Yeah, you read that correctly. From the Los Angeles Times:
The W.E.B. Du Bois Institute at Harvard University and the Hip-Hop Archive announced the Nasir Jones Hip-Hop Fellowship on Tuesday. The goal of the fellowship is to provide chosen scholars and artists with an opportunity to show that "education is real power."
The mission of the Hip-Hop Archive, according to the announcement, is to seek projects from scholars and artists that build on the rich and complex hip-hop tradition; to respect that tradition through historically grounded and contextualized critical insights; and most important, to represent one's creative and/or intellectually rigorous contribution to hip-hop and the discourse through personal and academic projects.