Beyoncé is giving back once again!
On Monday, the living icon announced the Formation Scholars program, a scholarship initiative for young women who are "unafraid to think outside the box and are bold, creative, conscious and confident."
Four scholarships, one per school, will be award to incoming, current, and graduate students at Howard University, Spelman College, Berklee College of Music, and Parsons School of Design.
Queen Bey is no stranger to paying it forward. Through her BeyGood foundation, the singer has raised money for earthquake victims in Nepal, hosted food drives, purchased school supplies for students, and raised money to combat gender inequality.
The scholarship program will launch this fall. Students can receive information and an application for the scholarship from participating schools.