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Tiffany & Co. partners with JAY-Z and Beyoncé to donate $ 2 million to HBCU students

A $ 2 million bursary program was developed by Jay-Z and Beyoncé in collaboration with Tiffany & Co to help students from historically Black colleges and universities (HBCUs). 

Instagram users saw the announcement from the Shawn Carter Foundation on Thursday (Sept. 9). “It is my honor to announce the About Love scholarship in collaboration with @beygood, @tiffanyandco, and The Carters. Together, we are committing $2 million in scholarships for art and creative students at Black Colleges and Universities of Historic Studies (HBCUs).” 

Five smaller state schools are being awarded scholarships: Norfolk State University in Virginia, Lincoln University in Pennsylvania, Central State University in Ohio, University of Arkansas at Pine Bluff and Bennett College in North Carolina. 

Dr. Brenda A. Allen, president of Lincoln University, extends a heartfelt thanks to The Carters, BeyGOOD, The Shawn Carter Foundation and Tiffany & Co. for making this incredibly generous gift possible. Lincoln places a great deal of importance on supporting arts and humanities on their campus. “Students who pursue these majors benefit from financial support, which enhances their ability to fully engage in their studies.” 

The Formation Scholars Award Program was initiated by Beyoncé in 2017 for female students of creative arts, music, and literature, as well as African American studies. “Supporting young women who are bold, creative, conscious, intuitive, and confident was the goal of the initiative.” 

Next year, HBCUs were only allowed to participate if both the students and teachers are HBCU graduates. The applicants were required to maintain a GPA of 3.5 or higher, and the scholarship winners will receive $25,000 for the 2018-2019 academic year. 

On Friday (Sept. 10), students can apply for the About Love Scholarship at five local schools; applications will close on Sept. 

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