The Mastercard Foundation Scholars Program is a transformative initiative designed to provide fully funded scholarships to talented African students who demonstrate academic excellence, leadership potential, and a strong commitment to community development. The program partners with top universities across the world, including institutions in Africa, North America, and Europe, to offer education opportunities that empower students to drive social and economic change in their home countries.
This comprehensive guide explores everything you need to know about the Mastercard Foundation Scholars Program, including eligibility criteria, benefits, application processes, partner universities, and tips for a successful application.
What is the Mastercard Foundation Scholars Program?
The Mastercard Foundation Scholars Program is a fully funded education initiative launched by the Mastercard Foundation. The program’s mission is to support young African leaders by providing them with high-quality education, mentorship, and leadership training to create positive change in their communities.
Key Features of the Mastercard Foundation Scholars Program
✔ Fully funded scholarships – Covers tuition fees, accommodation, books, and living expenses.
✔ Leadership training – Scholars participate in leadership and entrepreneurship development programs.
✔ Global university partnerships – Offers access to top universities in Africa, North America, and Europe.
✔ Community engagement – Scholars commit to giving back to their home countries and communities.
✔ Internships and career opportunities – Provides access to internships, mentorship, and job placements.
This scholarship program is more than just financial support—it’s a life-changing opportunity for African students to gain a world-class education and leadership skills.
Eligibility Criteria for the Mastercard Foundation Scholars Program
To qualify for the Mastercard Foundation Scholars Program, students must meet specific eligibility requirements.
General Eligibility Requirements
✔ Must be a citizen of an African country.
✔ Must have excellent academic performance.
✔ Must demonstrate leadership potential and a strong commitment to community service.
✔ Must be from an economically disadvantaged background.
✔ Must meet the admission requirements of a partner university.
Who is Not Eligible?
✖ Non-African students.
✖ Students who do not meet the academic or financial need requirements.
✖ Individuals who have already completed a bachelor’s or master’s degree.
Meeting the eligibility criteria significantly increases the chances of selection for this highly competitive scholarship.
Benefits of the Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars Program provides numerous benefits beyond just financial assistance.
Financial Support
✔ Full tuition fees covered at a partner university.
✔ Accommodation and living expenses fully funded.
✔ Health insurance and travel costs for international studies.
✔ Book and study materials allowance.
Academic and Leadership Development
✔ Mentorship and career coaching from university faculty and industry professionals.
✔ Participation in leadership workshops and entrepreneurship training.
✔ Access to exclusive networking opportunities with global leaders.
Internship and Employment Opportunities
✔ Scholars gain hands-on work experience through internships and work placements.
✔ Graduates become part of a global alumni network that provides job opportunities.
These benefits equip scholars with the tools they need to succeed academically, professionally, and socially.
List of Mastercard Foundation Partner Universities
The Mastercard Foundation Scholars Program partners with top universities across Africa, North America, and Europe. Below are some of the leading institutions:
Partner Universities in Africa
✔ University of Cape Town (South Africa)
✔ Makerere University (Uganda)
✔ Ashesi University (Ghana)
✔ African Leadership University (Rwanda & Mauritius)
✔ Kwame Nkrumah University of Science and Technology (Ghana)
Partner Universities in North America
✔ University of Toronto (Canada)
✔ McGill University (Canada)
✔ Duke University (USA)
✔ University of British Columbia (Canada)
Partner Universities in Europe
✔ Sciences Po (France)
✔ University of Edinburgh (UK)
✔ American University of Beirut (Lebanon)
These universities are carefully selected for their commitment to academic excellence, leadership training, and social impact.
Step-by-Step Application Process for the Mastercard Foundation Scholars Program
The application process for the Mastercard Foundation Scholars Program is competitive and involves several steps.
Step 1: Research and Choose a Partner University
✔ Visit the official Mastercard Foundation website to check eligible universities.
✔ Select a bachelor’s or master’s program that aligns with your career goals.
✔ Review university-specific scholarship requirements and deadlines.
Step 2: Apply for Admission at the University
✔ Each partner university has its own admission process.
✔ Apply for admission before or alongside your scholarship application.
✔ Submit academic transcripts, reference letters, and personal statements.
Step 3: Submit a Separate Scholarship Application
✔ Many universities require a separate application for the Mastercard Scholarship.
✔ Complete the online scholarship application form.
✔ Upload all required documents, including:
- Proof of financial need (bank statements, household income details).
- Academic records (high school or undergraduate transcripts).
- Letters of recommendation from teachers or mentors.
- Personal essays describing leadership experience and future goals.
Step 4: Participate in Interviews (If Shortlisted)
✔ Shortlisted candidates may be invited for an interview.
✔ Prepare to discuss your academic background, leadership experiences, and community involvement.
✔ Be ready to explain how you plan to use the scholarship to impact your community.
Step 5: Receive Scholarship Decision and University Admission
✔ Successful applicants receive an official scholarship offer letter.
✔ Scholars must accept the offer and complete university admission procedures.
✔ Arrangements for visa processing (if studying abroad) and travel will be made.
Following these steps ensures a smooth application process and maximizes your chances of winning the scholarship.
Selection Criteria for the Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars Program evaluates candidates based on:
✔ Academic Excellence – Strong academic performance in high school or previous degree.
✔ Leadership Potential – Demonstrated ability to lead community initiatives or social impact projects.
✔ Commitment to Social Change – A clear plan for contributing to positive change in Africa.
✔ Financial Need – Applicants must prove they lack the financial means to fund their education.
A strong combination of academic achievement, leadership skills, and financial need increases the likelihood of selection.
Tips for a Successful Mastercard Foundation Scholars Program Application
✔ Start Early – Research universities and scholarship requirements well in advance.
✔ Write a Strong Personal Statement – Clearly explain your background, goals, and leadership impact.
✔ Secure Strong Recommendation Letters – Choose referees who can highlight your achievements and leadership skills.
✔ Provide Evidence of Financial Need – Submit clear and accurate financial documents.
✔ Highlight Leadership and Community Involvement – Showcase volunteer work, projects, and initiatives that demonstrate your impact.
A well-prepared application increases your chances of receiving the scholarship.
Final Thoughts on the Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars Program is a life-changing opportunity for African students to access world-class education, leadership training, and career development. With full financial support and mentorship, scholars can pursue their academic dreams while making a lasting impact on their communities.
Key Takeaways:
✔ Fully funded scholarships covering tuition, living expenses, and travel.
✔ Available for bachelor’s and master’s degrees at top global universities.
✔ Selection is based on academic merit, leadership potential, and financial need.
✔ A strong application with leadership experience increases success chances.
By following this comprehensive guide, aspiring scholars can successfully apply for and secure the Mastercard Foundation Scholars Program, setting them on a path toward academic and professional success.