Published: December 27, 2010
Best Buy Announces Scholarship Opportunity for College-Bound Students
MINNEAPOLIS - (BUSINESS WIRE) - Best Buy Co., Inc. (NYSE:BBY) today announced the launch of its 2011 @15
Scholarship program, which will award up to 1,200 scholarships of
$1,000 each to students in grades 9 through 12 living in the United
States and Puerto Rico, who plan to enter a full-time undergraduate
course of study upon graduation from high school. Since its inception in
1999, Best Buy's @15 Scholarship program, formerly known as the Best Buy
Scholarship program, has awarded over $18.5 million of scholarship
dollars to more than 14,300 teenagers across the country.
"Best Buy's @15 Scholarship program is an investment in this country's
next generation of leaders - an investment that will pay dividends for
all of us," said Brian J. Dunn, CEO of Best Buy. "Providing teens with
access to higher education is just one of the ways Best Buy helps teens
make a difference for themselves and, ultimately, their communities."
Winners will be selected based on their outstanding commitment to and
involvement in community service or work experience, along with a solid
academic performance. The nonrenewable, one-time scholarship is open to
students from public, private, alternative and home school backgrounds
as well as to Best Buy employees and their relatives.
The application process is handled entirely online; paper applications
will not be accepted. Details and access to the application can be found
at www.at15.com
and www.bestbuy-communityrelations.com.
The deadline for scholarship applications is February 16, 2011. Winners
will be announced May 11, 2011 on www.at15.com
and www.bestbuy-communityrelations.com.
About @15
Best Buy believes in the power of teens. @15 is
Best Buy's philanthropic program designed to connect with teens, give
voice to their perspectives, and invest our resources - including the
energy and talents of our employees - to turn their ideas into action
and support their efforts to lead social change. Teens bring passion and
enthusiasm to tackling tough issues. Teens are important to our
business. In addition to being our customers and future employees, they
are leaders in the digitally connected world. They are the most socially
networked generation, first adaptors of new technologies and highly
attuned to the power of technology and media. Best Buy values the
opportunity to listen to - and learn from - what teens have to say. And
through the @15 Fund, we're putting the philanthropic power of @15
directly into their hands. To learn more, visit www.at15.com
About Best Buy Co., Inc.
With operations in the United
States, Canada, Europe, China, Mexico and Turkey, Best Buy is a
multinational retailer of technology and entertainment products and
services with a commitment to growth and innovation. The Best Buy family
of brands and partnerships collectively generates more than $49 billion
in annual revenue and includes brands such as Best Buy; Best Buy Mobile;
Audiovisions; The Carphone Warehouse; Future Shop; Geek Squad, Jiangsu
Five Star; Magnolia Audio Video; Napster; Pacific Sales; and The Phone
House. Approximately 180,000 employees apply their talents to help bring
the benefits of these brands to life for customers through retail
locations, multiple call centers and Web sites, in-home solutions,
product delivery and activities in our communities. Community
partnership is central to the way we do business at Best Buy. In fiscal
2010, we donated a combined $25.2 million to improve the vitality of the
communities where our employees and customers live and work.
For more information about Best Buy, visit www.bby.com
Best Buy Co., Inc.
Carolyn Aberman, 612-291-2786
carolyn.aberman@bestbuy.com
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