MINNEAPOLIS--(BUSINESS WIRE)--Oct. 24, 2006--U.S. Bank's 11th
annual Internet scholarship program is now accepting applications.
High school seniors can now go online to access this 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 2007. Scholarship awards for the
past ten years total more than $260,000.
"The cost of a college education increases every year, and U.S.
Bank wants to do what it can to help students and parents offset the
expense," said Russ Kruse, manager of the U.S. Bank student banking
program. "Students and parents can use U.S. Bank's powerful search
engine that helps locate 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
The U.S. Bank Internet Scholarship Program application will be
available exclusively through the Internet between now and February
28, 2007. 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 2007 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
2006-2007 academic year. See the web site for additional scholarship
Recipients of a U.S. Bank Internet Scholarship will be notified of
their selection during the spring of 2007. 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 $217 billion, is the
sixth-largest financial holding company in the United States. The
company operates 2,462 banking offices and 4,943 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 the parent company of U.S. Bank.
Visit U.S. Bancorp on the web at www.usbank.com.
CONTACT: U.S. Bank
SOURCE: U.S. Bank