A $14 million donation to the University of Minnesota from the estate of Myrtle Stroud, an alumna who died last year, will create scholarships for College of Liberal Arts students, according to the University News Service.

The donation is the largest single scholarship gift in the University’s history. The Charles E. and Myrtle L. Stroud Scholarship will be awarded to 45 CLA students this fall though the number will increase in future years as the endowment grows. The scholarships will be available to incoming freshmen, returning students and transfers in CLA.

President Eric Kaler said students receiving this scholarship will be known as Stroud Scholars.

Both Myrtle, a former schoolteacher, and her husband, Minnesota businessman Charles Stroud, attended the University of Minnesota, but at different times. The pair married in 1943 and settled in Windom, Minn. Charles died in 1973 and the couple did not have any children.