The Gamma Mu Foundation awarded six $2,500 scholarships in 2007, including the three named scholarships listed below. Scholarship recipients are selected in the Spring of each year. Named Scholarships awards result from single or cumulative donations of $25,000 for a 5-year award time or $50,000 for an award in perpetuity.

The Robin McDonald Memorial Scholarship is awarded to a gay male in good scholastic standing that is pursuing an advanced degree.

The Art Huskey Memorial Scholarship is awarded annually to a gay male in good scholastic standing pursuing either an undergraduate or graduate degree.

The Aileen and Cliff Pettit Memorial Scholarship is awarded annually to a gay male in good scholastic standing pursuing either an undergraduate or graduate degree.