The MasterCard Foundation Scholarship provides gifted students in Africa with the chance to follow their academic aspirations each year. These pupils are a special breed of the impoverished in society, gifted beyond recognition, whose dreams may be dashed by a lack of resources to realize their ambitions.
About the MasterCard Foundation Scholarship
The Mastercard Foundation is aware that education can play a significant role in bringing about socioeconomic change, developing Africa‘s hordes of young people into leaders who will lead the continent’s necessary transition, and fostering local community development.
The initiative offers these academics intellectual, social, and financial support with this objective in mind. The funding package consists of books, additional resource materials, lodging, and tuition.
The financial package may include additional benefits for the aspiring scholars in addition to the ones listed above. The range of subjects covered by this program varies depending on the institution.
Full List of Mastercard Foundation Scholarships
There are partner universities and institutions for the Mastercard Foundation Scholarship program. Secondary Education, Undergraduate Studies, and Master’s Studies are the three program categories.
Eligibility Criteria
- Those who apply for an undergraduate degree, or bachelor’s degree, must be 29 years of age or younger at the time of application.
- Graduate applicants with Master’s degrees must be 35 years of age or younger at the time of application.
- Once more, each institution has unique requirements for admission. You should research the institution you want to apply to and review their requirements.
- The number of institutions to which one can apply is unlimited, but the application procedure itself can be difficult.
- You must start the suggested test regimen a few months before beginning the application process. SAT, TOEFL, or IELTS are some examples of these exams, depending on what the school requires.
- A reference letter could be required by certain institutions. In this context, a known religious leader, teacher, or community leader can be of assistance.
Benefits and Value of Scholarship
- The scholarship program offers extremely educated but financially challenged individuals a way to further their education.
- This program offers the opportunity to learn highly sought-after skill sets in areas including critical thinking, leadership, entrepreneurship, IT, and communications.
- Beneficiaries of this program can volunteer, donate to charities, and perform community service to benefit society.
- Through the program, graduates and undergrads can collaborate, network, and exchange ideas in a variety of forums, seminars, and workshops to support one another in achieving their unique goals.
- The program provides a wealth of opportunities for the recipients to engage with mentors, life coaches, and leadership specialists.
- Students make a seamless transition from school to university education.
To support 15,000 African Scholars who are dedicated to giving back to their communities and advancing social development and economic progress in their home countries, the MasterCard Foundation has donated $500 million toward their secondary, undergraduate, and graduate studies. Scholarships are offered for study abroad in the USA, Canada, Germany, and other countries.
Becoming A Mastercard Foundation Scholar
The program values the best attributes in its scholars, including their commitment to improving our communities, their high standards of academic excellence, and their leadership abilities.
As a result, to be considered a scholar, one must possess strong academic credentials, exhibit strong leadership abilities, and exhibit a strong desire to improve the lives of others around them.
The Foundation’s partner institutions and non-governmental organizations manage the full application procedure for scholars. Proceed with all your questions and application materials via the selected institution.
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