The group, called the Former Majority Association for Equality, was formed by Texas State University student Colby Bohannan and others and hopes to provide four $500 scholarships to white men by July (donations are being accepted via the group's website).
The group's mission statement says that it wants to "provide monetary aid to those that have found the scholarship application process difficult because they do not fit into certain categories or any ethnic group."
Bohannan told Reuters that the group's goal "is actually just to help students."
"We are not trying to jump on any political agenda or bandwagon," he said.
According to the Austin American-Statesman, Bohannan is in fact in the minority in Texas, where non-Hispanic whites compose less than half the populace.
Bohannan told the Statesman that he felt "excluded" when applying for college scholarships, many of which target minorities.
"If everyone else can find scholarships, why are we left out?" he said.
As of press time, the group has received $581 in donations.
Believe me I am crying so many tears for the poor oppressed white men in this country. It must be hard to look up at all of the old paintings and pre-1983 posters hung around our 250-year-old+ university campus and see only themselves in the pictures.
For good measure, here is the Former Majority Association for Equality's website. Doesn't the name just make you want to hug them up and donate all your monies?