The University of Michigan School of Art & Design will be renamed for alumna Penny W. Stamps in recognition of a $32.5-million donation from the interior designer and her husband, The Detroit News writes.

The university will add a $7.5-million match to the contribution from Ms. Stamps, a 1966 graduate who chairs the design school’s advisory committee, and venture capitalist E. Roe Stamps. Much of the combined $40-million gift will be used to expand financial aid to art and design students.

Gunalan Nadarajan, the school’s dean, said the gift, by far the largest ever for the art and design department, is crucial at a time when such programs face pressure to justify themselves. “Our curriculum doesn’t just train painters or sculptors,” he said. “It trains creative practitioners to be problem solvers across a range of disciplines.”