A different kind of school is coming to Morehead, Kentucky.
On Thursday, Morehead State University announced the creation of the 'Craft Academy for Excellence in Science and Mathematics.'
It's a dual-credit residential high school for academically exceptional students in Kentucky.
The students will live at the school while taking high school and college courses.
State lawmakers budgeted $2.3 million to establish the academy.
Businessman Joe Craft, the CEO of Alliance Resource Partners, pledged $4 million during the next several years in support of the Academy.
It marks the single largest cash gift in the history of Morehead State University.
The school is scheduled to open in August 2015.
(pictured in the photo that accompanies this story...from left: Kentucky House Majority Floor Leader Rocky Adkins, State Senate President Robert Stivers, Alliance Resource Partners CEO Joe Craft and Morehead State University President Wayne D. Andrews.)