Hip-hop superstar Jay-Z and his wife, Beyoncé, have announced a new scholarship program that will award 10 scholarships worth $100,000 each to “exceptional” high school seniors who demonstrate financial needs.
“This back to school season, students in the On The Run II Tour markets, who are preparing for college, will be chosen by Boys and Girls Club of America,” according to a joint press release from Beyoncé’s “BeyGOOD Initiative” and Jay Z’s “The Shawn Carter Foundation.”
“Qualified students must demonstrate academic excellence and show financial needs that would make it hard for them to enter college or university for the academic year 2018-2019,” the release noted.
The markets will include Atlanta, Orlando, Miami, Arlington, Texas; New Orleans, Houston, Phoenix, Los Angeles, San Diego, Santa Clara, and Seattle.
The power couple has had a long history of helping students with The Shawn Carter Foundation spearheading college tours to historically Black colleges and universities and providing scholarships to college bound students throughout the country.
Through her BeyGOOD initiative, Beyoncé created the Formation Scholars Award, a merit program to help female students start or further their college education, and this year they announced the Homecoming Scholars Award, a second merit program, opened to qualified students, regardless of gender, to enter or continue their studies at one of eight HBCUs.
The Shawn Carter Foundation Scholarship provides financial support to high school students as well as undergraduate students entering college for the first time. The purpose of the scholarship is to help under-served students who may not be eligible for other scholarships.
Students who have either graduated from high school or earned their G.E.D. may apply. Minimum grade point average is 2.0. Students must have a strong desire to go to college and earn their degree. Students must also have a desire to give back to their communities.
Students up to age 25 may apply. The scholarship can be used for tuition, room and board, books, fees and other college-related expenses. All high school seniors, undergraduate students at two-year or four-year institutions and vocational or trade school students are eligible.The scholarship fund was established by Gloria Carter and and her son Shawn Carter, better known as Jay-Z, to offer a unique opportunity to students who have been incarcerated or faced particular life challenges but still want to pursue higher education. The program gives them a chance that most other programs do not offer. The Carter Foundation is a firm believer in helping young people not only reach their career goals but also establish a secure future.
The deadline for this scholarship is on April 30th, and the award amount ranges from $1,500 – $2,500.
