Bryn Mawr billionaire Michael Rubin has joined forces with rapper Meek Mill to create a $2 million scholarship fund to benefit Philadelphia’s underprivileged youth, according to a staff report from TMZ.

The fund is expected to benefit close to 1,000 students in the Philadelphia area – and the impact will be felt right away with the money going towards the 2020-2021 school year. It will provide students from pre-K through high school with the resources they desperately need during the pandemic.

Any students from low-income homes who receive a scholarship will be able to use the money to attend private and parochial schools throughout the Philadelphia region with their costs covered.

Those who are enrolled in a school with e-learning can also use the money to access equipment such as laptops, tablets, and WiFi.

The “Championships” rapper and 76ers partner are close friends who have previously collaborated on Rubin’s All In Challenge. This has so far managed to raise nearly $60 million for people who were the most affected by the pandemic.

Read more about the partnership at TMZ by clicking here.