MINNEAPOLIS, Nov 29, 2010 (BUSINESS WIRE) --
Eligible high school seniors and college or university undergraduates
can now go online and apply for one of 40 U.S. Bank Internet
Scholarships. This is the fifteenth year of the scholarship program.
The U.S. Bank Internet Scholarship program, available only via U.S.
Bank's web site at www.usbank.com/studentloans,
will award up to 40 college scholarships valued at $1,000 each for the
2010-2011 academic year. Scholarship awards for the past 14 years total
more than $390,000.
"U.S. Bank is proud to continue its Internet scholarship program to help
students fund their education," said Mark Snyder, vice president for
U.S. Bank Student Lending.
The U.S. Bank Internet Scholarship Program application is available
exclusively via the Internet between now and March 31, 2011. Internet
access is available at most high schools and public libraries at no
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 before September 1, 2011.
Recipients of a U.S. Bank Internet Scholarship will be notified of their
selection during the spring of 2011. 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(R) prepaid spending cards.
U.S. Bank's private No Fee Education Loan can help fill the gap when
federal loans are not enough. Students can access the No Fee Education
Loan application, as well as paying for college information, at U.S.
Bank's website www.usbank.com/studentloans.
U.S. Bancorp (NYSE: USB), with $291 billion in assets as of Sept. 30,
2010, is the parent company of U.S. Bank, the fifth largest commercial
bank in the United States. The company operates 3,013 banking offices in
24 states and 5,323 ATMs, and provides a comprehensive line of banking,
brokerage, insurance, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. Visit U.S. Bancorp
on the web at www.usbank.com.
SOURCE: U.S. Bank
Amy Frantti, Media Relations, 612-303-0733