Shawn Carter Scholarship Fund

Website: http://www.shawncartersf.com/

Who's Eligible: Students pursuing undergrad degrees

Award Amount: Varies

Due Date: June

Requirements:

Before the fame, he was Shawn Carter, a kid who struggled to rise above his circumstances. To give back, the rapper now known a Jay-Z has created a scholarship program designed for undergrads with demonstrated financial need. On top of fulfilling basic scholarship requirements of maintaining a 2.0 GPA, Shawn Carter Scholarship recipients must also fulfill community service requirements to maintain their award. It is closed for 2011 but keep looking for the 2012 award.