Minaj, whose birth name is Onika Maraj, announced her plans for the charity on Instagram. It was accompanied by a screenshot that seemingly proved the rapper has begun payments to students.
ABC News reached out to a rep for Minaj to confirm the payments, but so far has not received a response.
The Queens-bred rapper wrote in a caption: "This makes me so happy. [A few from the other day] I'll do another impromptu payment spree in a month or 2 but pls know that I'm launching my official charity for Student Loans/Tuition Payments VERY SOON!"
"You'll be able to officially sign up!" Minaj added. "I'll keep you posted!"
That's when one fan suggested that instead the "Starships" singer pay their college tuition -- and Minaj agreed.
"Show me straight A's that I can verify w/ur school and I'll pay it. Who wants to join THAT contest?!?! Dead serious. Shld I set it up?" she tweeted.
Minaj then offered to help a dozen fans with their college tuition and student loan payments. She also agreed to help with books, supplies and other school fees.