Over $600,000
available to help first-year health care students
TORONTO, June 8, 2020 /CNW/ - CIBC is pleased to
announce that applications for the CIBC Future Heroes Bursary
Program are now being accepted. The program aims to help
post-secondary students realize their ambitions of pursuing a
career in health care. Established in tribute to frontline health
care workers who are bravely fighting COVID-19, the program
complements the CIBC Holidays for Heroes initiative launched in
May.
First year students, enrolled in eligible health care programs
at partner post-secondary schools across Canada, will be able to apply until
July 15, 2020. Each bursary recipient
will receive a total of $2,500 toward
one academic year. The selection and administration of the
bursaries will be conducted by Universities Canada, and chosen candidates can expect to
receive their funds starting in September.
The program launched with 200 bursaries to be awarded over two
years. Since launching, an additional 50 bursaries for the
2020 school year have been added to the fund through donations from
CIBC employees, Canadians, and partners like Access Storage, the
Aquilini Family, KingSett Capital, Momentum Solutions, Nutrien
Rogers, Teck and Telus. Canadians can continue to
contribute to the fund, which will go toward the creation of
additional bursaries for the following year of the program.
"On behalf of our bank, I'd like to extend a very special thank
you to our clients, employees and partners for contributing to the
Future Heroes Bursary fund," said Stephen
Forbes, Executive Vice-President, Purpose, Brand and
Corporate Affairs. "This support, which has enabled the creation of
additional bursaries, clearly demonstrates the importance of
fostering the future generation of health care workers. Together
with our clients, partners and communities, we can make an even
greater impact."
About CIBC
CIBC is a leading North American financial institution with 10
million personal banking, business, public sector and institutional
clients. United under the bank's community investment initiative
One for Change, CIBC and its team are committed to coming together
to help people and communities realize their ambitions. In 2019,
CIBC and its team invested $79
million in community organizations across Canada and the U.S. Ongoing news
releases and more information about CIBC can be found
at www.cibc.com/en/about-cibc/media-centre.html.
About Universities Canada
Universities Canada is the voice
of Canada's universities at home
and abroad, advancing higher education, research and innovation for
the benefit of all Canadians.
SOURCE CIBC