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Returning for a third year with a $250,000 commitment, the fund will support the next generation of hair professionals through educational scholarships and training in the US and the UK.
May 2, 2026
By: Lianna Albrizio
Associate Editor
Cécred and the BeyGOOD Foundation are launching the third year of the Cécred x BeyGOOD Fund to prioritize and deepen its investment for the education of future hair professionals.
Founded by pop icon Beyoncé Knowles-Carter, Cécred and the BeyGOOD Foundation are committed to cultivating and uplifting the future leaders of the hair industry.
The 2026 Cécred x BeyGOOD Fund offesr 10 institutions a grant of $25,000 each, totaling a $250,000 commitment across both the US and the UK. The recipients will be selected and awarded funding based on enrollment at the partner school, their track to graduate, demonstrated financial need and passion and purpose.
“As a licensed cosmetologist and former salon owner, I’ll never forget my own beginnings at Franklin School and the pure passion it takes to succeed in this craft,” said Tina Knowles, Cécred’s vice chairwoman and chair of the Board of Directors at BeyGOOD Foundation. “Today, the cost of tuition, tools, and equipment is hitting record highs, making it harder for aspiring cosmetologists to afford their education. By expanding our grants from five to ten schools this year, we are providing vital financial support so these talented students can focus on their training and pursue their passions. We are committed to uplifting the next generation of hair professionals and giving them the tuition support they need.”
Since its launch in 2024, the Cécred x BeyGOOD Fund has awarded $1,000,000 in student scholarships and salon business grants, across 133 students and salon owners. This year, the fund aims to award an increased number of schools—10 in total—to concentrate resources and prioritize the academic journey of students and aspiring cosmetologists. These grants provide vital tuition support to keep beauty school affordable.
This year, BeyGOOD is expanding its commitment beyond direct funding by implementing a comprehensive support and tracking system for its partners and scholarship recipients. The program will monitor key milestones, including graduation, licensure results and job placement to measure the fund’s real-world impact. Additionally, BeyGOOD aims to foster a lasting community through professional development and virtual gatherings, ensuring students have the mentorship and visibility needed to thrive long after their scholarship ends.
Learn more about the Cécred x BeyGOOD Fund here.
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