A scholarship fund in honor of George Floyd has already surpassed $50,000 less than 24-hours after it began.
North Central University unveiled its George Floyd Scholarship Fund on Thursday, the same day the university hosted the first memorial service for George Floyd.
Floyd was killed by Minneapolis Police on May 25.
"Our Chancellor, Dr. Robyn Wilkerson, mentioned to me that we need to start the scholarship," said North Central University President Scott Hagan. "I thought it was a great idea. Later in the day, I thought we should challenge every university president in the United States to do the same."
The scholarship was announced at the beginning of Floyd's memorial service.
"I inserted it into my words and I had talked to one of the organizers of the service and it brought tears to their eyes," Hagan told WCCO's Dave Lee during The Morning News on Friday.
Since Hagan's announcement, he's received communication from Oregon, Texas, and Louisiana about starting scholarships in the name of the man who died in Minneapolis police custody last week.
"They're getting a lot of pressure from their constituency to launch this scholarship," he said. "We may end up seeing literally tens of millions of dollars cumulative over a period of time in new investment money for education. It's very exciting."
North Central University has already received more than $50,000 towards the George Floyd Scholarship Fund.