The Mastercard Foundation, in collaboration with top universities and institutions globally, presents the Mastercard Foundation Scholarship Program. This initiative supports academically talented yet economically disadvantaged students, primarily from Africa, who demonstrate leadership potential and a dedication to community service. Discover more about the Mastercard Scholarship, including the application process, requirements, and benefits.
Details About the Mastercard Scholarship 2024-25
- Region: Primarily African Countries
- Scholarship Name: The Mastercard Foundation Scholarship Program
- Duration: 4 years for Bachelor’s, 2 years for Master’s and PhD
- Benefits: Fully Funded
- Deadline: Varies by institution
Scholarship Benefits
The Mastercard Foundation Scholarship covers a comprehensive range of expenses to enable scholars to concentrate on their studies without financial concerns. Key benefits include:
- Full Tuition Fees
- Accommodation
- Books
- Travel Expenses
- Monthly Stipends
- Health Insurance
Partner Institutions
The Mastercard Foundation partners with several prestigious universities worldwide, chosen for their dedication to academic excellence, leadership development, and community service. Some prominent partner institutions include:
Africa
- African Leadership Academy (ALA) – South Africa
- Ashesi University – Ghana
- Kwame Nkrumah University of Science and Technology (KNUST) – Ghana
- University of Cape Town (UCT) – South Africa
- University of Pretoria – South Africa
- University of the Western Cape (UWC) – South Africa
- Makerere University – Uganda
North America
- Arizona State University (ASU) – USA
- McGill University – Canada
- University of British Columbia (UBC) – Canada
- University of Toronto – Canada
- University of California, Berkeley (UC Berkeley) – USA
- Wellesley College – USA
Europe
- Sciences Po – France
- University of Edinburgh – United Kingdom
Middle East
- American University of Beirut (AUB) – Lebanon
Eligibility Criteria
- Academic Excellence: Demonstrated through high school grades or university transcripts.
- Financial Need: Targeted at students from economically disadvantaged backgrounds.
- Regional Focus: Primarily for students from Sub-Saharan Africa.
- Admission: Must be admitted to a participating partner institution.
- Field of Study: Some scholarships are specific to certain fields such as STEM, social sciences, or business.
- Recommendations: Letters from teachers, mentors, or community leaders attesting to the applicant's character and potential.
Required Documents
- Completed application form
- Certified copies of high school or university transcripts
- Financial documentation (income statements, tax returns, affidavits)
- Personal statements or essays
- Admission letter from the partner institution
- Copies of passports, birth certificates, or national IDs
Application Process
- Identify Partner Institutions: Start by choosing a Mastercard Foundation partner institution that offers your desired program.
- Apply for Admission: Submit your application to the chosen institution with all required documents.
- Scholarship Application: Fill out the scholarship application form available on the partner institution’s website or from the Mastercard Foundation.
- Submit Documents: Upload or send all required documents, ensuring accuracy and completeness.
- Personal Statement: Write a compelling personal statement highlighting your academic achievements, leadership potential, community service commitment, and vision for positive change.
- Monitor Application: Stay alert for notifications regarding your application status and respond promptly to any requests for additional information.
For more details and to apply, visit the official Mastercard Foundation Scholarship website: APPLY FOR THE MASTER CARD FOUNDATION SCHOLARSHIP
Conclusion
The Mastercard Foundation Scholarship is more than just financial aid; it’s an investment in future leaders from Africa and beyond. By offering access to quality education, comprehensive support, and development opportunities, the program empowers young individuals to achieve their academic and professional goals. Aspiring scholars who meet the eligibility criteria are encouraged to apply and potentially transform their lives and the lives of their communities.
