The Missouri Scholarship & Loan Foundation was created in 2010 and is a tax-exempt, nonprofit, 501(c)(3) corporation. The Foundation was formed by MOHELA to help make higher education more accessible and affordable for Missouri families. By providing scholarships and low-cost student loans, the foundation supports persistence to graduation from institutions of higher education by Missouri citizens.
Missouri Scholarship & Loan Foundationís Mission is to provide innovative products and services to help Missouri students, particularly those with insufficient financial resources, to prepare for, enter into and successfully complete higher education at Missouri institutions.
Missouri Scholarship & Loan Foundationís Vision is that all Missouri students have access to the financial assistance necessary to make higher education affordable.
Missouri Scholarship & Loan Foundationís Board is a volunteer board that sets organizational policy and priorities, and provides oversight for the Foundation.