Beyoncé made a big announcement that will benefit college students.
Sunday (4/23/2017) marked the one-year anniversary of LEMONDADE and as a way to continue celebrating, Bey shared details about the Formation Scholars awards for the 2017-2018 school year.
The purpose of the scholarships are to encourage and support young women who are "unafraid to think outside the box and are bold, creative, conscious and confident.
Scholarships will be awarded to a female students pursuing studies in creative arts, music, literature or African- American studies. Schools that are participating in the scholarship are Berklee College of Music, Howard University, Parsons School of Design and Spelman Collage.
Check out Beyoncé's official announcement below.