Beyoncé's seminal album, Lemonade, turned a year old on April 23 and to mark the occasion, Queen Bey is helping encourage the next generation of girls who will run the world, with the launch of a new scholarship program for women in the arts.

Four "Formation Scholarships" will be available to women pursuing degrees in creative arts, literature, music and African-American studies, beginning in the 2017-2018 school year. The women will be chosen from four participating schools are Berklee College of Music, Howard University, Parsons School of Design, and Spelman College.

According to a statement on Bey's website, the program is designed to “encourage and support young women who are unafraid to think outside the box and are bold, creative, conscious and confident.”

Read the full statement, via her website, below.