The University of Louisville has received a $6 million gift that will be applied to its capital campaign and will be used for student scholarships.

Half the money is coming from the Henry Vogt Foundation and its president Henry C. Heuser Jr., which has been matched by other donors. U of L officials say it will now rename its Hallmark scholars program the Henry Vogt Scholarships.

Students with a GPA of 3.75 in high school and at least a 30 on the ACT or 1320 on the SAT can apply for the awards which includes full tuition and an annual $3,500 allowance.

According to U of L’s website there have been around 130 Hallmark scholarships awarded each year.

U of L’s capital campaign included raising $1 billion by summer of 2014. Through large gifts like the one Owsley Brown Frazier gave in late 2011 the university has been able to surpass the $750 million mark.