Scholarships for Students

Best Buy Scholarship for Canadians 2022

Best Buy Scholarship program was established in 1999 with the aim of providing financial needs to qualified individuals living in Canada. The scholarship award is given through the scholarship management services, which the organization acquired some years ago.

Overview of Best Buy Company

The company, Best Buy, was founded in 1966 as a retailer of audio and video equipment including appliances in the 1980s. By 1985, the company had gone public and moved into Canada in 2002. Best Buy continued to grow and in 2003, it expanded into the China market. The company now operates in thirteen different countries across the globe.

Best Buy renders a 24-hour tech support service, which features the development of the Geek Squad.

Geek Squad entered a partnership agreement with Best Buy in 2002, just when it moved to Canada, but before that time, the company operated independently. The company is into the installation, troubleshooting, and repairing of the sound, and video equipment at home, offices, and churches.

Best Buy Scholarship Program for Canadians

The Best Buy Scholarship Program is organized to help those who need financial aid. The company started giving out funds to support people and since its establishment, it has awarded a total scholarship fund not less than $20.7 million. 

Currently, the company has about 1,100 high school students who are beneficiaries of the scholarship fund valued at $1,000 each.

This amount covers their school expenses for the first year.

In the latest developments towards supporting students and building a diverse talent pipeline across the country, Best Buy has committed to providing $44 million to expand college prep and career opportunities for Black, Indigenous, and people of colour (BIPOC) students.

According to Best Buy, “the scholarship fund is part of the commitments we recently made to better address underrepresentation, 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.”

How to apply for the Best Buy Scholarship award

Best Buy through the Scholarship Management Services awards candidates who are successfully selected to receive the award. selection is based on a set of criteria listed below.

To apply for the best buy scholarship, log on to the Best Buy website, fill out the application form and submit it along with the necessary documents.

The scholarship application usually starts in December and ends in February.

Applicants are advised not to wait until the last few days before they apply as increased traffic can prevent some people from submitting their applications before the deadlines.

Application link: best buy scholarship

Requirements to complete Best Buy online application form

Best buy will ask you to provide the following:

  • Notes on your volunteer service, work history, and extracurricular activities at school.
  • Your high school transcript.
  • Contact information of your school (address, telephone number, and principal’s name).
  • You will be required to sign a release authorizing the company to use your name for publicity purposes.

Eligibility Criteria for Best Buy Scholarship 

Although the criteria are subject to change, you can find these eligibility rules useful. Visit the official page to learn more.

  • You must be in high school (grades 9 through 12).
  • You must be residing in the United States or Puerto Rico.
  • Homeschooling is accepted but schools using an APO address are not allowed.
  • You must have a minimum cumulative GPA of 2.5 on a 4.0 scale.
  • You must have volunteered in community service in your area
  • Applicants must plan to enrol themselves full-time in accredited institutions after high school for a two or four years degree course, vocational or technical school.

Note: The Best Buy scholarship is a merit-based scholarship given to exceptionally outstanding students. Recipients must demonstrate leadership skills, participate in community development programs and involve themselves in extracurricular activities while in high school.

Award duration

Best Buy Scholarship is a one-time award scholarship. Once you have received one in the past you won’t be allowed to apply again.

As part of its philanthropy mission, Best Buy also partners with local nonprofit organizations in various communities as they create an interactive digital environment for children aged between 10 and 18. The children learn responsible internet usage, learn how to write computer programs including how to use imaging and music software.

Best Buy’s philanthropy mission is to increase the number of people who have access to the digital world through quality education.

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Oladoyin Falana

Oladoyin Falana, a graduate of OAU, is an SEO Specialist, and IT business developer. He is the owner and content editor of, a platform that focuses on providing information on career, recruitment updates, exams, and admission updates, including general (How-to) information.
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