In response to the specific interests of major corporate donors, the Fund accepts grants for Named Scholarship Aid . These scholarships are funded at a minimum of $1,000 and may be designated by the donor for certain programs, major fields of study or student population. They are awarded to undergraduate students by the member colleges as part of their regular process of awarding financial aid to enrolling or returning students. The recipients are chosen by the member colleges in accordance with the donor's guidelines.

A. G. Edwards increased its support in 2007 with a grant of $22,500. This grant provided 15 need-based scholarships for qualified students majoring in accounting, business, economics, finance and related disciplines who have a strong academic record and who contribute to the college community by his/her activities both on and off the campus.

The Citi Foundation continued its extraordinary leadership to the problem of the teacher shortage in Missouri with a grant of $102,000 to underwrite 30/ $3400 scholarships to 15 teacher education students and 15 math/science teacher students at MCF member institutions. These students are encouraged to go into teaching in a public school in areas such as special education; elementary, middle school or secondary education and math/science teacher education, or early childhood and family education. Citi Foundation’s investment in this scholarship which began in 2000, now totals over $646,000..

The Commerce Bancshares Foundation has been a supporter of the Missouri Colleges Fund for 52 years. They have provided leadership to the MCF Board of Directors and with their grant of $15,000 to the Fund for 2007, they underwrote scholarship support to students with a special emphasis to the TEACHERS FIRST Program which helps the member colleges recruit and train future teachers for the state’s elementary and secondary schools.

Enterprise Rent-A-Car continued their $15,000 grant to underwrite 15 - $1,000 scholarships to students at MCF member schools who are studying in a business related field with special emphasis on minority candidates. In addition to their leadership on the Fund's Board of Directors, they also offered the opportunity of a paid internship at many of their locations in Missouri.

In addition to providing leadership to the MCF Board of Directors in 2007, Edward Jones increased their support to $15,000 to provide scholarships to students on MCF member campuses who are studying in a business-related field and who is judged outstanding by the college because of his or her activities and/or achievements at the institution.

The Ford Motor Company Fund has been a donor to the Missouri Colleges Fund for 46 years and in 2007, they continued their support with a grant of $5,000 through the Community Relations Committee at the Assembly Plant in Claycomo to underwrite scholarships for qualified students who are preparing to become elementary and secondary teachers as well as students majoring in business, medicine and law.

In 1974, the UPS Foundation established an endowment fund with the national office that works with all of the state funds, the Foundation for Independent Higher Education (FIHE). Since that time, more than $45 million has been provided to FIHE-associated independent colleges for financial assistance to outstanding students. In 2007, the Missouri Colleges Fund received $42,750 to underwrite a $2,850 UPS Scholarship at each MCF member college and university.

The Monsanto Fund increased its support in 2007 with their leadership grant of $30,000. Monsanto is very interested in education and the sciences, so their grant was used by the Fund's member colleges to provide $2,000 in financial assistance to fifteen outstanding education students who have returned to the classroom as science and/or math teachers.

The Sprint Foundation increased it's support in 2007 with their grant of $15,000. Sprint is very interested in education and teacher prepartion so their grant was used by the Fund's member colleges to provide financial assistance to fifteen oustanding education students who have returned to the classroom as teachers.

During 2007, a group of leading corporations and foundations provided a pool of funds for scholarships to qualified students enrolled in several different areas of study including teacher preparation: