Twenty-four Laney Machine Technology students were awarded $19,000 in scholarships, through the Peralta Foundation, and funded through donations by the Gene Haas Foundation. The Laney Machine Technology Haas Foundation Scholarship has been offered since 2013. Over that period, 225 scholarships have been awarded for a total of $175,000.

The Machine Technology Scholarship is internal to Machine Tech Students. Since 2013 no student has been turned down for an award. Awards are $500 and $1000 with a max of $1500 over 2 years. The scholarship award recipients currently work for the Lawrence Livermore National Lab, Lawrence Berkeley National Lab, Nasa Ames, EBMUD, SFPUC, Google, and many, many more. A small number of students now have their own shops, while several currently teach at Laney, other community colleges, and high schools. The fund is managed through the Peralta College Foundation, and without their help, it would not be possible. Funding comes primarily from the Gene Haas Foundation. Additional funding is provided by Laney Machine Technology faculty, other companies, and past graduates of the program.