Home LA Showbiz Jay-Z’s scholarship scheme ‘gives students barely enough to cover school books’

Jay-Z’s scholarship scheme ‘gives students barely enough to cover school books’

The charity was set up in 2003

YouTube: The New York Times

Jay-Z’s scholarship scheme has been accused of giving students “barely enough to cover school books.”

The rapper set up the scheme to help students to afford third-level education, but it has now been reported that the money given to some of the students was barely enough to cover books for their courses.

According to the New York Post, the Shawn Carter Scholarship Fund distributed $407,250 in college grants to 255 students in 2017.

Credit: WENN.com

The publication has claimed that a range of $1,000 to $2,500 was given to each student, with the money being paid directly to their colleges and barely being enough to cover the cost of books for the year.

Out of the $407,250, $32,000 is believed to have gone to Virginia State University, which has an unknown number of students benefiting from the scholarship scheme; and tuition and costs of attending the college are $20,284 a year.

The publication also claimed that the charity brought in $742,118 last year, with a large chunk of the money coming from the organisation’s executive director, Dania Diaz.

INSTAGRAM: @beyonce

Speaking to the publication, Dania said: “The foundation’s goal is to reach as many students as possible. It’s really about breadth in reaching a lot of students.”

Separate from the Shawn Carter Foundation, Jay-Z and Beyoncé gave ten students scholarships of $100,000 during their On The Run II tour this year.

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