Missouri Scholarship & Loan Foundation

What Missouri Scholarship & Loan Foundation does

Missouri Scholarship & Loan Foundation (MSLF) is a 501(c)(3) nonprofit corporation founded in 2010 by the Higher Education Loan Authority of the State of Missouri (MOHELA). Headquartered at 633 Spirit Drive in Chesterfield, Missouri, MSLF administers scholarships, grants, and (until the program winds down after the 2026-2027 academic year) interest-free private student loans under the Missouri Family Education Loan Program (MOFELP) for Missouri students with demonstrated financial need attending 40+ participating in-state institutions. Its grant portfolio includes the Finish Line Degree Completion Grant, Immediate Needs Emergency Grant, and Advancing Futures Fund; its scholarship portfolio includes the Show-Me to College Scholarship, Purdy Emerging Leaders Scholarship, and the My Missouri (MyMO) Scholarship Promise Program, which disburses up to $10,000 over four years. MSLF also runs the EmpowerED financial literacy program and Mission Impact Grants for institutions.

The foundation is governed by a volunteer board and operates through a service partnership with its parent MOHELA, which serves as the MOHELA-program loan servicer and administrator. Distribution relies on school financial aid offices at participating institutions, which identify candidates for certain emergency grants, and on the My Scholarship Central (Academic Works) online platform for scholarship applications. Loan servicing and borrower account access are delivered through the mslf.mohela.com portal.

MSLF does not operate a commercial revenue model; it does not sell products or services to customers at a price, and no revenue, disbursement totals, endowment size, or headcount are disclosed in publicly available sources. Program funding flows from its MOHELA partnership and charitable sources, and the Foundation is subject to FERPA-compliant handling of student academic and financial records.

Name

Missouri Scholarship & Loan Foundation

Legal name

Missouri Scholarship & Loan Foundation

Website

https://moslf.org

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Missouri Scholarship & Loan Foundation is a 501(c)(3) nonprofit founded by MOHELA in 2010 that administers scholarships, grants, and formerly interest-free student loans for Missouri students with financial need at 40-plus in-state institutions.

Ownership category

akta.pro rank

Product category

Higher Education Financial Aid

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Educational Support Services (61171)

SIC

Services-Social Services (8300), Services-Educational Services (8200)

akta.pro primary industry

Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

akta.pro secondary industries

College Access, Scholarships & Student Success Nonprofits (BPAGADAE), Education Grantmaking Foundations (BPAGAKAK), Scholarships, Grants & Education Benefits Administration (Financing-adjacent) (FSAKAEAM)

Keywords

• Student scholarships
• Higher education funding
• Student loan programs
• Financial aid grants
• Nonprofit foundation

Headquarters

HQ city

Chesterfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. MOHELA Partnership Funding: The Foundation was created by MOHELA to help make higher education more accessible. As a tax-exempt nonprofit 501(c)(3) corporation, the Foundation operates through partnership with MOHELA, which serves as the lender (for MOFELP loans) and servicer.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Missouri Scholarship & Loan Foundation is a nonprofit 501(c)(3) corporation that provides need-based scholarships, grants, and low-cost private student loans to Missouri students pursuing higher education. It administers multiple named scholarship and grant programs (MyMO Promise, Purdy Emerging Leaders, Show-Me to College, Finish Line Degree Completion, Immediate Needs Emergency, Advancing Futures Fund, Mission Impact Grants) along with the MOFELP private student loan (being phased out) and the EmpowerED financial literacy curriculum, delivered in partnership with MOHELA and more than 40 Missouri schools.

Product overview

Missouri Scholarship & Loan Foundation operates as a nonprofit 501(c)(3) organization created by MOHELA in 2010 to make higher education more accessible and affordable for Missouri families. The Foundation offers a portfolio of financial products and services including student loans (MOFELP, being phased out), need-based grants (Finish Line, Immediate Needs Emergency, Advancing Futures Fund), long-term scholarships (MyMO Promise, Purdy Emerging Leaders, Show-Me to College), and financial literacy services (EmpowerED). Products are delivered through integrated platforms including MOHELA's loan servicing portal (mslf.mohela.com) and the My Scholarship Central application system, with grants also available for institutional partners through Mission Impact Grants.

