Beyoncé Launches Formation Scholars With Four Full 2017/2018 Scholarships For Young Women

Beyoncé used the first anniversary of 'Lemonade', the world's best-selling album in 2016, to launch Formation Scholars -- full college scholarships for four young women -- one for each of the participating institutions: Berklee College of Music, Howard University, Parsons School of Design and Spelman College, her site explains. 

"To add to the celebration of the one-year anniversary of Lemonade, Beyoncé Knowles-Carter announces the establishment of Formation Scholars awards for the 2017-2018 academic year, to encourage and support young women who are unafraid to think outside the box and are bold, creative, conscious and confident."

Scholarships may only be used by women for the study of creative arts, music, literature or African-American studies.  The funding is part of the #BeyGOOD initiative, an organization which has in the past provided funding for such causes as those affected by the Flint water crisis and to homeless populations and sick children around the world.