MINNEAPOLIS, Oct 04, 2011 (BUSINESS WIRE) --
U.S. Bank is making it easier forhigh school seniors and college
undergraduates to pay for college. Forty lucky high school seniors and
college undergraduates will win a $1,000 U.S. Bank Scholarship.U.S.
Bank's 16th annual scholarship program is underway, and eligible high
school seniors and college undergraduates can apply online for a chance
to win a scholarship for the 2012-2013 academic year.
An application for the U.S. Bank Scholarship program is available
exclusively on the bank's web site now through March 31, 2012. 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/scholarship.
"This program offers scholarship winners the opportunity to help off-set
some of their educational expenses in these tough economic times and
helps make students aware of their options for paying for college," said
Lucille Conley, senior vice president of U.S. Bank Consumer Lending. "In
addition to the scholarship application, student and parents who visit
the web site can find useful information on how to pay for college and
credit wellness tips. They can also apply online for a private student
loan to cover additional expenses."
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 Student Loan Program are
eligible to apply. They must also be a United States citizen or
permanent resident alien, and be enrolled by September 2012. Recipients
of a U.S. Bank Scholarship will be notified of their selection during
the spring of 2012. Visit the web site at www.usbank.com/scholarship
for additional scholarship information and complete terms and conditions.
U.S. Bank is one of the top student banking institutions in the nation,
providing a comprehensive line of student banking products including
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 offers fixed and variable rate student loan options to help
fill the gap between other forms of financial aid and the full cost of
education. Students and parents can find financial education for
borrowers on U.S. Bank's Student Lending website: www.usbank.com/student-loans.
U.S. Bancorp (NYSE: USB), with $321 billion in assets as of June 30,
2011, is the parent company of U.S. Bank, the fifth largest commercial
bank in the United States. The company operates 3,086 banking offices in
25 states and 5,086 ATMs and provides a comprehensive line of banking,
brokerage, insurance, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. U.S. Bancorp and its
employees are dedicated to improving the communities they serve, for
which the company earned the 2011 Spirit of America Award, the highest
honor bestowed on a company by United Way. Visit U.S. Bank on the web at www.usbank.com.
SOURCE: U.S. Bank
Amy Frantti, Public Relations, 612-303-0733