MoBetter News
Business

Big Bank Beyoncé Donates $500k To Cosmetology Schools Nationwide

Beyoncé donated $50k in scholarships to students at ten cosmetology schools nationwide.

The schools were selected as scholarship partners for her Cecred x BeyGOOD fund, which assists cosmetology students on their journeys. The institutions chosen were dedicated to providing the next generation of stylists with proper instruction and helping diverse communities.

Jana’s Cosmetology School in Clementon, New Jersey, is one of five schools that will receive the hefty checks. The school’s CEO, Atiya Johnson, announced the news on her Instagram in February.

The money will be distributed in $10,000 scholarships for five students pursuing licensure as cosmetologists. Participating schools include Beaver Beauty Academy in Atlanta, Trenz Beauty Academy in Chicago, and Universal College in Los Angeles. Representing Beyoncé’s hometown is the Franklin Institute in Houston.

Currently, enrolled or incoming students at any of these five schools are encouraged to apply, and applications will close on March 20.

The funding will also provide grants to salon owners as well. The opportunity is available to all licensed stylists, including barbers, who own or rent a space to conduct business and demonstrate financial need. Twenty-five grants of $10k each will be allocated throughout the year, starting April 20.

The Fund collaborates with Beyoncé’s latest venture, her hair care line Cécred, which dropped to fans and hair enthusiasts on February 20. The brand seeks to uplift all hair types and textures while providing optimal health for one’s mane and giving back through the entertainer’s philanthropic efforts.

BeyGood has previously supported businesses and students by uplifting HBCU scholars and Black entrepreneurs through various initiatives. Beyonce continues to uplift those with goals to achieve. The humanitarian effort’s website has more information on the Cécred Fund.

RELATED CONTENT: Dad Defense: Matthew Knowles Checks Critics On Beyonce’s ‘Cecred’ Haircare Line

Read Full Post

Related posts

Marie Gill Honored as One of South Florida’s Most Influential, Prominent Black Women in Business

BLACK ENTERPRISE Editors

60-Person Brawl Breaks Out On Carnival Cruise Dance Floor Over Threesome Between Passengers

Jeroslyn Johnson

Boost Your Productivity By Mastering Excel With This $39 Course Bundle