The largest gift to low-income students in Wisconsin history will provide $175 million for grants to graduates of public schools to attend the state ‘s public colleges and universities and will boost the state ‘s Wisconsin Covenant program, officials revealed Monday night.
The donation from John Morgridge, former chairman of Cisco Systems, and his wife, Tashia, a retired elementary special education teacher, will give about 2,000 grants of $1,000 to $5,000 for the 2008-09 school year, and more than 3,000 grants annually after that.