Sarah Marshall Ryan graduated from Catherine McAuley High School in 2003 and helped lead the school to a pair of state basketball championships.
She went on to play point guard at Boston College, where she met her husband, current Atlanta Falcons quarterback Matt Ryan.
Marshall Ryan said in a statement that her days at McAuley "were some of the best years of my life."
The first $5,000 scholarship will be awarded to an incoming freshman next fall and will be based upon financial need, academic excellence, community involvement and participation in sports.
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