Derrick Rose launches college scholarship fund Global on Aug 02, 2018 01:04 PM
Derrick Rose launches college scholarship fund
FILE - MINNEAPOLIS, MN - MARCH 11: Derrick Rose #25 of the Minnesota Timberwolves drives to the basket during the game against the Golden State Warriors on March 11, 2018 at Target Center in Minneapolis, Minnesota. (Photo by David Sherman/NBAE via Getty Images) staff report

Minnesota Timberwolves guard Derrick Rose announced he has started a college scholarship program, which will award more than $400,000 in tuition money.

The Rose Scholars program will focus "on students who are civically minded and demonstrate a willingness to lead,” according to a news release, which quoted Rose saying, “I hope to provide students a path to college that was not previously available to them.

On his website, Rose says there will be one grand prize winner who can win up to $200,000 and two other winners who can win up to $20,000 each.

Rose's scholarship program comes two days after LeBron James opened his I Promise School for disadvantaged children in his hometown of Akron, Ohio.

Rose, 29, spent the 2017-18 season between the Cleveland Cavaliers and Timberwolves, averaging 8.4 points and 1.5 assists. The three-time All-Star and 2011 MVP is expected to serve as Jeff Teague's backup in Minnesota this season.

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