US Bank Scholarship – 2023/2024

The U.S. Bank Scholarship Program offers a lucrative opportunity for students pursuing undergraduate studies in the United States. With eligibility exclusive to legal residents of the U.S. who are 17 years of age or older and enrolled in at least six credit hours per semester by September 1, 2024, this scholarship aims to alleviate the financial burden of higher education. Current employees of U.S. Bank or previous scholarship winners, however, are not eligible to participate.

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Entrants are welcome to apply during two distinct entry periods: one starting from February 21 through June 30, 2023, and the second from August 1 until October 30, 2023, increasing their chances of securing a scholarship as they navigate through their academic journey.

To participate, students are encouraged to engage with interactive financial education content by completing learning modules in the U.S. Bank app. Alternately, they can use the traditional mail-in method to enter the sweepstakes. Importantly, there is no purchase or payment necessary to enter or win, thus ensuring a fair and equitable process for all potential entrants. The program boasts multiple scholarship awards, ranging from $2,000 to $20,000—notably, the grand prize—to assist with educational expenses. However, winners must act promptly as they have only 48 hours to respond to notification and submit any required verification documents for their prizes to be processed and awarded.

The financial support provided by the U.S. Bank Scholarship is paid directly to the educational institution to cover eligible tuition expenses. While this sizable financial aid can play a significant role in a student’s educational path, it’s essential to note the limit of one prize per person to maintain an equitable distribution among participants. Moreover, U.S. Bank Scholarship awarded may carry tax obligations, and entries undergo a strict verification process to ensure the integrity of the sweepstakes. Prospective entrants can request a complete list of winners by mail after the drawing. As the sponsor of this significant educational investment, U.S. Bank, headquartered in Minneapolis, MN, underlines its commitment to community support and the advancement of young scholars across the nation.

U.S. Bank Student Scholarship Free Participation

No purchase or financial outlay is required to participate in the sweepstakes. This opens the opportunity to a wider audience, ensuring fairness and accessibility in the chance to win a scholarship award.

  • No purchase or payment necessary to enter or win.

Dispute Resolution

Any disagreements will be resolved individually through binding arbitration, maintaining a clear and direct process for legal dispute resolution and prohibiting class action lawsuits.

  • Binding, individual arbitration for disputes; no class actions.

How to Apply US Bank Scholarship ?

The sweepstakes is exclusive to legal U.S. residents who are at least 17 years old and enrolled undergraduates. There are restrictions for U.S. Bank employees and previous winners to maintain equitable chances for new participants.

  • Open to legal U.S. residents, age 17+, enrolled for at least 6 credit hours.
  • Excludes prior winners and U.S. Bank employees.

When is The US Bank Scholarship Due ?

There are two distinct entry periods throughout 2023, offering multiple opportunities for entrants to submit their participation.

  • Entry Period 1: Feb 21 – Jun 30, 2023.
  • Entry Period 2: Aug 1 – Oct 30, 2023.

How to Enter

Participants can either use the sponsor’s app to complete educational activities or send their entries by mail, promoting accessibility regardless of technological availability.

  • Enter via learning activities in the app or by mail-in entry.

US Bank Scholarship Prizes

Multitudes of scholarships are available, varying in size, catering to different financial needs of the students.

  • Awards range from $2,000 to $20,000 in scholarships.

Prize Claiming Process

Winners have a short timeframe to claim their award and must present additional documentation, ensuring a quick and secure verification process.

  • 48-hour window to respond to prize notifications.
  • Submission of verification documents is required.

Use of Scholarship

Awards are designated for educational expenses, ensuring that the financial support is invested directly in the recipients’ academia.

  • Scholarship funds paid directly to educational institutions.

Prize Restrictions

Individuals are limited to one prize, which prevents repeated winnings and promotes a fair chance for all participants.

  • One prize limit per person.
  • Restriction on previous winners to enable new recipients.

Sponsorship Liability

The sponsor limits their liability regarding the sweepstakes, clearly stating their non-accountability for potential issues related to the event.

  • Sponsor not liable for damages relating to the sweepstakes.

Participants agree to the potential public use of their personal details for promotional purposes, which could include announcements or marketing material.

  • Entrants agree to the use of their details for publicity.
US Bank Scholarship

Tax Responsibilities and Verification of Entries

Victory in the sweepstakes may lead to tax implications, and all entries are subject to a standard verification process to ensure fairness and legitimacy.

  • Winners responsible for any tax implications.
  • All entries are subject to verification.

Request for Winners List

Transparency is a key aspect of the sweepstakes, as entrants can request a list of the winners, ensuring openness and trust in the process.

  • Winners list available by mail request.

U.S. Bank holds the sponsorship of the sweepstakes, providing key information regarding the managing entity for participants’ reference.

  • Sponsored by U.S. Bank, located in Minneapolis, MN.

Official Website: https://www.usbank.com/about-us-bank/community/student-scholarship.html

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