If you’re an aspiring filmmaker who is considering attending film school but dreading the cost, we have some good news for you: The Los Angeles Film School has announced that its committing $1.5 million toward a Women in Entertainment Scholarship Fund. “The long term goal is to create parity in female enrollment in the film school and its subsidiary, The Los Angeles Recording School,” according to Deadline.

Over 3,000 students are currently enrolled at the film school, but female students account for about 25 percent of enrollment. The goal is to double that number. To that end, the initiative kicks off immediately and will provide “a one-time $2,000 award toward tuition for all newly enrolled female students.”

“We realized we can do better and are proud to commit ourselves to affording a higher educational opportunity to chart a course for evening out the starting gates for women,” said LAFS Special Advisor Dave Phillips.

Added Sandra Lee, LAFS’s Associate Film Program Director and Professor, “We believe strongly that our commitments today will make a difference in developing our leaders of tomorrow. Opportunities for women in entertainment are improving and while we recognize there is much work to be done, we’re proud to be able to offer this scholarship to incoming female students as a next step,” she emphasized. “We stand in solidarity with the advancement of all women across the industry and hope the Women in Entertainment Scholarship will help our students reach their full potential as the dynamic innovators that they are.”