bank awarded up to 30 Internet
scholarships each year, and it was limited to graduating high school
"Attempting to address the economic challenges that many students and
their families are experiencing, U.S. Bank is providing ten additional
Internet scholarships this year,” said Beth Dinndorf, senior vice
president and manager of U.S. Bank Student Banking. “We also want
students who are currently enrolled as undergraduates at a college or
university to be able to apply for an Internet scholarship.” Scholarship
awards for the past 13 years total more than $350,000.
The U.S. Bank Internet Scholarship program, available only via U.S.
Bank’s web site, will award up to 40 college scholarships valued at
$1,000 each. The U.S. Bank Internet Scholarship Program application is
available exclusively via the Internet between now and March 31, 2010.
Internet access is available at most high schools, colleges and public
libraries at no charge. Eligible high school seniors and college or
university undergraduates can now go online to access this source of
college scholarship dollars at www.usbank.com/studentloans.
Scholarship award recipients are selected through a random drawing
process. A high school senior planning to enroll or a current college
freshmen, sophomore or junior at an eligible four-year college or
university participating in the U.S. Bank No Fee Education Loan Program
are eligible to apply. They must also be a United States citizen or
permanent resident alien, and be enrolled by September 2010. Recipients
of a U.S. Bank Internet Scholarship will be notified of their selection
during the spring of 2010. Visit the web site at www.usbank.com/studentloans
for additional scholarship information.
U.S. Bank is one of the top student banking institutions in the nation,
providing a comprehensive line of student banking products including
private student loans, campus ID card programs, Internet banking, U.S.
Bank student checking and savings and Visa Buxx® prepaid
spending cards. U.S. Bank’s private No Fee Education Loan can help fill
the gap when federal Stafford loans are not enough. Students can access
the No Fee Education Loan, as well as paying for college information at
U.S. Bank's web site www.usbank.com/studentloans.
U.S. Bancorp (NYSE: USB), with assets of $265 billion, is the parent
company of U.S. Bank, the 6th largest commercial bank in the United
States. The company operates 2,851 banking offices and 5,175 ATMs in 24
states, and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products to
consumers, businesses and institutions. U.S. Bancorp is the parent
company of U.S. Bank. Visit U.S. Bancorp on the web at www.usbank.com.
Source: U.S. Bank
Amy Frantti, Media Relations, 612-303-0733