PR Newswire | Mar 15, 2021 07:00AM EDT

03/15 06:00 CDT

CIBC Future Heroes Bursary Program now accepting applications until May 12 TORONTO, March 15, 2021

Second year of bursary program part of bank's $500,000 commitment to supporting health care students

TORONTO, March 15, 2021 /CNW/ - CIBC today announced 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. CIBC invested $500,000 over two academic years starting in 2020 in the education of tomorrow's health care professionals.

Under the program, 125 entrance bursaries will be awarded for the 2021/2022 academic year. Each bursary recipient will receive a total of $2,500 toward one academic year.

"The past year has reinforced the need for us, as a country, to continue to invest in support for talent in healthcare and the development of future frontline workers. We are proud to continue supporting the education of the aspiring healthcare professionals of tomorrow," said Stephen Forbes, Executive Vice-President, Purpose, Brand and Corporate Affairs. "On behalf of CIBC, we congratulate all 2020 bursary recipients and wish the best to the 2021 applicants. We look forward to seeing them achieve their goals to advance quality healthcare and make a difference in our communities."

The selection and administration of the bursaries is conducted by Universities Canada, and bursary recipients will receive their funds starting in August 2021.

Applications for first-year students, enrolled in eligible health care programs at one of the 50 partner post-secondary schools across Canada, will be accepted until May 12, 2021.Post-secondary schools involved in the program include the following:

* Atlantic: College of North Atlantic, Dalhousie University, Memorial University of Newfoundland, New Brunswick Community College, Nova Scotia Community College, University of New Brunswick, University of Prince Edward Island * Qubec: McGill University, Universit Laval, Universit de Montral, Universit de Sherbrooke * Manitoba: Assiniboine Community College, Brandon University, Red River College, University College of the North, University of Manitoba, Universit de Saint-Boniface * Alberta: Medicine Hat College, Portage College, Red Deer College, Southern Alberta Institute of Technology, University of Alberta, University of Calgary, University of Lethbridge * Ontario: Algonquin College, Centennial College, Confederation College, Lambton College, Laurentian University, McMaster University, Queen's University, Sault College, Sheridan College, University of Toronto * Saskatchewan: Cumberland College, Northlands College, Parkland College, Saskatchewan Polytechnic, University of Regina, University of Saskatchewan * British Columbia: Camuson College, College of the Rockies, Thompson Rivers University, University of British Columbia, University of Northern British Columbia, University of Victoria, Vancouver Community College * Territories: Aurora College, Nunavut Arctic College, Yukon University

The CIBC Future Heroes Bursary Program is supported by the generous contributions of partners like Access Storage, the Aquilini Family, KingSett Capital, Momentum Solutions, Nutrien, Rogers, Teck and Telus, as well as CIBC employees and Canadians who donated towards the creation of additional bursaries.

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 2020, CIBC and its team invested $75 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

SOURCE CIBC