The Mastercard Scholarship 2024-25 Application Form, Monthly Stipends

August 16, 2024

Opportunity Description

The Mastercard Foundation, in collaboration with several top universities and institutions globally, provides the Mastercard Foundation Scholarship Program. This program aims to support academically gifted but financially disadvantaged students, mainly from Africa, who demonstrate leadership potential and a dedication to serving their communities. Discover information about the Mastercard Scholarship, the application form, requirements, and the benefits offered by the scholarship.

Details About Mastercard Scholarship 2024

  • Country: Primarily African Countries
  • Scholarship Name: The Mastercard Foundation Scholarship Program
  • Duration: 4 years for Bachelor’s, 2 years for Master’s and PhD
  • Benefits: Fully Funded
  • Deadline: Varies

 

Benefits

The Mastercard Foundation Scholarship is comprehensive, covering a wide range of expenses to ensure that scholars can focus on their studies without financial burdens. Key benefits include:

  • Full Tuition Fee
  • Accommodation
  • Books
  • Travel Expenses
  • Stipends
  • Health Insurance

 

Partner Institutions OR Universities

The Mastercard Foundation has partnered with several prestigious universities and institutions worldwide to offer its scholarship program. These partner institutions are selected for their commitment to academic excellence, leadership development, and community service. Below is a list of some of the prominent partner universities and institutions:

 

Africa:

  1. African Leadership Academy (ALA) – South Africa
  2. Ashesi University – Ghana
  3. Kwame Nkrumah University of Science and Technology (KNUST) – Ghana
  4. University of Cape Town (UCT) – South Africa
  5. University of Pretoria – South Africa
  6. University of the Western Cape (UWC) – South Africa
  7. Makerere University – Uganda

 

North America:

  1. Arizona State University (ASU) – USA
  2. McGill University – Canada
  3. University of British Columbia (UBC) – Canada
  4. University of Toronto – Canada
  5. University of California, Berkeley (UC Berkeley) – USA
  6. Wellesley College – USA

 

Europe:

  1. Sciences Po – France
  2. University of Edinburgh – United Kingdom

 

Middle East:

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1. American University of Beirut (AUB) – Lebanon

 

 

Eligibility Criteria

  • Applicants must show strong academic performance, typically evidenced by high school grades or university transcripts.
  • The scholarship is aimed at students from economically disadvantaged backgrounds who lack the financial resources to pursue higher education.
  • The program primarily targets students from Sub-Saharan Africa, though eligibility criteria may vary depending on the partner institution.
  • To qualify for the Mastercard Scholarship, students must be accepted into a participating institution that collaborates with the Mastercard Foundation.
  • Certain Mastercard scholarships may be restricted to specific fields of study or academic programs, such as STEM (Science, Technology, Engineering, and Mathematics), social sciences, or business-related disciplines.
  • The application process might require candidates to submit letters of recommendation from teachers, mentors, or community leaders who can attest to their character and potential.

 

Required Documents

  • Filled application form.
  • Certified copies of high school or university transcripts.
  • Documentation such as income statements, tax returns, or affidavits to demonstrate financial hardship.
  • Personal statements or essays.
  • Admission letter from the partner institution.
  • Copies of passports, birth certificates, or national IDs.

 

Application Process

  • Begin by identifying the Mastercard Foundation partner institutions that offer your desired program.
  • Apply for admission to your chosen institution, ensuring that you provide all required documents.
  • Complete the scholarship application form, typically found on the partner institution’s website or directly from the Mastercard Foundation.
  • Submit all required documents, making sure they are complete and accurate.
  • Write a compelling personal statement that showcases your academic achievements, leadership potential, commitment to community service, and vision for contributing to positive change in your home country.
  • Carefully complete both the university’s online application for admission and the Mastercard Scholarship Program application form. Be mindful of submission deadlines, which can vary by institution.
  • After submitting your application, monitor your email for notifications about the status of your application and promptly provide any additional information requested.