How to Apply to Win the MasterCard Foundation Scholarship

Watch Tutorial: How to Apply to Win the MasterCard Foundation Scholarship

Every year, the Mastercard Foundation offers fully-funded grants and scholarships to African students for study worldwide. At the beginning of the Scheme in 2012, 19 universities were marked for the start of the program. This number continues to be added to annually

For example, this year, the University of Abomey-Calavi in the Republic of Benin, received a boost with a seven-year, USD$6.2 million commitment from the Mastercard Foundation Scholars Program starting 2017 to 2023. The new partnership, which for the first time expands the Scholars Program to Francophone West Africa, will benefit 300 bright young Africa leaders and entrepreneurs with a high-quality education, creating pathways to careers in science and technology, as well as business and entrepreneurship for youth whose academic talent and promise exceed their financial resources.

Also, Sciences Po in France, the first university in continental Europe to join the Mastercard Foundation Scholars Program has also been included. Within this international network, 27 prestigious institutions in Africa, America and Europe are committed to ensuring that all young people, whatever their background, have the same opportunities to get a quality education and fulfil their potential. Here’s hoping more universities in Europe and Asia are added to the Scheme.

The Mastercard Foundation Scholarship program is a $500 million education initiative that will provide 15,000 talented yet economically disadvantaged students from developing countries, particularly from Africa– with comprehensive support for secondary and university education

While the Mastercard Foundation scholarship has been discontinued in some universities as agreed contract years might have expired, the Program still continues in other universities. New Universities and organisations are also being included in the program, providing young Africans with holistic and fully-funded university education in different parts of the world.

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