News
Best Buy Announces Scholarship Opportunity for College-Bound Students
Company will award $1 Million in Scholarships through @15MINNEAPOLIS, January 25, 2010 – Best Buy Co., Inc. today announced the launch of the @15 Scholarship program, which will award 1,000 scholarships of $1,000 each to students in grades 9 through 12 living in the United States, including D.C. and Puerto Rico, who plan to enter a full-time undergraduate course of study upon graduation from high school.
Best Buy is proud to award $1 million to deserving students as part of @15, Best Buy’s platform to connect with teens, give voice to their perspectives and support teen efforts to lead social change.
“The @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, president and COO, Best Buy Co., Inc. “Best Buy, through the @15 platform, is committed to empowering teens with the tools they need to drive change and make a difference for themselves as well as in 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 deadline for scholarship applications is February 15, 2010. Winners will be announced May 14, 2010 on www.at15.com.
The application process is handled entirely online and is only available to teen members of www.at15.com. In addition to being able to apply for the @15 Scholarship, active members of @15 are able to earn points they can use each quarter to allocate charitable dollars from the @15 Fund to nonprofit organizations that support teens. Applicants receive 300 points for becoming members of the site and 1,500 points if they apply for the scholarship before February 1, 2010. As of February 2010, teens will have given away $1 million to Best Buy’s nonprofit partners.
Please visit www.at15.com to become a member of @15 and submit an online application for the @15 Scholarship before February 15, 2010.
About @15
Best Buy believes in the power of teens, and @15 is a new platform to connect with them, 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. They are also important to our business—they shop in our stores, and they're our future employees. There’s a real opportunity to listen to and learn from what teens have to say. And through the @15 Fund, we'll put 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, China, Europe and Mexico, 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 $45 billion annual revenue and includes brands such as Best Buy, Audiovisions, The Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Napster, Pacific Sales Kitchen, Bath and Electronic Centers, The Phone House and Speakeasy. Approximately 155,000 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 2009, we donated a combined $33.4 million to improve the vitality of the communities where our employees and customers live and work. For more information about Best Buy, visit www.bestbuy.com.
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