MasterCard Foundation Scholarships Programs for Africans

MasterCard Foundation Scholarships

The MasterCard Foundation is committed to helping people around the world access higher education and financial services. With this scholarship, they hope to help African students achieve their dreams and achieve success in life.

The MasterCard Foundation Scholarships Program has provided more than $500 million in scholarships to young people from Africa who would not otherwise be able to attend college or university due to a lack of financial resources.

The MasterCard Foundation is offering full scholarships to African students who are pursuing a degree in any field of study. The scholarships are available to applicants who are currently enrolled in college, as well as those who have completed their undergraduate studies and are on their way to their first graduate degree. They provide funding in any field at accredited institutions around the world. The scholarships will cover tuition fees, books, and living expenses. Also, check out the Fulbright Foreign Student Program in the United States.

Brief Description of the MasterCard Foundation Scholarships 

Scholarship Host: MasterCard Foundation

Scholarship Location: The United States and Africa

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Host Institution(s): The following universities/institutions were selected for their commitment to academic excellence, nurturing environments, and programs relevant to growth sectors in Africa, such as manufacturing, telecommunications, banking, and agriculture:

  •  African Leadership Academy, South Africa
  • Ashesi University, Ghana
  • American University of Beirut, USA
  • Arizona State University, USA
  • Camfed , USA
  • Brac, Uganda
  • Duke University, USA
  • Earth University, Costa Rica
  • Forum for African Women Educationalists, Kenya
  • Kwame Nkrumah University of Science and Technology, Ghana
  • Makerere University, Uganda
  • McGill University, Canada
  • Michigan State University, USA
  • Stanford University, USA
  • University of British Columbia, Canada
  • The University of California, Berkeley, USA
  • University of Pretoria, South Africa
  • University of Toronto, Canada
  • Wellesley College, USA
  • University of Cape Town, South Africa

Course Level/Field of Study: Approved Undergraduate and Graduate fields of studies offered by participating Universities/Institutions.

Number of Scholarships: The Scholarship Program aims to give out $500 million worth of scholarships to 15,000 African students in 10 years.

Eligible Countries: Citizens of Sub-Saharan Africa

Worth of Scholarship: The MasterCard Foundation Scholars Program is designed to provide students with holistic support, including:

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Comprehensive Scholarships:  Students receive financial support for fees, uniforms, books and supplies, transportation, accommodation, and stipends.

Modern Skill Building: Students benefit from enrichment in skill areas relevant to employment success, such as critical thinking, communications, and entrepreneurship.

Transition Support: Students will receive support during their transition into secondary school, university or the workforce with mentoring, career counselling, internships, leadership development, and other life skills coaching.

Give-back Component: An integral component of the Program is the commitment from the Scholars to give back to their communities and countries of origin. Students will demonstrate this commitment through volunteerism and community service, as well as other forms of experiential learning.

Alumni Network: Graduates of the Scholars Program will be connected through an alumni network that offers information, resources, and opportunities to consult with other graduates.

Eligibility Criteria for the MasterCard Foundation Scholarships 

  • For individuals applying for the undergraduate (bachelor’s) degree, they must be 29 years old or under at the period of their application.
  • For individuals applying for a graduate (Master’s) degree, they must be 35 years old or under at the period of their application.
  • Again, each Institution has its own eligibility criteria. You are advised to look up the Institution at which you wish to apply and check out their own criteria.
  • While there is no limit to the number of institutions one can apply to, the application process itself can be tasking.
  • It is important you take the recommended tests a few months before starting your application process. These tests can be SAT, TOEFL, or IELTS according to the institution’s requirements.
  • Some Institutions may request a reference letter. A community leader, teacher, or Religious leader you know can help in this regard.
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Method of Application

Applications must be made directly to the participating university/institution of your choice. Deadline varies but is around January-July 

For more information and how to apply, visit the official scholarship website below.

Official Scholarship Websites

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