Sean "Diddy" Combs will give $1 million to his alma mater, Howard University, he announced Thursday.
The historically black university helped the musician and entrepreneur get his start, he said.
“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," he said in a statement. "This scholarship will make it possible for the next generation of leaders to pursue their dreams and achieve greatness."
The funds will support The Sean Combs Scholarship Fund, which will award scholarships starting in fall 2017 to undergraduate business majors.
In addition to receiving financial aid, scholarship recipients will get summer internships at Bad Boy Entertainment or Revolt Media & TV and have a mentor from Combs Enterprises, the star said in his statement.