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Terms from the bank website:

Open a Chase College CheckingSM account, use your debit card, and get $25.

We'll give you $25 when you open a new Chase College Checking account and make at least 5 debit card purchases before September 30, 2009. Pick up some cash and enjoy all the benefits of Chase College Checking:

To qualify for the cash bonus you must open a new Chase CheckingSM account with a $100 minimum opening deposit of new money (money not currently held by Chase or its affiliates). Also, within 60 calendar days of account opening, you must initiate a monthly direct deposit such as payroll, pension or Social Security, or other government benefits. The cash bonus will be deposited into your new account within 10 days after the initial direct deposit has posted to your account. Limit one personal checking account-related cash bonus/premium per customer, per calendar year. Offer not available on account conversions or in combination with any other offer. Cash bonus is not considered part of the minimum opening balance. Checking account must remain open for a minimum of six months or the cash bonus will be debited from the account at closing. Account is subject to approval. Cash bonus is considered interest and will be reported on IRS Form 1099-INT. Chase CheckingSM is available only at Chase branded branches and at Chase.com.