Updated

Only white men with a 3.0 grade-point average can apply for a new scholarship being offered by a Texas nonprofit group, the Austin American-Statesman reports.

Colby Bohannan, a Texas State University student, said he founded the Former Majority Association for Equality group after fighting in the Iraq war and returning home to find no college scholarships available for white males like himself -- only women and minorities.

"I felt excluded," Bohannon, a student at Texas State University, told the newspaper. "If everyone else can find scholarships, why are we left out?"

Bohannon went on to say that he and his friends will begin handing out $500 scholarships this summer, arguing that white male students now make up a minority group in Texas.

School officials have so far not taken issue with the group's objective, saying the scholarship is no different from one offered to students from different ethnic groups.

"From the university's standpoint, we can't take issue with a scholarship offered to a certain group," Joanne Smith, Texas State University's vice president of student affairs, told the Fort Worth Star-Telegram.

Click here to read more on the Former Majority Association for Equality group from the Austin American-Statesman