MINNEAPOLIS--(BUSINESS WIRE)--Oct. 13, 2005--High school seniors
can now go online to access a source of college scholarship dollars at
usbank.com/studentbanking. The U.S. Bank Internet Scholarship program,
available only through the Internet, will award up to 30 college
scholarships valued at $1,000 each to graduates of the high school
class of 2006. This is the tenth consecutive year of the U.S. Bank
Internet Scholarship Program. Scholarship awards for the past nine
years total more than $230,000.
"At U.S. Bank we know that students and their parents are under
increasing pressure when it comes to paying for a college education,
so we're glad to help out with this Internet scholarship program,"
said Russ Kruse, manager of the U.S. Bank student banking program. "In
addition to the Internet scholarship program, U.S. Bank offers a
powerful search engine that assists students and their parents by
finding other scholarship programs available from a multitude of
sources. The site also features information about paying for college,
including college financial planning and student loan guides."
The U.S. Bank Internet Scholarship Program application will be
available exclusively through the Internet between now and
February 28, 2006. Internet access is available at most high schools
and public libraries at no charge.
Scholarship award recipients are selected through a random drawing
process. Students who plan to attend an accredited two- or four-year
college in the fall of 2006 in a full-time course of study are
eligible to apply. They must also be a United States citizen or
permanent resident alien, and graduate from high school during the
2005-2006 academic year. See the web site for additional scholarship
Recipients of a U.S. Bank Internet Scholarship will be notified of
their selection in the spring of 2006. Only high school seniors are
eligible for the scholarship program.
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 student loans offer quality toll-free
customer service, state-of-the-art loan processing, online application
accessibility, and a variety of repayment options that offer savings
to borrowers. Student loan products include Federal Stafford, PLUS,
Consolidation, and Supplemental education loans.
U.S. Bancorp (NYSE:USB), with assets of $204 billion, is the 6th
largest financial holding company in the United States. The company
operates 2,383 banking offices and 4,877 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 is home of the Five Star Service
Guarantee which assures customers of certain key banking benefits and
services or customers will be paid for their inconvenience. U.S.
Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the
web at usbank.com. Member FDIC.
CONTACT: U.S. Bank
Amy Frantti, 612-303-0733
SOURCE: U.S. Bank