Tiffany & Co. announced on Thursday that the 40-year-old singer’s foundation BeyGOOD and 51-year-old rapper’s charity the Shawn Carter Foundation collaborated with the jewelry luxury company and pledged $2 million to five small HBCUs.
The initiation, as part of their “ABOUT LOVE” campaign, will award the funds to Lincoln University in Pennsylvania; Norfolk State University in Virginia; Bennett College in North Carolina; the University of Arkansas at Pine Bluff in Arkansas; and Central State University in Ohio.
Incoming and active students must qualify for financial aid at their HBCU for eligibility — with priority to those most in need. They also must be pursuing degrees in creative fields such as visual arts, media, performance, and design or degrees in history and communications.
The awards will vary per student based on the amount of financial assistance they require.
Applications will be available on the websites for the five HBCUs beginning on Friday, Sept. 10 and will close on Sunday, Sept. 26 at 11:59 pm EST.
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SOURCE: PEOPLE, Naledi Ushe