The Mastercard Scholarship 2024-25 Application Form, Monthly Stipends

The Mastercard Foundation, in partnership with several leading universities and institutions worldwide, offers the Mastercard Foundation Scholarship Program. This initiative is designed to support academically talented yet economically disadvantaged students, primarily from Africa, who exhibit leadership potential and a commitment to giving back to their communities. Learn about the Mastercard Scholarship, the Application Form, requirements, and the benefits of 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

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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

Also Check: Boston University Trustee Scholarship 2025 in USA (Study in USA)

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:

1. American University of Beirut (AUB) – Lebanon

Eligibility Criteria

• Candidates must demonstrate strong academic performance, often reflected in high school grades or university transcripts.
• The scholarship targets students from economically disadvantaged backgrounds who lack the financial means to pursue higher education.
• The program primarily focuses on students from Sub-Saharan Africa, though eligibility may vary depending on the partner institution.
• To be eligible for the Mastercard Scholarship, students must be admitted to a participating institution that partners with the Mastercard Foundation.
• Some Mastercard scholarships may be limited 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 may require applicants to submit letters of recommendation from teachers, mentors, or community leaders who can speak to their character and potential.

Also Check: University of Malaya (UM) Bright Scholarship 2024, Malaysia

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

• Applicants should start by identifying the Mastercard Foundation partner institutions that offer their desired program.
• Apply for admission to the chosen institution. Ensure that all required documents are provided.
• Fill out the scholarship application form, which is usually available on the partner institution’s website or directly from the Mastercard Foundation.
• Upload or send all required documents, ensuring they are complete and accurate.
• Craft a compelling personal statement that highlights your academic achievements, leadership potential, commitment to community service, and vision for contributing to positive change in your home country.
• Carefully complete the university’s online application for admission and the Mastercard Scholarship Program application form. Pay attention to submission deadlines, which can vary by institution.
• After submitting your application, keep an eye on your email for notifications regarding the status of your application. Be responsive and prompt in providing any additional information requested.
• The Official Link to the website is given below.

APPLY FOR THE MASTER CARD FOUNDATION SCHOLARSHIP

Conclusion: The Mastercard Foundation Scholarship is more than just financial aid; it is an investment in the future leaders of Africa and beyond. By providing access to quality education, comprehensive support, and development opportunities, the program empowers young people to achieve their academic and professional goals.

Aspiring scholars who meet the eligibility criteria should seize this opportunity to apply, potentially transforming their lives and the lives of those in their communities.