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On April 8 at The Glasshouse in New York, the Fashion Scholarship Fund will host an event to honor college students involved in transforming the style industry. Supermodel Paloma Elsesser will host Michael Burke, chairman and CEO of LVMH, and Tracee Ellis Ross, actress and CEO of Pattern Beauty, amongst those recognized for his or her steadfast support of diverse emerging talent. Nordstrom president and chief brand officer Pete Nordstrom may also be honored.

As a part of the event, 130 college students, as well as to this 12 months’s Virgil Abloh Post-Modern Scholarship Fund scholarship recipients, will receive $1.4 million whose work will probably be showcased on the event. That evening, each student will receive between $5,000 and $25,000. Since its inception in 1937, the Fashion Scholarship Fund has prioritized underrepresented students and, as of 2019, has placed an increased emphasis on providing scholarships to support the numerous first-generation college students and students of color who’ve demonstrated financial need over the past five years.

Over the past five years, many first-generation students and students of color who exhibit financial need have received support from the Fashion Scholarship Fund. By choosing talented students, FSF is trying to change the way in which the industry is perceived from the within, by spreading capital through funds to increase diversity. Since the initiative to fund underrepresented students began, the variety of scientists of color has increased from 22 percent to 62 percent, according to data . Stay tuned for more updates.

This article was originally published on : www.essence.com

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