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Sep 26, 2016 07:40 AM EDT

P. Diddy 2016: Artist Donates $1M To Lift Howard University Student Debt

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Diddy is sharing his Benjamins with his alma mater. Currently, Sean "Diddy" Combs is known not only for his music and works in movies. He is also a known multimillionaire. And just because he is resting on a comfortable bed of a few million, that does not mean he is blind towards the needs of his fellow men.

Specifically, he is looking at the financial hardships of Howard University. Students from Howard University are facing difficulties. When it comes to higher education, free tuition is still far to reach. Huffington Post has it that Diddy decided to stand up and share his wealth.

Diddy wants to take care of his own. He attended Howard University when he took his college degree. And in 2014, he was awarded an honorary doctorate degree. His education enabled him to pursue a successful career when it comes to his personal life and business ventures. And he wants to be able to do the same for the students of Howard that needs it most.

During his "Bad Boy Reunion" concert in Washington, D.C., Combs went on stage and said he wants to help Howard University students who have outstanding tuition balances. He called on Frederick A.I. Wayne, Ph.D, the university's president, and provided him a check for these students. He wants to help students "that can't pay their financial aid." The one million donation will enable some students to focus on their education and not stress about their future.

"This scholarship will make it possible for the next generation of leaders to pursue their dreams and achieve greatness," says Combs. He knows that the students in the college school are smart and will shape the future. His donation sparked the birth of the Sean Combs Scholarship Fund. Talk about a way to give back to his school.

This is just the start for Combs and Howard University and this is a step towards alleviating at least a portion of the country's student loan debt.

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