Sean “Diddy” Combs is giving back. On Thursday, the mogul announced that he will give $1 million to his alma mater, Howard University. He said in a statement,
I was blessed to receive a great education from Howard University – one of the best schools in the world – and it helped to fuel my success in business and life. This scholarship will make it possible for the next generation of leaders to pursue their dreams and achieve greatness.
See a clip of his announcement.
The funds will support The Sean Combs Scholarship Fund, which will award scholarships starting in fall 2017 to undergraduate business majors. Scholarship recipients will also get summer internships at Bad Boy Entertainment or Revolt Media & TV and have a mentor from Combs Enterprises.