(CBS DETROIT) – Western Michigan University now holds the record for the largest donation given to a public university.

They are $550 million more wealthy thanks to an anonymous donor.

READ MORE: Woman Who Shot At Police Killed By Cop At Juneteenth Event

According to the Washington Post, the donation was given by a Western Michigan alumnus.

The $550 million will be given to the university’s foundation over the next 10 years.

The donation will be split into three categories.

READ MORE: Michigan Reports 327 New COVID-19 Cases, 35 Deaths

$300 million will go to WMU’s school of medicine.

Another $200 million will be for need-based financial aid.

And $50 million will go to the school’s athletic programs.

MORE NEWS: Police Investigating Shootings Across Detroit

© 2021 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.