Sinclair Broadcast Group, based in Hunt Valley, Md, established a $500,000 scholarship fund to help minority students finance their undergraduate studies related to broadcasting or journalism, reports TV NewsCheck.

The report also stated, in part:

““This fund complements our existing widespread internship program,” said Don Thompson, Sinclair SVP of human resources. “We have long-standing relationships with numerous colleges, including historically black colleges and universities in markets where we have stations. These relationships are a great source f or talent, and many student interns become full-time employees. This scholarship fund is another w ay for us to invest in the future of broadcast television, by ensuring that students dedicated to careers in broadcasting can complete their educations.”

“Sinclair’s goal is to distribute up to $50,000 per year in grants of up to $5,000 each. The fund is open to minority students enrolled at an accredited four-year college and who have a demonstrated financial need. Additional qualifications will be set forth in the scholarship application, which will be available this spring on the Sinclair website (www.sbgi.net). The first grants will be awarded by the summer of 2016, applicable toward fall 2016 tuition.”