MCCFO has awarded annual scholarships to Macomb students nominated by faculty members. The faculty scholarship program has been in place for 39 years and is primarily funded by donations from faculty, although friends and family have contributed in the memory of faculty members. To date, MCCFO has awarded 179 scholarships.

To be eligible for one of the scholarships, students must attend Macomb full time, have completed a minimum of 24 credit hours and maintained a 3.5 grade point average.

MCCFO is proud to fund two scholarships funds, the MCCFO Memorial and Promise Scholarships. The Memorial Scholarship was founded to honor the following MCCFO faculty who have passed away: Andy Drotar and Lloyd Raskin.

Additionally, the Promise Scholarship was created to help the children of active faculty members who have passed.