New Minority Scholarship Program Launched by the NBA and Bacardi Distillers

The National Basketball Association and Bacardi U.S.A. have announced the establishment of a new college scholarship program for African Americans and Hispanics. The Gold Standard Scholarship Program will be offered to black or Hispanic undergraduates or graduates who are at least 21 years old and have a 3.0 cumulative grade point average. Applicants must have a permanent address or attend school in one of the following metropolitan areas: Boston, Chicago, Detroit, Los Angeles, New Orleans, or New York City.

Twenty-four students will receive a $10,000 scholarship. Four of the students will receive an additional $30,000 in scholarship funds.

For more information or to apply for this scholarship, click here.