Howard University’s College of Fine Arts already bears Chadwick Boseman’s name. Now, a group of students will have a degree thanks to the late actor.

The HBCU school announced Monday that it has partnered with Netflix to launch the Chadwick A. Boseman Memorial Scholarship, which will provide $5.4 million in tuition payments for students entering the College of Fine Arts, from which Boseman graduated in 2000.

Chadwick Boseman at Alma Mater, Howard University

“This scholarship embodies Chadwick’s love for Howard, his passion for storytelling and his willingness to support future generations of Howard students,” Howard president Wayne A.I. Frederick said in a statement.

The scholarship will focus on students who “exemplify exceptional skills in the arts reminiscent of Mr. Boseman” and demonstrate a financial need. The categories include a drive for excellence, leadership, respect, empathy and passion.

A first-year student will be selected annually for the scholarship, which covers full tuition for four years.

“Many exemplary artists are not afforded the opportunity to pursue higher learning, we hope to support as many students as possible by removing the financial barrier to education,” Boseman’s wife, Simone Ledward-Boseman, said in a statement. “This endowment represents Chad’s devotion to the craft, his compassion for others, and his desire to support future storytellers.”

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