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South Carolina State University will be able to offer considerably more financial aid to future business majors thanks to the $2.5 million Earvin "Magic"" Johnson Endowed Scholarship Fund. The funds are established to help business students at the historically black college.
Johnson decided to embark on the educational endeavor a year ago, when he visited the Orangeburg campus. Since then, he's "worked to develop meaningful ways to contribute to its success". According to Johnson, the scholarship fund will "continue the legacy of our nations historically black colleges and universities". Scholarship details will be released this weekend during a fundraising event in Washington.
You may feel out of touch with famous Hollywood actors, professional athletes, or singers and songwriters, but there are scholarships funded by such people who are interested in giving back to future generations of scholars and stars. Here's a list of other scholarships funded by well-known celebrities:
Deadline: August 10
Maximum Award: $200,000
Deadline: December 1
Maximum Award: $10,000
Deadline: April 4
Maximum Award: $10,000
Deadline: Varies
Maximum Award: Varies
Deadline: Varies
Maximum Award: $5,000
Deadline: Varies
Maximum Award: Varies
Deadline: Varies
Maximum Award: $5,000