"I'm so thankful I live in Canada where help, like the CIBC Scholarship,
CALGARY, Sept. 26, 2011 /CNW/ - CIBC (CM: TSX) (CM: NYSE) - Calgary Grade 10 student, Cynthia Nguyen, has
been awarded a CIBC YouthvisionTM Scholarship valued at up to $36,000. She also won the "Ted Medland
Award" (former President and Chairman of CIBC Wood Gundy) for achieving
a 95 per cent average - the highest academic average among all 30
"Receiving this scholarship brings me one step closer to achieving my
dreams," said Cynthia, 15. "I want to become a pediatrician because I
like being around and helping small children. I know this is going to
be really challenging, but I think helping kids will be worth all the
Cynthia's mom, a single parent, immigrated to Canada from Vietnam over
20 years ago and currently works as a seamstress for a local mattress
company. Cynthia takes care of her younger 8-year-old brother before
and after school while her mom goes to work to support her family.
"My mom was so excited when she found out about the scholarship and
proud that my hard work in school is paying off. I think she is
relieved too, knowing some of my university tuition is taken care of,"
added Cynthia. "I'm so thankful I live in Canada where help, like the
CIBC Youthvision Scholarship, is available."
Early intervention in Grade 10 makes this scholarship program unique in
Canada. CIBC Youthvision™ targets high-potential young people who might
not otherwise have the opportunity to pursue a university or college
education. To be eligible, Grade 10 students must be enrolled in a
mentoring program with Big Brothers Big Sisters of Canada or the YMCA.
"Congratulations to Cynthia Nguyen on being awarded a CIBC Youthvision
Scholarship and achieving the highest grades of all our winners," said
Mike Stevenson, CIBC Senior Vice-President for Western Canada. "Cynthia
was selected for not only her outstanding marks but for all her hard
work at school, at home and in the community. We are proud to support
such an outstanding individual."
On September 29, 2011 CIBC's Beacon Heights Banking Centre will be
present Cynthia six summer internships through the YMCA that begin
right after Grade 10, valued at up to $20,000 and tuition for four
years, valued at up to $16,000. She will continue to receive mentoring
from either Big Brothers Big Sisters of Canada or YMCA until she
graduates from university. In addition, she will take part in CIBC
Money Smarts for Students Seminar to help her shape her financial
future as she prepares to head off to college or university.
CIBC is committed to supporting causes that matter to our clients, our
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 youth, education and
health, 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 2010, CIBC group of companies
contributed approximately $34 million to charitable and non-profit
initiatives in Canada to support national, regional and local
organizations. To learn more, visit www.cibc.com.
For further information:
For more information and to interview the scholarship winner, Big Brother Big Sister representative, or CIBC representative, please contact:
Nicole Davis, Senior Manager, CIBC Community Investment, Western Region
Nicole.firstname.lastname@example.org | T 403-974-6300 | C 403-819-7977
Beacon Heights CIBC Banking Centre is located at 4916 130th Ave SE, Calgary AB
The presentation will begin at 4 pm on September 29, 2011.