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French First Lady Carla Bruni with President Nicolas Sarkozy
Scholarships will be awarded based on talent and financial need.
Participating French institutions include the Conservatoire de Danse et de Musique de Paris, the Ecole Nationale Superieure des Arts Decoratifs, and the Ecole Nationale Superieure de Photographie.
New York's Julliard musical college, New York University, the Fashion Institute of Technology, the School of Visual Arts, and the International Center for Photography will reciprocate.
At the launching ceremony, Sarkozy said his wife's foundation "will develop an ambitious program of education for the poor, coupled with a substantial cultural project."
Sarkozy and Bruni were to dine at the White House on Tuesday with President Barack Obama.
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Participating French institutions include the Conservatoire de Danse et de Musique de Paris, the Ecole Nationale Superieure des Arts Decoratifs, and the Ecole Nationale Superieure de Photographie.
New York's Julliard musical college, New York University, the Fashion Institute of Technology, the School of Visual Arts, and the International Center for Photography will reciprocate.
At the launching ceremony, Sarkozy said his wife's foundation "will develop an ambitious program of education for the poor, coupled with a substantial cultural project."
Sarkozy and Bruni were to dine at the White House on Tuesday with President Barack Obama.
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