Update: 12:42 p.m. — Penn State announced that the dedication has been moved to Schwab Auditorium due to potential inclement weather. Seating will be first-come, first-serve.

It’s hard to think of a better class gift than the one that the Class of 2011 came up with.

At 5:30 p.m. today, the Veterans Plaza bearing Lt. Michael Murphy’s name will be dedicated between Old Main and the McAllister building. Members from all three divisions of the military are expected to attend the ceremony to unveil the plaza.

Over recent weeks, anyone walking by the area has seen heavy construction preparing for today’s ceremony. President Rodney Erickson is expected to speak at the unveiling, as well as Murphy’s father and other honorees.

The plaza serves as a tribute to all veterans, but bears the name of Lieutenant Michael Murphy — a 1998 graduate who died in the line of duty in 2005 in Afghanistan. Murphy remains the only Penn State graduate to receive the Medal of Honor.