The U.S. Bank Student Scholarship offers a unique approach to scholarship funding by intertwining financial literacy education with scholarship opportunities. Sponsored by U.S. Bank, this scholarship encourages college-bound students to engage in free online modules about financial education and rewards them based on their engagement and learning.

Key Details

• Organization: U.S. Bank
• Address: 800 Nicollet Mall, Minneapolis, MN 55402
• Phone Number: 612.418.4178
• Email: financial.education@usbank.com
• Level of Study: Associate Degree, Bachelor's Degree, High School
• Award Type: Prize
• Deadline: October 30 (Annually)

Purpose

The primary goal is to promote financial literacy among young people, especially those on the brink of entering college. It's a need-based scholarship in a sense, but the need it addresses is for education about managing finances, not financial hardship per se.

Focus

While many scholarships focus on academic achievement or extracurricular activities, this one uniquely targets financial education. The scholarship is structured to incentivize learning, with higher award amounts corresponding to more modules completed.

Qualifications

• Applicants must be at least 17 years old.
• Applicants must be accepted or enrolled as undergraduate students by September 1.

Criteria for Selection

The selection process is randomized but depends on the number of completed educational modules. It offers a variety of awards, so even if you don't get the top prize, you still have a chance at receiving some financial aid for your efforts.

Amount

The awards vary based on how engaged you are in the educational process:

• $1,500
• $4,000
• $10,000
• $14,000

Award Duration

The scholarship is a one-time award, meaning it is given for one year and does not renew automatically.

Number of Recipients

Seven students will be selected to receive varying amounts based on their completion of financial education modules.

How to Apply

1. Visit the U.S. Bank Student Scholarship page for application details.
2. Complete the required online financial education modules.
3. Check your eligibility criteria and submit your application before the deadline.

Contact

For any questions or inquiries, you can contact Katharine Christianson at Katharine.christianson@usbank.com.

This scholarship serves a dual purpose: it provides financial aid to college-bound students and simultaneously educates them about personal finance. It's an excellent opportunity for students to prepare for the financial responsibilities that come with adulthood while also gaining some financial support for their education.

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