In the wake of the opening of LeBron James’ school in Akron, ex-Knick star Derrick Rose will also continue his efforts to support young people with aspirations of attending college.
New York Daily News reports that Rose is announced on Wednesday the launch of his new scholarship program, Rose Scholars. After participating in an application process, three winners will receive scholarship funds over the course of their 4 years in college. In a prepared statement Rose says investing in young people has been a long passion of his.
The grand prize winner gets up to $200,000, paid out $25,000 per semester for 4 years. The two other winners get a total of $20,000 each.
“Through The Rose Scholars program, I hope to provide students a path to college that was not previously available to them,” Rose said in a statement. “Investing in school-age youth has long been a passion of mine, and I am proud to continue to help children pursue higher education as a means to better themselves and their communities.”
The Rose Scholars isn’t the first time he’s invested in the youth. Rose previously donated $1-million to After School Matters, a Chicago-based non-profit organization devoted to providing innovative out-of-school programs for teenagers.
For additional details on the Rose Scholars program, flip the page.