Sean 'Diddy' Combs to Open a New School in Harlem Beginning Fall 2016

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Sean 'Diddy' Combs is giving back to his hometown in a big way.

The media mogul announced on Monday that Capital Preparatory Harlem Charter School, a free public school offering year-round, college preparatory education, will open in the fall.

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The school, founded by Combs, will be overseen by Capital Prep leader Dr. Steve Perry, who founded Capital Prep Magnet School in Hartford, Connecticut, in 2005. Florida-based educator Danita Jones has been tapped as the principal of the new charter school.

The school is at least five years in the making, as Combs began meeting privately with community leaders and education experts in 2011 to discuss plans of expanding educational opportunities for young men and women in Harlem.

The deadline to apply for the upcoming school year is April 1, according to the Capital Prep Harlem website, and the school will include grades 6-12.

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Combs, a New York native, was born in Harlem and raised just over the border of the Bronx in Mount Vernon. He made headlines last year when he was named the top hip-hop earner of 2015 by Forbes. He reportedly pulled in $60 million thanks to his music and investments like Ciroc vodka, RevoltTV and his Sean John clothing line.