Prince William and Kate Middleton are making an official visit to St Andrews, where they met and studied, and have received a scholarship in their honour as a wedding gift.
The gift was presented to the couple when they visited the University of St Andrews on Friday to launch its 600th Anniversary Campaign, of which William is patron.
The visit is the couple's first official engagement in Scotland ahead of their wedding on April 29.
The scholarship will have a value of up to £70,000 and will meet the costs of tuition, if payable, accommodation and living expenses for a four-year undergraduate degree in science, arts, medicine or divinity.
It will be open to applicants of all nationalities and will be awarded annually to a student who would have been unable to attend St Andrews without such financial support.
Professor Louise Richardson, the university's principal and vice-chancellor, presented the gift on behalf of the students and staff.
She said: "This will be the first scholarship of its kind at St Andrews and a reflection of this university's commitment to ensure that we find, attract and support the most gifted students from anywhere in the world.
"It will guarantee that a high quality Scottish higher education can be available to any citizen of the world, that a lack of means need not be a barrier to study, and that bright students who might otherwise have been unable to go to university can fulfil their potential.
"We were very pleased to make the offer of this scholarship as a wedding gift to Prince William and Miss Middleton and absolutely delighted that they have graciously accepted."
A name has not yet been chosen for the scholarship.
About 600 staff and students will greet William and his fiancee in the historic St Salvator's Quadrangle, where the Prince will unveil a plaque to mark the launch of the 600th Anniversary.
The three-year celebrations run until 2013 and include a £100m fundraising campaign.
During today's visit, the couple will attend a reception at University House and visit the Museum of the University of St Andrews, where they will be shown the surviving Papal Bull which granted full university status when conferred by Pope Benedict XIII in 1413.
It will be a trip down memory lane for the couple, who studied history of art together and shared a house in the town.
William graduated in 2005 with a 2:1 honours degree in geography after switching subjects, while Miss Middleton achieved the same award in history of art.
It is not known exactly when they became a couple, but it is rumoured to be around Christmas 2003.
They got engaged while on holiday in Kenya in October last year.
Founded in the 15th century, St Andrews is the third oldest university in the English-speaking world.