The rapper has done all the paperwork with Queensborough Community College in New York to allow 10 students to continue their education free of charge.
50 Cent, who never attended college, will give 8 scholarships to students from his alma-mater, Campus Magnet High Schools, and one to a student at each of the neighboring schools, Springfield Gardens and Hillcrest High School.
The winners of the scholarships will be chosen based on a 500 word essay that they must submit. The winners will be announced on July 15.