Differentiator

Problem solved

Functional benefit

Brands

• Advancing Futures Fund: Provides one-time financial assistance to Missouri students pursuing short-term credentials in high-demand career fields
• Missouri Family Education Loan Program (MOFELP)
• Finish Line Degree Completion Grant Program
• My Missouri MyMO Scholarship Promise Program
• Purdy Emerging Leaders Scholarship
• Show-Me to College Scholarship
• Immediate Needs Emergency Grant Program
• EmpowerED Financial Literacy Services
• Mission Impact Grants

Products and services

• Missouri Family Education Loan Program (MOFELP)

Quantifiable outcome

• Up to $10,000 in scholarship funds through MyMO program over four years
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• MOHELA (Higher Education Loan Authority of the State of Missouri)coreStrategic or Co-development Partner · 1 January 2010MOHELA created the Missouri Scholarship & Loan Foundation to help make higher education more accessible and affordable for Missouri families. MSLF serves as the MOFELP lender, and MOHELA services the MOFELP loans. The Foundation was formed by MOHELA and operates in partnership with MOHELA for loan servicing and administration.
• My Scholarship Central (Academic Works)coreTechnology or IntegrationMy Scholarship Central (operated by Academic Works) provides the online scholarship application platform used by MSLF for multiple scholarship programs. Students complete a general application and are matched to eligible MSLF opportunities including Show-Me to College, Purdy Emerging Leaders, and MyMO programs.
• Missouri Department of Higher Education and Workforce Development (MDHEWD)minorStrategic or Co-development PartnerMDHEWD defines the high-demand career fields used to determine eligible programs for the Advancing Futures Fund. Students must be pursuing credentials in fields designated as high-demand by MDHEWD.
• Missouri Participating Educational InstitutionscoreChannel Partner/ Reseller/ DistributorOver 40 Missouri colleges and universities are eligible schools for MSLF programs including Avila University, University of Missouri system schools, Washington University, Saint Louis University, Missouri State University, and others. Schools identify eligible students and administer grant disbursements.
• Missouri MOST 529 ProgramminorGTM or Marketing PartnerMyMO program requires students to open a MOST 529 College Savings account (using promo code MO-SLF29) and make at least a $1 contribution. Students must provide proof of account establishment as part of the application process.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Scholarship America: The largest U.S. private scholarship and workforce-education nonprofit, administering need- and merit-based scholarship programs for students and partnering with corporations, foundations, and institutions. Directly comparable as a multi-program, multi-state scholarship administrator with a similar 501(c)(3) operating model to MSLF.
• Hispanic Scholarship Fund (HSF): A large nonprofit providing scholarships, resources, and support to Hispanic-American students pursuing higher education. Comparable as a multi-program scholarship administrator with merit and need-based awards, but with a national rather than single-state geographic focus.
• Missouri Department of Higher Education and Workforce Development (MDHEWD): The Missouri state agency that administers state-level higher education aid, including the A-Plus Scholarship and other need-based programs. Directly comparable as a Missouri-focused higher education financial aid administrator; MSLF actually partners with MDHEWD (which defines Advancing Futures Fund high-demand fields), making them both collaborator and adjacent competitor for student aid dollars.

Others

• National Association of Student Financial Aid Administrators (NASFAA): The national membership association for financial aid administrators at U.S. institutions. Adjacent to MSLF as a critical ecosystem participant — MSLF's programs depend on school financial aid offices, the very constituency NASFAA represents — though not a direct competitor in scholarship administration.

Broad incumbents

• Lumina Foundation: An independent, Indianapolis-based education grantmaking foundation focused on increasing postsecondary attainment. Comparable as an education-focused grantmaking foundation, though Lumina operates at a substantially larger endowment scale and funds national systemic initiatives rather than direct student scholarships.
• ECMC Foundation: The philanthropic arm of ECMC Group, a nonprofit focused on education and workforce outcomes. Comparable to MSLF as a 501(c)(3) education grantmaking foundation that funds scholarships, institutional capacity building, and student-success initiatives, but operating at a national scale and broader mission scope.
• United Negro College Fund (UNCF): The largest minority education nonprofit in the U.S., administering scholarships, institutional grants, and capacity-building programs for students and member HBCUs. Comparable as a multi-program scholarship and institutional grantmaking foundation with a national footprint, though UNCF focuses on a specific student demographic.

Regional players

• Kentucky Higher Education Assistance Authority (KHEAA): A Kentucky state higher education assistance authority providing scholarships, grants, and college planning. Comparable to MSLF as a state-based education aid provider administering multiple need- and merit-based programs for in-state students, but operating in a different geography.
• Illinois Student Assistance Commission (ISAC): The Illinois state student assistance agency administering the Monetary Award Program (MAP) grant and other state scholarship/grant programs. Comparable to MSLF as a state-level scholarship and grant administrator serving in-state residents attending in-state institutions, but in Illinois.

Emerging players

• Jack Kent Cooke Foundation: A private foundation providing need-based scholarships to high-achieving students with financial need and supporting college success programs. Comparable as a 501(c)(3) foundation administering renewable multi-year scholarships plus programmatic/institutional support, though at a smaller, more selective scale than MSLF's portfolio breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/moslfoundation
• Facebookfacebook.com/MOHELA.USA
• LinkedInlinkedin.com/company/moslf

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Missouri Scholarship & Loan Foundation