By  on December 3, 2012

NEW YORK —  Michael Kors is giving back to his alma mater. The designer made a $1 million gift to the Fashion Institute of Technology, which will establish the Michael Kors Endowed Scholarship at the school.

The new scholarship will go to a student each year who demonstrates exceptional talent in fashion design, and will cover the recipient’s entire bachelor’s degree costs, including tuition, housing and books. It will also feature a mentorship element with internship opportunities at Michael Kors.

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