Missouri Scholarship & Loan Foundation

The Missouri Scholarship & Loan Foundation was created in 2010 and is a tax-exempt, nonprofit, 501©(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. The Foundation’s 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.

The Purdy Emerging Leaders Scholarship Program, named in honor of Allan Walker Purdy, is designed to provide merit-based scholarships to emerging leaders who are outstanding students and who have a need for additional resources for higher education. This scholarship supports candidates who demonstrate academic merit, strong leadership potential and exceptional character. Additionally, these students have a vision, are eager to make their contribution to the world and have the work ethic to bring their dreams to fruition.

Allan Walker Purdy was a leader. Born in 1914 on a farm near Macon, Missouri, he was the first in his family to attend a four-year college. Purdy worked in the University of Missouri’s College of Agriculture before becoming the campus’s first director of scholarships and student financial aid. He was the founding president of the National Association of Student Financial Aid Administrators and helped create the Missouri Higher Education Loan Authority, spending 20 years on MOHELA’s board of directors. Purdy’s leadership in the financial aid industry is unparalleled. He believed in using one’s voice and knowledge to help students and families obtain higher education.