A $1.5 million gift from the Enterprise Holdings Foundation will create scholarships at the University of Missouri–St. Louis that reach beyond the recipients.

The Enterprise Opportunity Driver Scholarship program has three key components: scholarships for full-time undergraduate students from low- or moderate-income families pursuing degrees in the College of Business Administration; stipends for junior- and senior-level students who will mentor scholarship recipients; and opportunities for recipients to compete for internships.

The Enterprise Holdings Foundation is the philanthropic arm of the company that, through its regional subsidiaries, operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands.

“This generous gift from Enterprise opens the door to a college education for many students,” says UMSL Chancellor Tom George. “By directing these scholarships to the College of Business Administration, it grows a pool of educated workers in areas critical to St. Louis’ future, such as international business, logistics and operations management and information systems.”

In order to maximize the likelihood that the Enterprise Opportunity Driver Scholarship recipients will complete their degrees, the university will offer additional advising and faculty mentoring support to the students. The peer mentor component will provide a supportive network for undergraduate students and give them additional direction and help them navigate the collegiate environment.