Saskatchewan Grade 10 student awarded CIBC Youthvision(TM) Scholarship
One-of-a-kind scholarship celebrates 15 years and 450 lives changed
REGINA, June 27, 2013 /CNW/ - CIBC (CM: TSX) (CM: NYSE) announced today that
Grade 10 student Sara Lavoie has been awarded the CIBC Youthvision
Scholarship, valued at up to $38,000. This year marks the 15(th) anniversary
of the one-of-a-kind scholarship, which in partnership with Big Brothers Big
Sisters and the YMCA, has changed the lives of over 450 young people.
CIBC Youthvision helps high-potential young Canadians who might not otherwise
have the financial ability to pursue a college or university education. This
unique program provides scholarships to students in Grade 10, which is when
many at-risk kids lose focus at school due to peer pressure, lack of role
models and financial pressures. The scholarships provide tuition support, six
years of paid summer internships and dedicated mentoring through the YMCA or
Big Brothers Big Sisters.
Churchbridge Public School student Sara Lavoie, one of 33 scholarship
recipients this year, explains how it feels to pursue an education without
worrying about her finances.
"It feels like a huge weight has been lifted off my shoulders" says
16-year-old Sara. "Now I not only have a plan to go tocollege, but I now
have ascholarship to back me up. Itreallyjust feels like everything is
falling into place."
Sara recently attended CIBC's first-ever Youth Forum in Toronto, where past
recipients, their mentors and families and a panel of experts gathered to
examine the issues youth face while pursuing their academic goals. A video
archive of the webcast is available at
"CIBC Youthvision is, and has always been, about investing in Canada's young
people so they can reach their full potential and build a better future for
themselves and their families," says Tom Weber, CIBC Region Head in Central
Canada. "On behalf of CIBC, Big Brothers Big Sisters and the YMCA, I extend my
congratulations to these exceptional scholarship recipients and wish them
every success on achieving their academic, personal and life goals."
Scholarship winners receive up to six paid summer internships through the YMCA
that begin right after Grade 10, and annual contributions towards tuition for
Over the past 15 years, CIBC has invested more than $170 million in programs
to support children and youth-in-need.
CIBC is committed to supporting causes that matter to our clients, employees
and our communities. We aim to make a difference in communities through
corporate donations, sponsorships and the volunteer spirit of employees. With
a strategic focus on Kids, Cures and Community, and employee commitment to
causes including the Canadian Breast Cancer Foundation CIBC Run for the Cure,
the CIBC Children's Foundation and United Way, we are investing in the social
and economic development of communities across the country. In 2012, CIBC
group of companies contributed more than $38 million to charitable and
non-profit initiatives in Canada to support national, regional and local
organizations. To learn more, visit www.cibc.com.
Tweet: #cibcyouth @cibc
About the CIBC Youthvision Scholarship Program
Each year the CIBC Youthvision Scholarship program commits more than $1
million to make post-secondary education dreams a reality for youth-in need,
ultimately helping to break the cycle of poverty in their family. Now in its
15(th) year, this one-of-a-kind program has already helped over 450 students
and committed over $15 million. To be eligible, Grade 10 students must be
enrolled in a mentoring program with Big Brothers Big Sisters of Canada or the
YMCA. Students receive ongoing mentoring from either Big Brothers Big Sisters
of Canada or the YMCA until they graduate from their post-secondary education.
In addition to the 30 students who receive the scholarship annually, beginning
in 2013, three additional scholarships have been awarded to students showing
exceptional athletic potential, as part of CIBC youth legacy commitment as the
Lead Partner of the 2015 Pan Am and Parapan Am Games.
Along with the scholarship, each student participates in a CIBC Money Smarts
for Students Seminar and a mentoring session with CIBC professionals to help
them shape their financial and professional futures. For more information
CIBC Digital Youth Forum on Academic Success in Toronto
In celebration of CIBC Youthvision's 15(th) anniversary, scholarship
recipients attended a first-ever digital CIBC Youth Forum on Academic Success
on June 20 in Toronto. Moderated by MTV Host Aliya-Jasmine Sovani, the forum
connected recipients, their families and mentors from the past 15 years with a
panel of experts to discuss issues youth face while pursuing their academic
goals. Panellists included: Dr. Joanne Cummings of PREVNet; Adam Van
Koeverden, Pan Am Athlete; Jamie Golombek, CIBC; Megan Thomas, YMCA York
Region Employment and Community Services; Pattie Lovett-Reid, CTV Host; and
Eugenia Canas of MindYourMind.
*An archive of this webcast is available at
https://webcasts.welcome2theshow.com/cibc2013scholar Password: CIBC
A Word from CIBC Youthvision Partners:
Big Brothers Big Sisters of Canada - "Having a volunteer mentor such as a Big
Brother or Big Sister inspires young people to realize their goals and
aspirations. Unfortunately inspiration alone isn't enough.This is why we are
so fortunate to have a partner like CIBC," says Bruce MacDonald, President &
CEO of Big Brothers Big Sisters of Canada. "The CIBC Youthvision Scholarship
Program has been helping young people in our programs have the opportunity to
strive for a better future by attending post-secondary education.Time and
time again, we hear that these young people would never have made it beyond
high school without the support of CIBC.For this we are eternally grateful."
YMCA - "These youth are a great example of how young people who are given the
chance to grow, learn and dream, can reach their full potential. With a
strong start on their path to higher education, they will each have a great
future," says Medhat Mahdy, President and CEO, YMCA of Greater Toronto."Our
partnership with CIBC allows the YMCA to create a supportive environment where
young people flourish and build the foundation for a healthy community."
For more information and to interview the scholarship winner, YMCA or Big
Brothers Big Sisters representative, or CIBC representative, please contact:
Roderick Cumming, Senior Director, Communications Roderick.Cumming@cibc.com,
Image with caption: "Grade 10 student Sara Lavoie of Saskatchewan celebrates
winning 2013 CIBC Youthvision Scholarship. Sara is one of 33 Scholarship
winners from across Canada who gathered in Toronto for a full-day
inspirational event last week. The scholarship program is celebrating its 15th
year and over 450 lives changed since 1999. (CNW Group/CIBC)". Image available
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-0- Jun/27/2013 13:30 GMT
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