The purpose of The Moro Moro Scholarship Fund is to end the painful cycle of poverty in Moro Moro. To this end, The Moro Moro Scholarship Fund assists the most deserving secondary school graduates from the mountain village of Moro Moro, Bolivia, with books and room and board to study at the state university Universidad Gabriel Rene Moreno in the city of Santa Cruz. Without the support of the Fund, the chances for higher education for these youth would be remote.

To merit a scholarship, the Moro Moro Scholarship Fund candidate must demonstrate clear financial need, a high potential for academic success as evidenced by performance at the secondary level, and positive moral character and excellent reputation in the village. The Moro Moro village council nominates several prospective scholars from the graduating class of the secondary school each year. Nominees are reviewed and the top scholar is selected by the Fund's Board of Directors. If funds permit, more than one student may be selected.

Each selected Moro Moro Scholar signs a contract with the Fund to abide by written scholarship requirements that include good grades, unquestionable behavior, and successful graduation from the five-year university program. Each Scholar contracts at the beginning to contribute ten percent of his or her first year's net income back to the Fund, and to use his or her professional skills in some way for the benefit of the village for an agreed-upon period of time.