Scholarship Tips Menu

Scholarship Tips
View Latest Posts
View Subscriptions
Posting Instructions

Active Bloggers

HBCU CONNECT HBCU CONNECT
Central State University class of 1995
Will Moss Will Moss
Hampton University class of 1995
Kennedy Williams Kennedy Williams
Spelman College class of 2020
Kamal Imani Kamal Imani
New York Inst of Tech class of 1997
Reggie Culpepper Reggie Culpepper
Clark Atlanta University class of 1998
LaMarr Blackmon LaMarr Blackmon
Cal St Univ, Long Beach class of 1992
Phoebe  Caldwell Raymond Lowe Phoebe Caldwell Raymond Lowe
University of Arkansas, Little Rock class of 2021
Kara Masterson Kara Masterson
class of
Joel Savage Joel Savage
class of 1993

Best Buy Creates Scholarship Fund for HBCU Students!

Best Buy Creates Scholarship Fund for HBCU Students!
Posted By: Will Moss on January 20, 2021

By Ale Valeriano - Best Buy Staff Writer

To support students and build a diverse talent pipeline across the country, Best Buy has committed to provide $44 million to expand college prep and career opportunities for Black, Indigenous and people of color (BIPOC) students.

As part of those efforts, we partnered with the United Negro College Fund (UNCF) to launch a scholarship fund that helps reduce financial barriers for Black students attending historically Black colleges and universities (HBCUs) and prepares them for the tech-reliant jobs of the future.

We have committed to supporting a minimum of 24 students over the next eight years. Each scholar is eligible to receive up to $20,000 in financial assistance each year for four years.

”UNCF is incredibly thankful for Best Buy’s continued interest in the academic success of HBCU students,” said Dr. Michael Lomax, UNCF’s president and CEO. “The scholarship and career training opportunities these scholarships provide are invaluable and will undoubtedly propel our students for success in the 21st century workforce.”

For the 2020-2021 school year, we selected four students attending HBCUs to be part of the inaugural class of Best Buy Scholars. Click here to learn more about them.

“We are committed to the next generation of leaders and to making sure they have the skills, tools and resources they need to be successful throughout college and beyond,” said Mark Irvin, Best Buy’s chief inclusion, diversity and talent officer. “We’re proud of our Best Buy Scholars, and we look forward to being there for them as they unleash the possibilities in their futures.”
From the classroom to the workplace

Through this partnership with UNCF, we will work together to not only provide the financial support students need to cover their educational costs but also help them develop the skills they need to begin their careers.

In addition to providing tuition support, each scholarship recipient will also receive:

  • Up to two paid summer internships at Best Buy’s headquarters in Minneapolis for relevant, on-the-job experiences.
  • Dedicated career and success coaches to help guide career paths.
  • Mentors throughout their college tenures, including in-person and e-mentorship opportunities.

    The scholarship fund is part of the commitments we recently made to better address under representation, technology inequities and educational and career opportunities within our company and communities. In addition to this HBCU scholarship, we also launched an endowment scholarship fund for students to attend the University of Minnesota’s Carlson School of Management.

    As part of our commitment, we will also expand college prep and career opportunities for Black, Indigenous and people of color (BIPOC) students and increase scholarship funding for youth at Best Buy Teen Tech Centers across the country. We plan to build a network of at least 100 Best Buy Teen Tech Centers to provide teens with the tech skills and mentorship they need to succeed.

    We are committed to doing better and initiating positive change. In 2020, we were named Top Employer For Historically Black Colleges And Universities and are committed to hiring 1,000 new employees to our technology team, with 30% of them being from diverse backgrounds–specifically Black, Latinx, Indigenous and women.

    Click here to learn more about our commitment to help young people across the country.

    #Best Buy Scholars#Diversity and Inclusion#HBCU#scholarships

    If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email!
  • Comments
    Please Login To Post Comments...
    Email:
    Password:

     
    More From This Author
    Ball Aerospace Summer 2022 Intern Program Virtual Recruiting Event Series!
    Full-Time Rotational Development Programs for Current HBCU Students Announced on HBCUConnect.com!
    Walgreens Offering An Awesome Opportunity for Black MBAs to Join The Company!
    Intel Launches New 'Returnship' Program to Help Diverse Professionals Rejoin the Workforce!
    DJ D-NICE to Perform at The McDonald's Magic City Classic!
    DOPE: Netflix Establishes $5.4 Million Chadwick A. Boseman Scholarship at Howard University!
    Latest Scholarship Tips
    DOPE: Netflix Establishes $5.4 Million Chadwick A. Boseman Scholarship at Howard University!

