The 35-year-old songstress is offering support to young students who are studying creative arts, music, literature or African-American studies.
According to the statement on Beyonce's website, "Beyonce 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."
Four scholarships will be awarded to female incoming, current or graduate students, one per college.
The colleges, which have made the cut, include Berklee College of Music, Howard University, Parsons School of Design and Spelman College.
Disclaimer: No Business Standard Journalist was involved in creation of this content