A donor will provide full first-year tuition to the inaugural class of M.D. students at the TCU and UNTHSC School of Medicine, set to open in July 2019.

The pharmaceutical executive, business investor and entrepreneur Paul Dorman’s donation will benefit 60 students, who will be known as Dorman Scholars.

“I understand the need for exceptionally trained physicians, and I believe the TCU and UNTHSC School of Medicine team is creating the right formula to prepare students to practice medicine in the future,” Dorman said in a statement. “This school will change the medical and economic landscape of our community, and I can’t wait to meet the students who will make up the first class.”

Stuart D. Flynn, founding dean of the medical school said in a statement he is thankful for the generous gift and the support of the community.

“I’m so grateful and humbled by Mr. Dorman’s generous gift,” Flynn said. “This community continues to amaze and impress me with its generosity and strong support for this school of medicine and Mr. Dorman’s gift wonderfully exemplifies this.”

The H. Paul Dorman Charter Scholarship’s exact amount has not been disclosed, but Flynn previously said the cost of tuition would be the median of private school tuition –$50,000 a year. That would make the donation at least a $3 million dollar gift.

The school will begin accepting applications in the Fall of 2018 and has set aside 20 seats for TCU students in the inaugural class.

Be sure to check back for more updates as this story develops