Amazon today released a new iPhone app for college students called Amazon Student. This one’s not about renting Kindle textbooks, there’s already an app for that. What Amazon Student does is it lets you trade used textbooks from the palm of your hand. Just scan barcodes of as many books as you like and the Amazon cloud will calculate trade-in offers for you. This also works for games, movies and electronics (including iOS gadgets). You can also put scanned items into your trade-in list to buy later.

Payments go to your Gift Card and Amazon will even mail a pre-paid shipping label to your address on file. Sweetening the deal, the online retail giant is offering free two-day shipping for six months to those who join the Amazon Student program (Amazon Prime shipping benefits included). Beats the craze of having to put your unwanted textbooks on offer at the end of each semester and deal with all sorts of weirdos and trade-in combinations. Amazon Student is a free download from the App Store. More screenies after the break.

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