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Mastercard Foundation Scholars Program: A Fully Funded Opportunity for Transformative Leaders
The Mastercard Foundation Scholars Program offers a unique, fully funded opportunity for students to pursue their academic goals and develop into transformative leaders. This prestigious program, aimed at students from Africa, provides full tuition coverage, living expenses, mentorship, and much more. In this blog post, we will explore the eligibility criteria, application process, benefits, and partner universities involved in the Mastercard Foundation Scholars Program to help you understand how to make the most of this life-changing opportunity.
What is the Mastercard Foundation Scholars Program?
The Mastercard Foundation Scholars Program is a transformative educational initiative designed to support the next generation of leaders from Africa. It provides fully funded scholarships for students who have shown academic excellence and have the potential to make a difference in their communities. The program is not just about financial support—it’s about developing leadership skills, gaining international exposure, and creating a lasting impact on the world.
Key Features of the Mastercard Foundation Scholars Program:
- Fully Funded: Covers tuition fees, living expenses, and additional support for students.
- Leadership Development: Focuses on mentoring and leadership programs to prepare students for transformative roles.
- Global Network: Access to a broad network of scholars, alumni, and international organizations.
Eligibility for the Mastercard Foundation Scholars Program
To be eligible for the Mastercard Foundation Scholars Program, applicants must meet certain criteria. These include academic performance, citizenship requirements, and other factors.
Eligibility Criteria:
- Academic Excellence: Applicants must show strong academic performance in their field of study.
- Citizenship: Applicants must be citizens of an African country. This includes African refugees or individuals who have been forcibly displaced.
- Age Limit: For undergraduate (Bachelor’s) degree applicants, you must be 29 years old or younger at the time of application. There is no specific age limit for graduate (Master’s) degree applicants.
- Admission to Partner Universities: You must first be admitted to one of the partner universities offering the Mastercard Foundation Scholars Program.
How to Apply for the Mastercard Foundation Scholars Program
The application process for the Mastercard Foundation Scholars Program involves two primary steps:
1. Apply for Admission:
First, you must apply for admission to one of the partner universities offering the program. These universities have their own admission requirements, so make sure you meet them before applying.
2. Submit Your Scholarship Application:
Once you have received an admission offer, you can apply for the Mastercard Foundation Scholars Program. The application involves submitting:
- Online application form
- Academic transcripts
- Letters of recommendation
- A personal statement detailing your academic achievements and leadership potential
Make sure to check the specific deadlines for each university, as they may vary. For instance, University of Edinburgh has an application window from October 1, 2024, to November 4, 2024.
Application Deadlines
It is important to note the specific application deadlines for each partner university. Here are some examples:
- University of Edinburgh: Opens on October 1, 2024, and closes on November 4, 2024.
- University of Cambridge: The 2025/26 academic year applications have already closed, with the next cycle opening in September 2025.
Make sure you apply on time to ensure consideration for the scholarship.
Benefits of the Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars Program provides several critical benefits to its recipients, empowering them to pursue higher education without financial barriers.
Key Benefits:
- Full Tuition Coverage: The scholarship covers all tuition fees for the duration of your studies at one of the partner universities.
- Living Expenses: Recipients are provided with a stipend to cover living costs, ensuring that they can focus on their studies without financial strain.
- Mentorship and Leadership Development: The program offers leadership training and mentorship opportunities to help you grow as a leader in your field.
- Global Network: Gain access to a global network of scholars, alumni, and professional connections, opening doors for personal and professional development.
Partner Universities of the Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars Program partners with several prestigious universities worldwide. If you are interested in applying, you must first secure admission to one of these partner institutions.
Notable Partner Universities:
- University of Cambridge
- University of Oxford
- University of Edinburgh
- UC Berkeley
- McGill University
- Carnegie Mellon University (CMU-Africa)
- University of the Western Cape (UWC)
- African Leadership College (ALCHE)
- EARTH University
- Sciences Po
- Arizona State University (ASU)
These universities provide a global platform for education and leadership development, ensuring that scholars are well-prepared to contribute to their communities and beyond.
Why You Should Apply for the Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars Program is more than just a scholarship—it’s an investment in your future. By receiving this fully funded scholarship, you can focus entirely on your education and leadership development without worrying about financial barriers. The global network and mentorship opportunities will help you build connections and skills that will be crucial in your future career.

Final Thoughts on the Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars Program offers a transformative educational experience for students who have the potential to become leaders and change-makers. With full financial support, access to mentorship, and a global network of scholars and alumni, this program provides the tools necessary to make a lasting impact in your community and the world.
If you are an African student who meets the eligibility requirements, applying for the Mastercard Foundation Scholars Program could be the opportunity you’ve been waiting for. Make sure to follow the application guidelines, meet the deadlines, and take the first step towards becoming a transformative leader today!
For more information on the Mastercard Foundation Scholars Program, visit their official page.
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