Charleston entrepreneur Steve Swanson and his wife, Emily, have donated $2.25 million to the College of Charleston, the largest alumni gift in the school’s history.

The money will be used for scholarships for students in the college’s honors program.

College officials said the scholarship program will be used to attract the best and brightest students from across the country. It will cover all costs for South Carolina students, including tuition, room and board. Out-of-state students will receive free tuition.

http://www.postandcourier.com/article/20120719/PC16/120719130/1005/-225-million-gift-to-fund-college-of-charleston-honors-scholarships