GameStop Announces “Power to the Scholars” Scholarship Program

Today, GameStop demonstrated its continued commitment to the personal and professional development of GameStop employees with the launch of the “Power to the Scholars” Scholarship Program in partnership with Scholarship America, Inc. As an extension of GameStop’s Gamer Fund employee relief program, “Power to the Scholars” is open to employees of the GameStop family of specialty retail brands and their dependents.

“There’s no better way to invest in our company than by supporting our employees and their families,” said Mike Buskey, president of the Gamer Fund. “The ‘Power to the Scholars’ program will enable us to help employees achieve great things in their careers, their lives, and for their families.”

From May 1 through June 19, 2015, employees and/or their dependents can visit the “Power to the Scholars” website https://scholarsapply.org/powertothescholars to submit an application. For the 2015-2016 school year, GameStop will award 40 scholarships of $2,500 each for a grand total of $100,000 in college aid.

Each applicant must meet certain criteria, including current GameStop employment for at least one continuous year and a minimum grade point average of a 3.0 on a 4.0 scale on their most recent transcript. Scholarships will be awarded based on financial need, academic performance, demonstrated leadership in school and community activities, work experience, and career and educational goals.

“Our mission is to make higher education more affordable and attainable for all students,” said Lauren Segal, president and chief executive officer, Scholarship America, Inc. “When a company like GameStop recognizes the value of higher education, how it can benefit employees and its broader network, and invests in this type of program, not only does it impact the company in a positive way, but it helps improve economic success for all.”

Selected scholarship recipients will be notified by July 20, 2015. Scholarships can be renewed for use in subsequent years as long as recipients continue to meet the eligibility requirements.

The addition of the “Power to the Scholars” Scholarship program is GameStop’s latest initiative to help protect and support its employees and their families. Since launching in 2012, the Gamer Fund has provided more than $400,000 in assistance to associates in need. The employee-sponsored charitable organization provides financial grants to assist with short-term needs due to unforeseen emergencies or hardships. These events can include the loss of a home due to natural disaster or fire, a death of a spouse or child, or the inability to pay rent due to an illness or injury.

About GameStop

GameStop Corp. (NYSE: GME), a Fortune 500 and S&P 500 company headquartered in Grapevine, Texas, is a global, multichannel video game, consumer electronics and wireless services retailer. GameStop operates more than 6,600 stores across 14 countries. The company’s consumer product network also includes www.gamestop.com; www.Kongregate.com, a leading browser-based game site; and Game Informer® magazine, the world’s leading print and digital video game publication. In addition, our Technology Brands segment includes our Simply Mac and Spring Mobile businesses. Simply Mac, www.simplymac.com, operates 60 stores, selling the full line of Apple products, including laptops, tablets, and smartphones and offering Apple certified warranty and repair services. Spring Mobile, http://springmobile.com, an authorized AT&T reseller, operates 361 AT&T branded wireless retail stores and 63 pre-paid wireless stores under the name Cricket Wireless, www.cricketwireless.com. General information about GameStop Corp. can be obtained at the company's corporate website. Follow GameStop on Twitter @ www.twitter.com/GameStop and find GameStop on Facebook @ www.facebook.com/GameStop.

About Scholarship America

For more than 50 years, Scholarship America has worked directly with students, parents, colleges, businesses and communities to empower people to fulfill their college dreams. As the nation’s largest provider of private scholarships, having distributed over $3.1 billion to more than 2 million students, Scholarship America is now working to further engage the private sector to support programs and policies that advance equity in postsecondary education and help students overcome barriers to access, persistence and attainment.

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