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McGill University announced Wednesday that it had received gift of 200 million Canadian dollars (about $151 million) -- what it called “the single-largest gift in Canadian history” -- from the McCall MacBain Foundation to create a graduate-level scholarship program.

McGill said the McCall MacBain Scholarships will cover full tuition and fees as well as a living stipend for students pursuing a master’s or professional degree. Within five years the scholarship will grow to support up to 75 students, who will be recruited from Canada and internationally, the university said.