1996 – The Fund for Assistance to Technician Education (FATE) is officially launched to ensure that MFI’s scholarship program is perpetual. The Bais Family Farm School is established in Bais City, Negros Oriental.

1997 – MFI launches the Continuing Rural Education (CREP) to provide out-of-school youth, women, and farmers of various Laguna municipalities with education and training.

1998 – The Information Technology Program is officially launched as a two-year partial scholarship program.

1999 – MFI is chosen as a Center for Excellence in the Philippines (1999-2003) by the ASEAN Economic Ministers – Ministry of International Trade and Industry and the Japan Economic Industrial Cooperation Committee (AMEICC).

2000 – In recognition of MFI’s contribution to the development of the country’s human resources, the Technical Education and Skills Development Authority (TESDA) selects MFI as one of the sole recipient of the Angat Kabalikat Award.

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