Are you of African descent and seeking financial support to further your education? Are you a young person whose aspirations for higher education exceed your current financial capabilities? Take advantage of the extraordinary opportunity provided by the Mastercard Foundation Scholarships to advance toward the realization of your aspirations.
The Mastercard Foundation Scholars Program, the largest leadership and scholarship program of its kind in Africa, aims to provide gifted and diverse young individuals who are committed to giving back with the knowledge and attitudes necessary to pursue their ambitions and enhance their communities.
Specifications for the Mastercard Foundation Scholarships
The scholarship program provides career counseling, mentoring, internship opportunities, tutoring, and other opportunities to cultivate essential leadership skills, in addition to covering the costs of tuition and required living expenses.
The Scholars program is executed through a Pan-African and international network of over 40 universities and non-governmental organizations. By encouraging collaboration among significant sectors and stakeholders, research, inventive teaching and learning practices, and diversity and accessibility, the Program is improving the higher education ecosystem.
Criteria for Eligibility
To be eligible for the Mastercard Foundation Scholarships, interested candidates must meet the following criteria:
- At the moment of application for an undergraduate (bachelor’s) degree, candidates must be 29 years of age or younger.
- At the time of initial application for a graduate (master’s) degree, candidates must be 35 years of age or lower.
- Possess exceptional academic credentials and a yearning to become a member of a community of youthful innovators.
- A young person whose academic ambitions exceed your financial resources.
- Every university has its own admissions requirements. Before applying, conduct a comprehensive examination of the institution’s application requirements.
Check Also: McGill University Mastercard Scholarships – Apply Now
Benefits for Latest Mastercard Foundation Scholarships
- Complete Tuition Coverage: To ensure that financial limitations do not impede your academic journey, the scholarship covers full tuition fees for your entire Master’s program at UBC.
- Living Stipend: To cover daily living expenditures such as housing, food, and personal expenses, a stipend is given.
- Travel Support: You will receive assistance with immigration and visas, as well as round-trip airfare from your home country to Canada.
- Support for Laptops and Technology: Students are given access to the technology they need to help with their academics, including a laptop.
- Health Insurance: Scholars can concentrate on their studies without having to worry about medical expenses if they have comprehensive health coverage.
- professional and Social Support: In addition to receiving professional development advice, scholars have access to UBC’s wide network and leadership and personal development activities.
- Social Entrepreneurship: The Social Entrepreneurship Fund is a program that helps students who want to launch businesses that would benefit their communities back home in Africa.
Procedures for Applications
Before and during the application process for the Mastercard Foundation Scholars Program, certain regulations must be followed and items should be watched for. Applicants are advised to record the following details:
Before submitting:
- To obtain precise information regarding eligibility requirements, deadlines, and other application instructions, you must conduct a comprehensive review of the Program website of the university of your choice.
- Determine the college and program in which you aspire to enroll. It is crucial to bear in mind that the completion of an application package necessitates a significant amount of effort, despite the fact that there is no limit to the number of institutions to which you may apply.
- Accumulate the necessary documentation for submission. Each institution has its own set of documentation requirements as part of the application procedure. If a document is not submitted promptly, an incomplete application will be generated.
- Take the requisite examinations a few months prior to commencing your application, if necessary. Before being considered for the Mastercard Foundation Scholars Program, each applicant must meet the university’s admissions requirements. For specific partners, all international students must take exams such as the SAT, TOEFL, or IELTS. Other university collaborators are not obligated to complete these.
- Inquire about testimonials. Universities generally necessitate recommendation documents. Certain universities may require you to submit the recommendation online. In this case, the applicant is responsible for contacting their references to inquire about the online application.
If applying:
- Adhere to the application guidelines of the university program. While some partners exclusively take applications submitted online, others require paper submissions.
- Be mindful of the deadline and refrain from waiting until the last minute to submit your application. Review your application bundle to confirm that you have submitted all required documents. Late or incomplete applications will not be considered for the Scholars Program.
Partner Organizations
Undergraduate Studies
- African Development University
- American University of Beirut
- Ashesi University College
- Kwame Nkrumah University of Science and Technology (KNUST)
- Sciences Po
- University of Abomey-Calavi
- University of Gondar
- EARTH University
- Makerere University
- United States International University Africa
- African Leadership University
- International Institute for Water and Environmental Engineering (2iE)
Master’s Studies
- African Institute for Mathematical Sciences (AIMS)
- American University of Beirut
- Arizona State University
- Carnegie Mellon University Africa
- McGill University
- University of Oxford
- Sciences Po
- University of Cambridge
- University of Cape Town
- University of Edinburgh
- University of Gondar
- University of Pretoria
- University of California, Berkeley (UCB)
- University of Toronto (U of T)
What You Should Know About Mastercard
The Mastercard Foundation partners with innovative organizations to ensure that young people in Canada’s Indigenous communities and Africa have access to meaningful employment.
We aspire to a society in which young people are recognized for their leadership and accomplishments, as well as valued and flourishing. a period in the future when young people are achieving their greatest potential and leading transformative change.
We bring together the private sector, donors, young people, and civil society to develop efficient processes and infrastructures, encourage policies, and create an environment that fosters the growth and prosperity of small businesses and entrepreneurs, as well as young people able to secure employment.
A situation in which all individuals have the opportunity to learn and progress.
Mastercard Foundation Approach
Presently, the Foundation is operational in 33 African countries. We will enhance our engagement in certain countries through Young Africa Works, where we will work in conjunction with the public and private sectors to gain a more comprehensive understanding of their economic objectives and to identify critical growth areas.
We will develop a long-term strategy for each priority country that will:
- Improve the quality of education and career preparation to equip young individuals with the skills that employers require;
- Employ technology to facilitate the connection between employers and employment seekers, thereby fostering growth.
- Provide small businesses and entrepreneurs with access to banking services to facilitate their expansion.
We anticipate working in a diverse array of countries that have a significant number of young people who are vulnerable employed and living in poverty. These nations will be able to flourish, generate employment opportunities, enhance education and skills, and exert influence within their respective regions. Additionally, collaboration with African organizations will be prioritized.
Fraquality Asked Question:
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What is the MasterCard Scholarship for 2024-2025?
The Mastercard Foundation Scholars Program provides a comprehensive scholarship covering tuition, travel, accommodation, meals, books, and other costs for a professional program. Scholars also receive a robust support network and a two-week summer orientation program.
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Is the Mastercard Foundation scholarship fully funded?
Mastercard Foundation Scholars Program at the University of Toronto (Fully-funded) Introductie The Mastercard Foundation Scholars Program at the University of Toronto is a comprehensive scholarship die provides citizens from Sub-Saharaans Africa with access to relevant university education.
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How to win a Mastercard Foundation scholarship?
The criteria for admissions include academic excellence, leadership, financial need, and intention to use the Mastercard Foundation Scholars Program experience to give back to society. To apply, candidates should directly contact the university or institution where they would like to study.
