The Cleveland's Future Engineers Scholarship Fund was created to advance education by providing scholarships to graduating high school seniors who are residents of Cuyahoga County, plan to attend a four-year college or university, have maintained a minimum 3.2 cumulative grade-point average (on a 4.0 scale), and have demonstrated both an interest and academic achievement in math, science, engineering, or computer technology (with a preference for applicants who plan to seek a career in civil engineering).

Providing support for Cuyahoga County public high school graduates enrolled in college as a freshman or sophomore, or enrolled in a vocational training program. The fund is specifically geared to select students who demonstrate a commitment to educational achievement and have a passion for an initial identified course of study or career path.

Providing scholarship support to graduating seniors of the Cleveland Metropolitan School District who will be attending a post-secondary educational institution, majoring in Education. Selection decisions are based on evidence of significant leadership potential and willingness to contribute time and talent to the community. Additional consideration given to academic merit and a preference to African American students.

To enhance scholarship opportunities for persons with mental challenges who aspire and have the potential to succeed in undertaking college/university course work at either the undergraduate or graduate level. The program is intended to offer scholarship grants annually to persons selected by a committee for awards.