Grade 10 student, Cheyann Newman has been awarded a CIBC Youthvision Scholarship valued up to $38,500.
“This is an incredible opportunity that will open up many doors for me,” Cheyann, 15, said.
“Winning this scholarship just reinforces that hard work does pay off and I’m looking forward to continuing to do well in school.”
In addition to the scholarship, Cheyann is the recipient of the Ted Medland Award (named after former president and chairman of CIBC Wood Gundy) for achieving a 97 per cent average – the highest academic average among all 30 scholarship recipients.
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.
“It’s inspiring to see how deserving young people like Cheyann are and how hard they work towards their goals,” Mike Stevenson, senior vice-president of retail and business banking for Western Canada said.
“The CIBC Youthvision Scholarship is added encouragement for Cheyann to realize her academic dreams and her full potential. We are proud to support such an outstanding individual.”
The scholarship includes up to six summer internships through the YMCA, beginning right after Grade 10 and up to $4,000 in tuition annually for four years.
Throughout the six years in the program, Cheyann will receive ongoing mentoring from Big Brothers Big Sisters of Canada until she graduates from university or college.
In addition, she will take part in a CIBC Money Smarts for Students Seminar to help her shape her financial future as she prepares to head off to college or university.