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Yahoo! BuzzMINNEAPOLIS, January 11 – The Best Buy Children’s Foundation is proud to unveil its 2008 Scholarship Program, which will award $2.75 million to graduating high school seniors across the U.S. Students have until February 15, 2008 to complete an online application at www.bestbuy.com/scholarships, and winners will be announced in May, 2008.
This year, the program will award 1,500 scholarships, at $1,500 each. Additionally, 51 students – one from each state where Best Buy has a physical store, as well as the District of Columbia and Puerto Rico– will receive a $10,000 national scholarship for exceptional demonstration of community service.
Winners will be selected based on their outstanding commitment to and involvement in community service or work experience, along with a solid academic performance. Applicants must be currently enrolled in an accredited U.S. or Puerto Rico school, and be graduating high school seniors with plans to enter a full-time undergraduate course of study at an accredited two or four-year college, university or vocation technical school in the U.S. or Puerto Rico no later than fall 2008. Applicants must also live within a 75-mile radius of a Best Buy store.
Please visit www.bestbuy.com/scholarships for more information or to submit an online application before February 15, 2008.
About the Best Buy Community Commitment
Best Buy believes technology can inspire people to do great things. In fiscal 2007, Best Buy donated a combined $25.3 million to support and strengthen our communities in technology inspired ways:
- Technology-inspired teaching – Best Buy stores have given more than $13 million in Best Buy Teach Awards to help nearly 5,000 K-12 schools in the U.S. bring interactive technology into the classroom.
- Technology-inspired learning – Best Buy stores have awarded more than $13 million in scholarships to nearly 11,000 students nationwide.
- Technology-inspired leading – Best Buy stores encourage volunteerism by providing grants to organizations where employees share their talents.
The company also connects with the United Way to meet local community needs, supports national organizations innovatively using technology in youth education, and works with the Red Cross to provide support in times of disaster. For more information, visit www.bestbuy.com/communityrelations.
About Best Buy Co., Inc.
Best Buy Co., Inc. (NYSE:BBY) operates a global portfolio of brands with a commitment to growth and innovation. Our employees strive to provide customers around the world with superior experiences by responding to their unique needs and aspirations. We sell consumer electronics, home-office products, entertainment software, appliances and related services through nearly 1,300 retail stores across the United States, throughout Canada and in China. Our multi-channel operations include: Best Buy (BestBuy.com, BestBuy.ca and BestBuy.com.cn), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Pacific Sales Kitchen and Bath Centers (PacificSales.com), Magnolia Audio Video (Magnoliaav.com), Jiangsu Five Star Appliance Co. (Five-Star.cn) and Speakeasy (Speakeasy.net). Best Buy supports the communities in which its employees work and live through volunteerism and grants that benefit children and education.