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It's That Time of Year...Add Scholarship Search to New Year's To Do List

MINNEAPOLIS--(BUSINESS WIRE)--Jan. 5, 2007--Students and parents who have resolved to search for scholarship information in the New Year can get a head start with information provided by U.S. Bank at www.usbank.com/studentbanking.

"This time of year is prime time to search online for scholarship information and opportunities," said Russ Kruse, manager of the U.S. Bank student banking program. "There is a wealth of free scholarship information located on the website. U.S. Bank wants students and parents to have convenient access to information about scholarships, as well as financial aid, college life and extracurriculars, to help make planning and paying for college less stressful."

Scholarship information that can be accessed via U.S. Bank's web site includes:

  • U.S. Bank's 11th annual Internet scholarship program, which is accepting applications at www.usbank.com/studentbanking. The U.S. Bank Internet Scholarship program is available only through the Internet through Feb. 28, 2007, and will award up to 30 college scholarships valued at $1,000 each to graduates of the high school class of 2007. Only high school seniors are eligible for the scholarship program. Visit the web site for additional scholarship information.
  • U.S. Bank has partnered with Peterson's, a Nelnet company, to offer students a free scholarship search engine via the bank's web site. Peterson's is a leading provider of education and career guidance and information with live, online and print resources for students, families, schools and educators. To reach the scholarship search engine, users need to go to www.usbank.com/studentbanking, click on "Paying for College" in the upper left side of the web page, then click on "Scholarships," also located in the middle of the web page.
  • U.S. Bank also supports Mapping Your Future (MYF), a national collaborative, public service organization of the financial aid industry that brings together the expertise of the industry to provide services online. MYF's mission is to provide free online career, college, financial aid and financial literacy information and services. Features of the MYF web site include early career awareness, college preparation and selection, financial fitness, college financial aid, online student loan counseling and live chat events. MYF can be accessed directly at www.mapping-your-future.org or at www.usbank.com/studentbanking. Visitors need to click on "Planning for College" in the upper left corner of the web page, then click on "Mapping Your Future," located in the middle of the web page.

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 2,467 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.

Media Relations
Teri Charest, 612-303-0732


"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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