    DOPE: Netflix Establishes $5.4 Million Chadwick A. Boseman Scholarship at Howard University!

    Chadwick Boseman’s legacy at Howard University and his prospective impact on future generations continues to grow larger, with Netflix partnering with the university to establish a $5.4 million schola ...more
    Will Moss • 740 Views • October 7th, 2021
    GE Appliances Launches Scholarship Program with UNCF!

    GE Appliances Launches Scholarship Program with UNCF!

    GE Appliances, a Haier company (GEA) is excited to announce that we are partnering with the United Negro College Fund (UNCF) to support students attending select Historically Black Colleges and Univer ...more
    Will Moss • 709 Views • October 5th, 2021
    HBCU Student Mikayla Harris Earns $15K Astronaut Scholarship!

    HBCU Student Mikayla Harris Earns $15K Astronaut Scholarship!

    Nationwide — Mikayla Harris, an African American student from Morgan State University in Baltimore, Maryland, is one of the winners of the prestigious Astronaut Scholarship Foundation award. She recei ...more
    Will Moss • 1,153 Views • September 26th, 2021
    The Deadline for the Intel & NSBE HBCU Scholarship is August 31! APPLY NOW!

    The Deadline for the Intel & NSBE HBCU Scholarship is August 31! APPLY NOW!

    Intel has partnered with the National Society of Black Engineers to award scholarships to students attending Historical Black Colleges & Universities. Criteria: GPA Requirement: 3.0 or higher R ...more
    Kennedy Williams • 1,020 Views • August 24th, 2021
    SCHOLARSHIP ANNOUNCEMENT - 2021 MSM Bright Suns Scholarship - Open Through October 5, 2021

    SCHOLARSHIP ANNOUNCEMENT - 2021 MSM Bright Suns Scholarship - Open Through October 5, 2021

    !! Here is a great scholarship for anyone looking to win $500 while making a social impact !! The MSM Bright Suns Scholarship is a $500 scholarship for those who study. Visit www.msmbrightsunsscholar ...more
    L.A. Thompson • 1,291 Views • August 5th, 2021
    Popular Scholarship Tips
    Microsoft $20,000 Scholarship Program for Black Students Now Accepting Applications!

    Microsoft $20,000 Scholarship Program for Black Students Now Accepting Applications!

    Blacks at Microsoft (BAM) Scholarships This year BAM will award 27 scholarships totaling US $175,000: — four (4) $20,000 scholarships distributed over 4 years ($5,000 per year, renewable) — eight ...more
    Will Moss • 8,944 Views • March 1st, 2021
    T.I. Offers HBCU Scholarship with The Release of Latest Album... And It's Pretty Good :)

    T.I. Offers HBCU Scholarship with The Release of Latest Album... And It's Pretty Good :)

    T.I. is giving away $12,000 to one lucky student! Just upload a video telling us your favorite song on "The L.I.B.R.A." to enter NOW! Click the link below to upload a video of yourself telling us ...more
    Will Moss • 8,655 Views • October 19th, 2020
    McDonald's Awarding $500,000 In HBCU Scholarships - Deadline Approaching Soon!

    McDonald's Awarding $500,000 In HBCU Scholarships - Deadline Approaching Soon!

    In Partnership with the Thurgood Marshall College Fund, May 10 Deadline to Apply For the second consecutive year, McDonald’s USA, through its Black & Positively Golden Scholarship Program, is awar ...more
    Will Moss • 7,722 Views • April 9th, 2021
    New Morgan Stanley HBCU Scholarship to Cover Full Tuition for 60 HBCU Students!

    New Morgan Stanley HBCU Scholarship to Cover Full Tuition for 60 HBCU Students!

    The scholarships will cover the entire cost of attending the institution for each year and will be open to students in all disciplines and majors. Morgan Stanley’s HBCU Scholars program offers scho ...more
    Will Moss • 5,554 Views • October 22nd, 2020
    Coupa Cares Scholarship for Current College Students

    Coupa Cares Scholarship for Current College Students

    Coupa Cares is proud to announce our 2020 scholarship program! Our goal is to provide financial assistance and mentorship to students without the necessary means who demonstrate alignment with our cor ...more
    Will Moss • 4,491 Views • May 21st, 2020