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JAY-Z and Beyoncé have set up a multi-million dollar scholarship aimed at helping young Black students.
The Carter’s About Love scholarship is pledging $2 million to provide funding for students in the arts and creative fields at a select group of HBCUs.
The scholarship is a collaboration between JAY-Z’s Shawn Carter Foundation, & Beyoncé’s BeyGOOD charity program and luxury jewelry brand Tiffany & Co.
“This opportunity is timely as our students come from many different socioeconomic backgrounds,” said Dr. Jack Thomas, the President of Central State University, in a statement. “These funds will have a tremendous impact on who we recruit and our students’ success as they move on to graduate and professional schools and into their careers.”
Each school will be able to apply between September 10 and September 26.