MILWAUKEE (AP) -- Hundreds of randomly selected freshmen enrolled at public universities and colleges in Wisconsin this fall will be the first recipients of privately donated scholarship money.

Philanthropists John and Tashia Morgridge donated $175 million to create the Fund for Wisconsin Scholars.

Some 600 low-income students enrolled at four-year University of Wisconsin campuses will receive grants of $3,500 a year. Another 600 low-income students enrolled in the Wisconsin Technical College System or the two-year UW schools will receive $1,800 per year.

About 11,000 students are eligible for the scholarship money, but only 11% will be randomly selected to receive it. They will likely be notified by mail in late October.